Loss Prevention and Control

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Loss Prevention and Control

Welcome to the internet, the next frontier in merchandising and shopping and online business, also welcome to the many new ways to be scammed and ripped off.

There are business which get scammed out of money all the time, and get frauded and even identify theft has caused the loss of business to the point where major corporations like HP had credit card companies say they will refuse to deal with them.

Internet crimes and scams cost the businesses online a lot of money, millions and millions of dollars each day.

So what does this mean to you? When you shop online, you have to be careful because there are people out there who want your business , they do want your money, but they have no intentions of giving you any product.

So what is loss control and prevention, it is a simple program that can be used to help you to prevent you from getting scammed, is it 100% No its not, but it will help you, HP saved millions of dollars in their HPShopping.com campaign from it.

Rule 1. Check their web site, how professional is it? What is their return policy, is there a 1-800 number? Do they have contact info, how professional is the whole thing?

Rule 2. Do you realize their are applications online to help you verify addresses and even phone numbers, if your doing business online, you might want to verify who they are, even a good yahoo might help.

Rule 3. Request a call back, prepare a list of questions and items that you would ask them.

Rule 4. Try some correspondence with them.

Rule 5. Ask your self if you feel comfortable with all this.

Rule 6. Is the price outrageous weather its too cheap or too expensive, have you compared their prices with other competitors?

Rule 7. Take all these rules that we have talked about and evaluate the results and think about what you find out, if you don't feel comfortable then it might not be a good idea to do business with them.

If you follow these steps, you will save more money than loose, I hope this helps you, but try to realize use your resources that you have to use.

Have fun, be safe and protect yourself on the internet.