Why Online Cheaper than Physical Stores They are selling similar to this but is close to half the price. Able to advice on the difference? Wireless IP Camera

1. Research the Seller’s Reputation:
   • Check the seller’s license from SPF – Singapore Police Force, BCA – Building Control Authority, MOM – Ministry of Manpower, and School interactive – attachment and training of Interns. Example BCA certified
   • Study for real and fake feedback ratings and reviews on platforms like Carousell, Shopee, and Lazada. from “previous customers” regarding their workmanship, knowledge, and attitude.
   • Be wary of sellers with a low rating or a history of negative feedback.
2. Verify Product Authenticity:
   • Ask the seller for proof that the product is genuine and new. Request pictures of the product’s serial number, packaging, and any official certifications.
   • Ensure that the product comes with a Local Hikvision warranty, and ask for documentation to support this claim.
3. Request a Official Invoice:
   • Before making a purchase, request a detailed invoice from the seller with the company’s name, contact information, and a breakdown of all costs.
   • Make sure the invoice matches the agreed-upon price and terms of sale, and there are no hidden fees or conditions.
4. Investigate Frequent Company Name and Ownership Changes:
   • If you notice that the seller has changed their company name multiple times in a short period, it could be a red flag.
     Research the reasons behind these name changes and try to find out if there have been any legal issues or customer complaints associated with these changes.
5. Contact Customer Support:
   • Reach out to the seller’s customer support or tech support, if available, to evaluate their responsiveness and helpfulness.
6. Compare Prices and Product Details:
   • Compare the price of the product you’re interested in with similar products from reputable sellers. If the price is significantly lower, it may be a scam or counterfeit product.
7. Payment Security:
   • Use secure payment methods offered by the online platform, such as credit cards or trusted payment gateways, to protect your financial information.
8. Trust Your Instincts:
   • If something about the seller or the deal doesn’t feel right, it’s best to err on the side of caution and avoid the purchase.

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Why Online Cheaper than Physical Stores They are selling similar to this but is close to half the price. Able to advice on the difference? Wireless IP Camera

1. Lower Overhead Costs: Online retailers typically have lower overhead costs than brick-and-mortar stores.
   They don’t need to maintain physical storefronts, pay for as much square footage, or hire as many staff to manage in-store operations.
   This cost savings can be passed on to customers in the form of lower prices.
   These also post very high risk to Buyer that Laws won’t apply to them – example TV Box, Spy Detectors….
2. Wider Market Reach: Online sellers can reach a broader audience, including international customers, without the constraints of physical locations. This can result in higher sales volumes, allowing them to offer competitive prices.
   Beware of no physical stocks, only based on Photos and Reviews.
3. Reduced Inventory Costs: Online retailers can maintain smaller inventories because they can often source products on demand or have goods drop-shipped directly from suppliers. This reduces the costs associated with storing excess inventory.
   Online Vendors don’t carry stocks, very challenging when warranty service and replacement.
4. Competition: The online marketplace is highly competitive, which can drive down prices. Retailers often engage in price wars to attract customers, leading to discounts and lower prices.
   Online Platform usual use half price to lure Buyers, Scammer will guide Buyers to download their APP.
5. Direct Sales Model: Some online sellers, especially manufacturers or wholesalers, can sell directly to consumers, eliminating the need for intermediaries like distributors and retail stores. This direct-to-consumer model can result in cost savings.
   Warranty and Replacement is almost impossible, risk is 50 50.
6. Specialized Online Retailers: Some online stores specialize in certain types of products or categories, which allows them to develop expertise in those areas and negotiate better deals with suppliers. This specialization can lead to lower prices.
   Local Laws can’t apply if there’s any dispute.

Why Online Cheaper than Physical Stores They are selling similar to this but is close to half the price. Able to advice on the difference? Wireless IP Camera