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March 11th, 2022
One of the ripple effects of the global pandemic that the world is slowly emerging from is a supply chain shortage.
What is a supply chain Shortage?
Put simply, a supply chain is all of the people, businesses, and supply routes needed to deliver the products that we all depend on. A supply chain shortage means there are not enough of these people, businesses, and supply routes to satisfy the demand that our society has for these products. This means that businesses have a hard time keeping the shelves stocked, which means there will be fewer products available. because there are fewer products, the price for the products that are on the shelves will be more expensive.
More Expensive Products and Scams?
Supply chain shortages are linked to inflation, which basically means that the price you pay for everyday items will increase. During the holidays, The higher prices and lack of products available will provide an opportunity for scammers to capitalize on consumers’ needs. When looking for the hottest products this year you might start with a big-box retailer like Walmart. Because of the supply chain shortage, they might be all sold out. This might lead you to look at smaller and smaller e-commerce brands to find the goods you’re looking for. If you don’t find them on the smaller platforms, you might go to individual resellers. The further you move away from the more common e-commerce platforms. As you move further away from the most common e-commerce brands, the more likely you are to run into scams.
How To Avoid Getting Scammed On Cyber Monday
When trying to avoid being scammed online, it’s important to make sure that you have all of the information you need to make the right decision. We at Social Catfish are here to help. When talking to someone online, just enter their name, phone number, or address to run a deep search on the hidden layers of the internet to find out if they are who they say they are.
Are you talking to someone in the real world? The search bar below can help with that too.
