03.16.21 Fake Amazon reviews are a plague - reading past the con. / Auto price sticker shock -2 sectors where deals can be found.
The Clark Howard Podcast
Clark Howard
4.6 • 5.2K Ratings
🗓️ 16 March 2021
⏱️ 28 minutes
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| 0:00.0 | I'm so glad you've joined us on today's podcast, which is all about empowering you with |
| 0:11.7 | knowledge so you can take control of your own wallet, your own future. |
| 0:18.0 | Coming up today, I want to talk about fake reviews and how they're used to cheat us |
| 0:28.0 | and what you need to look out for so that you make better buying decisions. |
| 0:33.9 | And coming ahead, it's been really, really hard for months to find a decent deal on a new |
| 0:42.0 | or used vehicle. |
| 0:44.4 | I'm going to tell you there's a corner of the vehicle market that might actually provide |
| 0:49.8 | you a decent deal in Alphillian. |
| 0:55.0 | So fake reviews are a plague. |
| 1:00.7 | In terms of Amazon, we're getting close to half of all reviews on Amazon being faked. |
| 1:09.4 | Biggest problem with online reviews anywhere is apparently with Amazon because Amazon |
| 1:16.8 | has an unusual selling system. |
| 1:20.2 | There's a small number of items on Amazon.com that Amazon actually stocks and sells as their |
| 1:29.6 | own. |
| 1:31.7 | Everything else on Amazon.com is under what they call internally their marketplace. |
| 1:37.9 | It's where third party sellers pay Amazon a commission for every item that sold on their |
| 1:45.5 | platform. |
| 1:47.4 | And even more, if you want as a seller, you can have Amazon do all fulfillment for you. |
| 1:54.8 | So the items are stored in Amazon warehouses delivered by Amazon employees. |
| 2:01.8 | And so Amazon for the most part is a fulfillment house of other sellers goods rather than |
| 2:11.8 | their own. |
| 2:13.6 | So these sellers of which there, I think there's maybe more than a million worldwide, third |
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