The idea that one can go through life without conflict or issues arising is unrealistic. With the number of businesses that spring up daily, it would be wrong if you did not ask certain questions. Questions such as those which make up this Tophatter review you are about to read.
Tophatter as a platform gives you the opportunity to do things you didn’t think you could do. Some might dream of a frictionless ride through the world as the ideal journey, but without some form of pushback, growth is impossible.
Realistically speaking, as a person seeking to make money, sometimes the door is not always open. It could also at times be ajar or the key could be on the floor.
Sir Richard Branson says “business opportunities are like buses, there’s always another one coming.” So, whatever be the outcome of this Tophatter review, whether it be a legitimate enterprise or a scam, one thing is sure – it was good you searched.
This article discusses Tophatter, what it does, how it works, and what you can do on it and the Tophatter app.
Many great people have had to face similar things. Theirs felt simple but daunting and so does yours. You are faced with a choice between doing what you think is right and what is supported by facts.
The hard part is knowing whether you’re acting out of conviction for your ideals or if you’re just being deluded by ego. This brings me to why reviews are important. Reviews help to balance the scales of what could be a social dilemma, as is likely to be happening in Tophatter, as you would soon come to realize.
Take this social dilemma for example – It is called hand clapping at a concert. What is the cost of one less person clapping or one more person clapping?
Hand clapping at a rally or concert provides a simple example that clearly illustrates this. The question to be answered is whether the person on the stage can tell whether one individual claps or not. It seems apparent that they could not but this could be easily confirmed by experiment for those who doubt.
If I conclude that my clapping cannot be heard, then why do I clap? Why do people write webpage or app reviews? Most don’t and that is what makes reviews good because of the hope that it will somehow make it to them
What is Tophatter?
Tophatter is an auction site to sell clothing, purses, shoes, housewares, beauty products, electronics, furniture, jewelry, crafts, and tools. It is a virtual auction house. It also happens to be one of the world’s most entertaining live marketplace.
Tophatter, a company based in Palo Alto, CA, conducts live online auction every day where buyers and sellers can interact, chat, and transact in things. Tophatter runs a free bid auction that is hosted by sellers not Tophatters and one where you do not need to pay any money to have yourself hundreds of high-paced closing auctions.
Many assume that Tophatter is a penny auction. It is not a penny auction, as bids are free. Tophatter is unique from other online bidding websites in a couple of ways:
The volume is hard to quantify due to the number of products that are exchanged on a daily basis. Auction volume is huge and the least is in the hundreds. Auctions include items like jewelry, watches, home goods, clothes, gift cards, laptops, purses, cameras.
Unlike the other websites where sellers pay to exhibit their goods and buyers pay to bid, Tophatters does not charge you to bid. You only pay when you win the auction and an added shipping fee.
As a bidder, Tophatter does not charge any fees. However, when you win an auction, the seller will charge a shipping fee which in some cases can be more than the price of the item. Just keep an eye on it before bidding.
Items auctioned on Top Hatter are done so by other vendors. So there are basically thousands of vendors auctioning products at all times. Similar to eBay, but much more fun and fast-paced.
This Tophatter review explains why and how these three things create part of the problems with this website.
How does Tophatter work?
Just as has been mentioned, the website has three things to it – sellers, style, and auction volume. These three influence how well this wheel operates. So you go on the Topchatter app and website and you see a long range of short auctions that you can bid for after registering an account.
The thing about the website is that you need speed and good bargaining power to be able to use it well. Auctions are shown upon entry and last 90 seconds, after which new sets are displayed. This means that your speed is as important as the chase.
This is because while your interest lies in a certain item, you can bid early and still be outbidden by those with more purchasing power. This in extension also means that you will have to bid more if you want to stand the chance of winning.
The website not only allows you to bid on live platforms, it also allows you to set reminders for upcoming bids that you are interested in.
What to note about the Tophatter auction
You need to note that most of the items on auction aren’t a brand name, so you will want to read up on the specs and descriptions before you bid, but since the auctions only last for 90 seconds, this is quite difficult to do.
To avoid the stress of getting things that you may end up not liking, it’s best to prepare for bids ahead of time and read up all you need to know about the products.
Another thing you need to take note of is that you may run into issues if you win many bids without paying for anyone. If you happen to find yourself in a situation where there were multiple bids for a single product and you can’t seem to find your own number, it is advised that you bid again within the shortest possible time frame.
Tophatter shopping is simply the process of waiting for items that you have an interest in, bidding for it, and paying for it. Sometimes, the time it takes for the items you paid for to get to you takes time, sometimes one week or more. There are numerous stories of what happens to both buyers and sellers after money exchanges hands.
How does Tophatter make money?
The bulk of the money Tophatter makes is through commissions. It used to be a 10% fee on profit, but now to have your products listed in any of their auctions, you pay a scheduling fee. This amount is taken whether your product sells or not.
If you want to have the items auctioned again, you have to pay the scheduling fees for it. This is why certain items are very expensive on the platform as most buyers try to cover up for any losses they may accrue due to their inability to make sales.
It is either that or you find yourself owing Tophatter money.
Is Tophatter a legitimate website?
Tophatter is a legitimate website with lots of issues. There are numerous complaints about the way the company has “ripped” sellers of their money. It is an experience. One that gets more real the more you dip in.
On the platform, you get to bid on all kinds of items – fakes of everything and originals as well. You would be surprised by what you get when the items you won while bidding arrive. If you are lucky, as most people are, you get a fair deal. If you are not, you get something woefully disappointing.
While Tophatter is a legitimate system, it is one that is open to abuse. This abuse goes both ways. The sellers and buyers abuse the system. The sellers abuse the system by buying items at incredibly cheap prices and reselling them at auction for very exorbitant prices. The prices are enough to ideally stop people from buying. Sellers also abuse the system by offering fake products as real ones to unsuspecting people.
Buyers abuse the system by refusing to pay and returning items summarily to Tophatter and seeking refunds. Sometimes, when this kind of thing happens, the seller is plunged deeper into debt. This kind of debt is the type that some sellers are unable to break themselves free from.
As with many other sites that offer services like this, the site has its failings. Failings that right now threaten to delegitimize the website and its attendant app’s operations.
The complaints of customers regarding how they and their items were treated delivered or not received at all is evidence of the fact that the system is a failing one. The system failure that has been successfully managed in-house has now seeped into the outside space and is wreaking havoc on the brand.
Whatever you finally think about whether Tophatter is a scam or legit, the fact remains that the website is now is a haven for criminals, insincere sellers and buyers.
Tophatter has the option of rebranding itself by flushing away certain practices that have appeared massively uncurbed over the last couple of years.
The system that is open to abuse, prevented from being more so, and cracks repaired and reintroduced. Tophatter has lost credibility to many people, and they will not recapture all the brand-blood that is being let if things continue as they are.
You should not read this Tophatter review and still remain unaware of what is going on.