fantastic wholesale sources can be found online, there are also a huge
number of sites developed specifically to scam sellers looking for a
So how do you tell
whether you are dealing with a real wholesale supplier?
First of all:
- A supplier may be
selling fakes of big name brands but this doesn’t necessarily mean he
is out to scam you. There are many suppliers in China and other
countries selling fakes, but as long as you realize what you are
buying, that is not a problem in itself.
- The supplier may say
they can only accept Western union and wire transfers as payment. These
are insecure payment methods, but for Chinese suppliers, these are
often the only two options available as credit cards (and therefore
Paypal) are almost impossible to get. You should always take the
precaution of ordering only a small amount when dealing with a supplier
who only takes Western Union and wire transfer for the first time, but
many legitimate manufacturers and wholesalers use these methods out of
necessity rather than because they are illegitimate.
The Warning Signs
should start ringing if you come across any of the following:
- Fake address – either
it doesn’t exist or it exists in a poor or residential area.
No contact details listed on the website
- When you call, the
telephone is answered by an individual who does not identify himself on
picking up the phone.
- You are not asked for
a business or tax number
- The company suddenly
stop replying to your emails
- Parts of the text or
images on their site are copies from other websites.
- When you place an
order, the company claims they do not have any stock, but want to
receive the money before ordering any in.
- Your contact becomes
shifty when you ask for a product sample
Steps to Protecting Yourself
To find out
whether you are dealing with a scammer, try these tips:
- Copy and paste some
text into Google. If it is copied from another site, you’ll soon
discover it in the search results.
- Check that the
website gives a full business name and a registration number.
Ring them to verify the phone number given is good, but don’t accept a
mobile phone number as enough, all companies should have a land line
- As for a photograph
of the stock with the company logo in the background.
Go to www.coolwhois.com
and search for the name of the website. A legitimate company will have
been operating for over a year (at least!) and their expiration date
will be for several years time. Most legitimate companies reserve their
domain names for 3-5 years or more at a time.
- Use secure payment
methods such as Escrow, Cod and Paypal Verified whenever possible.
- Ask other sellers
what their experiences have been with the company on forums.
About the Author:
SaleHoo is one of the fastest growing wholesale directory websites on
the internet. It contains a database of drop ship, wholesale and
closeout suppliers offering thousands of products to consumers at
prices considerably less than retail. Located at http://www.salehoo.com,
are allowed to sign up for unlimited and lifetime access to the
completely searchable database of wholesale products and sources. The
database is regularly updated, ensuring that the latest retail products
are always available for purchase and SaleHoo carries the BBB
SaleHoo Today! http://www.salehoo.com