subject: How To Avoid Getting Duped With Us Wholesale [print this page] The US wholesale market is fraught with risk and danger for those who do not understand the basic rules of business. It is very important to understand the working of wholesale market before you go ahead. There are all kinds of suppliers - genuine and fraud and a wholesale list will never tell you which is which. It is very important to read reviews about the wholesale firm or suppliers you are going to deal with. Another way to avoids getting duped with wholesalers are using your own common sense and staying alert. There are some tips and basic rules of engagement that newcomers should be familiar with before they start playing the market.
Eliminate Risk Against Financial Fraud
All frauds will begin and end with your sending money before you inspect or receive the products. The easiest want to avoid this kind of fraud is to either work with a Paypal third-party escrow system or ensure that you get have some kind of surety before you pay up. Never wire or transfer money against a promise. In remembering to do this, you will have insured yourself against the most common frauds.
Avoid Dropship Fraud
Many companies offer dropship services only to cheat you of your client list or send sub standard products to your customers. The fraud can take many creative forms but it usually involves loss of loyal customers and erosion of brand image. The only good way to avoid this to invest in research before taking on a dropship company and ensuring time to time checks as regards their service quality and intentions.
Continue To Invest In Industry Relationships
One good supplier does not make any business a great success. It is important to be on good terms with more than one supplier, your competitors, industry bodies and even the management of the forums that you use to sell your products.
by: Jane Dawson
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