Your Guide to Dealing with the Best Suppliers in Town
“Your Journey to Finding the Best Suppliers
- Your Guide to Dealing with the Best Suppliers in Town”
The information included in this article is for educational purposes only and is not meant to be a substitute for seeking the advice of a professional. We have made best efforts to ensure the information in this article is accurate. However, we make no warranties as to the accuracy or completeness of the contents herein and cannot be held responsible for any errors, omissions, or dated material.
This article contains methods and other advice that, regardless of our own results and experience, may not produce the same results (or any results) for you. The FINALWholesale.com makes absolutely no guarantee, expressed or implied, that by following the advice, or using the data below you can claim for exact or similar results, as there are several factors and variables that come into play regarding any given situation.
By reading this article, you assume all risks associated with using the advice, data and suggestions given below, with a full understanding that you, solely, are responsible for anything that may occur as a result of putting this information into action in any way, and regardless of your interpretation of the advice.
- Busting the Myth Associated with Suppliers
- Looking out for the Right Supplier - Discovering the Ideal Places to Find Them
- Identifying the Bad Supplier - 5 Characteristics a Supplier is not Good
- Learning About Suppliers and How They Work - Learning About Your Options
- Best Tips for Dealing with the Right Suppliers and Finding Yourself a Superb Deal
- How to Figure Out If You Actually Found a Great Deal
- Ways to Successfully Deal and Trade with Chinese Suppliers
- How to Find Best Chinese Suppliers for Successful Trading
- Taking Safe Steps - Questions to Ask Your Suppliers to Keep Yourself on the Safe Side
Looking for the right suppliers without any help isn’t a wise decision – especially if you don’t know how to decide if they are any good. But since you are reading this article, you are definitely following the right direction!
Here we include all the details you need in order to deal with the right suppliers and finding the best deals. Understanding the types of work culture for different suppliers is critical for making the right decision for the interest of your business. This article will guide you step by step on the expectations you should keep from different suppliers and relevant tips, tricks, and ideas that you can use to deal with them successfully.
This article will also help you learn the tactics on how you can pick out a good supplier from the bad ones and also work to find yourself a great deal by determining the real wholesale price for a specific item. Last but not the least, the guide will also highlight information on dealing with the right Asian and Chinese suppliers without becoming a victim to fraudulent supplier activities. The last chapter of this article includes questions that you should list down to ask the suppliers you are considering before a purchase could be made.
Ready to get started? Let’s go!
Here are some common myths that you have been listening to all your life. It is time to bust them and benefit your business by learning the facts about suppliers. Read on!
Myth 1 – It is easier to find designer clothing from Chinese suppliers
While it is true that some of the designer clothing is available in China, but finding fake ones is easier. Not only designer clothing but even other designer items should only be purchased if available with authenticity documents to prove they are not fake. In case a supplier fails to provide authenticity documents at purchase of a designer item, it should be classed as fake.
It is important to remember that authenticity documents are crucial. Even if the product is manufactured by the same company that manufactures the authentic items, it will still be classified as fake if documentations are not provided.
Myth 2 – Wholesalers put up their best prices on display on their websites and anybody can see them
This is not true. Majority of the authentic wholesalers will ask you to sign up and/or create an account to access their price list in detail.
Myth 3 – The best way to earn money using eBay is Dropshipping
This is one of the most common myths people think as fact for years. In reality, dropshipping is actually a less profitable method for money making on eBay as compared to others. This is because there is additional cost of supply involved in this method, which reduces the profits. Moreover, this option gives fewer chances to make more money since the prices on eBay are already set at wholesale or even less than that.
Myth 4 – Suppliers are enjoying bigger margins and it is possible for them to reduce their prices
Dramatic reduction in prices can be a bigger challenge for wholesalers since they are already operating on very tight margins. The money they make is based on sales according to volume. Wise customers are often in a state of finding better deals for themselves because purchases are made in volume over a period of time. However, for newer buyers who usually make purchases in smaller quantities and does not prove to be profitable enough to enable the wholesaler offering dramatic reduction in prices.
Have you been following these myths as facts too? Don’t worry because you are not alone. These revelations are indeed shocking for many. But now that you are aware, make sure you don’t make the mistakes you have been making in the past.
Not able to find the suppliers? May be you are looking all the wrong places. With information shared in this chapter, you can now use five different and successful methods to find the right suppliers. Read on!
- Wholesale Directories: Authentic wholesale directories like FINALWholeSale.com are the right platforms to look for such opportunities. This is where you can smoothly find great suppliers for your business. However, it is important to keep in mind that not all directories will offer you an easy and safe way. All directories are created differently and offer different experiences. Instead of giving links to the useless ones, find the deals that will actually work for you. Check out the FINAL Wholesale platform to find wholesale offers and leads from suppliers that are reliable and verified. Deal using well-regarded wholesale directories only!
- The Most Powerful Search Engine – Google: You can find tens of thousands of websites through Google. But that does not necessarily mean it is the most efficient way of finding the right and most suitable supplier for your business. It is also not important for the best suppliers to appear on the top or even the first few pages on the search engine results. This is mainly because authentic wholesalers do not feel the need to improve their online presence or tweak their algorithm to appear on the first page to find more business. It takes research, time, effort and your intelligence to find a good deal. But don’t forget to use Google for this purpose. You might get lucky in your first search!
- Forums: Don’t wait for people to share with you the contact details of the best suppliers they have dealt with, but you can surely look for valid recommendations. A forum is one such platform where you can find these recommendations to make it easier for you. Ask for recommendations and people might reach you on private messages. In addition to getting information about who the best guys in the business are, you can likely find information on the suppliers you should avoid completely.
- Trade Shows: Ever got a chance to meet professional suppliers face to face? Trade shows give you that opportunity. Attend trade shows and increase your likelihood of finding great local suppliers for your business. This also works wonders if you are looking forward to developing a long term relationship with the suppliers. Personal interaction can make it easier than you think.
You can also check out what’s trending in your locality by using the professional services of FINAL Wholesale. Check out our directory for more information.
- B2B Websites: Portals following the Business to Business trend are also great platforms to find great information on wholesalers and manufacturers operating both locally and on international level.
Need authentic supplier information? Don’t hesitate in checking out FINAL Wholesale and learn about all your options when it comes to dealing with the right person for the benefit of your business.
Unfortunately, the internet is both helpful and dangerous when it comes to hunting the best supplier for your business. While it can help you come across amazing opportunities, it is also loaded with suppliers who can be rather dangerous for your business.
If you are checking out all your options and even looking for suppliers other than those available on FINAL Wholesale, it is important that you know how to differentiate between the good supplier and the bad suppliers. This could be a little tricky if you are not aware of the characteristics associated with the wrong person.
Here you will learn about the 5 prominent signs you should dodge away from the wrong supplier. Keep reading.
1. Contact Details of the Supplier: Judge on the basis of how clear and detailed the contact information is. Check out the website and see if there is a proper email address, physical address, and landline phone number. Even the email address should appear authentic. If you believe the details are real, continue with this supplier. If the only number given is a cell phone contact and the physical address or email address seem fishy, leave immediately.
2. History of Website: Use sources to look for websites that are registered and history related to that. You can also check out the duration of its operation to check out the functionality of the website. Suppliers who are genuine have usually registered their websites for longer than a year and there are a few years remaining to their expiry too. This is mainly because if they have a website that is working for them, they are surely going to cash it by holding onto it.
However, this still does not give you full proof or guarantee you that whether the supplier is genuine or not. But when you consider this factor along with the other tips covered here, it is surely going to give you a better idea and a clearer picture to base your judgements on.
3. Payment: The payment methods used by genuine suppliers are often multiple and securer. Again, you need to get into the details to judge better. For instance, a supplier may claim to offer various methods of secure payments like PayPal, credit cards, etc, but in real offers only western union or wire transfers. This is where you should become sceptical about dealing with such suppliers. No, it does not mean that all the suppliers asking for wire transfers or western union money transfers are fake and scammers, but it is one of the most used methods for scammers to operate and use your money. Thus, it is always better to be careful than sorry. So check out if you are asked for money using these methods. If all the other factors fall in favor of the supplier, you can go ahead with the deal but place a smaller order to minimize risk.
4. The Supplier Does Not Require Your Sales Tax ID or Business License: Just like you are doubtful and scared about working with the wrong supplier, the genuine suppliers too want to avoid dealing with the wrong customer for a smooth dealing. Keeping this in mind, the authentic suppliers will either ask for your sales tax ID or business license as a legal requirement. This is especially true for wholesalers who are based in Canada or USA. This is another way to judge the suppliers you are dealing with. As far as fulfilling this legal requirement is concerned, you may not find it necessary to have either of this for the process of wholesales. However, getting a sales tax ID and getting your business registered is the best way to ensure working with better and bigger wholesalers.
5. Unauthentic Wholesalers Will Steal Content for Their Website: Scammers won’t bother wasting their time or money to generate unique content for their website. Just like their online presence, the content available on their website is also often stolen. These include both written and graphic content. Some of these scammers may even use fake security logos and Verisign. If you want to make sure about a website, there’s no harm in confirming the originality of the content available on the website. Just copy and type the content from About Us page to Google and let the search results confirm you. If you find more than one match for the content, the website is more likely to be a scammer. On the other hand, there is a possibility that the website you are seeing has the original content and other websites may have stolen their content. At this point, you can contact the companies and inform them about matches and see the actions they take. If you are dealing with the right people, they are surely going to take an action against the scammers and will help you identify the real people to deal with.
Each option has its own pros and cons and none of these really guarantee you the authenticity of a supplier. However, when you consider all these options and scrutinize the authenticity keeping all of these factors in your mind, you are surely going to reach a conclusion.
To avoid all this hassle, you can even directly work with authentic suppliers available at FINALWholesale.com.
It’s time to learn about your options. There are different types of suppliers, all working in different ways. Find out which option is the most viable for you by comparing them.
In simple definition, a manufacturer is the direct producer of items. The manufacturer owns the factory or company where the item is produced. No third party is involved here and if you deal with them, you are directly dealing with people who have produced the product.
The main focus for a manufacturer is the business where the product is developed. They are not really interested in making direct sales to a retailer, unless it is based on quantities that would justify the time away from their basic activities revolving around the business (such as >10,000 units).
Manufacturers will often only make direct sales to businesses that are registered.
This option is best for: Established sellers and large eBay sellers who possess expertise and several years of experience operating in the current market.
Disadvantages: Detailed check on quality and involves a large upfront investment.
As the name suggest, a wholesaler purchases items in bulk directly from the manufacturer. They often represent registered businesses and can directly deal with manufacturers. Next, they resell those products in smaller quantities to retailers.
To be a successful wholesaler and to stand out in the market, it takes years for wholesalers to build strong retail contacts. This helps them identify their direct market and also helps them in distributing goods after keeping a good profit share for themselves.
Since wholesalers only purchase in bulk (large quantities) from the manufacturer, they are dealing in a volume-based business. They have a minimum order set for purchase with the manufacturer they are dealing with. Unfortunately, it isn’t always a profitable case for wholesalers to deal this way since they are involved in multiple processes as a middle person before the orders can be divided into small quantities for several retailers. This reduces their profit margin by increasing their expenses drastically.
When you are dealing with a wholesaler, you are often required to have an account registered before you can see the best prices they can offer you. More often than not, this process helps you to reach out to an accounts manager directly who will help you with your first transaction, as well as any future ones. Using this connection in your best interest will also help you find amazing discount opportunities. So, focus on building a good relationship with the account manager.
This option is best if: You are medium to large sized business. Your capability to purchase in bulk and establish a long-term relationship with your wholesaler will come in handy.
Disadvantages: This option comes with the risk of storing the stock and having it in hand. This can create trouble for you if you are not able to shift it.
Light Bulk Wholesalers
The features of a bulk wholesaler are similar to that of a regular wholesaler with just one exception. A light bulk wholesaler deals in smaller quantities instead of actual bulk. They are also willing to accept minimum order as small as 5 units only. Some of these wholesalers may not even set a minimum quantity for orders.
This option is best for: Newly set up businesses operating online using their websites or businesses with niche markets. Prices, as compared to regular wholesalers, are usually higher and may not be as profitable when selling on eBay.
Disadvantages: A Light bulk wholesaler may not be a wholesaler but a middleman posing as one. The aim of such individuals is to target eBay sellers and new businesses.
Another disadvantage of dealing with a light bulk wholesaler is that they usually operate online and in order to appear competitive, you need to prove a huge power play.
A drop shipper is also a wholesaler who offers the service of order fulfilment. As we have already discussed earlier, in a regular wholesaler-retailer transaction, the wholesaler will offer the products for purchase in bulk and the retailer will purchase to store all the products until they are sold.
However, a drop shipper has a slightly different role here. They will allow you to check out their stock and start selling it without purchasing in bulk from the wholesaler.
It requires payments to be made to the drop shipper only when you are able to sell the merchandise. Payment is in wholesale price and you get to keep the profit you earn. A drop shipper is also responsible for handling posting and packaging of the merchandise out to the buyer.
All in all, you are not directly involved in the process from the beginning until the product is sold and do not even see or handle it. The drop shipper is responsible for keeping the inventory as well as for handling it until you sell it to your buyer. All of this is done in return for a fee of $2 - $5 per shipment.
Things to Note:
- Working with a drop shipper is different because you don’t have to purchase the merchandise before selling it. However, you can view the inventory and see what you want to sell.
- Not all drop shippers will offer their services for free. Some might charge membership fee or account fee. This is actually their way of making profit. It is wrong to consider this cost illegitimate because setting up your account may require quite a bit money. If this does not sound like an ideal situation for you, look for drop shippers that do not require membership fees.
This option is best for: New businesses that can really use it up to kickstart their business. With little capital, this is definitely an ideal deal since it does not require purchasing of the merchandize before it is sold. Moreover, this one’s also a great deal for established businesses who wish to offer bigger inventory to their customers. In short, the biggest advantage of working with drop shippers is little money requirement and low risk for businesses to get started.
Disadvantages: Since the merchandize is not in your own hands, you have to rely on the drop shipper for the product completely. This could also lead to backorders –a situation where you have sold a particular item but the drop shipper does not have it in the inventory anymore. In such cases, your company would be the one dealing with the negative reputation since you are the person the customers are dealing with. The customer may ask for a refund or choose to wait until the item is restocked.
Another related disadvantage of dealing with a drop shipper is poor service. You have to completely rely on the drop shipper. If the drop shipper fails to do a good job as far as inventory, packaging, or shipping is concerned, it could lead to negative feedback and customer complaints against your business. Just because you are not directly involved with what is happening at the other hand, you can never be sure about the drop shipper’s performance.
This works in a totally different way. Liquidators are people who purchase stock excessively, including stock that is damaged, broken, outmoded, or unreasonable from stores for cheaper prices. Liquidators then divide these items into smaller, similar groups and resell them for a profit.
People find it an opportunity to get their hands on high-end brands and designer clothing for a cheaper price. However, these items are often damaged and/or faulty and that justifies the lower price.
Points to Remember:
- Liquidation consists of new, customer returns, overstock, and damaged merchandize.
- It is easier to find old and out-of-season items in merchandize available through liquidation. Some new sellers do not realize that such products are demanded all year round and there’s a separate market for this.
- Liquidation palettes contain small, filler items too. The main purpose behind adding these items is to stop the other, bigger items from moving and getting damaged.
- Liquidation is considered the most unique supply method because this is the only method where you get to deal with both new and old items. It requires both time and experience to learn how to benefit and make money using this method.
This option is best for: eBay sellers! This enables them to offer a great variety of products – including designer items and big brands – at amazing prices, all without having to let go of good margins for profits.
Disadvantages: Since the liquidation palettes are in mixed conditions, this could be both risky and a matter of luck as to what mix you will get. Generally, around 15 percent of the content is expected to be damaged. In case you are dealing with an unreliable liquidator, the percentage could be even higher. The best way to deal with such situations is to make sure the palettes are inspected before stating your bid.
With a number of liquidators, the percentage of damaged goods in most palettes could be as high as between 45 and 60 percent. Other than that, more than 50 percent of items are in a condition not ideal for resale. Inspecting the items personally will help you manage this problem. Don’t forget checking the inventory list thoroughly!
If you work with liquidators at FINAL Wholesale, you can minimize the risk of damaged content in the palette to a great extent. Deal with liquidators who are more reliable for your work.
Sometimes, you may find a good supplier, but the way you deal with that supplier may keep you from finding a profitable deal. Here, you will learn some amazing and effective tips that will help you find superb deals with reliable suppliers. Keep reading.
- Have patience: Wholesalers keep a very secretive approach when it comes to revealing their prices. Remember, their prices are not for everyone who asks for it. Just like you are looking for a reliable supplier, the suppliers are looking for reliable customers too. This is where you have to be patient and prove that you are a real customer. Register yourself as a business to prove your worth as a customer. This will help your suppliers recognize you. Also, don’t forget to work and establish your relationship with your suppliers over time by putting in orders and continuing with transactions.
- Register Yourself: One of the best and easiest ways to stand out as an authentic customer is to register yourself with them. If you run a business, do it using your business name to prove your worth as a customer. Most of the times, people also judge authentic suppliers with this factor. They believe that suppliers who ask you to open an account with them show their authenticity. Once that procedure is complete, a sales representative will be assigned to you for handling all your future orders.
- Ask for Discounts: Once you work on establishing your relationship with the supplier, it is easy to ask for discounts. Doing so for your first transaction might be a fail. However, once the supplier or the sales representative you are dealing with starts to trust you and consider you as a long-term customer, they can give you some discounts to retain you. The discount percentage will likely improve to some degree with every transaction you make with them.
- Never Agree to Pay a Fee: As mentioned earlier in the article, wholesalers asking for a fee just to show their prices for the merchandize are often considered either fraud or the middle person trying to make a profit through this fees. Whenever the wholesaler tries to ask for a fee for showing the prices, say no. Working with an authentic wholesaler using reliable websites is the best way to avoid such situations.
- Check Liquidation Palettes Thoroughly: If you’re purchasing through a liquidator, it is best if you check out the inventory in person to ensure you are investing in the right deal. In case it is not possible for you to check out the inventory due to distance, ask the liquidator to show you the entire inventory as well as list down the items included in the palette along with their condition.
- Be Extra Careful Dealing with a Drop Shipper for Inventory: To avoid the backorder problem, it is important that you constantly keep in touch with the drop shipper for an update about the supply levels and inventory. Another great way to ensure you are dealing with a reliable person is by placing test orders every now and then. This will help you check up on the packaging and posting services of the supplier.
Dealing with an authentic supplier can offer you a smooth experience. Find a relevant supplier at FINAL Wholesale and work with the most reliable suppliers from around the world. Also, using these tips mentioned above will help you improve your work relationship with the right supplier and have a smooth transaction.
Not everyone’s lucky or smart enough to finalize a great deal that saves them a lot of money. In fact, a lot of people are confused using the services of a wholesaler mainly because when they compare the prices of the wholesaler with sellers on eBay, they find to their horror that the prices are only slightly different from each other and sometimes, the price of the wholesale is somewhat higher.
But how is that even possible when I am working with a wholesaler, you ask?
There could be two possibilities here that you should be aware of.
- First and foremost, there is a possibility that the wholesaler you are working with is not a wholesaler but the middleman making direct profits from you. This is when you get prices only slightly below the retail price.
- Second and more commonly, there is a possibility that the retail prices you are comparing with on the eBay are actually set below the wholesale price. This is becoming more of a common scenario these days.
And yes, this is true. Some eBay sellers are actually setting prices below the wholesale price. But they are not really working at a loss. What’s actually happening here is that the sellers are purchasing truck loads of liquidation goodies at cheaper prices and then listing hundreds of those items on eBay.
They are willing to set lower prices because they are selling hundreds of items at a time and only intending to make a few dollars of profit on each item. As a result, they end up making bigger profits when all of that is accumulated. In short, eBay is of extremely competitive nature and you should be very careful when comparing prices.
What’s challenging for you here is to figure out which of these two scenarios you have been experiencing. It can actually be tricky for you to determine which of the two prices the item is available for is the real wholesale price. You can find it hard to determine whether the slightly higher price you are looking at is because there’s an involvement of a middle man or the low price is because the seller is offering merchandize from liquidation.
Unfortunately, it isn’t easy to find this out or answer it quickly. However, by gaining knowledge about the market and the pricing structure that is trending, you can actually come to a conclusion. Also, don’t forget asking a lot of questions wherever you get stuck.
The following are some important tips you can use to determine whether you have actually found a good deal or not. Check these out below:
- Find out the lowest selling price for an item on the internet. You can do the comparison by checking out the prices on places like Google Shopping. There are a number of other tools, which can help you compare the prices so make sure you don’t forget to use them. This will help you check out the list of retail prices available on the internet as well as help you determine the ‘real wholesale price’ of a particular product. A lot of companies actually try to retain their market by selling products at prices close to the wholesale price. This also helps them get leads and drive more traffic to their websites. Some companies are smarter as they offer certain products at a lower or wholesale price but they market in a way that pushes the customers to buy the other, expensive products as well. Therefore, it is very important to keep a check on the prices as much as possible to stay updated.
- As far as electronic items on wholesale are concerned, the prices will not be too different from the retail price. This is the best way to determine which one’s the right wholesale price.
- On the other hand, wholesale prices for normal store inventory as well as clothing are sometimes less than half the retail price. The profit margin on such products is often very high.
Keeping these small yet useful tips in mind will help you determine the prices and ensure you are investing in the right deal.
Dealing with suppliers from China will be a totally different experience for you when you are new in the market. It could be rather confusing when you place orders from china. While it is true that majority of the authentic and high quality products are made in China these days, but it is very important that you are careful in dealing with the Chinese suppliers to save yourself from both good quality and bad quality replicas and fakes.
Sometimes, it can be very difficult to tell the difference. This is especially very important if you are purchasing an authentic item. You may be charged very high for the real product, but shipped the replicas or fake products instead.
Keep a close eye out for rip-offs. Another way to avoid such problems is by dealing with reliable suppliers from China. Look for them on website that include only validated suppliers, such as FINALWholesale.com.
Some of the best and most popular ways to find reliable Chinese suppliers who offer great deals is to find them using the supplier directories. Websites such as FINAL Wholesale, SaleHoo, TradeKey and Alibaba are some popular names that could help you with your search.
- FINAL Wholesale is a sourcing platform where buyers and sellers get connected, find trade opportunities, and promote their businesses globally. It is one of the most reliable platforms to find authentic suppliers from all over the world, including China.
- SaleHoo is another platform with a big number of Asian and Chinese suppliers. This platform also offers reliable suppliers along with safe and authenticated payment methods.
- Alibaba is dedicated mainly to the Chinese suppliers. You will find suppliers on this platform that are not even available on others. However, not all of them are trustworthy and authentic. Therefore, it is important that you judge them for their competency before working with them.
- Tradekey is another platform promoting business to business methods for suppliers based in Asia. However, just like Alibaba, even this platform does not offer policies or methods that protect their users from unauthentic and fraud suppliers. Therefore, it is very important to be very cautious when using this website.
It is ideal to stick to the authentic websites that offers you protection as well as guarantee working with safe, reliable suppliers. So use this list to find great deals working with Chinese suppliers.
Once you have shortlisted the Asian or Chinese suppliers you want to deal with, you might ask a few questions to guarantee authentication. To make sure your purchase is going to be safe, asking the following questions might help:
1. Do you provide this item along with the authenticity certification?
All branded items come with an authentication certificate. If you are spending money on a genuine brand or designer item, it is important that you ask the supplier for the certificate. If he or she fails to provide you one, do not proceed with the transaction.
2. Do you offer warranty certificates with the products?
For designer and branded items, it is always important that you ask for a warranty certificate. This is also applicable on electronic items. In case the deal does not include warranty certificate, stay away!
3. Do you provide original box with the product?
Depending on the type of product you are ordering, you must ask for the original box as well that comes within the price you are paying. If the supplier is not giving you the product in the original box, it could be fake. So be careful!
4. Is the item available in stock?
The question should not end there. You must inquire the supplier about how many of those products are in stock at that time. The reason behind asking this question is: (a) first, to ensure supplier has the item you are looking for available in the current stock, (b) second, you need a few of those items to have it available in your stock. This is especially important for drop shipping cases. Some suppliers will just send out an old item available in their stock to your customer if they are out of stock. This is horrifying but can be true. So make sure you ask that question before proceeding.
5. What are the payment methods you offer and are they safe?
Credit card and PayPal are the safest options when working with suppliers you are not sure about. This way, you can always process a chargeback if you are not satisfied with the products or transaction. On the other hand, wire transfer and Western Union are insecure payment methods. Even if the worst happens, there is no way you can claim your money back through these methods.
Even though you might find some genuine suppliers using these insecure payment methods too, be very cautious when relying on such suppliers.
In case you have to go ahead with the procedure with a supplier you are not totally sure about, find out as much as you can about the company through reviews and other methods mentioned in this article. Also, try and make your first order using a safer method to be on the safe side. On the other hand, if you are dealing with a supplier not offering the safer payment methods, keep your order small while paying through the insecure method.
So, the supplier you shortlisted has passed all the tests you have put him/her through? What should your next step be?
Start with a smaller order anyway. Ordering the minimum quantity will minimize the risk. In case anything goes wrong, you can always report it and learn your lesson without risking a lot of money. If all goes well, then congratulations, you have found yourself a good supplier and a great deal too!
Use the methods, tips, and tricks mentioned in this article to process cautiously and work on building better, long-term relationships with suppliers you find authentic. Last but not the least, check out FINAL Wholesale.com and go through the list of validated, authentic suppliers you can start working with right away!