Are you a retailer looking for lucrative opportunities to promote products through your online store? If yes, it is imperative to conduct thorough research before you finally venture into the online trading community. With the thousands of fraudulent companies out there looking for a chance to lure unsuspecting resellers, you cannot afford to take risks by letting down your guard.
Safeguarding your business from fraudsters
According to leading trade directories such as wholesaledeals, the people behind dropship scams continually modify their strategies so that resellers find it hard to keep up with these changes. However, these fraudsters do not often consider the popularity of the wholesaledeals website and how the reviews in it help resellers identify and avoid associating with fraudulent companies. For this reason, you must always depend on the most trustworthy online resources to determine the right wholesalers who will offer excellent products at discounted rates.
There are plenty of websites dedicated to reporting the fraudulent activities prevalent in the dropship industry. The websites report almost all kinds of dubious practices in the dropshipping arena so that resellers can be alert to similar plots. These online resources feature complaints posted by resellers who have experienced considerable losses and learnt their lessons the hard way. The articles detailing the experiences of resellers who have become victim to scammers will hopefully be invaluable to new resellers.
Here’s what you must do
If you are considering teaming up with a particular supplier, the first thing you must ideally do is to consult these dropship websites to know if any complaint has been filed against the company. You must extensively research the company and browse through what other retailers – preferably those who have worked with the company – have to say about the supplier. Very often, it happens that novice resellers fall prey to fraudulent companies. However, once they realize their folly, these retailers immediately post complaints to alert other traders.
Online trading experts warn against responding to unsolicited money-making opportunities offered by unknown or dubious sources. It will also be a good idea to avoid responding to spam mails. Since you will be doing business with suppliers whom you have never met face-to-face and may probably never meet, utilize all available resources to get all possible details about the company in question. If the pricing and other services offered by a wholesaler seem too good to be true, it is probably an ingenious trap.
Once you get caught in the trap laid by scammers, it would be almost impossible to recover your money. Avoid such a situation by ignoring dropshippers who seem suspicious in spite of their claims of good products and reliable services.
Without the aid of trade directories like wholesaledeals, you can easily walk into scams and end up losing your money and professional reputation as well. Avoid the risk by regularly visiting wholesaledeals and keeping abreast of the reviews posted in it. Even the best companies may get a couple of negative feedback. If the volume of negative feedback on a company is huge, do not give a second thought to it.
