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Esources.Co.Uk Scam-Here’s What You Must Know About It

By Brad Smith Subscribe to RSS | December 9th 2011 | Views:

Many people who were genuinely interested in working as online retailers by sourcing products from dropshippers backed off from the field after reading an overwhelming number of online posts on scam. Because these individuals were relatively new to the industry and thus unaware of the multiple benefits that a site like offers, they were easily fooled by those fake posts. So, here is a look at what the truth actually is.

Who Creates Scam Reports?

Fraudulent wholesale companies utilize many techniques to lure inexperienced retailers. Websites like the esources portal are dedicated to eliminating such scammers. As a result, the site honestly evaluates the business practices, products, and reputations of wholesalers and posts the findings on the website. And, those wholesale companies that receive poor ratings on the website will naturally not be pleased about it. They strike back by fabricating and publicizing fake reports on an scam.

Fraudulent companies operate in a number of ways. While some companies offer low-grade products instead of the promised high-quality ones, others quote extremely low rates and then include hidden charges to compensate for the slashed rates. So, here is a detailed look at those fraudulent schemes.

Low-Grade Merchandise

To attract business from new retailers, fraudulent wholesalers advertise high-grade, branded merchandise on their catalogs and websites. Resellers who trust these promises and associate with the wholesale company will eventually be disappointed to learn that the products being shipped to customers are of poor quality. Such inferior products can affect your business reputation and cause your customers to turn away. Very often, these are the kinds of wholesalers responsible for putting up those fake reports of an scam. You can easily avoid such scammers by ordering a few samples of the product and assessing the quality before forwarding them any orders from customers.

Unreasonable Charges

Before signing up with any company, retailers usually conduct thorough research about the rates offered by different wholesalers. Finally, retailers will choose the company that offers the best deals and the lowest rates. To attract these retailers, fraudulent wholesale companies quote extremely low prices. To compensate for the low rates, the company will later charge unreasonably high handling charges and shipping fees. The total expense will add up to a considerable amount and can be an unprofitable deal for the retailer in the long run.

If such practices are exposed on the esources website, the scammers immediately try to cover up the issue by diverting attention to so-called scams. Asking for a breakout of total costs will help understand how much you are being charged in each department.

Fake Wholesaler Lists

There are lots of unreliable trade directories out there offering details of agents and middlemen instead of wholesalers. Because middlemen are incapable of offering the low rates that true wholesalers do, partnering with middlemen can be extremely unprofitable for resellers. These middlemen also play roles in spreading news about an scam. Simply depending on reputed trade directories is the best way to avoid such issues.

So, as you see, scam reports have been created by fraudulent companies to distract your attention from truly reliable trade directories and review sites.

Brad Smith - About Author: scam reports are now abundantly found on the web. Remember that news on scams have been fabricated by fraudulent wholesale companies in an attempt to misguide new resellers.

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