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Ignore Scam and Identify Real Scams

By Brad Smith Subscribe to RSS | January 19th 2012 | Views:

With reports of scams coming in on a daily basis, it is hard to identify which of these reports are genuine and which are fabricated. Since the wholesaledeals website is a highly reputed one with excellent reliability, it is often recommended as the right resource for retailers to find trustworthy wholesalers. There is, thus, no doubt that all such reports about the website are scam-related fakes.

Fraudulent wholesale companies implement different con practices to lure inexperienced retailers. While some may offer ridiculously low rates and make up for it by charging exorbitantly high handling charges, others showcase branded products and eventually offer low-grade goods. The wholesaledeals website is among those reputed portals that expose such fraudulent practices. When a scammer suffers losses due to poor reviews in the website, they retaliate by putting up fake posts publicizing scam. For this reason, it is best to ignore these posts and continue to utilize the invaluable services offered by the website.

Fraudulent practices in the dropshipping business

You now know that there is no truth in those reports about scams. However, there are lots of other scams you must watch out for. Here are some of them:

• Offering low-grade merchandize: On their websites and brochures, fraudulent companies behind those reports on scam display top-grade, branded goods. However, the products that your customers receive will be of poor quality. This can lead to unhappy customers and a reduction in income. Since the products directly pass from wholesaler to customers, retailers will have no idea about the quality. It is however easy to avoid this situation if you take adequate precaution. Before actually accepting orders from customers, order a few sample products from the wholesale company so that you can evaluate its quality.

• Offering temptingly low rates: Wholesale companies are aware that most resellers approach several suppliers before finalizing one that offers the lowest rates. To attract business from new retailers, fraudulent companies offer their products at very low rates. Later, they charge high shipping fees and handling charges to compensate for the loss. Such fraudulent companies are often exposed on the wholesaledeals website. As a result they devise news of scam to cover up their wrongdoings. To avoid this type of scam, always request for a breakup of the total price of the products.

• Middlemen posing as suppliers: If you utilize any unreliable trade directories to locate suppliers, you are most likely to end up sourcing products from middlemen. Since middlemen are unable to offer the kind of competitive rates that genuine wholesalers offer, your profit margin will be low. Avoid this issue by trusting reputed trade directories for genuine suppliers.

Now that you have an idea of the kind of real scams you need to watch out for, you can overlook unnecessary worries about the fake reports on scam and initiate steps to avoid falling for such scams.

Brad Smith - About Author: scams are created by fraudulent wholesalers intent on tainting the reputation of the website. Ignore the reports on scam and learn to watch out for real scams.

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