hello on-site check has plus about twice as
much a whole lot more they even a
verification of documents that you they
that they have to be able to pull up and
show to someone who's interested in
vetting their company so those are the
three things you want to look out for I
recommend on site check gold suppliers
great assess supplier if you were really
afraid of taking risk go with an assess
supplier but good luck finding in there
really hard to find because it's hard to
get to that level and again i've never
used an assess supplier I've always used
gold supplier never had a single issue
but this is like a first line of defense
look at this is the first thing you need
to look out
or the second thing I recommend is
communication communication builds trust
communication is very important if you
are pretty good with reading people and
I know this is not it is not objective I
know it is in sight in using subjective
and incite feelings to figure out if you
can trust someone but it has served me
well I'm a pretty good reader of people
so when I communicate with them how
often they respond the way they respond
that helps to build trust if I'm
relationship with someone I usually can
tell if I'm being conned or not so I
would recommend you start communicating
right away there are two ways you can do
it actually it's more than two but two
primary ways one is through email
another one is through skype and a whole
lot of them you'd like to use the whats
app application never used it before
I've heard it's really good for texting
someone international skype is nice
because you can actually go back and
forth and chat and have a conversation
that's why i like skype the disadvantage
is you end up spending a little more
wasted time going back and forth where
an email forces people to reserve their
time better now keep in mind when you
communicate with these suppliers most of
them are in China I know there's a lot
of people feel like well if it's from
China it's cheap you know I really don't
care where it came from I care about the
quality of the product a lot of things
from China are actually amazing quality
if I can use an American supplier to
support my own country I absolutely will
but if this is how I have to get started
in order to get a low enough price to
make this work then I will go with a
Chinese supplier because they are 12 to
13 hours later earlier than we are here
if you want to skype with them you're
going to have to do it really early in
the morning or late at night there have
been nights where I've spent the entire
night communicating with suppliers to
get the deal that I want and it was
worth it but it's exhausting emails is a
very efficient way to do it you just
have to be willing to wait 24 hours dig
over 12 hours to get the next email so
you send an email in the evening in the
morning you can expect their response
another key if they don't respond
quickly if they take two to three days
respond that's the reason I don't trust
them as much if they're overly eager if
they're overly eager that causes me to
be a little hesitant now let me give you
a more objective way to validate if
they're actually someone you can trust
and that is payment terms there's as
many ways to buy something on alibaba as
there are needles on a cactus so make
sure
you narrow it down to just three three
ways it's really hard to get scammed and
I'll share them with you number one is
paypal now if you purchase their product
using your paypal account there is a
4.4% fee you will have to pay
technically they have to pay it because
they're the ones selling the item but
they will add that to what's called your
pro forma invoice the invoice they send
you and you will have to pay that amount
now if you're doing a ten dollar
purchase a fifty dollar purchase you're
getting a few samples not a big deal but
if you're doing a massive big purchase
okay you are going to be paid I mean
it's a twenty-thousand-dollar purchase
you're going to be paying around eight
hundred dollars in fees that is a lot of
profit just sucked out the good thing
about paypal is if they did scam you you
can go contest it to paypal and if the
company does not have a valid tracking
number to show it was shipped to your
location or your warehouse or house then
you will win that battle and you will
get your money back it's just kind of a
pain to go through the other option is
traded surance also called escrow if the
company allows you if they do trade
assurance here's what it means you pay
them a certain amount of money for them
to start production that money does not
go to the supplier it goes into a
holding account okay then once they
finished building the product and they
send you pictures to show you it's
working and happening then you pay the
rest of the money and they ship you the
product that money stays in a holding
place in escrow so they can't actually
they don't actually get the money until
you click a button saying the product
was delivered and until you click that
it stays there and no one can touch it
so it's a very safe way to purchase
something from alibaba even if they're
trying to scam you there's no way they
can take your money unless you allow
them to so paypal and trade assurance
also known as escrow two very solid ways
to do this keep in mind though if you do
trade assurance you know how I said
paypal's 4.4% fees trade assurance is
five percent fees so again you're going
to be paying a bit a large amount of
fees and the same scenario they have to
pay Alibaba that fee so they're going to
add it to your pro invoice your pro
forma invoice and make you pay that
the third way and the least secure but
the lowest fees way is to do a bank
transfer also known as a telegraph
transfer so what this is is where you
were literally transferring money from
your bank account to theirs now here's
the good side I'll tell you the good
side than the bad side the good site is
typically with most banks that's thirty
to fifty dollar fee the bad side is if
they scam you it's almost impossible or
at least very difficult to get your
money back because they have the money
and the bank isn't someone is just going
to go and take the money from that bank
now it becomes a bank war and that can
be a real pain so be careful with this
one what I like to do is start out with
paypal or trade insurance for smaller
orders or samples if I'm testing the
product on Amazon to see how well it
does once I build a relationship with
the supplier and out and that's another
thing on alibaba let me show you here
real quick on alibaba you can actually
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