Lets Talk Wholesale!

Day in and day out this story always comes up and each time it bugs me a bit and a bit more

People thinking they have found a legitimate wholesale supplier that only takes western union or bank wire, they send them over a load of cash($100 – $1000s) and twiddle their thumbs at home waiting for their goods to arrive usually in the following scenario:

1 Week Passes – No goods received – It’s ok, they just shipped they’re coming
1 Month Passes – No goods received & wholesale supplier stops responding – It’s the supplier is busy or must be on vacation and the goods must be in customs
2 Months Pass – No goods received and still no word from the wholesale supplier – REALITY HITS, YOU JUST GOT MADE

Guys please, whether your new to the wholesale goods industry or have been here for some time, please please please verify your supplier is legitimate

Rule # 1 – If it’s too good to be true IT IS – When someone is offering you wholesale iphones 3GS for $220/piece while the market is dry, don’t get excited and start calculating how much money your going to make on them – You’re going to LOSE because it is a scam

I HATE to see people lose money with shady suppliers as it puts a bad taste in their mouth, whether its $100 or $10,000 it is your hard earned money

So now I put this out there – PLEASE let me verify your wholesale supplier for you if you have the slightest bit of doubt. I have been in this industry for years and will do this for you completely free – I don’t need your supplier contacts I have a whole list of my own – But if you feel for any reason you want some one to double check your supplier PLEASE PLEASE PLEASE feel free to email me at contact AT zubingada DOT com and I wiould love to help you out

I have worked with all types of wholesalers – wholesale electronics, wholesale clothing, wholesale housewares tons and tons of stuff – I know who the legit players are for the most part and I know how to check them out

Don’t be shy!

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One of the best ways you can do to expand your business is to go online. You will be exposed to a whole new bunch of online customers. But along with anything, there are some drawbacks, and the most evident one would be credit card fraud.

A great amount of payments you receive are likely to be made by credit card, and there isn’t really an easy way of verifying someone’s legitimacy. If you are payed with a stolen credit card, the victim will eventually find out about it, and you may end up losing the goods sold AND the money you were originally paid.

The first step would be to verify the billing address and mailing address before processing an order. This ensures the goods are being shipped to the right person. If they don’t match, you should look into the order and the size will help to point out if its fraud. Some online merchants won’t even ship if the billing and mailing addresses are the exact same.

If you receive large transactions which are costly you should contact the customer prior to finalizing the order. This will ensure that the transaction is legitimate and that neither you nor the customer will be affected by credit card fraud. Also, usually people don’t ship overnight unless it is urgent, so if you receive a big order, and it is being shipped overnight, that should be a big red flag.

Some countries are generally known for fraud, such as Nigeria, and should be avoided at all costs. By taking these precautions you will save yourself from being scammed by credit card fraud as well as the actual victim.

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