As China presents a visible excellence in the manufacturing industry,many people are turning toward this country to import goods for their business endeavor.Many businesses opt to get their resources from China in order to obtain better profit.China's products with low prices help businesses to gain up to 80%profit from their sales.However,it can be very hard to distinguish the great deals from the scammers when importing China furniture and products.To avoid downfalls and regrets,watch out from these China import traps and frauds.
Doing Business with Untrustworthy Suppliers
Be aware of companies doing strange and vague businesses especially when you're importing from a far country.Working with a company that's on the other side of the world involves high risks most especially if the company's records aren't credible.Such companies may disappear completely the moment they receive any payment from their buyers.To avoid being victimized by these companies,you can work with independent third-party sources to do a background check on your behalf.The first few things that are being checked in a supplier's credibility are its legal registration records and credit data.
Inadequacy of the China Products'Quality
The quality of your products reflects your business'quality as well.Low quality is the usual complaint of most buyers.There are some suppliers that send low quality products for the purpose of exceeding on their commissions.These are the type of suppliers who aren't keen on making strong relationships with businesses as all they care about are their compensation.Some supplying companies tend to send out high quality,top of the line product samples and then replace them with lower qualities once you're about to order products for your import business.To stay away from receiving poor quality goods,you can hire a third-party pre-shipment overview services and demand from the supplier that the review is a condition to payment.
Offers that are"Too Good to be True"(Impossible Discounts and Offers)
Handling a business may have a lot of principles but among all of these,you must remember the"you get what you pay for"principle.Thus,be aware of those suppliers who offer especially low or discounted price.Though discounted deals may seem as such a great buy,think it over before sealing the deal.One of your responsibilities as the client of a supplier is to check their contact information and identification before working with business.
Fraud or Fake Sites
Setting up a website is a necessity especially on companies that deal with global operations.While having a website may make the particular supplier look reliable,be aware that there are several of them nowadays which are also a fake and are there to cheat on potential victims.Verify the authenticity of the website of your potential supplier in terms of its information,updates,graphics quality and so on.The best way to prove that a website isn't a fraud is through contacting the information on its contact page.A company with a working address and a contact number that works is a sign of a reliable business partner.
