Alibaba: How to Avoid Scams and Potential Disaster
As e-commerce platforms like Amazon, Shopify, and Jet continue to grow, third party sellers are looking for more products to source and sell online as well. By far, Alibaba is the largest available public China sourcing database of potential suppliers in the world. But with this massive online “city of factories”, comes potential risks and possible scams.
Alibaba, while still the 800 pound gorilla, has seen a bit of a decline in market share lately due to both competition and the fact that Taobao, an ecommerce platform owned by them was added to the “blacklist” by the United States Trade Representative arm of the government.
However, it has been a recurring theme with Alibaba, and when Jack Ma, Alibaba’s founder, boasted in 2014 that fakes were often “better quality and better price than the real names” — it didn’t exactly bode well for Alibaba’s chances of staying off the Blacklist
One way to help ensure supplier integrity, quality, and viability is to first validate your product. Guided Imports offers a very cost effective way to get a full cost analysis and validation report for your prospective product.
Obviously, this is where we will recommend you give Guided Imports a chance to earn your business and prove to you why we are the #1 sourcing, manufacturing, and supplier management company in the commerce industry. But in all seriousness, there are a few good companies out there as well. Just make sure they are not working on commission, have transparent billing and communication, and most importantly, have your best interest at heart.