3 Signs your Supplier is Fake: How to Spot a Scam | OlingoCo
When sourcing products from China, it is important to be aware of the signs that a supplier may be fake. Unfortunately, scams are common in the sourcing industry, and many suppliers attempt to take advantage of buyers who are not familiar with how to spot them. In this blog post, we will discuss three signs that your supplier may be a scam, and how you can protect yourself from being taken advantage of.
No Samples available
The first sign that your supplier may be a scam is if they are unwilling to provide you with a sample of the product you are interested in. Many fake suppliers will claim that the minimum order quantity is too high to provide a sample, or that samples are not available for the products they sell. legitimate suppliers should have no problem providing you with a sample of the product you are interested in, so that you can check the quality for yourself. If your supplier refuses to provide a sample, it is likely that they are hiding something about their product.
Another sign that your supplier may be a scam is if they require payment upfront before any goods have been shipped. This is known as an advance payment scam and is one of the most common ways that fake suppliers attempt to take advantage of buyers. legitimate suppliers will not require payment until after the goods have been shipped and you have had a chance to inspect them for yourself. If your supplier insists on payment upfront, it is best to walk away and find another supplier.
The third sign that your supplier may be a scam is if they make unrealistic promises about their products or services. For example, a supplier may claim that their products are of the highest quality when in reality they are made from cheap materials. Or a supplier may promise delivery in an impossibly short time frame. If a supplier is making claims that seem too good to be true, it is likely that they are trying to scam you.
How to choose a supplier, then?
The best way to avoid being scammed by a fake supplier is to do your research and know what to look for. Always ask for samples before placing an order, and never pay upfront for goods that have not yet been shipped. If a supplier seems too good to be true, they probably are. B
If you want to learn more about how to choose a supplier, be sure to check out our free webinar on “How to choose a Supplier“. It is designed to help you select a better supplier and avoid being scammed.
HOW TO CHOOSE A SUPPLIER
Thanks for reading!
Do you have any tips on how to avoid being scammed by a fake supplier? Share them in the comments below!