What happen to the wholesale thread?

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There used to be this post by swiftronics selling wholesale products on "Building eCommerce Sites - Wholesale, Drop Shipping"
section.
I just can't find it anymore, I search my "find all my posts" and nothing?? , did it get deleted? I was following that thread.. I can't find the user name, it was here for a few days ago..
#happen #thread #wholesale
  • Profile picture of the author Emir Hayric
    Originally Posted by sincosb View Post

    There used to be this post by swiftronics selling wholesale products on "Building eCommerce Sites - Wholesale, Drop Shipping"
    section.
    I just can't find it anymore, I search my "find all my posts" and nothing?? , did it get deleted? I was following that thread.. I can't find the user name, it was here for a few days ago..
    Was supposedly bought by TechTenacy who I also tried to order from.

    Everything seems peachy and they even offer some additional discount until they get your money. Then it's weeks of excuses and no products and they cancelled my account out of the blue with some lame excuse. They had my money for god sakes!

    I wouldn't trust them I don't think they have many products if anything on hand.
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    • Profile picture of the author Importexport
      Originally Posted by DreamTFK View Post

      Was supposedly bought by TechTenacy who I also tried to order from.

      Everything seems peachy and they even offer some additional discount until they get your money. Then it's weeks of excuses and no products and they cancelled my account out of the blue with some lame excuse. They had my money for god sakes!

      I wouldn't trust them I don't think they have many products if anything on hand.
      A familiar story. I don't know why people won't make the effort to do even basic due diligence on suppliers.

      Why send your money to people just because they advertise on a respectable forum, or on a larger scale, on product sourcing sites that are recommended so casually on this and other forums?

      I teach safe sourcing, but not for dropshipping. There are safe sites where you can find reliable suppliers who are genuine manufacturers who will supply small orders despite quoting huge MOQs.

      I have never had a client of mine lose their money by dealing with dubious suppliers.

      Just to illustrate the point -- almost all of the suppliers listed as manufacturers on the popular overseas sourcing sites are in reality traders. Now when you start off dealing with someone whose first point of contact contains a substantial error of fact, that does not suggest reliability. In fact it should immediately start the alarm bells ringing.

      Many of those suppliers may be honest, but if their first statement is false (We are manufacturers) should you really continue to trust them?

      By the way, it is not just a matter of trust, it is a matter of value for money. Traders will never be able to give you genuine ex-factory prices because those are the prices they have to pay before they add their margin when quoting you.
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      Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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      • Profile picture of the author Emir Hayric
        Originally Posted by Importexport View Post

        A familiar story. I don't know why people won't make the effort to do even basic due diligence on suppliers.

        Why send your money to people just because they advertise on a respectable forum, or on a larger scale, on product sourcing sites that are recommended so casually on this and other forums?

        I teach safe sourcing, but not for dropshipping. There are safe sites where you can find reliable suppliers who are genuine manufacturers who will supply small orders despite quoting huge MOQs.

        I have never had a client of mine lose their money by dealing with dubious suppliers.

        Just to illustrate the point -- almost all of the suppliers listed as manufacturers on the popular overseas sourcing sites are in reality traders. Now when you start off dealing with someone whose first point of contact contains a substantial error of fact, that does not suggest reliability. In fact it should immediately start the alarm bells ringing.

        Many of those suppliers may be honest, but if their first statement is false (We are manufacturers) should you really continue to trust them?

        By the way, it is not just a matter of trust, it is a matter of value for money. Traders will never be able to give you genuine ex-factory prices because those are the prices they have to pay before they add their margin when quoting you.
        They never said they were a manufacturer and if you don't have products to send the buyer then why accept credit card payments because it will be disputed. I got all of my money back they just pretend to have products that they do not, it seems like a scam but I don't see the gain?
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        • Profile picture of the author Importexport
          Originally Posted by DreamTFK View Post

          They never said they were a manufacturer and if you don't have products to send the buyer then why accept credit card payments because it will be disputed. I got all of my money back they just pretend to have products that they do not, it seems like a scam but I don't see the gain?
          Traders listed on many of the popular websites will rarely carry any inventory regardless of what they say. They may appear to be manufacturers even if they don't say that they are, or they may say they are wholesalers or they may just leave you to assume one or the other.

          Most of them operate as opportunist sellers, and they are basically sourcing agents. This is why they will often quote bigger Minimum Order Quantities (MOQs) than the real manufacturers. They hope to make a big amount of profit in a single deal, mainly because they don't get much repeat business.

          Once they receive an order they then go shopping for the products. They hope to find exactly what they have sold you, but sometimes the manufacturer whose product images they have lifted from catalogs will have discontinued that line. That may be what happened to your supplier. Strictly speaking if that was the case it was not a scam, just bad luck for the supplier. No problem for them, they will just list on the sourcing site under a different name and start again.

          Another reason for the big MOQs they quote is that they have quite likely never before dealt with the manufacturer where they hope to buy and the bigger order quantity may help persuade the factory to deal with them.

          I teach how to avoid all this by going direct to suppliers that really are manufacturers. It is possible to source small quantities direct from the factory with the right approach, but you must start off knowing that you are in contact with a genuine manufacturer. There are a couple of sourcing sites where you can believe it when they are listed as manufacturers, but those sites never get a mention on forums like this.
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          Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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          • Profile picture of the author TheGreatDress
            well some suppliers operate as agents not direct wholesalers or manufacturers as importexport said, I received my products more than once, recently my last order was refunded and they close my account. I paid via credit card and they gave me my funds back, I can't consider that a scam. But I'm glad someone else has a different explanation, they won't be specific as to where they get their stock, there's much better sources out there anyways.
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            • Profile picture of the author Importexport
              Originally Posted by TheGreatDress View Post

              well some suppliers operate as agents not direct wholesalers or manufacturers as importexport said, I received my products more than once, recently my last order was refunded and they close my account. I paid via credit card and they gave me my funds back, I can't consider that a scam. But I'm glad someone else has a different explanation, they won't be specific as to where they get their stock, there's much better sources out there anyways.
              In my view, having imported for 22 years before retirement and having franchised my importing business in 4 countries, the best sources are manufacturers.

              Agents in China are rarely paid on a commission basis; they buy and resell, so the price they charge will be factory price + their profit. Obviously if you can get the factory price yourself it makes sense to go direct rather than pay more.

              It is not common for genuine manufacturers to accept credit cards, although I do know a few, so if CC payment is accepted, you are almost certainly dealing with an agent or trader and paying more for the privilege.
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              Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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