After finding Supplier?

[mitchel]

Hello Every one,

Finally I found the supplier in China through Alibaba.com now that I have spoken to the supplier, they demand for the 30% deposit before production and 70% payment after they sent from the China port. My question is that how can I trust that supplier to send 30 % of the money and never hear anything or sending 70% after they sent from their port and receive the container with some random products.

Also please provide the safe way to transferring money or a better way of dealing in this situation. I would love to hear from an agents who deals with importing goods into UK.

I hope it make sense to what I am trying to say.

Thank you

Best wishes

Mitchel

 

[wolfitman]

30% deposit and 70% on copy of BOL are 'normal' terms for most factories for first orders. Once they see the business growing and gain confidence that you also will pay then they may relax this. It works both ways as many foreigners also order and do not pay...

If you do not plan to visit them yourselves then it is best you get them checked out as what you 'see' on Alibaba is not always what you get. Personally I suggest you visit or pay somebody like me to check them for you.

Payments are simple and shipping into the UK is also simple to organise using the right Companies who will do all of this for you for a small fee.

Make sure the supplier and product is correct first. PM me if you need more advice. I am English but work 50% in China and 50% in the UK.

Nick Rastall
Audio Sourcing Limited

 

[Wowgiftchina]

It is OK.If you have confirmed the samples is OK,there is no big problem. Manufactories takes more risk as the goods are not under their control when they are on the sea,although
there is a B/L.

 

[Frankngai]

Hello Mitchel,

If your order amount is big enough, you can consider to paying by L/C. If it's small amount, you can use Paypal. If your amount is in the middle, such as USD3000-10000, 30% deposit + 70% COD may be the only choice for you and your supplier.

Once the supplier receive your order, they will purchase the material for production. If the buyer is not serious enough and won't take the goods, the factory will lose a great deal. That's why the supplier request deposit. In fact, 30% is not enough to fulfill your orders. The cost of the products is up to 80-90% of your order value.

Once the vessel depart the port, the supplier will lose the control and right of the goods. That's why the supplier request you to pay the balance 70%.

If you can't trust the supplier completely, you can appoint a sourcing agent to help you to monitor the production status and conduc the quality control. If you need any assistance, feel free to drop me a PM.

Glad luck to you. Have a nice day.

B. rgds,
Frank

 

[AlibabaTalk]

Hi Mitchel,

We'd like to reassure you that at Alibaba, we're always working hard to tackle unfair practices on our marketplace. We've developed a number of policies and procedures to tackle fraud, and systems of authentication and verification, including our Gold Supplier membership scheme.

Of course, It's very important to conduct due diligence before you make an order with a new supplier. Hiring a local inspection is a solution. We understand that it will incur extra costs but this can ensure that you are happy with the quality of the products you received. The other suggestion is to order the sample first before you make bulk purchasing.

You can read more about Safe Trading on Alibaba in this section of our website. http://uk.alibaba.com/knowledge-centre/safe-trading.html

Kind regards and happy trading,

The Alibaba.com UK Team