top 9 import tips to verify foreign suppliers
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This slideshow features some practical tips to help importers verify overseas suppliers.TRANSCRIPT
Top 9 Import Tips to Verify
Foreign Suppliers
Use international trading forums to check whether the supplier is trustworthy or not.
Internet Forums
Research the company; Find out about its locations, product lines, management, investments.
Consistency is a good sign. Disorganized switches from one product line to another are bad.
Company Research
See if they have a decent website with meaningful content.
Look at the about us page; contact details; a physical address.
Stay away from websites that are just a page, with loads of chaotic content strewn across.
Check Website - 1
Check for their the website's domain, email, IP, hosting, server, etc.
Beware of unknown zone, unidentified, not authenticated sources.
Get professional help if you aren't familiar with technology.
Check Website - 2
Contact your prospective suppliers and talk to them via emails, phonecalls, webchats, etc.
A good supplier will ask you the details about your requirements (viz. specification, description, payment method, delivery time, packing condition, etc) so as to serve you better.
Talk to Them
Ask for for references of their existing clients.
Call up their past clients for opinion.
Check References
Look for pre-verification of suppliers that many reputable B2B marketplaces provide.
These aren't perfect but they often do provide you with lots of useful information. Eg. Alibaba Trust Pass, IndiaMART Trust Seal, etc.
Pre-Verification
Find a reputable inspection agency. It might cost you money, but its better than incurring heavy business losses.
Professional Inspection
Personally visit the factory of your prospective suppliers to know first-hand about their abilities, and whether they can be good long-term partners or not.
Personal Visit
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