Online, you locate a Chinese supplier. A business opportunity exists that has the potential to take off. However, there are plenty of fakes, cons, and poor Chinese vendors to be aware of. So how can you be certain that you’re doing business with a reliable, reputable supplier?
You’re not alone, so don’t worry. Verifying Chinese suppliers, according to the majority of the companies surveyed, is the biggest challenge they encounter when importing goods from the nation.
While you’re checking out a possible provider, you’re looking at these two things:
- Are the things you want to purchase capable of being produced by the supplier?
- Is the business reputable, legitimate, and not a fraud or a company that is about to file for bankruptcy?
How to find reliable Chinese suppliers?
The investigation of Chinese suppliers is a crucial stage of your supply in China. Selecting your vendors wisely is advised to avoid negative interactions. This post will teach you where to find trustworthy Chinese vendors.
China is the primary industrial hub in the international B2B marketplace, where one may obtain a large variety of goods or even goods of any kind. China provides customization options to millions of firms. However, not all Chinese vendors may be trusted.
Utilize Search Engines And Directories Of Chinese Vendors
Examine all of the policies (returns, damages, backorders) on Chinese wholesale websites, and ensure their contact details and physical address are readily available.
You can locate the supplier’s profiles on numerous B2B directories by searching the firm name.
B2B sites are a fantastic place to start if you want to read reviews, obtain referrals, or ask questions, but be wary of users who are only there to advertise themselves. Consider, for instance, how long the supplier has been in business.
Additionally, a lot of B2B marketplaces typically provide verification services, which makes it much simpler for you to decide whether or not you can trust a specific supplier.
Similar to this, it verifies crucial information about suppliers, including the start date, the number of employees in each department, factory ownership, the volume of sales, brand names, etc.
Call A Number
Most scammers do not give accurate registration information online to avoid being identified by law enforcement agencies. For instance, they can give a bogus business address, phone number, or fax number, or they might insist that customers only reach out to them by mobile device.
Call the China supplier’s landline and, while you’re there, request the company registration and business license numbers. If a supplier only provides you with a mobile number and not a landline, an alarm should go off in your head.
People can purchase hundreds of mobile phone numbers in China without any restrictions or limitations. This is why mobile phone numbers are rarely used by scammers instead of landlines.
Verify Business Permits
Suppliers from China are required to register with the Chinese government and get a special firm registration number. When operating in the Chinese B2B platform, you shouldn’t do business with a supplier if they can’t give you a specific company registration number because doing so is too risky.
Visit the website of the local administrative government or get in touch with the Bureau of Industry and Commerce to confirm the registration number.
Obtain References
Ask for reference letters from the supplier’s bank to confirm the supplier’s financial creditworthiness. Ask for references from the supplier’s previous clients and don’t be afraid to get in touch with them to verify whether they have a history of producing high-quality goods.
Similarly, if you are aware of any other companies in your sector, why not get in touch with them and request recommendations for any Chinese suppliers they may have worked with?
Obtain a Sample
Ask for a sample product, even if you have to pay for it. Whether you’re purchasing wholesale apparel in China or any other kind of merchandise. When you hold a sample in your hands, you can evaluate the product’s quality to make sure it meets your needs exactly.
Insist on sending money to your potential supplier’s business bank account if you must pay for the initial sample charge. They are probably not genuine about doing business if they can’t give you such information.
Regarding Money
While we’re talking about money, when it comes to paying your potential China suppliers, let them know that they can pay cash on delivery and that your local agent will pick up the goods from their address. Check to see if they permit this. Scammers won’t consent to it, but trustworthy suppliers will.