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What is the best way to judge if a buyer or supplier is serious or trustworthy?
Post 1 of 71
Admin Moderator
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What is the best way to judge if a buyer or supplier is serious or trustworthy?

Pelase give your answers below

Award 100 MVPs ( What's this? )for the best answer.
14 Jun 2007 01:16
Post 2 of 71
Replying to [Admin]:
It seems not so eassy to judge whether they are with serious attitude or not. Maybe a better way of achieving the judegement is to correspond with them and fathom more information about from communications.
15 Jun 2007 00:48
Post 3 of 71
Replying to [Admin]:This is really hard one to answer . but by there emails . fax phone calls you get the feeling if they are serious or not , they say they want ,, ok, give them a (small) deal no serious buyer could refuse. then sit back and see what happens
17 Jun 2007 10:05
Post 4 of 71
drdonmm
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Replying to [Admin]:I agree as a small business I get scared off by people who insist on MOQ and who don't directly answer my questions. If you want to build a long term relationship you should be willing to go the extra mile.
Happy selling.
20 Jun 2007 09:46
Post 5 of 71
chytech
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Having a middle man take care of the finance aspect of imports.
20 Jun 2007 14:11
Post 6 of 71
Replying to [Admin]: I think the most important thing is whether the buyer or supplier do what they promised. [em17] They will cooperated with you but will not have no response from them.[em18]
21 Jun 2007 18:14
Post 7 of 71
Replying to [Admin]:One way to check out suppliers or buyers is to read the postings in the forum on Alibaba! Find out what the experiences of others are when dealing in various transactions before risking your own time and money. Another way is to check out a supplier by asking them if they accept Paypal. I only use Paypal when buying as it affords some protections if a supplier doesn't ship what you order. Western Union, bank transfers, and sending money directly (money orders, or checks) do not have any guarantees that the supplier will ship anything... just take your money!! Finally after finding a suppier who actually accepts Paypal (some report that they do on their web sites, but won't when you try to order), you can buy a small order (lower risk) and see how they perform in actually shipping you the order, product quality, timie to ship, response to email order status and technical support inquires..Good Luck!
22 Jun 2007 12:17
Post 8 of 71
Replying to [Admin]:

the way to judge the buyer or seller you must have to communicate through FAX, TELEPHONE OR E-MAIL..

It's really hard to know about the buyer or seller.

but if the buyer/seller gave you what he actual wants or sell and as in propotionate the other side one willing to satisfy about products, payments, delivery time at very first then we really wanna continue this communication and get back soon prominent response.
23 Jun 2007 01:57
Post 9 of 71
Replying to [Admin]:
Some facts that are obvious.

For example, if the inquiry for 1.5 million tons of steel for a project. There is not too many a large requirement, mostly for 100,000 tons or so. Ask for the project name, and destination of delivery. Shipyards are the biggest consumer of steel, but not ores or billets, or sc rail steel, only steel plates. Common sense will tell that this is a bogus inquiry.

Other matters when dealing with machinery, if the request for quotation asks for a wide range of the equipment, and do not specify the quantity, this is more likely to be from your competitors, trying to find out your prices.

You got to:

1. Ask the tough question and be direct to the point. For information such as the Project Name, country of origin, and the location.

2. Genuine inquirers will have the patient to wait for your reply, and are knowledgable on the product and its application.

3. Ask them for the specifications and look for absurd data. Technical matters are rather straightforward, and if the request is not right, then throw out the inquiry, not to waste time.

4. Check the phone and fax numbers. Ask for real address instead of just an email. Free hosting emails E.g. hotmail, gmail, etc, are more likely to be fake. If the email is from website, check their website URL and the Registration of Host.

5. If the phone number is local, give them a phone call, and check with the phone directory. Check with the Registration of business if this business is real, check out their business profile and activity.

Finally, get second opinion from your circle of business association, like the Chinese Chamber of Commerce, or the Embassy of the country, ask for the Commercial Department. Check out if this company is real, the Director's name and the name of the Purchaser or Procurement Officer and the phone number. There are cases where spoofers use the name of real companies, but they do not work there or are associated with them.

Dick



24 Jun 2007 04:26
Post 10 of 71
Replying to [Admin]:

Trust and seriousness can be analysed only after personal meeting. If opposite party is interested in that it's first sign of seriousness towards business relation.

[em17]
26 Jun 2007 07:08
Post 11 of 71
Replying to [Admin]:
intuition
26 Jun 2007 07:54
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