Hi, I have read most of your forums and advise. But as a first time buyer am still confused about the payments. cause all the suppliers I chat with online sound the same. They all agree on PayPal but what I want to know is; How safe it is and how it operates since that’s going to be my first time. Also who benefits if there should be any breach. Thank you.
Glad you like the forums and advise. You are wise to ask about payments. Be safe, because if you happen to be dealing with an unethical supplier, once they have your funds, they have the leverage.
Here are some short videos I made that may help you:
Video 1: Finding Suppliers Video 2: Evaluating Suppliers Video 3: Negotiations Video 4: Project Management and Quality Control Video 5: Protecting Your Intellectual Property Video 6: Leveraging Global Sources Video 7: How to Find and Manage Partners for Logistics Video 8: Avoiding Scams Video 9: Returning Defective Products Video 10: Resolving a Dispute
Here are some blog posts specifically about PayPal and China sourcing that you will find relevant:
As supplier don’t use PayPal for large orders, I assume your order is less than a few 1000 USD. If that is the case, you may benefit from this 5 part series on Small Buyers Strategies: Video Tutorials
Let me know how things work out for you.
Glad to help.
Question answered by Mike Bellamy.