Thursday, April 26, 2012

More on Avoiding Scams on Alibaba.com


You don't buy something from someone who comes to your house with a sales pitch, do you (except maybe Girl Scout cookies, and those are just irresistible).  So if you would not buy something from someone who comes to your door, why would you buy an item (or thousands or items) from someone in China without doing your due diligence?

Alibaba.com is the world's largest e-commerce trading platform, but the key word in that sentence is "platform," as in "we build it and they come."  They have build a technology that connects buyers and sellers.  It's like eBay or any other web site that connects buyers and sellers.

Avoid fraud on Alibaba.com by trading safely
Fraud happens.  Online fraud happens.  Fraud from China happens.  With millions of customers, even if a small percent are scammers, you have a chance of being defrauded on Alibaba.com - if you don't do your homework and TRADE SAFELY.

The information on Alibaba.com changes frequently, but they have a new service whereby you can do some research and find out if you have encountered one of the bad guys:  their Alibaba Safe Trading Guide.   And understand that Alibaba is a company that metes out justice, but they have an investigation first.  So when a buyer complains and the claim is substantiated, the seller could be banned from the site and the fraud victim may in fact be eligible for a payout from the Alibaba.com Fair Play Fund.  A good FAQ on the Alibaba Fair Play Fund is on my other site.

Doing your homework and research first step in your fraud protection plan.

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