If you are an online entrepreneur then you are always at risk for dealing with a bogus company looking to scam you in any business transaction.
Researching any company you intend on dealing with can be your best friend.
And like any potential friend, you are quite interested in the reputation of the company.
Search engine results have a higher percentage of bogus companies.
You should be checking the many available online directories for the wholesale supplier you will deal with.
Salehoo is among the many online directories available.
Supplier and wholesaler information is provided by the Salehoo directory.
Take note of the verification process companies have to pass in order to be listed in Salehoo.
Salehoo has received both negative and positive reviews from members during its time in operation.
Notice however; the inventory of reviews includes a number of positive ones in addition to the negative ones.
Salehoo basically provides you with a list of the suppliers and wholesalers that are looking to be your drop shipping partner.
The directory is used by businesses in search of cheap wholesalers ready to supply their retail product needs.
If you would like to sell a brand name fashion skirt for a retail price of $49.
99, you might get it from the traditional distributor for about $45.
00.
But with Salehoo, it's possible to find a wholesale supplier who will sell you that skirt for $20.
00 each.
You can see the lure of the higher profit.
Buy low and sell high is the mantra of every eBay powerseller.
Unfortunately, Salehoo online directories has been receiving much negative publicity and attention related to its legal confrontation with Terry Gibbs.
Salehoo's reputation has been damaged by Gibbs through postings entered on the salehoosucks.
com website.
This site allows people to put up comments related to their experience with the Salehoo directory.
The war of words started when Gibbs posted a comment on the site that the Salehoo management felt was defamatory.
The dispute centered around Gibbs' claim that Salehoo displays misleading prices.
He showed calculations of how businesses would lose money by purchasing on Salehoo.
He also believes Salehoo would sue anyone that provides negative feedback on the Salehoo site; making it positive beyond reasonable expectations.
This battle is currently all the rage on the e-commerce forums.
However, everyone should only make judgments of Salehoo based upon their own experiences.
In my objective opinion, Salehoo doesn't sell defective products and only charges agreed prices.