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The Chinese Market and Selling Fake Appliances – Modern Day Scam Revealed
There is a lot of hype over the Chinese market these days. Everyone is looking to save as much money as possible, so any type of product that sells in the higher price brackets is now a prime target for scammers of every variety. That includes anything electronic.
The idea behind a Chinese market scam is that most people believe all things can be made cheaply in China or Japan. There is a misconception around the world that these two countries can produce great products for much less than similar products made in other countries. The fact that almost every t-shirt or TV set purchased in the U.S. today contains a “made in China” sticker only adds to this idea.
The problem is, you never know if the products you are ordering from these countries are going to be the real thing. Besides creating cheaper appliances, it seems scammers from these countries are very good at creating rip-off products that may look like the real thing but don’t function half as well.
In some cases, the products received will look nothing like what was promised, or a totally different item may show up altogether. Let’s look at how this typically works.
Scammers will advertise popular appliances through a variety of websites, usually marketing bulk orders of very popular products to small businesses interested in reselling these products. They will make great deals that promise the business will make a substantial profits, since what they pay for the goods from the Chinese market will be much less than what the products are worth on their local market.
Here’s the catch. When the items finally arrive, they will either be obvious knock-offs that are clearly not legit or they will look as if they are the real thing but not work when tried out. Sometimes, the wrong product may arrive entirely. The scammers will then say they sent out the wrong thing and will fix the problem. Of course, since they already have their money, the “real” product never arrives and the scammer cuts off all communication.
While businesses are taking big losses when they fall victim to one of these Chinese market schemes, the biggest tragedies are with deals where the manufacturer of the product is supposed to mail the product directly to the buyer’s customers.
For example, someone who sells on eBay may purchase a bulk order of appliances from a Chinese market company with the understanding that this company will actually mail the appliance directly to the winning eBay bidders.
The company gets paid, but the eBay seller soon starts getting angry complaints that their products never arrived, were not the genuine product, or a different product entirely arrived.
Of course, not all products from China are rip-offs and not all fake appliances on the market come from China. Always ask for samples of the product before buying any bulk order for resale. A company unwilling to allow you to purchase one sample of the item first should not be trusted.
Please view this article “how to check a Chinese scam site.”
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