Purchasing Wholesale Mobile Phones For Later Retail

Given that there are thousands of cell phones on the online wholesale market, you will eventually be asked for your credit card details when you want to purchase a wholesale cell phone. This is when many buyers in your place will step back and cancel the purchase because they are unsure of the seller’s security measures and privacy policy.

Here is a list of recommended actions you can take as a wholesale distributor of cell phones in order to find the right wholesale supplier:

1 Verify the supplier’s credentials, his reputation and any other relevant background issues thoroughly. Get the opinion of other buyers that have dealt with the supplier. Contacting and following up with references is also a good idea. When you can’t do this, get a local investigator with experience in doing background checks to provide you with a report on the supplier’s background.

2 Get to know the person at the mobile phone wholesale supplier that you will be conducting your business with. Build a working rapport with this person. Make sure this person has the authority to resolve basic business issues. There is no point wasting your time with someone who can’t actually make any business decisions.

3 Visit the company’s factory; if at all possible. Satisfy yourself that high quality manufacturing and inspection processes are being used.

4 Be precise when you give the cell phone specifications on your order. Always include any details you think are relevant to the order. You should make elaborate descriptions. This often enables you to avoid complex issues later.

5 The mode of payment should be finalized in detail. It is often advantageous to work through a letter of credit when purchasing from an overseas supplier.

6 Payments should always be staggered. Full payments upfront are to be avoided at all costs. Work with the supplier to set up a payment schedule. The first payment is the payment you make when you submit your order. This should build confidence in the supplier. The second payment is made when you receive confirmation that the order has been shipped. The final payment of 15{7fcbeda410c9f02a886f83a59a5af911565ec7141a170d397df667872a958d9e} – 20{7fcbeda410c9f02a886f83a59a5af911565ec7141a170d397df667872a958d9e} is made after you have inspected the delivered goods.

The above recommendations apply to overseas suppliers as well as domestic suppliers. Special care mare be needed to ensure each of the above steps is carried out properly. Make sure the overseas supplier can ship the cell phones as specified in your order and they are consistent with conditions spelled out in the contract. It is often a tremendous hassle to seek legal resolution in any international business disputes.