Any dealings with Shenzhen Linshow, HK Gewu Trade and more?

inetron

Hello,

has anyone got experience with following companies:

Shenzhen Linshow Foreign Trade,

HK Gewu Trade,

Luckyglory Technologies,

Shenzhen Usso Technology

I know they are not selling original products, but noname products also can be sold in my country, I only wonder if I can give them my money and be sure to receive the goods?

Thanks

openboxshop

I have not done business with any of those companies - at least not that I know of. The problem that I have found is that many of the Chinese companies have many different names that they are using. There really isn't any way to monitor what a company is doing - not for us outside of the country anyway.

The major thing that I would tell you is -- NEVER -- use Western Union, insist on a sample and small order sizes, and don't use them for dropshipping until you have had at least a few different transsactions that have gone PERFECT.

I did all of these things and it bit me big time. I do not believe that all Chinese companies are scammers, I tend to live in a perpetual rosey glass world, but losing $3000 will wake you up quickly.

Also, PLEASE do not be taken in by a false sense of security because you are covered by escrow, or this company has oodles of positive feedbacks. I personally know 2 people that have had great transactions a couple of times and then boom - out of nowhere - the awesome deal disappears. Usually about the time that they place a MAJOR ($$$$) order. I just hate to see anyone lose the money that they are trying to better themselves with.

Sandy

fudjj

The above post makes some excellent points, especially about scams and payment options.

If you don't want to lose your money then choose your payment method carefully, credit card or PayPal at the minimum. You need an avenue to file a charge back should the deal go pear shaped.

The major deal scam is quite common, they sucker you in with the first couple of small orders, then wait for the big pay day when you get comfortable and go for the mother load before they hit you hard.

Alibaba.com has quite a good forum where you can find out about suppliers on the site from other members, ignore company ratings, they aren't worth a zac.

planes

OK here is what you do to buy from Asia or Hong Kong

1000.00 for tickets to Hong Kong

1000 for living expenses while there.

200 for a translator

5000 for product which you will sell on eBay while you are there

to cover expenses and make a profit.

Then buy bulk while you are there. Basically parlay your profits which should

be about 7500 because you were selling while you were there right?

Of course you are researching what will sell the whole time and have some contacts to meet first day.

Then you will bundle your stuff up and ship back home and arrive home and continue selling.

Maybe you make a couple of trips like this until you gain trust in the wholesaler.

inetron

Thank you openboxshop, fudjj, planes for your precious information.

What about dropshippers advertised on Salehoo, like Lightinthebox, Chinavasion or MKenterprise?

Is it worth paying $50 to MKenterprise for a dropship account? I mean how much are the prices lower than?

Regards,

Inetron

fudjj

Thank you openboxshop, fudjj, planes for your precious information.
What about dropshippers advertised on Salehoo, like Lightinthebox, Chinavasion or MKenterprise?
Is it worth paying $50 to MKenterprise for a dropship account? I mean how much are the prices lower than?
Regards,
Inetron

I have no personal knowledge on the prices of MK Enterprize, however I do read quite often that although they are a high quality provider, they are not the cheapest.

Lightinthebox is a long time member here on Salehoo, and I know quite a bit as been written on the forum about them, as well as Chinavission really, so you should be able to dig up some useful info on them with a search.

paul1978

I would just like to add that your money is not safe with pay pal.

I was under the impression this was a safe payment platform.

I lost nearly 2000 sterling and although pay pal agreed in my favor, they said they could do nothing until the supposed company had funds in there pay pal account.

BE WARNED.

I personally would say Credit card is the safest method, as at least you can claim back.

What are other peoples thoughts on secure payment terms.

Its a damn shame questions like this have to be asked.

If i ever get my hands on any of the thieving.................

fudjj

I would just like to add that your money is not safe with pay pal.
I was under the impression this was a safe payment platform.
I lost nearly 2000 sterling and although pay pal agreed in my favor, they said they could do nothing until the supposed company had funds in there pay pal account.
BE WARNED.
I personally would say Credit card is the safest method, as at least you can claim back.
What are other peoples thoughts on secure payment terms.
Its a damn shame questions like this have to be asked.
If i ever get my hands on any of the thieving.................

That's pretty accurate.

If the person who you have won the dispute against closes their PayPal account then your win is worthless.

If however they do keep their account open it will show their account as minus the amount they owe. If they try to make another payment through PayPal, or if an automated payment is taken from their account, the PayPal system will will read their account as minus, and will actually deduct not only the amount of the payment they are currently paying, but will also deduct the full amount to bring their account back to 0, after the current payment has been made.

That amount is of course the amount owing to you, and just to cause mass confusion to them, the transaction will show up on their banking statement as a single payment to that merchant.

It's actually a flaw in the PayPal system, and if you're on the wrong end of it, it can really suck, because they won't return your funds until the dispute has been closed in your favour.

If you lose the dispute, or in this case it would seem that they have already lost, PayPal will automatically deposit it into your account and they have absolutely no recourse to get the funds back.

So don't give up all hope just yet, if they get sloppy they will get caught when they least expect it!

As for preferred payment methods, always something you can make a charge back on when something goes pear shaped, only safe way to go!

singapore101

You can stay at the hotel US kowloon in Hong kong for around 30.00usd a nite.

planes

I would just like to add that your money is not safe with pay pal.
I was under the impression this was a safe payment platform.
I lost nearly 2000 sterling and although pay pal agreed in my favor, they said they could do nothing until the supposed company had funds in there pay pal account.
BE WARNED.
I personally would say Credit card is the safest method, as at least you can claim back.
What are other peoples thoughts on secure payment terms.
Its a damn shame questions like this have to be asked.
If i ever get my hands on any of the thieving.................

Another option with Paypal is to have a credit card backup with a zero balance in your Paypal account. They will automatically take from your credit card instead. That way you can file a claim with your credit card and Paypal has no choice but to give you your money back as they have to comply with the credit card.

And it doesn't matter if the seller closed his Paypal account. Paypal is bound by banking laws and the terms of the credit card company to issue an immediate refund.

If you can use an America Express as they are the best of best with reversing transactions. All you have to do is call AE and they do it immediately. Some require a form to fill out. But any decent credit card issuer will reverse the charges.

Just make sure to have all your ducks in a row. Meaning all the doc to support your claim.

fudjj

Sweet advice, I like that one

planes

More info. The reason scammers like Paypal is once they get an account they get the money immediately where with a credit card there is a delay and enough time for the buyer to file a claim.

Supposedly, in Asia you can legally open a bank account under a false name as an individual. Where as a business the rules are much more stringent and there are harsh penalties for doing such.

So never never buy from an individual ever. Unless you are married to his sister or are a friend of the family.

So basically, Paypal is held hostage to these guys which is why you will never get a reverse of funds back into your account.

These guys setup many many Paypal accounts and put false activity on the accounts to make it look like they are legit. They cultivate the accounts by using them and letting time go by so it gets past Paypals security measures.

And when Paypal does catch them, who cares as they are not sending out anything anyway they just let the account get limited and move on to their next one with a new email and IP.

They just duck and cover into the next internet cafe or change their IP get a new gmail account and move on.

Believe me when I tell you this is a very serious issue with Paypal right now.

And for eBay to.

fudjj

Gotta say, that's some of the best advice I've read here for a while. That has the potential to save someone some serious cash.

Well done!

planes

Gotta say, that's some of the best advice I've read here for a while. That has the potential to save someone some serious cash.
Well done!

Been away for awhile but thanks fudjj

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