Comments on: Alibaba: All Your Sourcing Are Belong to Us! http://cnreviews.com/entrepreneurship/alibaba_all_your_sourcing_are_belong_to_us_20080411.html About China blogosphere, travel, and entrepreneurship Mon, 01 Dec 2008 19:51:46 +0000 http://wordpress.org/?v=2.6.2 By: » sourcing Cost-Cutting.com => cost savings B2B news: B2B Cost Savings & Cost-Cutting news http://cnreviews.com/entrepreneurship/alibaba_all_your_sourcing_are_belong_to_us_20080411.html#comment-930 » sourcing Cost-Cutting.com => cost savings B2B news: B2B Cost Savings & Cost-Cutting news Fri, 11 Apr 2008 07:12:10 +0000 http://cnreviews.com/entrepreneurship/alibaba_all_your_sourcing_are_belong_to_us_20080411.html#comment-930 [...] Alibaba: All Your Sourcing Are Belong to Us! By Kai Pan A few weeks ago, I wrote a brief post advising would-be entrepreneurs and business-owners looking to source from China to do their due diligence when using Alibaba to source products from Chinese suppliers. As Alibaba continues to ramp … CN Reviews - http://cnreviews.com [...] [...] Alibaba: All Your Sourcing Are Belong to Us! By Kai Pan A few weeks ago, I wrote a brief post advising would-be entrepreneurs and business-owners looking to source from China to do their due diligence when using Alibaba to source products from Chinese suppliers. As Alibaba continues to ramp … CN Reviews - http://cnreviews.com [...]

]]> By: Mike Tucci http://cnreviews.com/entrepreneurship/alibaba_all_your_sourcing_are_belong_to_us_20080411.html#comment-928 Mike Tucci Fri, 11 Apr 2008 05:55:56 +0000 http://cnreviews.com/entrepreneurship/alibaba_all_your_sourcing_are_belong_to_us_20080411.html#comment-928 Agree on many points. However, there are plenty of good suppliers on Alibaba as well as on Global Sources. Indeed there are plenty of fictitious suppliers as well. Just read the forums in Alibaba for evidence of "bad" suppliers. At the end of the day, whether it is in your own city or somewhere 10,000 km away, you must do your research and take steps before running for the fat margins of sourcing direct. You can't blame Alibaba for marketing the way they do since without buyers they are nothing and there is value to their site, plenty of it in fact. However, this is a buyer beware market and knowing that will impact your bottom line. Having been there, been scammed, knocked on doors, came to China, sourced and sold, and made money and lost, we offer our readers our lessons learned as well as expertise from those that know far more than we do in sourcing. Keep up the great work CNR! Mike http://www.sourcejuice.com Agree on many points.

However, there are plenty of good suppliers on Alibaba as well as on Global Sources. Indeed there are plenty of fictitious suppliers as well. Just read the forums in Alibaba for evidence of “bad” suppliers. At the end of the day, whether it is in your own city or somewhere 10,000 km away, you must do your research and take steps before running for the fat margins of sourcing direct. You can’t blame Alibaba for marketing the way they do since without buyers they are nothing and there is value to their site, plenty of it in fact. However, this is a buyer beware market and knowing that will impact your bottom line. Having been there, been scammed, knocked on doors, came to China, sourced and sold, and made money and lost, we offer our readers our lessons learned as well as expertise from those that know far more than we do in sourcing.

Keep up the great work CNR!

Mike
http://www.sourcejuice.com

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