Today I want to talk to you about a NEW FEATURE that has been introduced by Alibaba.com that you may not be aware of.
And it’s actually something that I am very excited about!
It’s called Trade Assurance and it’s a terrific new service that basically protects your order from a supplier up to a certain amount (which is based on their selling history).
The process itself is actually very simple and easy.
You search for a supplier as normal, but now there is a new filter – Trade Assurance, which has been added to Gold Supplier, Onsite Check and Assessed Supplier:
So if you select this filter, you will only get results from suppliers who have agreed to trade under the Trade Assurance program.
Under the company’s name and contact details link, there will be a small Trade Assurance icon, and if you hover over that you can find out the exact amount that this company is covered up to.
Now this is where I thought there would be a problem, as I imagined Alibaba being very cautious here and only putting minimal amounts for each supplier, but I have actually been pleasantly surprised! The vast majority of suppliers that I’ve checked have at least $3,000-$4,000+ and many have $15,000-$20,000 and above which is more than enough for most first time importers! [Read more…]