- Report: #1245126
Complaint Review: Wholesale2B.com - Internet
Reported By:
RippedOffAgain -
Murfreesboro, Tennessee, USA
Submitted:
Updated:
-
Author Not Confirmed
Why?
Wholesale2B.com
Internet, USA
Web:
Wholesale2B.com, http://www.facebook.com/w2bDropship, http://www.twitter.com/wholesale2b
Categories:
Business Rating:
(0)
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Wholesale2B.com aka Wholesale 2B Dropship Scammers, Make money with dropshipping on Amazon & Ebay Scams, Profit from Dropshippers Scam Internet Based Internet
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Wholesale2b.com is known as a Dropship service. It connects online sellers with multiple warehousing and goods facilities that are considered to be wholesalers. You must have an account on a retail sight or your own website for retail sales. You simply build a selection of merchandise from their Dropshippers/Warehousing Companies and add them to your retail postings on Amazon, Ebay or your own retail website. Once you've added the merchandise to the list it can be imported and listed. If the product sells, you receive the profits after everyone else has received their cut. Sounds easy enough right?
Be Weary! Well you should always be weary of membership fees from any place that claims you will make money. Why is that you may ask? Well if they will make profit from your sales, why would they need to charge you a membership fee on top of the proceeds that they “all but guarantee”?
What's the Scam? You pay your membership fee and begin searching the wholesale products listing and add them to your retail sight. You can use Ebay, Amazon or your own personal retail site. Many of the products that are claimed to have good profits are “OUT OF STOCK” and will continue to be out of stock. They claim to have 1.5 million available products from vendors/dropship companies, however that includes “OUT OF STOCK” and outdated products. The real scam is the products profit margin is too small to make money against the SAME products being sold for less than the wholesale price you are given.
Example: Your wholesale cost of the product is let’s say, $20. Shipping is figured in and then the fees are taken out. You are left with a profit of $1.85. Sounds fair right? Well what you don’t anticipate is every product they offer can be found at retail cost below what you could sell the product for and make a profit. Which means you will never have the cheapest product for sale unless you are the only provider of the product.
Automatic Negative Profit Scam: The second part of the scam is many of the products will have a negative profit margin from the start. If you do not look at every individual breakdown on fees & cost, your product may sell and you will owe Wholesale2B money for selling at a negative profit margin.
3 Updates & Rebuttals
MynameisTJ
las Cruces,New Mexico,
United States
Mike i havel already prooved you are a scam
#2General Comment
Wed, April 25, 2018
you kept my money you are a scam no exceptions STOP ARGUING YOU SCAMMER!!! $47 for a unproffessional unsecure generic website that i could have gonna better for free!!!
MynameisTJ
las Cruces,New Mexico,
United States
mike is a liar and a thief
#3General Comment
Tue, April 24, 2018
Mike you are such a liar!!! you scammed me $47 , STEER CLEAR OF THIS SCAM!!! THEY SHOULD BE SHUT DOWN!!! no business license , no tax id , THEY ARE ILLEGAL!
Update - Negative Profit
#4Author of original report
Wed, July 29, 2015
Response from Wholesale 2B,
I can reassure you that we are not a scam. When it comes to the wholesale prices, as we indicate on our website we provide the lowest wholesale prices for drop shipping. We also provide the names of all our integrated drop shippers once a plan is activated you now have access to the names of all our suppliers.
Basically what you need to do is compare your wholesale price with the average prices on eBay or Amazon. The reason being that not everyone uses drop shippers on eBay or Amazon. Many people sell used items or use cheap products from suppliers from China. All our suppliers are located in the USA and provide 1 year warranty on all products.
To make it easy for members to compare prices, we include live numbers from EBAY and AMAZON in the product detail page of each items, showing the MIN, MAX and AVERAGE Prices found on those portals.
What you can do is use our search by profit margin to find items with minimum profits using the URL below after you login to your wholesale2b.com account:
http://www.wholesale2b.com/members.php/catalog/browsebyprofitmargin
If you still wish to cancel your plan, please login to your wholesale2b.com account and click on the "Cancel" link located on the dashboard page, below the blue box. Once you cancel your plan, it will remain active until the end of your current monthly billing period and you won't be charged the following month.
Mike
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