Make a conscious effort to stay away from Wholesale Scout, one of the most dangerous scams in the ecommerce arena. They trap you into buying their subscription with a one pound trial offer. Once you succumb to it, your troubles begin and multiply faster than you can imagine.
It seems that the whole idea behind the one quid offer is to get hold of your account details so that they can have a free run, debiting your account at will. They withdraw payments using different names. You cannot even make out what is happening. They rob you using these deceptive methods. That’s how sharp these scammers are.
Newcomers are targeted more Because of their Ignorance
It is clear from reviews about wholesalescout that they are experts at making claims that appear genuine at the onset. However, it’s only when you start digging deeper that the muck really shows up. They have a gang of expert online swindlers helping them plan devious schemes that look pretty straight and legal. They cleverly choose novice retailers because they are soft targets and always looking for low investment offers to make money online.
The one pound offer is valid for just seven days according to the information provided on the website. You have to cancel the membership well before time. They insist that you have to cancel the membership by email failing which, your account will be deducted automatically and that’s precisely what happens. It seems like a well chalked out plan. They claim that they did not receive any email from you and cooly charge you the full amount for the next subscription.
Beware - You could be losing Money without Knowing about it
The worst part about this Wholesalescout scam is that they won’t inform you of what they will do next. You suddenly discover this shocker that they have used a different name to charge your account. If you decide to go ahead and use the subscription, now that they have taken away your money in any case, that too won’t work. The information provided about wholesale sources and deals are useless. It simply cannot help you earn any money.
The verified wholesale directory is another sham that they promote on their website. The list is a straight liftoff from the internet and from free directory sources. You are forced to pay for information they label as exclusive but can be accessed for free on many directory sites. All it takes is a little research to call their bluff. Most of the suppliers are middlemen which means even if you manage to find products to sell, your margins will go for a toss because these middlemen will shear off the cream of your profits, making it tough for you to break even.
If you are seriously planning an online retailing business, take the business review portals covering Wholesalescout seriously and avoid this site. You can easily find better wholesale resources on leading trade directory services that offer genuine and verified listings. They are the best bet to help you set up your online retail store quickly and with very little effort. Make sure that you research your sources to avoid falling into the hands of scammers like this one.
