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GLOBAL SOURCING AND E -
COMMERCE SAFETY
Online international
trade, global sourcing and e – commerce
are very secure today, due to advanced
security technologies available in the
market today. To protect your self and
your customers from fraud, you have to
understand and take some critical steps.
This is particularly important if you
are running import and export or
international trade business
transactions.
Safety tips for import
and export and global sourcing in e –
commerce.
The points given below
help you in avoiding frauds in e –
commerce when you are doing global
sourcing or online shopping.
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Find out as much as you can about
the product and the import and
export trader. The past history of a
company will say a lot about the
business and since you are not in
direct contact with the seller you
have to do a thorough research about
the company. Use the power of the
search engines to find out the
traders’ import and export and
global sourcing history before doing
import and export or international
trade with him.
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Whether you are doing just global
sourcing or bulk import and export,
set up withdrawal or refund policies
with immense clarity. When you are
purchasing from an online retail
store, study the sellers refund or
warranty policy before you go ahead
with the deal. This way you will be
prepared if any thing goes wrong in
the international trade.
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The safety of international e –
commerce rests completely on the
passwords and information of the
trading account. Weak passwords will
be easily hacked and the information
will be stolen which will leave you
lurching in the dark.
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International trade and import and
export web site users should make
sure that the website makes use of
SSL or Secure Socket Layer
technology. This is a security
technology that is certified by
Thawte or VeriSign, which are
licensing agencies. One way to find
out whether the websites are using
SSL or not is by looking at the
address bar. If there is “https”, it
indicates the use of SSL else there
is no SSL.
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If the company is offering huge
discounts, then there is reason for
doubt. Though, e – commerce lowers
the prices of products, too much of
a discount is alarming.
Will my international
trade reputation be spoilt due to
identity theft?
It is very easy to steal
and misuse ones identity. This will
spoil your credit rating drastically and
will also have a cascading effect on all
your global sourcing and export and
import activities up to some extent.
What steps can be taken
to prevent this?
It takes conscious effort
to make sure that your identity is safe
while conducting international trade for
import and export and global sourcing.
Some steps are given below:
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While doing international trade,
either global sourcing or import and
export, don’t ever mail your credit
card or account numbers to any body.
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Don’t allow any cookies from any e –
commerce web sites unless they are
trustworthy.
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