Is Banggood a scam? Or legit e-commerce earning opportunity?

Is Banggood a scam?

If you are looking for a great resource to find affordable items, with a dropshipping program that can be beneficial for entrepreneurs who are looking to start their own business then consider Banggood. Banggood is a Chinese e-commerce company that offers products and services to customers all over the world. Looking to learn more about it? In this blog post, we will take an in-depth look at Banggood. Is Banggood a scam? Is it legit? There are many such questions that need answers.

You will learn about Banggood products and services, as well as its pricing structure. You will also know the pros and cons of using this platform and whether or not it is the right choice for you.

New to Dropshipping/E-commerce?

Read: What is Dropshipping Business?

What is Banggood?

Banggood is a direct-to-consumer online retailer that specializes in selling products from China. The company offers a wide variety of items, including electronics, home goods, fashion, and more.

Banggood was founded in 2006 in Guangzhou, China, and has since then grown into a leading global online shop for consumers, and drop shippers looking to find and trade their products.

The company has expanded its presence in more than 20 countries including the US, UK, Europe, Russia, and Asia-Pacific.

Banggood operates as a drop shipper; this means that they do not keep any inventory themselves, but instead partner with manufacturers to source and sell products on their behalf.

How does Banggood work?

Banggood operates a bit differently than other e-commerce platforms. Rather than hosting its own inventory, Banggood acts as a middleman between buyers and sellers.

This means that when you make a purchase on Banggood, you are not buying the product directly from Banggood. Instead, Banggood will search for a seller who is selling the product that you want and will then connect you with that seller.

This can be beneficial because it gives buyers access to a wide variety of products, and it also allows sellers to reach more customers.

When you place an order on Banggood, you will be directed to the supplier’s page. You will need to enter your shipping information and payment information. Once your order has been placed, the supplier will ship your order directly to you.

You can visit the Banggood website based on your location and register yourself as a customer or supplier.

How much does it cost to join Banggood?

Joining Banggood is free. You don’t need to pay any membership fees to become a member. However, you will need to pay for the products that you intend to sell in your store. The prices of the products vary depending on the supplier.

Banggood products and services

Banggood offers a wide range of products that include electronics, gadgets, home goods, fashion and beauty items, car accessories, and tools. You can find just about anything on Banggood. The website is easy to navigate, and you can search for specific items by keyword or category.

Banggood products

The products are available at very competitive prices with maximum discounts and deals. Banggood segregates its product selection under Hot deals, flash deals, clearance sales, and top-seller categories to balance the profit for both consumers, and suppliers.

It also offers a dropshipping program that allows entrepreneurs to start their own businesses with minimal investment.

The program consists of various tasks related to drop shipping such as supply chain, order fulfillment, logistics, payments, and customer service.

What are the payment methods available on Banggood?

Banggood offers more than 40 payment methods. You can pay with PayPal, which is one of the most popular online payment methods.

You can also pay with your credit card, which is convenient if you don’t have a PayPal account. Lastly, you can also pay with Western Union. There are also many local payment methods allowed by Banggood.

What are the shipping options available on Banggood? 

Banggood offers a wide range of shipping options to its customers. The company offers free shipping on orders above $25, and it has a variety of express shipping options available as well. Customers can choose from standard delivery, expedited delivery, and priority delivery.

Banggood also offers international shipping to more than 200 countries around the world. In terms of delivery times, Banggood typically delivers orders within two to four weeks.

Can you make money with Banggood? 

The short answer is yes. In order to make money with Banggood, you can sign up to be a drop shipper. This means that you will partner with Banggood to source and sell products on their behalf. As a drop shipper, you will earn a commission on every sale that you make.

One of the benefits of using Banggood is that it offers very competitive pricing which allows you to make a profit on your sales. This is because Banggood does not need to host its own inventory, so it can pass on the savings to its customers.

In addition, it also offers a variety of coupons and deals that can further reduce the price of your purchase.

Banggood also has some partnership programs that help you make extra money. It has an affiliate program that is ideal for bloggers, website owners, etc. The program is free to join and offers up to 25% commissions on the different categories of products.

Banggood affiliate program

You can also make money by opting for Banggood’s wholesale program. Here, you have to register as a wholesale customer to get exclusive products at wholesale prices. This way, you can sell these products at higher prices to make profits.

Is Banggood a scam? 

Banggood is not a scam. The website is legit, and you can trust that you will receive your order as described. The company has been operating since 2006 and is one of the competitive e-commerce service providers with a growing presence all over the world.

Can Banggood be trusted? 

Banggood has a mixed bag of ratings and feedback from its customers. Most of the reviews are fairly positive. The company has gathered an average rating of 4 stars which is very good. However, there are many complaints related to delivery and customer service disputes.

Source: Sitejabber 

Source: Trustpilot 

Banggood reviews

Banggood as a company can be fully trusted but you have to take some precautions while ordering the products. It is recommended to add insurance and other paid options related to delivery. It enhances the protection and allows you to settle disputes legitimately.

Pros 

  • Free and easy-to-use – For both buyers and sellers, the platform is entirely free. This is in stark contrast to other sites, where you must sign up for a costly plan before using their services. Other than that, Banggood is very simple to use. You may begin searching for available items from the search bar. To find products, you don’t need to register.
  • Products and pricing – Banggood has a wide selection of products, including electronics, gadgets, fashion items, home goods, and more. The pricing range is competitive on a wide range of products that also offers a variety of coupons and deals.
  • Positive reviews and ratings – There are lots of positive responses for Banggood products and services. It shows that the platform has gained commendable trust and reliability among its users and gives you scam-proof assurance.
  • Availability of Mobile app – Mobile app from Banggood is available for both iOS and Android. You may conduct business anywhere as far as you have access to your phone, which is great news if you travel frequently or desire to work on the road.

Cons

  • Compromised product quality – The quality of some products may not be as good as those offered by other e-commerce platforms. Since most of the products are manufactured in China, you may have to compromise on durability and effectiveness.
  • Delivery issues – Banggood operates as a middleman between buyers and sellers, so there may be delays in receiving your order. The customer service and shipping have let down their overall performance ratings and this is evident from the complaints raised on independent review platforms.

Conclusion: Is Banggood worth using and recommended?

Overall, Banggood is a great resource for finding affordable items. It offers a dropshipping program that can be beneficial for entrepreneurs who are looking to start their own business, and it has a wide selection of products. However, there are some drawbacks to using Banggood.

Some products may not be available in certain regions, and the quality of some products does not match the international standards. If you are looking for a great way to save money on your online purchases, then Banggood is a good choice.

However, if you are looking for the highest quality products available, then you may want to consider another e-commerce platform.

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