Alibaba Wholesale Prices greater than retail WTF?

Have been doing some research on alibaba, to get a general gist of costing a few product lines.

However, the sellers want massive MOQs and a charging greater than retail price. WTF?

I know its a scammers playground, but how does one source decent suppliers, at a fair price?

Does one have to attend trade fairs around asia, to find reputable suppliers.

Maybe naive of me, but on a lot of product lines, I would assume that paying 30% of retail price, whole be about right for…

Alibaba Wholesale Prices greater than retail WTF?