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Based in Los Angeles, California, and founded in 2004, Megagoods is a dropshipping company with a goal of helping customers build and expand their own businesses of reselling products to consumer. The company specializes in reselling electronic goods, but also has other items in its inventory of 1,500.
Megagoods stores the items in its own warehouse and touts a quick and easy way for people to resell the goods without hassle or needless processes.
With Megagoods, one doesn’t need to have a business license or even prior experience. In addition, resellers can do business outside of the United States.
Megagoods has grown steadily and is PCI compliant and EDI compliant. The company is proud of its commitment to providing sound and viable solutions to its customer base. The company aims to provide both high-quality products and high-quality customer service.
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Dropshipping is a fairly new and intriguing business idea that has drawn the interest and attraction of a growing number of people. As this growing industry has several companies to clamor for customers, it's important to consider which ones offer the best options. Megagoods does have aspects and elements one would find pleasing. Here are a few pros:
With a one-time fee of $14.99, it's difficult to complain about the upfront cost of using Megagoods. This membership price is one of the best in the industry and is certainly one of the best things about this company. In addition, for those who are doing some investigation, Megagoods offers a one-month free trial. If after the month you don't like what you see, you may walk away with no questions asked. This poses an almost-what-have-you-got-to-lose situation. From this standpoint, why not check out Megagoods for a month and see if they have what you're looking for?
One of the best things about using Megagoods is how easy it is. One doesn't need to be an expert in merchandising, shipping, retail or anything of the like. You simply select the product of your choice and upload it to a site such as eBay or Amazon. Then you wait for potential buyers. It's that simple.
Time is precious to everyone, and there never seems to be enough of it. So who wants to spend endless hours with painstaking tasks of putting products and descriptions of your products on eBay or Amazon? Export features with Megagoods allows for super-fast and simple transfer of products and descriptions from Megagoods' site to the site where you are listing the merchandise.
Megagoods offers free shipping on select products. Saving money is always a good thing.
Megagoods customer support is solid, as it provides for phone and email assistance. Response times are quick, and the agents are helpful and friendly. You aren't likely to get frustrated with lack of help and resolution to problems.
The pros are noted, but in reality, Megagoods has far more shortcomings and negatives than it has positives. Finding the positives is a more difficult chore than identifying areas in which this company needs to improve before it can be viewed on the same plane as other dropshippers. As you search for companies to help you conduct your business, consider these negatives:
If you are the type of reseller who needs a large selection from which to choose or if you want a diverse inventory at your disposal, don't waste your time with Megagoods. In fact, the word "mega" shouldn't really belong in the company's name. The company has an inventory of just 1,500 products, which, if you consider some competitors have more than a million, this is quite a paltry figure.
Above it was noted that membership prices are a high point of the company; however, when you start to look at additional fees, that price doesn't look so good. Megagoods has a $1.50 dropship fee for every item you sell. This is on top of your membership fee, meaning your out-of-pocket costs really add up. There is also a 20 percent merchandise restocking fee. This is a negative because if your buyer decides he or she doesn't want the product, you are responsible for paying for it.
No low inventory notifications. If your inventory is getting low, don't count on Megagoods to keep you in the loop: there is no way of informing you through alerts or otherwise. Imagine the predicament if you continue to advertise products to potential buyers that are no longer available.
Megagoods simply has too few tools and resources to make it a good choice for resellers. It's easy enough to use, but the add-ons and extras just aren't there.
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This company is a scammer. No support, No way to cancel membership, ignore all my emails and ticket requests. Charging me monthly fee without any email notification. Even worse, after I submit cancellation request, it ignore mine and still charge fee.
SCAM! NO support at all. I have registered an account and I discovered that I cannot use this service because I am not in the US. So I have been paying monthly, there is no way to cancel my account and the support ignores all my emails. I have been paying for something that I am not using. Terrible support. Don't use this
SCAM website!!! When I sign up as a new customer trial and paid for the fee. Just knew it's doing the business around USA only. Then I cancelled my new membership trial the next day. And contact the customer support and never get reply back. Be aware of this website and do more research for the company operating their service. :(