Comparakeet » Best Drop Shipping Companies » MegaGoods Review

Ranking

12^th in Best Drop Shipping Companies

Rating

7.4/10

Price

$14.99/moSee Better Options

What's the Verdict?

Worth It, Some IssuesSee Alternatives

MegaGoods Review 2018

Item: Megagoods
Rating: 7.4
Author: Jonathan Kerns

Due to technological advances and pop culture influence, demand for consumer electronics has been on a steady rise in recent years. If you're a seasoned businessman, you've probably already taken full advantage of this fact and joined the bandwagon selling consumer electronics. But if you're just starting out and trying to carve a niche for your company, choosing the right drop shipping provider to handle your inventory and shipments might become a little overwhelming.

Thankfully there are companies like Megagoods that offer a simple, and easy-to-understand approach when it comes to drop shipping. Founded in 2004, Megagoods, Inc. is a distributor specializing in consumer electronics. With over 45 categories, thousands of products, and a no-frills approach, this might just be what the doctor ordered. In this review we take a look at why this is the perfect drop shipping provider for companies looking for a more simple solution to their needs.

See Our Other Top Picks

Jonathan KernsApril 16, 2019

Pros

Clean, Uncluttered Website – A simplistic layout and a bare, all-white background can sometimes turn a website into an ugly mess. In Megagood's case, however, it actually goes a long way. By making what is, essentially, its storefront bare bones, information takes center stage. It makes navigating the site and getting to the information you want an absolute breeze. Product categories are readily displayed on the left side of the home page, while a search bar is situated on top of it. There is also a section for new arrivals, top 25 sold items, and specials/closeouts. The product catalog is also pretty straightforward, displaying relevant information such as the condition of the item, weight, and even how much that item normally retails for online.
Quality Over Quantity – While Megagoods doesn't have millions of products in its repertoire like other drop ship companies, it does make up for it by way of the age-old adage: quality over quantity. These include products from top brands such as Samsung, Olympus, Philips, and Pioneer among others.
Low Cost – Due to the fact that Megagoods houses all the products that they offer, as opposed to getting it from suppliers as orders come, expect lower prices than what the products normally retail for.

Cons

Fees On Top Of Monthly Membership – For every order that you sell, Megagoods charges a $1.50 handling fee plus shipping costs, on top of your monthly membership fee. Shipping costs are calculated based on the item and the delivery address. While $1.50 doesn't seem much, for small or even medium-sized businesses it can add up over time. In addition, the company charges a 20% merchandise-restocking fee. This means that when a customer decides to return an item bought from your store, you will have to shoulder the fee to restock said item.
Lacking Some Features – Employing a business strategy with a focus on simplicity will always be a double-edged sword. On one hand, it gets rid of all the unnecessary bulk. On the other, it can leave a product that is lacking in some areas. While Megagoods is no slouch in the drop ship game, the lack of automated integration tools, low inventory notifications, or shopping cart integration certainly hinders their overall appeal.

MegaGoods is MegaGreat

Pricing

If you just want to look around and see what Megagoods has to offer, you can avail of their rather generous 30-day trial, after which you have to pay $14.99 per month if you wish to continue being a member. Also be aware that, on top of the monthly membership fee, they charge $1.50 per order plus shipping costs, if said item is not covered by the limited free shipping. A 20% merchandise-restocking fee is also required if a customer decides to return an item. Other than that, however, Megagoods’ fee requirements and membership terms are pretty straightforward.

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International Shipping

Another nice thing about Megagoods’ service is that they offer international shipping. However, there is one small catch: all orders for international shipping must be prepaid via direct bank transfer, money order, or cashier’s check.

Refurbished Items

Note that Megagoods also keeps refurbished items in stock, signified by the ( R ) symbol next to an item’s model number. That said, do not be discouraged because all refurbished items in the product catalog have been reconditioned by the manufacturer and tested thoroughly to meet quality standards. These also come with a 90-day manufacturer’s warranty, and is serviced direct.

Payment Methods

They accept all major credit cards like American Express, Discover, Master Card, and Visa. As for PayPal, however, their FAQ states that they no longer accept this form of payment. As a workaround, you can still pay using PayPal ATM/Debit Cards.

Shipping Methods

Megagoods offers numerous shipping options to suit almost every need. These include FedEx Ground, FedEx Saver, FedEx 2nd Day Air and FedEx Next Day Air. They also have USPS but is mainly used for PO Boxes only.

Other Features

While not as advanced as other drop shipping companies in terms of automated features, Megagoods does offer some useful tools. These include Custom Data Export, Product Photo Export, eBay and Amazon data export, Product Tracking, and Fraud Prevention. As an added bonus, they don’t require a minimum number of orders.

Customer Support

You can contact Megagoods for any support needs via phone, email, or snail mail. Their support team usually responds in a fairly quick and timely fashion. There is also a detailed FAQ section where you can read up on the company’s shipping methods, account cancellation, and returns policy, among others.

What's the Verdict on Megagoods?

Worth It, Some Issues

MegaGoods Review – Conclusion

Megagoods might not be the most advanced or feature-rich drop ship solution provider, but they definitely make up for it by employing a simple and easy-to-understand approach where even the most novice of sellers can readily take advantage of their services. Their impressive product catalog certainly screams quality over quantity, with items from top brands populating the list. For only $14.99 a month, not to mention its lower-than-retail prices, Megagoods might just be the solution you need if you’re looking for a simple, but reliable way of boosting your business.