such a bad feeling when you compare other suppliers. they suck period. Just another scam online.
Megagoods is not a online scam but they are not a true wholesaler. They are basically a retailer that dropships. I used them over the holidays to sell some of the new iPod Touch's.
I call them a scam because they misrepresent what they do.
It would be like Walmart saying they were dropshippers. Heck they have better prices.
And I sure many here would call Walmart a scam for doing that. Actually,
maybe not because I might dropship Walmart items. Well not anymore since they added Paypal to thier payment process.
Their watches I found to be about 25$ more than online retailers.
Their Zune about 10$ more
The only thing that they had from the 50 items I looked at which was lower than online retailers by about 12 $ was the PS3.
But I wonder what they charge for shipping?
Here is what they say on their landing page.
'Start Online Business! Sell on Ebay! Sell on Amazon! Stock your Internet Store!
We provide you with a large selection of brand name items at real wholesale prices. Our prices are so low you can start making money today!
MegaGoods.com is your direct online dropshipper with a very large selection of brand name items at TRUE wholesale prices.
We carry large selection of home electronics and household items that you can sell and start making real money without ever investing a single dollar in the inventory. '
Now I am sorry. If that is not a scam statement, I don't know what is.
They sell at real wholesale prices? You got to be kidding me. You can also tell
by their writing it is an Asian company so there goes any chance of a profit on PS3s when you have to pay for Asian shipping to the states.
I might give the 7 day trial a whirl to see if there are any other gotcha's involved. If i go through with the trial, i'll post back with an update.
My verdict: Use at your own discretion. The shipping costs are kind of high so you'd have to markup your products 20% in order to net 5-10% on some products. If you're a successful marketer and can make things happen, it might work for you. I started 7 day trial today to get the website up and the prices set and canceled today as well after I tried to adjust prices to gauge my profit after shipping to myself.
The templates and site setup is pretty easy though, cookie cutter stuff.
I am taking a trip to Via Trading and Liquidation.com's warehouses this weekend in the LA area, I may swing by the MegaGoods location just to check things out in person if I get a chance. I'll try to take pics if i can.