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Inventory Source Review

Monday, August 2nd

2021 Wholesale Dropshipper Reviews

Top Consumer Reviews Best-In-Class Blue Ribbon Award Inventory Source Review 5 Star Rating

Inventory Source

5 Star Rating
  • Cost: Inventory Automation - $50/mo (Standard), $125/mo (Professional), $249/mo (Enterprise)
  • Full Automation - $175/mo (Standard), $225/mo (Professional), $399/mo (Enterprise)
Top Consumer Reviews Best-In-Class Blue Ribbon Award

One of the biggest headaches for dropshippers, and which is the most important part of dropshipping, is managing inventory and orders. Many dropshippers find themselves drowning in files and file upload processes that differ from marketplace to marketplace and from platform to platform. They also spend a lot of time chasing down inventory data like quantity, shipping weight, variations, attributes, and more.

Inventory Source claims to solve these problems by automating all of these processes. They offer the automations to both the retailers and their 150+ wholesale suppliers.

For inventory automation, suppliers and warehouses provide detailed, categorized product data and inventory monitoring. Through automation tools, suppliers update price markups and product data and then the data is sent, without file uploading, to Amazon, eBay, Walmart, Jet, Shopify, Magento, WooCommerce/WordPress sites, BigCommerce, and more than 20 other platforms and marketplaces.

For order automation, when a retail customer places an order on a retail dropshipper's website, the order goes through an order processing dashboard. It can be automatically processed or go through a verification process first. If multiple products from multiple vendors are part of the order, Inventory Source figures out which orders to send to which suppliers through its direct integrations - again, with no files to manage and upload. Once the order has shipped, tracking information is bundled back into the order and sent to the customer.

Through Inventory Source, wholesale suppliers can connect directly to their own online store, order management system, or enterprise resource planning system to synchronize inventory and orders.

Best Wholesale Dropshippers

The Inventory Source supplier directory is free to browse with no credit card required. You just create an account and it logs you into the supplier directory. The pre-registration demo video of the supplier directory was confusing and didn't have a voiceover to explain what was being shown in the screen recordings of the service being used. It also didn't show the entire process from start to finish. So, you'll have to figure out most of the process on your own or using the Getting Started guide once you log in.

Once you select a supplier, it's very simple to select an automation plan, review pricing and then complete the order of the products. From there, you list and promote the product on your website and desired marketplaces. Orders pass back to the Inventory Source system and are sent to suppliers for fulfillment. This is one of the best-designed systems available in terms of ease of use and setting up the transaction chain quickly and painlessly.

If you chose Inventory Automation as your plan, Inventory Source will automatically upload your supplier's products and sync inventory quantities to your store. Choose Full Automation if you want the added ability to automatically route orders to your suppliers and sync shipment tracking back to your store. Based on our experience, the latter is well worth it if you are shipping and needing to send tracking codes for more than 20 orders per day, especially across multiple platforms.

Support is team-based via email and live chat 7 days per week, and scheduled calls Monday through Friday from 9am to 5pm Eastern. Depending on the integration plan you purchase, you may even have access to an account manager who is a senior team member at Inventory Source dedicated to supporting and monitoring your account integrations. The account manager also serves to be an advocate in ensuring the tools and services fit your needs and budget.

We were surprised to find only four complaints registered via the Better Business Bureau, and to each of those Inventory Source responded promptly and satisfactorily. One complaint had to do with the customer's email filter being too aggressive in blocking an Inventory Source notification and nothing wrong with the service itself. Other non-BBB reviews included responses from Inventory Source representatives who clarified the actual misunderstandings and resolutions. Their conclusions were largely supported by other customers of the service who had reported good experiences. This tells us that Inventory Source cares about the satisfaction of their clients.

We were very impressed with the ease-of-use in getting started with selling on any of the most popular marketplaces. The file-less synchronization process is a plus for dropshippers who don't want to worry about handling so many files. This wholesale dropshipper has earned our highest rating.

Who Are the Best Wholesale Dropshippers?

Who the best Wholesale Dropshipper? Have you decided to try to buy and sell goods on the Internet? Are you looking to enter the fast-paced world of e-commerce? You can take advantage of a wide variety of dropshipping services that enable you to achieve financial freedom and reach your goals.

Supply chain management is simply getting a product from point A to point B. One way to do this is through dropshipping. With dropshipping, retailers (you) do not have to keep any inventory on hand. Rather, you send customer orders to wholesaler suppliers. The supplier ships the items directly to your customer. You never have to touch the product, and you make a profit on the difference between the wholesale and retail prices.

The Best Wholesale Dropshippers Compare Wholesale Dropshippers Compare Wholesale Dropshipper Reviews What are the best Wholesale Dropshippers Best Wholesale Dropshipper Reviews

Wholesale Dropshipper FAQ

Dropshipping is a way of selling goods without having to personally maintain them in inventory. You act as a liaison between customers and products, passing along orders to the supplier(s) who then ship the products directly from their warehouses to your buyers.
There are lots of benefits to wholesale dropshipping. You don't have to lease a warehouse or storefront, which automatically means your operating costs are lower. It's a less risky option than many other sales models available today.
The easiest way is to select a wholesale dropshipping partner. These services do most of the legwork to source products for you to sell and generally help you advertise your "inventory" on various marketplaces and platforms online. You'll still need to do some work to spread the word, through social media buzz and targeted ads, if you want to maximize your profits.
Sometimes. You'll find services that charge a one-time fee of a few hundred dollars, and others that have monthly fees ranging from $30 to almost $400. Typically, the higher the monthly costs, the more advertising and automation features you get. These fees are in addition to your business costs of setting up a website, advertising, and so forth.
Yes. Once you start to make sales, you'll need to take out a business license according to the requirements where you live. Most payment providers will require proof of those credentials before passing along your profits.
That is one of the trickier aspects of running a dropshipping business. Your customers see you as the business, and so they'll expect you to handle refunds or replacements. Every supplier has different terms for returns - which means you could be out of pocket on the refund until the supplier fixes the situation on their side. Some dropshipping experts recommend that you order product samples for yourself, to decide what to carry in your store and make sure that it's quality merchandise.
In all frankness, there are some dropshippers that are 100% above-board, and many others that are little more than a thinly-veiled scam. Do your due diligence before committing to a dropshipper: find the service's rating with the Better Business Bureau, see what other clients have said about using the platform, and determine how long the company has been in operation. There are trustworthy dropshippers out there, but choose carefully.
Most dropshippers have a free trial period, so you can see how well the service works for you. You could have as long as 60 days to request a refund, depending on the terms of the dropshipper's satisfaction guarantee. Again, it's important to check the reputation of the service you're considering - because all of the guarantees in the world only count if the company actually honors it (and there are some that don't do a very good job of that).
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Continued from above...

There are numerous benefits of dropshipping. As a dropshipping retailer, you do not have to buy and stock inventory before making a sale. The advantage is that you don't need to provide for storage space. You are not left trying to get rid of items that are not selling well, or at all.

If you want to reduce the number of employees needed to run your retail business, just become a dropshipper! Regardless of how many products you sell, you don't have to hire employees to package and ship items. Because inventory management is handled by the supplier and/or dropshipping enablement company, you also don't have to hire employees to maintain inventory.

To succeed as a wholesale dropshipper, you should use a dropshipping service that prequalifies reputable manufacturers and wholesalers. Also, you should match your business goals properly with the products the dropshipping company offers.

Here are some important factors to look for when looking at different dropshipping services:

  • Products. Does the company offer a wide selection of merchandise from reputable manufacturers? Can you browse their products before agreeing to use their service?
  • Value. Does the company charge a reasonable fee for the services they offer?
  • Ease of Use. Is the website clear and easy to navigate?

TopConsumerReviews.com has reviewed and ranked the best Wholesale Dropshippers available today. We hope these reviews help you find the right Wholesale Dropshipper for your business needs!

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