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Thursday, January 23rd
Modalyst is a dropshipping software platform built for online businesses and ecommerce sites. They connect you to a market of wholesalers and help you automate your business. They are a top-rated app on many ecommerce platforms and integrate with the most popular ecommerce solutions like Wix (who acquired Modalyst in 2021), Shopify, Alibaba, and Bigcommerce. They've served over 600,000 ecommerce stores and reached over 50 million online shoppers.
On-demand suppliers
The key features of Modalyst include a curated marketplace of print-on-demand suppliers and wholesalers to ensure products are always available. Retailers have access to over 10 million products in fashion, home and beauty, decor, and other categories. They integrate with over 500 ecommerce distribution sites that offer the best in fashion and apparel.
Poor product descriptions and filtering
We like that you can order product samples before going through with selling them on your own website. They have a good list of photos displayed for each item, but product descriptions are lacking or non-existent. You'll probably need to do some work on your end to rewrite some product descriptions, so keep that in mind. You can only filter by supplier, shipping, and price, so it could take a while to go through all of your product choices.
Start for free
It costs nothing to sign up for Modalyst and get started building your online store. A "hobby” account is free and gives you a product limit of 25. The most popular plan is the "Startup” for $35/month (or $30/month if you pay yearly) that comes with a 250 product limit. The "Pro” plan is $90/month (or $67/month if you pay yearly) that has no product limit. All plans come with the same benefits of adding products in 1 click, importing all products, easily edit product information, real-time inventory updates, variant mapping, bulk add products to your ecommerce store, and much more.
Automated profit margins
A key benefit that a lot of people like is the ability to define pricing rules to automatically markup products to make sure you make comfortable profits. It will factor in the cost of shipping to the retail price, so you can offer free shipping (if you want to) without it impacting your margins.
Hit and miss
Modalyst has a "C+” rating from the Better Business Bureau due to their failure to respond to one customer complaint. The general consensus among other customers is that there are a lot of pros and cons to weigh when considering Modalyst. People say it can take just minutes to figure out how to use it and adding products is a piece of cake. There are few products from the US and most of them are low quality, so you're usually stuck with Alibaba and AliExpress as suppliers, which can significantly slow shipping times by up to 2-8 weeks. Their customer service seems hit and miss and it's hard for people to get their shops running smoothly because it takes forever to work through issues.
Great app reviews
On the flip side, if you exclusively look at ratings from stores like Wix or Shopify, the overwhelming majority of feedback about Modalyst over the past few years is positive. A lot of people say it is the best wholesale dropshipping app to use, the flexibility is great, people have never had issues with the software, suppliers are reliable, and more. In addition, some major news outlets that have featured Modalyst include Bloomberg Businessweek, Fast Company, Forbes, MSNBC, Elle, and Vogue.
A decent, comprehensive choice
Modalyst seems to have made improvements over the last few years that have in turn upped customer satisfaction. They offer tons of products from both the US and foreign countries, so for someone wanting a booming shop with plenty of inventory, Modalyst can get you there. They are definitely not going to be one of the cheapest choices you'll find, but their easy-to-use tools and comprehensive integrations and supplier listings could be worth it. Modalyst has earned a decent rating from us.
A major hangup people often run into when starting their own business is the need to increase inventory regularly, rotate products, and make seasonal changes to continue growing and meeting customer needs. This results in having more and more inventory to store, higher overhead costs, and having excess product from months or years previous that didn't sell well that you don't know what to do with. It is this cost in particular that can sometimes sink a new retail business and prevent them from being operational for long.
If you're wanting to be in charge of your own retail business, dropshipping companies could be your best friend. They make it so you don't have to store your own inventory and they'll take care of all the shipping processes for you. You'll work with the company to select products, add your own price markup, and get set up so they can send out orders once you've obtained a sale on your website. It unlocks a world of convenience and takes a load off of you as a business manager.
With dropshipping, you can expand your product lines regularly without having to carry so much of the overhead cost. You can add new products to your shop within minutes and stop selling items that aren't doing as well. For this reason, if you're starting a new business or running into issues with how your current one operates, trying out a dropshipping method could be the solution for you.
It doesn't take a whole lot to become a reseller of goods through a dropshipper since you don't manage the inventory or need a warehouse to store it all. If your business is small enough, you can run it all on your own. You'll just need to set up a website, create your own brand, purchase product, promote and manage sales, and communicate back and forth with customers whenever needed. It's nice to have some financial knowledge and organization as well, but you really don't have to be an expert in any of these things. Many people run and operate their business alone with the help of a wholesale dropshipping company and are quite successful.
If you have a knack for sales and dream of working for yourself on your own schedule, becoming a dropshipping reseller will appeal to you. If you cater products to your target audience well and take advantage of different social media channels, online ads, email lists, and other means of marketing, you'll have a solid customer base. You may be able to make much more than you are at your current full-time job while not having to answer to anyone else about how you run things.
There are many companies that offer wholesale dropshipping, so how do you select the best one? We've done some deep dive research on 10 of them to help you find the ones that will best meet your company goals. Here are a few major things to consider when weighing your options:
The experts at Top Consumer Reviews have researched the most efficient and reputable wholesale dropshippers available to you. We're confident that you'll find a company that helps you take your business to the next level and offers you the means to achieve financial success!
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