Among the various platforms available for dropshipping, Modalyst stands out due to its seamless integration with platforms like Shopify and Wix, and its extensive catalogue of products. However, like any other business tool, understanding the pricing structure of Modalyst is crucial for businesses looking to maximise their profits while keeping costs in check. This article provides a comprehensive review of Modalyst pricing, examining the various plans and tiers to help you decide which is best for your business needs.
Overview of Modalyst
Modalyst is a dropshipping platform that connects online retailers with suppliers of various products, ranging from fashion and electronics to home decor. By offering a diverse selection of high-quality products, Modalyst enables retailers to expand their inventory without the traditional overhead costs of stock management.
The platform is particularly popular for its partnership with Alibaba, which allows retailers to access a vast array of products directly from the manufacturers.
Modalyst pricing list
| Plan | Monthly Cost | Product Listings | Transaction Fee | Key Features |
|---|---|---|---|---|
| Free Plan | £0 | Up to 25 | 5% | Basic product listings, limited support |
| Startup Plan | £30 | Up to 250 | 5% | Automated order processing, premium support |
| Pro Plan | £67 | Up to 5,000 | 2% | Premium suppliers, advanced features, reduced transaction fees |
| Platinum Plan | £107 | Unlimited | 1% | Unlimited listings, exclusive suppliers, customised branding, lowest transaction fee |
Modalyst pricing plans
Modalyst offers several pricing plans to cater to different business sizes and needs. These plans range from a free option for those just starting out to more comprehensive plans for established businesses looking to scale. Here is a breakdown of the pricing tiers:
Free plan
The Free plan is an excellent starting point for new entrepreneurs who want to test the waters of dropshipping without any initial investment. Under this plan, users can list up to 25 products in their online store. While this is sufficient for small-scale operations or niche markets, it might be limiting for businesses that wish to offer a broader range of products.
Additionally, the Free plan includes a 5% transaction fee on every sale, which could add up for businesses with higher volumes of sales.
Startup plan (£30 per month)
The Startup plan is aimed at small businesses looking to grow their product offerings. Priced at £30 per month, this plan allows users to list up to 250 products in their store. The significant increase in product listings makes it a viable option for those ready to expand their business.
The Startup plan also includes automated order processing and premium support, which can save time and improve customer service.
However, like the Free plan, there is a 5% transaction fee on each sale.
Pro plan (£67 per month)
The Pro plan is designed for businesses that have established a strong online presence and are looking to scale further. At £67 per month, this plan allows users to list up to 5,000 products, making it ideal for retailers who want to offer a wide variety of items.
One of the key benefits of the Pro plan is the reduced transaction fee, which drops to 2%. This reduction can significantly impact profit margins for businesses with high sales volumes.
The Pro plan also includes advanced features such as premium suppliers, which offer faster shipping times and higher-quality products.
Platinum plan (£107 per month)
The Platinum plan is Modalyst’s most comprehensive offering, catering to large-scale businesses and enterprises. At £107 per month, it offers unlimited product listings, allowing businesses to maximise their product range without restrictions. The transaction fee is further reduced to 1%, providing substantial savings on each sale.
The Platinum plan includes all the features of the Pro plan, along with access to exclusive suppliers and customised branding options, which can help businesses differentiate themselves in a competitive market.
Choosing the right plan for your business
Selecting the appropriate Modalyst plan depends largely on your business size, goals, and budget. Here are a few considerations to help you make an informed decision:
- Start small if you’re new: If you’re just beginning your dropshipping journey, the Free plan is a risk-free way to get started. It allows you to understand how the platform works and to test which products sell best without any financial commitment.
- Scale up as you grow: As your business begins to grow and you start to see consistent sales, upgrading to the Startup or Pro plan will provide the additional features and product listings needed to expand your inventory and improve operational efficiency.
- Invest in high volume: For businesses that already have a large customer base and are processing a significant number of orders, the Platinum plan offers the best value. The low transaction fees and unlimited product listings can help maximise profits and support sustained growth.
Conclusion – Modalyst pricing review
Modalyst offers flexible pricing plans that can accommodate businesses at various stages of their dropshipping journey. Whether you are just starting out or looking to scale your existing business, understanding the features and limitations of each plan is key to choosing the one that aligns best with your business goals. By carefully considering your needs and budget, you can leverage Modalyst to optimise your product offerings, streamline your operations, and drive your dropshipping success.
If you’re just getting started with dropshipping, see our explainer for ecommerce fulfilment options. For more, see our list of the best dropshipping suppliers in London, or our guide to ecommerce fulfilment costs.
Modalyst pricing FAQ
Modalyst does not charge any hidden fees beyond the monthly subscription cost and the transaction fee. However, you may incur additional costs for third-party integrations or apps you choose to use alongside Modalyst, which may have their own fees.
Yes, Modalyst allows you to upgrade or downgrade your plan at any time. Any changes to your subscription will be prorated based on your current billing cycle, allowing flexibility as your business needs change.
Modalyst does not offer a traditional trial period for its paid plans. However, you can start with the Free plan, which provides basic features, and then decide if upgrading to a paid plan meets your business needs.
Modalyst does not publicly advertise specific discounts for non-profits or educational institutions. However, interested organisations can contact Modalyst directly to inquire about potential discounts or special pricing arrangements.
Modalyst’s refund policy states that refunds are generally not provided for cancelled subscriptions. If you cancel your subscription, you will continue to have access to your plan’s features until the end of the current billing period, but no refund is issued.
Modalyst’s plans are designed for a single store per account. If you operate multiple online stores, you will need a separate subscription for each store. This ensures that each store can manage its own product listings and transactions independently.
While the Free plan offers limited support compared to the paid plans, users still have access to the Modalyst Help Centre, which includes tutorials, FAQs, and community forums. Paid plans, like Startup and Pro, provide priority support for more immediate assistance.
Modalyst accepts various payment methods for subscription fees, including major credit cards such as Visa, MasterCard, and American Express. Payment is processed through a secure platform, and subscription fees are billed automatically based on the selected billing cycle.
Modalyst’s pricing is competitive compared to other dropshipping platforms. The Free plan is unique for entry-level users, while the Startup, Pro, and Platinum plans provide scalability with advanced features and lower transaction fees. Users should compare specific features and fees relevant to their needs.
Shipping costs through Modalyst are not included in the subscription fee and will vary based on the supplier, product, and shipping destination. Modalyst provides shipping cost estimates in the product catalogue, allowing businesses to factor in these costs when pricing products.