Dropshipping is a business that requires you to be aware of many factors. It is important to ensure that your products are of high quality and can be delivered on schedule. Apart from that, you have to keep track of your orders, be consistent with your brand’s identity, and have a good marketing strategy.
Whatever dropshipping model you’re following, you need to be sure you have the right resources to keep everything up and running. But suppose you want to optimize your business. In that case, you need to lessen your lead and shipping times and ensure your products have excellent quality. Although it may seem difficult, it is possible.
That’s what Spocket is planning to solve. But how is it different from the other platforms? Here, you’ll find all the answers you need. We will examine its features, pricing, and pros and cons. We’ll help you figure out if Spocket is right for your business.
Not an avid reader? We got you covered! This video by Knowledge by Marcus on YouTube also explores Spocket’s features. Spocket is a great tool for sharing information.
But if you prefer to read, then let’s get right to it!
Spocket: A brief overview Front Belt Drive Spocket For 2021 Street 750
Before we delve into Spocket’s many features, let’s first look at what exactly it is. Spocket was launched in 2017 as a dropshipping platform. It’s an all-in-one tool that can be used by drop shippers and eCommerce entrepreneurs.
Although it is very popular in the USA and Europe, it can be used anywhere. This tool can be used by anyone from any country to help you grow your business. It can also help reduce the time it takes to ship your order.
But why is it so popular, and how different is it from other platforms?
Spocket helps entrepreneurs easily collect with their suppliers and customers. They can quickly sort and send their orders to their fulfillment centers. This is the most difficult and complicated aspect of eCommerce.
This platform allows you to find many suppliers. If you’re not sure about their quality, Spocket allows you to ask for a sample first to check the quality of the product. Some suppliers offer discounts if you purchase a certain amount.
However, not every platform is fit for every type of business. We know you’re here to find out if it’s right for you. To help you, let’s look into the key areas Spocket helps your business in the next section.
How can Spocket help you?
Spocket offers many features. Although their services vary depending on your chosen plan, the starter pack should help you get on track if you’re still starting with dropshipping.
In the next section, we’ll discuss the features that you can use for each pricing plan. We’ll now go over the highlights.
Almost everything is becoming digitized. This is not only more convenient but also leaves less room for error. Spocket provides automated services to assist you not only with your sale, but also with nearly every step of the process. That means your pricing, checkout, fulfillment, and even shipping are all automated!
It’s one of their core functions and possibly the most highlighted feature. Why? It’s the most important feature in your business.
Like any dropshipping platform, they allow you to customize the procedure. Everything is made easy. Everything is also automated, including order shipping, tracking and coordination of the supplier’s location to fulfillment center.
If you have a lot of orders, don’t worry about losing them. You will receive an email notification from them when your order has been received by the supplier.
Also, customers are updated and notified as soon as the suppliers release their orders until they are delivered to their doorstep.
Spocket allows you to set your profit rate. They have a Mark-Up tool that helps you calculate your profit based on some metrics.
Finding the products you want to sell can be difficult, especially if you want to lessen the time browsing for the right one. If you sell multiple products, it can be frustrating to go through each one manually.
Spocket offers a dashboard that makes it easy to order products in just a few clicks.
They also have an expanding product database. Currently, there are already a ton of different products you can sell through this platform. But, they’ve mentioned that they’re still planning to expand. You won’t have any trouble finding what your looking for because everything is categorized.
However, you should note that most of their products are within the US or Europe. About 60% of the suppliers are based in these regions. This could be a problem if your customers are mostly located in other regions. Although you can still ship them to other countries, your shipping processes and order fulfillment may not be smooth.
However, if your market is within these regions, you’re in luck. There’s a big chance that your customers live nearby those fulfillment centers. This will allow you to track everything between customers and suppliers, while reducing the parcel’s delivery time.
It can be frustrating to sell a product that doesn’t hold up to its quality. The product may look great in the picture, but it will be very different once the customer gets it. That’s why Spocket has a challenging process for suppliers.
Not everyone can just market their products here. Merchants have to go through a process that can take a while. Spocket’s criteria don’t apply to you.
First, if you plan to become a supplier on this platform, you have to establish yourself as one. Only legal companies are allowed to sign up for this. Even if you’re one, it doesn’t necessarily mean that you have passed. There’s a lot of verification during the application.
Their team will go back and forth with you a lot of times. They need to make sure that you meet all of their requirements. They will check your credentials, products’ pricing and quality, their availability, and your supplying capabilities. It’s a lengthy process, but that just means they make sure their marketplace isn’t selling dodgy products.
This should make you feel more confident about the quality of your products if you are a merchant. But, they also added another step to make merchants feel more secure – product samples.
Buying in blind is risky, despite having a credible supplier. Sometimes the products they sell may not be what you expected. Before you commit to big orders, Spocket allows you to order a sample first from your potential supplier easily.
Even if you have everything you need with Spocket to run your dropshipping business, some entrepreneurs want to kick things up a notch. Spocket may not allow you to do some things. You may also want to integrate with another platform to help you run your business. These are some of the platforms you can integrate.
- KMO Shops
What’s the Profit Margin?
Usually, drop shipping margins are at 15% to 45%. Numerous companies offer these rates. Spocket has a 30%-60% profit margin if you want to maximize your revenue. Every time you complete an order as a retailer, you’ll generate more income without having to increase your operational costs.
How Much Does it Cost?
Currently, Sprocket offers four pricing plans – The Free Trial, Starter, Pro, and Empire. Let’s take a look at the differences between each plan.
Not sure if Spocket is right for you? Then you should start off with their 14-day free trial before you commit to a plan. It’s also a good option if you want to save on costs. Those free 14 days can come in handy!
Spocket offers a 14-day free trial that allows you to try their standard, enterprise, and pro features. You can use their 24/7 chat support and the AliExpress Dropshipping feature.
If you are looking to increase your sales, the Starter Plan may be a good choice. At $24.99, you can use 25 products from Spocket and email support.
One of the perks of using this plan is that it allows you to import up to 25 Spocket products. Moreover, you’ll have 24/7 customer support and be subject to complete product orders.
If you want to sell beyond 25 products to your eCommerce store, you should upgrade to the Pro plan. You can import up to 250 products into your eCommerce store for as low as $49.99.
You can also get real-time inventory updates and tracking numbers. There are also global pricing rules. By the way, they also allow you to have branded invoicing.
The Empire plan may be the right choice for you if 250 import products are too small for your company. You can have up to 10,000 unique and premium products through this plan. It’s a giant leap from 250, which is why it’s priced at $99.99. This is the most expensive option, allowing you to expand your business.
Summary: The Pros and the Cons
Let’s now look at Spocket’s Pros and Cons and see if it’s the right platform for you dropshipping business.
- Spocket offers a 14-day free trial.
- It integrates seamlessly with other platforms
- Offers a 30% to 60% profit margin
- Enables you to request product samples from potential suppliers.
- Suppliers are mostly in Europe and the US.
- Products are converted to your store’s currency.
- Allows you to have your branded invoice.
- The onboarding process for suppliers is strict and requires a lot of verification and background check.
- Inventory levels updated.
- Provide real-time notifications
- Helps you from selling discontinued or sold-out products through updated inventory management.
- Shipping to the USA and Europe can be more expensive and take longer.
- Integration can be limited. Some eCommerce platforms don’t support integration.
- Packaging and branding cannot be customized.
- Suppliers can only be contacted through Spocket.
- Taxes and duties from customs are not included in the final price.
Spocket is right for you? – The Final Verdict
Spocket is a good option if you’re looking for a platform for your dropshipping business. However, it’s perfect for you if your market is based in the US and Europe. If most of your customers are elsewhere, then there would be other options you can choose from. Front Belt Drive Spocket For 2021 Street 750
The integrations are also limited. If you’re not using those, you might end up having a hard time. Otherwise, you might need to change a few things. Front Belt Drive Spocket For 2021 Street 750
Spocket is reliable and convenient, even if you consider all the other aspects. It has an easy-to-use interface. You have access to the tools you need to grow your business.
Spocket’s best feature is their strictness with suppliers. That means everyone who passed the application can be trusted. To verify that the quality of suppliers is consistent with their claims, you can ask for samples.
Overall, Spocket is recommended, especially if you’re just starting with dropshipping. It can be integrated with other platforms, making everything easier for you.
FAQ Front Belt Drive Spocket For 2021 Street 750
Are there bulk export options?
Yes. Export all orders to a CSV file. It can be uploaded to your preferred shipping platform.
Do orders go straight to my Spocket account?
Yes. They will be sent directly to your account. Every time an order is received by Spocket, you will receive an email notification.
Can I cancel my Spocket subscription?
It is possible to cancel your subscription at any time. Spocket subscriptions are not subject to monthly contracts.