Dropshipping is a business that requires you to be aware of many factors. You always need to make sure your product has good quality and at the same time make sure that they can be delivered on time. 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. You will need to reduce your lead time and shipping times, and make sure your products are high quality. Although it may seem difficult, it is possible.
Spocket is attempting to solve this problem. How is Spocket different from 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! Check out this video by Knowledge by Marcus on YouTube – they also delve into 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 Go’D Spocket
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.
It’s very popular in Europe and the USA, but that doesn’t limit its scope. Anyone from anywhere can use this tool to elevate your business. It can also help reduce the time it takes to ship your order.
It is popular because it is so different from other platforms.
Spocket helps entrepreneurs easily collect with their suppliers and customers. With a few clicks, they can sort their list of orders and send it to their fulfillment centers, which is one of the most complex and most complicated aspects of eCommerce.
You can find numerous suppliers on this platform. If you’re not sure about their quality, Spocket allows you to ask for a sample first to check the quality of the product. There are even discounts for some suppliers if you buy from them 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. Let’s take a look at the main areas Spocket can help your business in the next section.
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How can Spocket help you?
Spocket offers many features. While their services may vary depending on which plan you choose, the starter pack will help you get started 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.
Automated Services
Virtually everything is being digitized. This is not only more convenient but also leaves less room for error. Spocket offers automated services not just to help you with your sale but with almost every process along the way. That means your pricing, checkout, fulfillment, and even shipping are all automated!
It is a core function and perhaps the most prominent feature of their products. Why? It’s the most important feature in your business.
They allow you to personalize the process, just like any dropshipping platform. They make sure everything is streamlined. Everything is also automated, including order shipping, tracking and coordination of the supplier’s location to fulfillment center.
Don’t worry about losing track of them if you have tons of orders. They will send you an email notification so that you’re in the loop when the supplier has received your order.
Also, customers are updated and notified as soon as the suppliers release their orders until they are delivered to their doorstep.
Spocket also allows you to define your standard profit rate. Spocket also offers a Mark-Up tool, which allows you to calculate your profit using certain metrics.
Cataloged Products
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 has a dashboard that allows you to order your products with only a few steps.
Moreover, they have a growing 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. These regions account for approximately 60% of suppliers. 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.
If your market is in these areas, however, you are 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.
Qualified Suppliers
Selling a product that isn’t up to standard can be frustrating. The product may look great in the picture, but it will be very different once the customer gets it. Spocket is a difficult 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. If you are one, that doesn’t mean you already passed. The application requires a lot more verification.
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. They also included a step to increase merchant security: product samples.
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Product Samples
Even if you have a reliable supplier, buying in blind can be dangerous. Sometimes the products they sell may not be what you expected. Spocket makes it easy to request a sample from potential suppliers before you make big orders.
Integrations
Even if you have everything you need with Spocket to run your dropshipping business, some entrepreneurs want to kick things up a notch. Some tools help you do certain things that may not be within Spocket’s cope. You may also want to integrate with another platform to help you run your business. These are some of the platforms you can integrate.
- Shopify
- Alibaba
- Wix
- KMO Shops
- BigCommerce
- WooCommerce
- AliExpress
- Squarespace
- Felex
- Square
- Ecwid
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. You’ll earn more income every time you place an order as a retailer.
What is the cost?
Currently, Sprocket offers four pricing plans – The Free Trial, Starter, Pro, and Empire. Let’s look at each of their differences.
Free Trial
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!
The 14-day free trial allows you to use Spocket’s standard, pro, or enterprise features. Spocket offers 24/7 chat support and AliExpress Dropshipping.
Starter
The Starter Plan might be a good option if you want to boost your sales. You can access 25 Spocket products and email support for $24.99
This plan allows you to import up 25 Spocket products. You’ll also have access to 24/7 customer support and complete product orders.
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Pro
Upgrade to the Pro plan if you are looking to add more than 25 products to your online store. At $49.99, you’ll have more access to exclusive deals, premium products, and up to 250 products to import into your store.
There are also real-time inventory updates, tracking numbers, and global pricing rules. By the way, they also allow you to have branded invoicing.
Empire
If 250 imported products are still too small for your business, then the Empire plan might be perfect for you. 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 option allows you to grow your business at a very high price.
Summary: Pros and Cons
Let’s now look at Spocket’s Pros and Cons and see if it’s the right platform for you dropshipping business.
Pros
- Spocket offers a 14-day free trial.
- It can integrate seamlessly with other platforms
- Offers a 30% to 60% profit margin
- This allows you to request samples of product from potential suppliers.
- Suppliers are mostly in Europe and the US.
- The products are converted into the currency of your store.
- 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.
Cons
- Shipping to the USA and Europe can be more expensive and take longer.
- Integration is not always possible. Some eCommerce platforms aren’t supported.
- Product branding and packaging cannot be customized.
- Suppliers can only be contacted through Spocket.
- The final price does not include taxes and duties from customs.
Spocket is right for you? – The Final Verdict
Spocket is an excellent platform for dropshipping businesses. 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. Go’D Spocket
The integrations are also limited. You might have trouble if you don’t use them. Otherwise, you might need to change a few things. Go’D Spocket
Spocket is reliable and convenient, even if you consider all the other aspects. Not only that, it has a user-friendly interface. It gives you access to all the tools that you need to grow your company.
Spocket’s best feature is their strictness with suppliers. That means everyone who passed the application can be trusted. Apart from that, you can also ask for suppliers’ samples to make sure their quality is up to par with what they claim.
Overall, Spocket is recommended, especially if you’re just starting with dropshipping. It can be integrated with other platforms, making everything easier for you.
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FAQ Go’D Spocket
Are there bulk export options?
Yes. You can do this by exporting all your orders in a CSV file. You can upload it to your preferred shipping platform.
Are Spocket orders sent directly to my Spocket account or do they go through the other channels?
Yes. They will go directly to your account. Spocket will send you an email notification every time your order comes in.
Can I cancel my Spocket subscription?
It is possible to cancel your subscription at any time. Spocket subscriptions are not subject to monthly contracts.
