There are several factors to consider when you’re running a dropshipping business. It is important to ensure that your products are of high quality and can be delivered on schedule. You must also keep track of all orders, adhere to your brand’s identity and develop a marketing strategy.
No matter what dropshipping model or business model you are using, it is important to ensure that you have enough resources to keep your business 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.
That’s what Spocket is planning to solve. 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. Spocket may be right for you.
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.
If you prefer to read, let’s get to it!
A Brief Overview of Spocket Martin Spocket 40Bs9
Let’s take a look at Spocket before we get into the many features. Spocket is a dropshipping platform launched In 2017. Spocket is a dropshipping platform that was launched in 2017.
Although it is very popular in the USA and Europe, it can be used anywhere. Anyone from anywhere can use this tool to elevate 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. Spocket lets you request a sample to verify the product’s quality. 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 has plenty of features available. 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.
Almost everything is becoming digitized. Not only is that more convenient, but it also has less room for error. Spocket offers automated services not just to help you with your sale but with almost every process along the way. This means that your pricing, checkout and fulfillment as well as shipping can all be 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.
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 also allows you to define your standard 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 has a dashboard that allows you to order your products with only a few steps.
They also have an expanding product database. This platform allows you to sell a wide range of products. 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. If your customers are mainly based in other areas, this may be one of its negative aspects. You can still ship them overseas, but shipping and fulfillment might not go smoothly.
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. You’ll be able to keep track of everything between your customers and suppliers while lessening the parcel’s ETA.
Selling a product that isn’t up to standard can be frustrating. It may look nice in the photo but very different when the customer receives 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. So, if you don’t qualify with Spocket’s standards, then you’re out!
You must first establish yourself as a supplier to this platform. Only legitimate companies can sign-up for this. If you are one, that doesn’t mean you already passed. The application requires a lot more verification.
They will be back and forth many times with you. They will need to ensure that you fulfill all their requirements. They will verify your qualifications, pricing, quality, availability, and supplying capabilities. Although it is a long process, they will make sure that their market doesn’t sell any questionable 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.
Get 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.
Spocket has everything you need to manage your dropshipping business. But, not all entrepreneurs want to take it to the next level. 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 is 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.
What is the 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.
Try it Free of Charge
Are you unsure if Spocket is the right fit for your needs? 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.
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.
This plan allows you to import up 25 Spocket products. You’ll also have access to 24/7 customer support and 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.
There are also real-time inventory updates, tracking numbers, and 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. This plan allows you to have as many as 10,000 premium, unique products. 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
So with all that, let’s summarize Spocket’s Pros and Cons to identify if this platform is what you need for your dropshipping business.
- Spocket offers a free 14-day 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.
- Most suppliers are located 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.
- Updated inventory levels.
- 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 is not always possible. Some eCommerce platforms aren’t supported.
- Packaging and branding cannot be customized.
- Spocket is the only way to contact suppliers.
- Taxes and duties from customs are not included in the final price.
Is Spocket 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. Martin Spocket 40Bs9
Moreover, the integrations are limited. You might have trouble if you don’t use them. You might have to make some changes. Martin Spocket 40Bs9
But considering everything else, Spocket is very convenient and reliable. Not only that, it has a user-friendly interface. You have access to the tools you need to grow your business.
Spocket’s best feature is their strictness with suppliers. This means that anyone who has submitted an 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. Spocket can be integrated with other platforms to make dropshipping easier.
FAQ Martin Spocket 40Bs9
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.
Do orders go straight to my Spocket account?
Yes. They will go 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. There are no monthly contracts when you subscribe to Spocket.