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.
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. Let’s say you want to optimize the business. You will need to reduce your lead time and shipping times, and make sure your products are high quality. It can be challenging, but it can be done.
That’s what Spocket is planning to solve. But how is it different from the other platforms? You’ll find all the information you need here. We’ll look into its features, prices, 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. You’ll find all you need to know about Spocket here.
But if you prefer to read, then let’s get right to it!
Spocket: A brief overview Martin 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. Spocket is a dropshipping platform that was launched in 2017.
It’s very popular in Europe and the USA, but that doesn’t limit its scope. 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.
It is popular because it is so different from other platforms.
Spocket allows entrepreneurs to easily collect information with 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.
You can find numerous suppliers on this platform. Spocket lets you request a sample to verify the product’s quality. There are even discounts for some suppliers if you buy from them a certain amount.
Not every platform is right for every 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. 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 provides automated services to assist you not only with your sale, but also with nearly every step of the process. 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.
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 allows you to set your profit rate. Spocket also offers a Mark-Up tool, which allows you to calculate your profit using certain metrics.
Finding the products you want to sell can be difficult, especially if you want to lessen the time browsing for the right one. It can also be annoying going through every one of them manually, especially if you’re selling multiple products.
Spocket has a dashboard that allows you to order your products with only a few steps.
Moreover, they have a growing product database. This platform allows you to sell a wide range of products. They have stated that they are still looking 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. 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.
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. You’ll be able to keep track of everything between your customers and suppliers while lessening the parcel’s ETA.
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.
It is not possible for everyone to just sell their products online. It can be a lengthy process for merchants. Spocket’s criteria don’t apply to you.
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. There’s a lot of verification during the application.
Their team will go back and forth with you a lot of times. 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.
If you’re a merchant, this should help you feel more confident with their quality. They also included a step to increase merchant security: product samples.
Even if you have a reliable supplier, buying in blind can be dangerous. Sometimes, the products they sell are good, but just not what you were expecting. Before you commit to big orders, Spocket allows you to order a sample first from your potential supplier easily.
Spocket has everything you need to manage your dropshipping business. But, not all entrepreneurs want to take it to the next level. Some tools help you do certain things that may not be within Spocket’s cope. Or it could be you want to use an additional platform to support your business. Below are the platforms that you can integrate.
- KMO Shops
What’s the Profit Margin?
Drop shipping margins can be anywhere from 15% to 45%. These rates are offered by many companies. But if you’re looking to maximize your revenue, Spocket offers a 30% to 60% profit margin. You’ll earn more income every time you place an order as a retailer.
What is the cost?
Sprocket currently offers four pricing plans: The Free Trial (Starter, Pro, or Empire). Let’s look at each of their differences.
Try it Free of Charge
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. These 14-day free trials can be very useful!
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. You can access 25 Spocket products and email support for $24.99
One of the perks of using this plan is that it allows you to import up to 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. 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.
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: Pros and 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 integrates seamlessly with other platforms
- Profit margins of 30% to 60%
- Enables you to request product samples 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.
- 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.
- Product branding and packaging 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 a good option if you’re looking for a platform for your dropshipping business. Spocket is ideal for European and American markets. If most of your customers are elsewhere, then there would be other options you can choose from. Martin Spocket
Moreover, the integrations are limited. If you’re not using those, you might end up having a hard time. You might have to make some changes. Martin Spocket
But considering everything else, Spocket is very convenient and reliable. 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. 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.
Spocket is a great choice, especially for dropshipping. Spocket can be integrated with other platforms to make dropshipping easier.
FAQ Martin Spocket
Do you have bulk export options?
Yes. You can do this by exporting all your orders in a CSV file. It can be uploaded to your preferred shipping platform.
Do orders go straight to my Spocket account?
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 account?
You can cancel it anytime you want. There are no monthly contracts when you subscribe to Spocket.