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.
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. 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. 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.
But if you prefer to read, then let’s get right to it!
Spocket: A brief overview Name Of Tank Spocket Wheel
Let’s take a look at Spocket before we get into the many features. Spocket is a dropshipping platform launched In 2017. 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. This tool can be used by anyone from any country to help you grow your business. Moreover, it can help you cut down your shipment’s ETA.
But why is it so popular, and how different is it 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.
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.
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.
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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. For now, we’ll go over their highlights.
Automated Services
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. 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. Additionally, everything is automated, from order shipping, tracking, and coordinating the supplier’s location to the fulfillment center.
If you have a lot of orders, don’t worry about losing them. They will send you an email notification so that you’re in the loop when the supplier has received your order.
Customers are also notified when suppliers release orders, and they arrive at their door.
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.
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. 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. 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. If your customers are mainly based in other areas, this may be one of its negative aspects. 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. You’ll be able to keep track of everything between your customers and suppliers while lessening the parcel’s ETA.
Qualified Suppliers
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!
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. 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. But, they also added another step to make merchants feel more secure – product samples.
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Get 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. Spocket makes it easy to request a sample from potential suppliers before you make big orders.
Integrations
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. You may also want to integrate with another platform to help you run your business. Below are the platforms that you can integrate.
- Shopify
- Alibaba
- Wix
- KMO Shops
- BigCommerce
- WooCommerce
- AliExpress
- Squarespace
- Felex
- Square
- Ecwid
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.
How Much Does it Cost?
Sprocket currently offers four pricing plans: The Free Trial (Starter, Pro, or Empire). Let’s look at each of their differences.
Free Trial
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. If you are looking to cut costs, it’s a great option. These 14-day free trials can be very useful!
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.
Starter
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.
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Pro
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. They also allow for branded invoices.
Empire
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 option allows you to grow your business at a very high price.
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.
Pros
- 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.
- 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.
- Updated inventory levels.
- Offer real-time notification.
- Helps you from selling discontinued or sold-out products through updated inventory management.
Cons
- Shipping outside Europe and the US can take more time and cost more
- 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.
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. There are other options if your customers live elsewhere. Name Of Tank Spocket Wheel
The integrations are also limited. You might have trouble if you don’t use them. You might have to make some changes. Name Of Tank Spocket Wheel
Spocket is reliable and convenient, even if you consider all the other aspects. 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. 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.
Spocket is a great choice, especially for dropshipping. Spocket can be integrated with other platforms to make dropshipping easier.
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FAQ Name Of Tank Spocket Wheel
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 be sent 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. Spocket subscriptions are not subject to monthly contracts.