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. 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. It can be challenging, but it can be done.
That’s what Spocket is planning to solve. How is Spocket different from 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! 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 Rim Spocket
Let’s take a look at Spocket before we get into the many features. 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. 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.
It is popular because it is so different from other platforms.
Spocket allows entrepreneurs to easily collect information with 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. Let’s take a look at the main areas Spocket can help your business in the next section.
How can Spocket Help You?
Spocket has plenty of features available. 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.
We’ll look into the specific features you can use per pricing plan in the next section. For now, we’ll go over their 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’s one of their core functions and possibly the most highlighted feature. Why? Because it’s the feature that will make or break your business.
They allow you to personalize the process, just like any dropshipping platform. Everything is made easy. 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. You will receive an email notification from them when your order has been received by the supplier.
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.
It can be hard to find the products that you want to market. 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. They have stated that they are still looking to expand. Everything’s categorized, so you won’t have trouble finding what you’re looking for.
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.
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.
You must first establish yourself as a supplier to this platform. 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.
They will be back and forth many times with you. They will need to ensure that you fulfill all their requirements. They will check your credentials, products’ pricing and quality, their availability, and your 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. They also included a step to increase merchant security: 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.
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. 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%. Numerous companies offer these rates. 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?
Currently, Sprocket offers four pricing plans – The Free Trial, Starter, Pro, and Empire. Let’s look at each of their differences.
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. 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. Spocket offers 24/7 chat support and AliExpress Dropshipping.
The Starter Plan might be a good option if you want to boost your sales. 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. They also allow for branded invoices.
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 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.
- Spocket offers a 14-day free trial.
- It can integrate seamlessly with other platforms
- Profit margins of 30% to 60%
- 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.
- You can have your own 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 can be limited. Some eCommerce platforms aren’t supported.
- Product branding and packaging 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 an excellent platform for dropshipping businesses. However, it’s perfect for you if your market is based in the US and Europe. There are other options if your customers live elsewhere. Rim Spocket
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. Rim Spocket
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. 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. It can be integrated with other platforms, making everything easier for you.
FAQ Rim Spocket
Are there 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 subscription?
You can cancel it anytime you want. There are no monthly contracts when you subscribe to Spocket.