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.
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.
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. 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. You’ll find all you need to know about Spocket here.
If you prefer to read, let’s get to it!
A Brief Overview of Spocket Spocket Facebook
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. Anyone from anywhere can use this tool to elevate 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. 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. 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.
However, not every platform is fit for every type of business. We’re glad you are here to learn if Spocket is right for your business. 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. 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. This is not only more convenient but also leaves 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’s one of their core functions and possibly the most highlighted feature. Why? It’s the most important feature in 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.
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.
Customers are also notified when suppliers release orders, and they arrive at their door.
Spocket allows you to set your profit rate. They have a Mark-Up tool that helps you calculate your profit based on some 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 offers a dashboard that makes it easy to order products in just a few clicks.
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. 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. About 60% of the suppliers are based in these regions. This could be a problem if your customers are mostly located in other regions. 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. It’s possible that your customers are located near these 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. 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 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 need to make sure that you meet all of 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.
Get Product Samples
Buying in blind is risky, despite having a credible supplier. 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’s the Profit Margin?
Drop shipping margins can be anywhere from 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.
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.
Try it Free of Charge
Not sure if Spocket is right for you? You can start with a 14-day trial to see if Spocket is right for you before you decide to buy 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. 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.
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.
Upgrade to the Pro plan if you are looking to add more than 25 products to your online store. 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.
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. This plan is a huge leap from 250 and it’s why it costs $99.99. This is the most expensive option, allowing you to expand your business.
Summary: The Pros and the 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 free 14-day 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.
- Suppliers are mostly 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 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.
Spocket is 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. Spocket Facebook
The integrations are also limited. If you’re not using those, you might end up having a hard time. You might have to make some changes. Spocket Facebook
But considering everything else, Spocket is very convenient and reliable. It has an easy-to-use 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.
FAQ Spocket Facebook
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 be sent directly to your account. Every time an order is received by Spocket, you will receive an email notification.
Can I cancel my Spocket subscription?
You can cancel it anytime you want. Spocket subscriptions are not subject to monthly contracts.