There are several factors to consider when you’re running a dropshipping business. 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.
Whatever dropshipping model you’re following, you need to be sure you have the right resources to keep everything up and 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. Although it may seem difficult, it is possible.
Spocket is attempting to solve this problem. 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! 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!
A Brief Overview of Spocket Spocket Integration With Etsy
Before we delve into Spocket’s many features, let’s first look at what exactly it is. 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 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. There are even discounts for some suppliers if you buy from them a certain amount.
Not every platform is right for every 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 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. 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 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.
It can be hard to find the products that you want to market. 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.
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. About 60% of the suppliers are based in these regions. 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. 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.
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.
It is not possible for everyone to just sell their products online. It can be a lengthy process for merchants. 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. 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.
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. 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. 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.
- KMO Shops
What’s the Profit Margin?
Usually, drop shipping margins are at 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. 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 look at each of their differences.
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!
The 14-day free trial allows you to use Spocket’s standard, pro, or enterprise features. You can use their 24/7 chat support and the AliExpress Dropshipping feature.
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.
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.
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: 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
- 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.
- Allows you to have your branded invoice.
- Supplier onboarding is rigorous and involves extensive background checks and verification.
- Updated inventory levels.
- Offer real-time notification.
- Through updated inventory management, it will help you sell discontinued products or out-of-stock items.
- Shipping outside Europe and the US can take more time and cost more
- Integration is not always possible. Some eCommerce platforms don’t support integration.
- Product branding and packaging cannot be customized.
- Spocket is the only way to contact suppliers.
- The final price does not include taxes and duties from customs.
Spocket is right for you? – The Final Verdict
Spocket is an excellent platform for dropshipping businesses. 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. Spocket Integration With Etsy
Moreover, the integrations are limited. You might have trouble if you don’t use them. You might have to make some changes. Spocket Integration With Etsy
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.
The best part about Spocket is that they are strict with their suppliers. This means that anyone who has submitted an 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. It can be integrated with other platforms, making everything easier for you.
FAQ Spocket Integration With Etsy
Do you have bulk export options?
Yes. Export all orders to 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 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. Spocket subscriptions are not subject to monthly contracts.