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. In that case, you need to lessen your lead and shipping times and ensure your products have excellent quality. It can be challenging, but it can be done.
Spocket is attempting to solve this problem. How is Spocket different from other platforms? Here, you’ll find all the answers you need. 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 Spocket Logo
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.
Although it is very popular in the USA and Europe, it can be used anywhere. Anyone from anywhere can use this tool to elevate 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 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. 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’re glad you are here to learn if Spocket is right for your business. Let’s take a look at the main areas Spocket can help your business in the next section.
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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.
Automated Services
Virtually everything is being 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. 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.
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 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.
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. 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.
You should also note that the majority of their products are located in the US and Europe. These regions account for approximately 60% of suppliers. 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. 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.
Qualified Suppliers
Selling a product that isn’t up to standard can be frustrating. The product may look great in the picture, but it will be very different once the customer gets it. Spocket is a difficult process for suppliers.
Not everyone can just market their products here. 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 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. They also included a step to increase merchant security: product samples.
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Product Samples
Buying in blind is risky, despite having a credible supplier. 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.
Integrations
Even if you have everything you need with Spocket to run your dropshipping business, some entrepreneurs want to kick things up a notch. Spocket may not allow you to do some things. Or it could be you want to use an additional platform to support your business. These are some of the platforms you can integrate.
- Shopify
- Alibaba
- Wix
- KMO Shops
- BigCommerce
- WooCommerce
- AliExpress
- Squarespace
- Felex
- Square
- Ecwid
What is 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?
Currently, Sprocket offers four pricing plans – The Free Trial, Starter, Pro, and Empire. Let’s take a look at the differences between each plan.
Try it Free of Charge
Are you unsure if Spocket is the right fit for your needs? You can start with a 14-day trial to see if Spocket is right for you before you decide to buy 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.
Starter
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.
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Pro
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.
You can also get real-time inventory updates and tracking numbers. There are also global pricing rules. By the way, they also allow you to have branded invoicing.
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. This plan is a huge leap from 250 and it’s why it costs $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.
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.
- 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.
- Inventory levels updated.
- Provide real-time notifications
- 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 is not always possible. Some eCommerce platforms don’t support integration.
- Packaging and branding cannot be customized.
- Suppliers can only be contacted through Spocket.
- 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. 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. Spocket Logo
The integrations are also limited. You might have trouble if you don’t use them. You might have to make some changes. Spocket Logo
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.
Spocket is a great choice, especially for dropshipping. It can be integrated with other platforms, making everything easier for you.
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FAQ Spocket Logo
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.
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. 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. Spocket subscriptions are not subject to monthly contracts.