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. You must also keep track of all orders, adhere to your brand’s identity and develop a 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.
That’s what Spocket is planning to solve. But how is it different from the 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! Check out this video by Knowledge by Marcus on YouTube – they also delve into Spocket’s features. You’ll find all you need to know about Spocket here.
But if you prefer to read, then let’s get right to it!
Spocket: A brief overview Tiger Spocket Y Wing
Before we delve into Spocket’s many features, let’s first look at what exactly it is. 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 allows entrepreneurs to easily collect information with 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. There are even discounts for some suppliers if you buy from them 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.
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 is a core function and perhaps the most prominent feature of their products. Why? Because it’s the feature that will make or break 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.
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.
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. 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. 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. 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.
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. 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. There’s a lot of verification during the application.
They will be back and forth many times with you. 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. 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. Before you commit to big orders, Spocket allows you to order a sample first from your potential supplier easily.
Even if you have everything you need with Spocket to run your dropshipping business, some entrepreneurs want to kick things up a notch. Some tools help you do certain things that may not be within Spocket’s cope. Or it could be you want to use an additional platform to support 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. 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
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.
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.
This plan allows you to import up 25 Spocket products. Moreover, you’ll have 24/7 customer support and be subject to complete product orders.
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.
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.
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: 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 integrates 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.
- 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.
- Offer real-time notification.
- 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.
- The final price does not include taxes and duties from customs.
Is Spocket Right for You? – The Final Verdict
Spocket is a good option if you’re looking for a platform for your dropshipping business. 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. Tiger Spocket Y Wing
Moreover, the integrations are limited. You might have trouble if you don’t use them. Otherwise, you might need to change a few things. Tiger Spocket Y Wing
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.
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. 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.
FAQ Tiger Spocket Y Wing
Do you have bulk export options?
Yes. Export all orders to 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 account?
It is possible to cancel your subscription at any time. There are no monthly contracts when you subscribe to Spocket.