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. Let’s say you want to optimize the 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. Spocket may be right for you.
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!
A Brief Overview of Spocket What Is Spocket Dropshipping
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. It can also help reduce the time it takes to ship your order.
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. 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’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.
In the next section, we’ll discuss the features that you can use for each pricing plan. For now, we’ll go over their highlights.
Automated Services
Virtually everything is being digitized. Not only is that more convenient, but it also has 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.
Like any dropshipping platform, they allow you to customize the procedure. They make sure everything is streamlined. Everything is also automated, including order shipping, tracking and coordination of the supplier’s location to fulfillment center.
If you have a lot of orders, don’t worry about losing them. 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 allows you to set your profit rate. Spocket also offers a Mark-Up tool, which allows you to calculate your profit using certain 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 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. 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.
Qualified Suppliers
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. Spocket is a difficult process for suppliers.
It is not possible for everyone to just sell their products online. It can be a lengthy process for merchants. Spocket’s criteria don’t apply to you.
You must first establish yourself as a supplier to this platform. Only legitimate companies can 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.
Their team will go back and forth with you a lot of times. 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. 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. But, they also added another step to make merchants feel more secure – product samples.
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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.
Integrations
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. These are some of the platforms you can integrate.
- Shopify
- Alibaba
- Wix
- KMO Shops
- BigCommerce
- WooCommerce
- AliExpress
- Squarespace
- Felex
- Square
- Ecwid
What’s the Profit Margin?
Usually, drop shipping margins are at 15% to 45%. These rates are offered by many companies. 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?
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? Then you should start off with their 14-day free trial before you commit to 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. 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. You can access 25 Spocket products and email support for $24.99
One of the perks of using this plan is that it allows you to import up to 25 Spocket products. Moreover, you’ll have 24/7 customer support and be subject to complete product orders.
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Pro
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. They also allow for branded invoices.
Empire
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. 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.
Pros
- Spocket offers a 14-day free trial.
- It integrates seamlessly with other platforms
- Offers a 30% to 60% profit margin
- Enables you to request product samples from potential suppliers.
- Suppliers are mostly in Europe and the US.
- The products are converted into the currency of your store.
- 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.
- Helps you from selling discontinued or sold-out products through updated inventory management.
Cons
- Shipping to the USA and Europe can be more expensive and take longer.
- Integration can be limited. Some eCommerce platforms don’t support integration.
- Product branding and packaging 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. If most of your customers are elsewhere, then there would be other options you can choose from. What Is Spocket Dropshipping
The integrations are also limited. You might have trouble if you don’t use them. Otherwise, you might need to change a few things. What Is Spocket Dropshipping
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. 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. Spocket can be integrated with other platforms to make dropshipping easier.
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FAQ What Is Spocket Dropshipping
Are there 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 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?
It is possible to cancel your subscription at any time. Spocket subscriptions are not subject to monthly contracts.
