Dropshipping is a way to make money out of buying and selling products & services without actually paying for them upfront. The concept has gained popularity and has now become mainstream and for the right reasons.
You sell things by purchasing it from a third party and sending them over to your customer’s delivery details directly. Hence, no need to stock up your inventory prior to any orders being made. It not only saves you from the trouble of managing your stocks, but secures the money that would have been probably spent on the products no one wants. With dropshipping services you can very easily select from a wide range of products to sell, complete & ship orders, track them, manage accounts and so much more.
One such dropshipping platform is Spocket which dropships original US and EU products. We have written a detailed Spocket review which covers pointers like features, pricing & plans, user interface and experience, integrations, spocket for dropshippers, suppliers & affiliates along with customer support.
What is Spocket?
Spocket is a well-known dropshipping platform which was founded in 2017 and has headquarters in Vancouver. It offers a wide range of products and suppliers from all around the world you can choose to trade with, do brand invoicing, connect with fulfillment centers and integrate with tons of platforms such as Alibaba, Aliexpress, and Squarespace, Shopify, WooCommerce, Wix, etc. The platform makes creating and launching your eCommerce store a simple and straightforward process.
Spocket – Features
The platform offers a plethora of useful features and great specs when it comes to dropshipping products for sellers, suppliers, as well as affiliates.
Wide Variety Of Products
Spocket’s listing catalog includes tons of different products in varying categories. The available departments for dropshipping commodities are Bath & Beauty, Jewelry & Watches, Toys, Pets, Accessories, Bags & Wallets, Footwear, Automotive, Clothing, Gifts, Home & Garden, etc.
Generous Samples Of Products
One of the benefits of using Spocket’s services is that you can order product samples before sanctioning the deal with suppliers. For every single item available on Spocket, you can process up to 5 samples per order. Not only can you test the products to be sure about it, upon satisfaction, you can click the photographs for sales and promotions without any additional cost.
Global Suppliers Community
Spocket has a community of more than 60,000 online dropship retailers. You can supply your products to these massive groups of retailers and expand your business venture. It is totally free therefore no worrying about paying for set up, commission or hidden fees. All you need to do is upload your product catalog, publish them and start completing the orders, as simple as that. You can also connect your Spocket account with Shopify for seamlessly smooth and automatic product imports, inventory management, order syncs and so much more.
Spocket takes pride in delivering the goods as fast as possible, which is usually 2 to 7 business days. To make sure you have good experience while dealing with Spocket they do encourage their suppliers to ship and deliver products within the specified time limit. The suppliers use carrier services like DHL, USPS, ePacket, FedEx, etc for accurate and secure delivery.
The platform makes ordering products super easy even for beginners. Just with a few clicks, you can process an order placed by your customer. Since Spocket can be synced with your online store, all the details regarding orders will be displayed under the Order tab for quick access. Upon referring your already managed online retailers to Spocket, you can upto 30% commission each month.
Spocket allows the brand invoicing functionality which basically lets you re-brand the products bought from the third party suppliers. You can customize your customer’s invoice and packages by adding your company’s logo, website URL, email and a personalized note.
Spocket – Pricing & Plans
The platform offers subscription plans based on a monthly as well as annual basis. Spocket provides a 14-day free trial period without any credit card details. The details regarding prices along with the included features for each subscription plan is given below.
Free – As the name suggests, you do not have to pay anything to use it. It lets you browse Spocket’s product Catalog, use chat support and AliExpress Dropshipping functionality.
Starter – It costs $24.99 on a monthly basis and in addition to the “Free” plan’s features you can access 25 unique products and use email support.
Pro – The plan can be availed for $49.99 on a monthly basis however, it costs just $24 for a month if subscribed for a whole year with the total payable amount of $288. It offers 250 unique products, 25 premium products along with branded invoicing functionality.
Empire – The plan costs $99.99 on a monthly basis but you can get it for just $57 per month when subscribed on yearly basis with the total billed amount of $684. With this you have access to select goods from 10,000 unique and 10,000 premium products.
Unicorn – Available only on a yearly basis, the plan costs $79 for a month with the total payable sum of $948 at the end of the year. The exclusive features provided includes product requests, supplier sourcing, and bulk checkout.
To be noted – Spocket does not process refunds for users that have exhausted the 14-day trial period limit or upgraded to a yearly basis plan. If you use credit cards for monthly trials, you will be charged 99 cents as non-refundable fees. Although you cannot claim for refunds, you can cancel the subscription plan anytime you want. So, make sure what you are subscribing for is what you actually need.
Spocket For Dropshippers
For dropshippers wanting to make money out of buying and selling the various products by setting up an online business venture, Spocket is a perfect choice for you. The platform allows you to create an ecommerce site in just a few minutes, follow the steps given below to do the same.
Click on the “Get Started” button and either fill up the registration form or log in through Google or Facebook credentials. Moving on, select the desired products from the category drop down list. Upon completion you will be redirected to your dashboard where you can start building your online store.
You can integrate your account with tons of third party apps including eCommerce platforms like BigCommerce, WooCommerce, Shopify, AliExpress, Wix, Alibaba, Square and Ecwid.
Choose the popular products based on your niche or pick the best selling ones with the help of Google Trends. You can gain insights regarding premium and trendiest goods from the entire Spocket catalog by taking the advantage of advanced filters present on the Search dashboard.
4. Calculate Prices & Margins
To create an effective cost-based pricing strategy you can use Spocket’s profit margin calculator. It helps you determine your estimated profits by simply asking for the selling price of a product. Shopify’s Profit Margin Calculator proves to be a great alternative to Spocket’s calculator.
Before launching your ecommerce store you can customize aspects like global pricing rules, payment & shipping settings, branded invoices, themes, and domain name. Once satisfied, there’s nothing to do except to publish your online store.
Spocket For Suppliers
If you want to become a part of the community with over 60,000 merchants, you need to fulfill the following prerequisite.
- You must only offer high quality products along with the promotional aspects like photography and product descriptions.
- You should either own and manufacture your products or stock up the inventories with goods.
- The recommended discount figure by Spocket on the products is 40%. Although you can decide on the offers on your own, you need to maintain the minimum limit as 25% off.
- The shipping fees must be equal to what your other retail customers are charged.
Spocket For Affiliates
The affiliate program lets you earn commissions on every entrepreneur that signs up with Spocket. After signing up for an affiliate program, you will receive a unique link which can be shared with your audience via blogs, YouTube videos, social media, online courses, etc. The following are the three levels of commission rates you will be paid according to:
- Bronze – 20% commission.
- Silver – 25% commission after your 100 successful conversions.
- Gold – 30% commission after you’ve crossed the 1,000 conversion mark.
Spocket – Customer Support
The platform offers an extensively detailed help center consisting of articles based on all the dropshipping services and features. You can find information on mostly everything including Spocket for dropshippers, suppliers, affiliates, and partners. The platform also constantly updates their blog posts and offers an Academy option which provides tons of educational courses.
You can reach out to the Spocket’s support team through multiple ways; for order related issues you can fill up an Order Inquiry Form through Spocket live chat messenger and for technical problems you can email at [email protected]. You can connect and become a part of Spocket’s social communities like Instagram, Facebook, Twitter, LinkedIn, etc.The only major downside to the platform in regards with customer care is the lack of phone call support.
Spocket Review – Is The Dropshipping Platform Worth It?
It goes without saying that the platform is great when it comes to dropshipping US and EU goods. You get access to a catalog consisting of thousands of products, a global community of suppliers to trade with, functionality like branded invoice to promote your ecommerce store, third parties integrations to sync your account with for easy work and so much more. You can either go for a free plan which offers core features or subscribe to any of the four paid plans on a monthly or annual basis in order to use the advanced functionalities.
Spocket also offers great customer support which includes help via live chat, academic courses, knowledge base, blog posts and email support. On the negative side, you cannot claim refunds after the14 day trial period is over and the platform prohibits you from selling on eCommerce platforms like eBay, Etsy, Amazon, Wish, etc. On and all, Spocket is a good choice and worth investing in if your brand functions on the dropshipping business model. Also if you already have an ecommerce store and want a way in on how to gain more profits, Spocket is truly the way to go.