Saba Mohebpour has made it his mission to give aspiring entrepreneurs access to the tools and the inspiration they need to turn their business dreams into a reality. He is making autonomy more accessible and empowering individuals all over the world to attain the respect they deserve.
Spocket was launched with the sole goal of helping others achieve financial freedom. And, with that in mind let's take a more indepth look at some of the issues the standard retailing model faces and how Spocket's dropshipping platform can help to minimize those issues. Read on to learn more.
Common ecommerce problems
Set your mind to the seller's perspective. There are many common problems that even the most successful ecommerce platforms face each and every day. Let's look at them individually:
High cart abandonment rates: Generally the less payment options available to your customers, the more likely they are to abandon the shopping cart. And if a potential customer clicks to exit your site rather than hitting the "complete your order" button, it's lost revenue for your business.
Product quality issues: Product quality issues arise when products do not conform to, or perform within the retailer advertised specifications. The main problem with this is customer retention. If your customer isn't happy with the quality of a product received after shopping on your ecommerce platform, how likely are they to become a repeat customer? And the truth of the matter is, not likely at all.
Buyer's dilemma: With the landscape of ever-changing trends we find ourselves in, buyer's dilemma is becoming an increasingly common complaint in the world of ecommerce. Should I buy that because it's shiny and new? Or, should I buy the alternative because it's tried, tested and trusted? So many shoppers are indecisive, it is falling to the retailer to change their perspective.
Attracting the perfect customers: How can you attract the right clientele for your online retail store? With so many options out there, and many of them offering the same or similar products, how do you make sure a customer completes the sale through your store?
Converting shoppers into paying customers: One of the biggest issues an ecommerce platform faces is converting its visitors into paying customers. Traffic, clicks and impressions don't actually guarantee sales. So how can we convert browsers? How can we get them to commit to a purchase?
How dropshipping can minimize the risks posed by common ecommerce complaints
Dropshipping is helping to minimize the risks for retailers everywhere. When compared to other more traditional ecommerce business models, dropshipping has the least number of risks. Given its low overheads, it's a viable option for anyone. And, as you'll be leaning on your suppliers for the storage and fulfillment of your product, you eradicate a huge amount of work and business costs.
With dropshipping, you have the added advantage of using multiple sales channels to advertise your products. And you definitely should. This gives you more opportunities to lure in your ideal customers and secure the sale that you're hoping for. It will also facilitate a wider array of accepted payment methods (on a cross-platform basis) meaning your customer is more likely to convert and less likely to abandon ship (or cart as the case may be).
When you set up your dropshipping platform, you can also resolve the buyer's dilemma. As you're not actually stocking the products, there's no additional costs of offering both the shiny and new options and the tried, tested and trusted product too. So, whichever your customer decides on, you'll be able to fulfill their wishes.
And as for quality control, well Spocket has done the legwork so you can rest assured that your customers will not be disappointed with their order once it arrives. Read on to learn more about Spocket's supplier verification process.
Spocket is known to provide the best suppliers, how did you make it possible?
Spocket's founder is an entrepreneur himself. And he's been in your shoes and is well aware of the struggles of dropshipping. Saba Mohebpour created Spocket with the goal of solving the main problems of dropshipping (ergo lengthy shipping times and high product prices).
The Spocket platform has direct connections with both Shopify and WooCommerce stores. These connections enable businesses to find suppliers that will ship directly to customers.
Spocket takes great pride in its screening process. Only the highest-quality suppliers meet its standards and are approved as a partner. Many of Spocket's rivals aren't quite so picky in their selection process. Instead, anyone can be approved as a supplier.
Spocket's team has outlined a very strict verification process that each potential supplier must adhere to before approval.
Here is a brief look at the requirements needing to be met prior to being approved as a Spocket supplier:
A supplier's products must be high-quality and meet both EU and US standards
A supplier must have a good reputation
A supplier must be able to provide fast shipping and tracking information
A supplier's products must be competitively priced
A supplier is required to maintain an order success rate of 95%
A supplier are required to answer any order inquiries 24-48 hours after shipment
After, and only after a supplier has successfully proven themselves across all of the criteria will they be approved. These requirements ensure that businesses using Spocket can sell high-quality products to their customers and minimize those pesky common ecommerce problems.
The main features of Spocket
Suppliers from around the world
Spocket enables you to sell products from suppliers globally. You'll find suppliers from China, the US and Europe through this single dropshipping platform. If you're wanting to sell products made in America or searching for a supplier whose shipping times are quicker, simply choose a supplier from your region of choice.
Premium products
Spocket makes finding best-selling products easy. In the Spocket back-end, you'll be able to select "Premium" products which in turn helps you find all the best-selling products right now. You can easily choose any of those products to add to your online store, meaning you can keep up with the latest trends with minimal work.
Fast shipping
On Spocket you can access countless US and EU suppliers that are local to your customers and can get their order to them in a matter of days. You'll find many popular products with fast shipping speeds. And remember, the quicker your customers receive their order, the fewer follow-up emails you will receive. Plus, an added bonus is that customers are always happy when their order arrival time is efficient. That makes customer retention so much easier too.
Affordable shipping
As well as speedy shipping, Spocket also enables you to browse products with affordable shipping rates. For example, you can select "USA shipping under $5". Simply click a button and find low shipping rates for US products in seconds. That feature means you won't need to worry about shipping rates eating into your margins.
Includes hard to source items
At Spocket you'll be able to access organic beauty products, food and drink, and other items that require more care to make too. You can even browse branded products like LaCroix, too. So, whether you're searching for trending products like shower steamers or organic mineral powder, Spocket has you covered.
One-click import
Spocket offers one-click product imports which allows you to add products that make sense for your niche or that your customers would love. Then, all your products will be listed on your Import List. There, you can edit copy, category, images and pricing. You'll have complete control over how you price your products and write your product descriptions. Adding and editing products also couldn't be more straightforward.
Message suppliers directly
Spocket also allows you to message your suppliers regarding your orders directly. Simply head to the My Messages tab and contact suppliers on Spocket regarding an order you've placed in no time. And, if you're looking for a quick response, reach out to the Spocket customer team who are well-versed on all questions related to shipping times, inventory levels, and any other topics of interest regarding your orders.
Add your own branding
Most suppliers on Spocket will allow you to add a packing slip with product details and your logo. Dropshippers who are wanting to create a positive impression and build brand awareness will appreciate the ability to add a personalized packing slip in with their product orders.
Recommended price markup
Setting prices for products can be challenging, especially when you're just starting out on your dropshipping journey. With that in mind, Spocket allows you to set prices using two different methods. First, you can go to the "Global Pricing" tab in the settings menu, where you can set price rules. A typical price rule is 33% for a product, 33% for marketing, and 33% for profit. This means you can do a 3x markup by selecting "Multiplier" under Markup Type. Alternatively, you can follow Spocket's suggested retail price for products on the listing page as a guide for a good market value price.
24/7 Customer support
If you're having an issue with your ecommerce dropshipping site, or simply want some friendly advice, Spocket's customer support team is on hand to help round the clock. Get in touch any time, day or night.
Upcoming Spocket features
SmartLi: Spocket's AI writer
SmartLi has been specifically designed to support e-commerce businesses in creating engaging SEO-optimized content. The role that content creating is effective in is attracting and retaining customers. But, so often high-quality content takes time and can be costly, which poses an issue for new startups.
This is where Smartli is on hand to help! It's an AI writer that will elevate your content creation to the next level while keeping costs to a mineral. Generate everything from text for ads, blogs or product descriptions in seconds. When you factor in the time that would otherwise be spent researching and writing, it's easy to see the value of SmartLi.
What's more, SmartAI's algorithms have been developed to identify and incorporate relevant keywords and phrases so that your content ranks higher in search engine results pages. Win-win.
DropGenius: Spocket's AI store builder
Fancy launching a profitable dropshipping e-store in minutes? Look no further than DropGenius! This AI-powered dropshipping store builder will help you create a dropshipping store effortlessly. Literally, all you'll need to do is decide on a color scheme, a category and relevant subcategories. Then, quick as flash, your store will be created on Shopify.
Your set up details will be shared via email, which makes kick-starting your drop shipping platform a breeze. DropGenius has been tested in-house to ensure that it delivers the highest possible conversion rates. And, its AI algorithms ensure that you are only ever recommended the best products. Have confidence in your products to convert.
Another feature of DropGenius is the customized themes and the ability to tailor yours to your preferences. Ensure your store looks professional and engaging. And in turn, build trust with your customers. Plus, with access to a selection of more than 1 million products to choose from, you can rest assured that the future of your store is set to be a bright one.
Jubilee: The White Label Beauty Dropshipping App
If you're looking to build your own cosmetics and beauty brand but don't fancy the hassle of
manufacturing and stocking products, Jubilee could be the answer to your prayers. This white label beauty dropshipping app enable you to create your brand with US suppliers
and high-quality white label dropshipping products. Plus, you won't have to worry about
minimum order quantities and can take full advantage of private label packaging and fast worldwide shipping.
