- Avg. revenue /month$3,101
- Avg. sessions /month2,108
- Avg. profit /month$1,000
Why this business was started
I love dropshipping and I wanted to have my very own store. I knew Athleisure was a popular industry and the products spoke for themselves, so I spent many late nights getting everything right for the store. Sales began to roll in, and soon the store was taking over $1000 a week - I remember being at work one weekend and seeing $700 sales in one day! This store is a huge winner and it needs someone with ambition to take it to the next level. I have founded a new e-com store which works at HUGE profit margins which is now my focus. This store was my first success and I loved it, but margins are limited to around 50% whereas my new store takes margins of up to 9x product cost (crazy right?)
The reason of selling this business
In honesty - I have created a new store which is far more profitable. I have learnt so much doing this and I have used this knowledge to create something bigger and better. I have supplemented my income very nicely with this store however I am somewhat of a perfectionist and there are many things I would liked to have done differently. A new owner can give this store a new life and start expanding outwards. It should also be noted that it is not all perfect when it comes to dropshipping - there are alot of frustrations that I want to avoid when I come to start my new business. I have essentially used this store to learn, and now would like to use the money from the sale to invest in my new e-com venture. This store is a fairly reliable money machine and just needs somebody with marketing skills to keep it running smoothly and consistently.
What's involved in running this business
Fulfilling orders, replying to emails, dealing with returns, marketing (mainly through Facebook Ads Manager however other avenues may prove more effective)
Traffic and Performance
- Avg. revenue /month$3,101Verified
- Avg. sessions /month2,108Verified
- Avg. profit /month$1,000
- Profit Margin20%
- Avg. sales /month100
- Shopify plan
- Debutify (Hustler)
Physical inventoryNot Included
Logo and branding assetsI will transfer the logo through to you via email. It is a simple logo and you can feel free to change it. Simplicity is key, I have found.
Personal support after saleI will provide help on matters relating to the running of the store for 4 weeks post-sale. This includes any changes to the website and products aswell as general advice. I can also advise on advertising however I am not an expert and I can only share what has worked for me. I can provide this advice through email, phone call or video call - whichever you prefer. My availability will vary but I will always do my best to assist. If you have atleast some experience in dropshipping and shopify, there isnt a whole lot you should need help with. Regardless, I will do my best to help you.
Product photosThey are supplier photos and not my own personal photos. I would recommend getting your own photos made if you want to scale the brand.
Social mediaTotal followers254subscribers
How to grow this business
I would start a well structured influencer/ambassador campaign to increase exposure.
I would transition the store from drop-shipping to domestic to increase shipping times and improve customer satisfaction. Saying this, I have been entirely transparent about my delivery times (10-15 days with my supplier) and customers are happy to purchase and even return to my store (8.87% return customer rate). A faster delivery service would help increase returning customers and drive conversion rates.
I would strengthen branding with packaging and possibly even brand the clothing itself - this is all possible through Aliexpress/Alibaba suppliers if you are willing to inject more cash into the business.
This store only sells to the UK at the moment, meaning there is HUGE potential to expand to US and other countries where the average cost per purchase through Facebook is significantly lower. I chose the UK as its my home country and I knew it would be easier to deal with returns/exchanges and I was more familiar with the customer.
Skills to have
Facebook Ads, Marketing, Customer Service.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.