After 15 years of affiliate marketing and several years of eCommerce experience, I decided to give the dropshipping model a shot. I purchased this website on the Exchange in May 2018 because I was looking for a niche site to help me learn and hopefully develop a stable, long-term business. Unicorns are HOT, and this seemed like a great opportunity.
The reason of selling this business
Even though this store is regularly generating revenue, like many people selling on the Exchange, I am too busy with other (more profitable) projects to stay focused on this one. Since almost all of the sales are generated from Google Shopping, I could definitely continue collecting profits for a while, but with little or no attention being paid to it, the sales will eventually fizzle out and I'd rather sell it to someone else before that occurs.
It has been sitting on the sidelines for several months now, and the sales have already dropped because I haven't added any new products or made any effort to promote the website. But the Holidays are fast approaching, and there will be a HUGE OPPORTUNITY to capitalize!
What's involved in running this business
Daily duties include processing orders through Oberlo and answering customer email inquiries. The amount of time this takes really depends on the volume of orders you receive, but it usually takes less than an hour per day.
Ongoing duties include product research, updating / adding products and managing Google Shopping or other advertising campaigns.
This business was founded:over 2 years ago
Time to run this business:approximately 4 hours per week
Traffic and Performance
Avg. revenue /month
$3,380
Verified
Avg. sessions /month4,561Verified
Avg. profit /month
$1,000
Profit Margin25%
Avg. sales /month50
Other details about profit:Actual monthly profit varies from month-to-month based upon seasonality. The most profitable months occur during back-to-school season (July / August) and pre-Christmas (November). The Chinese New Year causes a huge dip during January / February.
Total revenue
$91,250
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
123,153Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$15
/year
Oberlo
$29
/month
Google Shopping
$600
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
All files will be transferred via email
Personal support after sale
I will be happy to provide the new owner with 30-days of email and/or Skype support to ensure they understand all aspects of the business and daily operations.
Domain
Product photos
All product photos are included in Shopify store
Social media
Total followers4,500subscribers
Suppliers
Not Included
Mailing List
1,500subscribers
Seller‘s Advice
How to grow this business
I've primarily used Google Shopping to promote this business, so there is a lot of opportunity left with Facebook ads, Instagram influencers, other social sites, SEO, email, etc.
In addition, the product line could easily be expanded to increase exposure on Google Shopping, and POD (print-on-demand) products could be a great way to establish a legitimate brand.
Skills to have
In it's current state, this is a relatively easy business for 1 person to operate. Although eCommerce and dropshipping experience would certainly be helpful, a beginner could easily grow and learn with this store. I will be happy to provide 30 days of email/Skype support to the new owner.
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.
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