All prices in USD
Sold

Private listing #995985

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  • Avg. revenue /month
    $2,005
  • Avg. sessions /month4,440
  • Avg. profit /month
    $800
  • Inventory value
    $2,900

Business Story

Why this business was started

Even though jewelry niche is known as one of the most competitive niche. I could see that there has been and will always be a lot of demand. I started running this jewelry store April, 2019. As soon as I launched the store, I could start making sales through Facebook ads, Instagram posts and other organic traffic.

The reason of selling this business

This store is valued at 18k + about 3k inventory and has generated good amount of money since the beginning. However, I haven't had enough time to focus on this store since a few months ago, Therefore, the store has been slowly losing customers and dying out. I think it's better to sell this store to someone who can actually put some effort on it.

What's involved in running this business

Facebook advertisement, Daily posting on Instagram, Shipping out orders via CJ dropshipping app, Pre-restock items that are sold day by day. Reply to customer's emails, Creating new ads for facebook ad. Everything will take about 2~4 hours a day which allows me to focus on other stuff during the day.

This business was founded: almost 2 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,005
    Verified
  • Avg. sessions /month4,440Verified
  • Avg. profit /month
    $800
  • Inventory value
    $2,900
  • Profit Margin35%
  • Avg. sales /month50
Other details about profit: I have never scaled facebook advertisement even when I had 8~9ROAS as I thought things will take too much of my time. Also, I think I have lack of skills in Facebook advertising which leads my ads become unprofitable sometimes even though it doesn't happen often. So I run facebook ads only 1~2 weeks per month with about $50~$80 daily budget. That's why the sales are not consistent. If you know well how to run facebook ads consistently targeting the right audience, I believe It won't be hard to make a couple of thousand dollars in net profit per month especially in Q4.
Total revenue
  • $44,115
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 97,682Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $12
      /year
    • Email marketing, Order tracking app
      $22
      /month
    • Facebook Ad
      $700
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      There is $3,000 worth items stocked at CJ Yiwu warehouse in my private inventory and $500 of private labelled items - Jewelry box, Jewelry card, Thank you card. All of them with the brand name on. Facebook page, Instagram page and all the items in the CJ dropshipping inventory will be transferred,

    • Personal support after sale

      I would try my best to help you to grow the business and answers your questions for 30 days after the completion of the sale. Also, I will be handling all chargeback and refund requests with orders that were placed before sale.

    • Domain

    • Product photos

      Product pictures will remain on the store, so you can download and use them all the time whenever you want.

    • Social media

    • Suppliers

      CJ Dropshipping has been a very good supplier providing fast shipping, sourcing items, private agent, custom packing and etc. I would continue working with CJ dropshipping.

    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    I would upload a lot of more good quality of items, post on Instagram everyday to get more followers and run some big promotions on Instagram such as give away or collaborations with other brands which I haven't done yet.

    It's also essential to hire a model to take good quality of pictures with the jewelry.

    Skills to have

    You will need basic knowledge of Facebook advertisement and jewelry.

    Tags

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