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Private listing #378809

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  • Avg. revenue /month
    $98,963
  • Avg. sessions /month42,126
  • Avg. profit /month
    $5,000

Business Story

Why this business was started

I’m in eCommerce industry for almost 6 years. Started with a store on eBay and then I had two brands on Amazon and always wanted to find the best niches with lowest competition and highest profit margins. I started this business because I see this is a very good niche that have minor competition and high profit margins. I saw there is gap in the market where retailers sold the item for expensive prices and no one provided the items in reasonable price.

The reason of selling this business

It’s time for me to move on. This store is running for two and half years and it’s time for me to go for a long trip, start new businesses and sick for other opportunities.

What's involved in running this business

Logistics – we are working with a warehouse in Shenzhen, China and Kolkata, India. All the inventory located in these two locations, and fulfilled by our VA. We are working with Fedex and DHL for deliveries, so customers receive the items within 7 days. My suggestion here is to either move the logistics to one warehouse in Hong Kong or someplace the USA and then work with an app like Shipstation.

Manufacturing/Sourcing products – We have 12 products we designed by our designer. They are unique. All the other products are bought from manufacturers in China. My suggestion here is to move the production (all items) to one or two manufacturers in China or Mexico.

Customer service – One customer agent who manages successfully all the emails and questions on our pages.

Facebook Ads – One freelancer (works on monthly retainer) who manages our Facebook Ads. Google Ads - One freelancer (works on monthly retainer) who manages our Google Ads. My suggestion here is to find someone who can do both or do it by yourself.

Instagram and Facebook communities – We have scheduled posts ready made by a copywriter. All comments and messages are monitored by our VA.

Creatives – We have hundreds on photos and many videos taken by professional photographers. All graphic designs (banners, photos edits) are made by our freelance graphic designer. We have brand book you can use.

Email Marketing – We have 12 automated flows that we spend a lot of many on them. Also, we have emails campaigns you can take ideas from them. Email marketing is handled by a freelancer who specialize in that, but it something you can save and handle it by yourself. Campaigns can be done by our graphic designer, and you can find a copywriter to write them. We have large email list who buy through these emails.

Product designs – We worked with a product designer who deigned 12 products for us. We have the technical designs of almost all the products we are currently selling

This business was founded: about 3 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $98,963
    Verified
  • Avg. sessions /month42,126Verified
  • Avg. profit /month
    $5,000
  • Profit Margin10%
  • Avg. sales /month250
Other details about profit: All the revenue coming from the Shopify store
Total revenue
  • $3,562,669
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,516,571Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $80
      /month
    • Employees
      $630
      /month
    • Domain
      $12
      /year
    • Apps, Email Marketing
      $975
      /month
    • Facebook Ads, Google Ads
      $25,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Hundreds of lifestyle photos and videos that taken by professional photographers. Will be transferred on Google Drive.
    • Personal support after sale

      Full 30 days support in pretty much every aspect in the store. I will also help you implement new things and ideas I had in order to grow the store.
    • Domain

    • Product photos

      Will be transferred on Google Drive.
    • Social media

    • Suppliers

      Not Included
    • Mailing List

      25,000subscribers

    Seller‘s Advice

    How to grow this business

    There is a lot of ideas how to grow the store and increase the profit:

    1. Add more languages such as French and German and start selling more in the EU. Very big market where people are welling to pay for quality products.
    2. Add more unique products that designed by you or bought through manufacturers. I will share with a list of products I wanted to add.
    3. Work more with IG influencers and on regular basis (ambassadors).
    4. I would decrease the number of stuff I have. Instead of having one stuff member for every task (Facebook, Google Ads) I would find someone to do both.
    5. Work with affiliate networks that drive you sales and traffic practically for free (just pay commission for sales)
    6. Add more documentary posts and content to IG to reach more engagement
    7. Work with Youtube influencers and online blogs
    8. Sell more care products
    9. Wholesale - selling items to stores and dealers. Huge profit margins here.
    10. Corporate gifts - like wholesale but you can earn more selling to big companies and customize the items.
    11. More paid traffic sources – FB and Google Ads are not the only traffic sources out there. I would start working with more traffic sources (Taboola, Pinterest)
    12. SEO - always wanted to do it. You can drive free traffic after couple months of work of people who are READY to buy. It’s not hard to convert people as from FB.
    13. Start a rewards group (VIP club) – build a community in order to gain higher return customer rate.
    14. Chat bots and SMS – another practically free traffic source. Very easy to setup, very high open and conversion rates.

    Skills to have

    I think the only skills a new owner should have is manage the team members and be creative.

    Tags

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