- Avg. revenue /month$1,956
- Avg. sessions /month6,889
- Avg. profit /month$1,500
Why this business was started
To create a passive income in a niche that has a passionate audience ready to buy. The margins are extremely high and can be as high as you'd like. This business is very hands-off and can be a great passive income to anyone willing to put in a few hours a week. This can easily be scaled to $500 - $1200 / week
The reason of selling this business
Focusing on my other businesses and cutting off my smaller ones. Also lost passion in this niche.
What's involved in running this business
I have a relationship with a supplier in China who gives me the best prices on these items. And is very responsive. I'd recommend using instagram influencers to continue growing base like i did. Then retarget using facebook advertising.
I decided to start this business because of my interest in the Jewelry niche and high profit margins. I built the store entirely by myself, as well as customizing images and coding. The sale will include both social media accounts ( facebook and instagram) with over 12K followers.
Describe the business model. Do you drop ship or hold the inventory yourself? Buyers want to understand how they can make money from this business. This is a drop-shipping business model. No need to store inventory. I have built a relationship with my supplier over the past year and have an agreement on the lowest possible cost for each product that you wont find anywhere else. Hence why the profit margins are so high. To attract customers we partnerned with instagram influencers (you will have their contact) and also facebook ads ( we will transfer the data, audience to you) cost for ads is around $30-$60/ day which will generate between $200-$650 in sales per day. Email list includes over 26K subscribers. Haven't even touched email marketing yet to be honest, so that will double your profits. I am selling the business because I am working on other projects as well as traveling for my job so I don't have time to keep up with it. There is a lot of potential with this store and it is also ranked on google.
I will give after sale assistance on current and new marketing strategies to attract customers and increase AOV.
Why should someone buy this store?
Consistent sales and great potential. High profit margins with a reliable supplier giving the lowest cost for products.
How can the future owner improve the business?
Utilize email marketing. I haven't touched it yet but if you do, this will easily double sales.
What work have you put into the store?
Growing instagram account and following. Scaling store to over $30K is sales
Traffic and Performance
- Avg. revenue /month$1,956Verified
- Avg. sessions /month6,889Verified
- Avg. profit /month$1,500
- Profit Margin70%
- Avg. sales /month65
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsproduct pictures, banners, etc
Personal support after saleI will provide support for 1 week. Sharing marketing strategies and how to scale the store. Any other questions the buyer has I will gladly answer.
Product photosall pictures
How to grow this business
social media postings consistently and with influencers. have over 10K followers on instagram that should be utilized and email list of over 20K that hasn't been touched in terms of email marketing.
Skills to have
general social media skills and shopify basic skills. This is a hands off store that can provide good passive income.
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.