- Avg. Revenue /month$1,975USD
- Avg. Sessions /month6,140
- Avg. Profit /month$1,020USD
Feel free to make offers This store is a 4 month old store with 15.9k in sales, 50k visitors, a 2.01% conversion rate, a 2.83% repeat customer rate, and 3 winning products that have not yet been fully scaled. As of now, it is a general store but it was designed with a dark, high end UI allowing this store to be changed to a women’s or men’s apparel, high end accessories, or jewelry store with just a few hours of work. I know, you’re probably thinking that either all the winning products are burned out or something like that. That’s not the case. Actually, it’s quite the opposite. Two of the three winning products have not, to my knowledge, been sold on any other store. In addition, I was never fully able to scale either one of those two products with Facebook ads before my PayPal account got a permanent hold put on it. And, well, that takes me to the main reason for selling a store that still has pretty great potential for growth. As any experienced drop shipper knows, PayPal will occasionally put all the funds in your account on hold for 6 months. Unfortunately, that happened to me. Now that PayPal is holding about 20k from me until 2019 I’ll need some capital to continue running my other stores and to continue building my Shopify app.
100% of paid traffic has been through Facebook ads. So far we have not tapped into any potential influencer marketing traffic. The ad spend for life of the store is $8,263.40. That ad spend does include the ad dollars spent on new product testing. The ad spend on the three winning products alone is right around the $7,500 range. This ad spend was spread across a 1.5 month time frame starting mid way through June and ending at the end of July. (I'll discuss why later.) The sale of this store does include the Facebook page (about 150 likes) and Facebook pixel.
The Klaviyo account with almost 11,000 email subscribers is included with the store. All of the campaigns and flows were set up by a professional email marketer who I have worked with before on multiple stores. For me alone he has generated over 6 figures of sales. All of the templates set up in our flows and campaigns were custom made for this store. Currently we have 6 retargeting flows which have made $1,844 over the life of the store.
Right now I have a customer service rep who uses Zendesk to respond to customer emails and comments on Facebook. She is paid $3.50 an hour and usually it takes her 15-20 hours a week to respond to all customer service emails. When she started I provided her with templates for a variety of situations she may run into. You can continue to use these or write your own. She seems to be doing a pretty good job because we’ve only had $118 of refunds which is less than 1% of revenue. I have an order fulfiller who also works for $3.50 an hour. The amount of hours he works per week depends on the order volume but it’s usually less than 10 hours a week. He uses Oberlo to fulfill all orders.
Our profit margin runs at right about 25%-35% depending on the performance of our Facebook ads. I offer personal support for 30 days after transfer of ownership. Even if the list price seems out of your budget, I’d love to invite you to inquire for more details and maybe we can work something out! ;)
Other apps we use: Alireviews Countdown Cart Frequently Bought Together Upsell TaxJar SEO by FoxDrive SEO Sales Pop Trust Hero Privy
Well, as you’ve already read, I’m in a somewhat unique situation that has twisted my arm into selling off a few of my stores. This particular store is at a great point right now when it comes to potential growth because all 3 of the winning products on the store have gotten a good amount of date on the Facebook pixel (200-400 sales each) but none of them have been fully scaled out on Facebook Ads and none of them have been advertised with influencers yet either. This combination leaves room for some good revenue growth in the future if the Facebook ads are scaled correctly.
There are two big things that come to mind when I’m writing this. One is to build up the company as a private label brand and the other is to translate the site into Spanish, Chinese, and Arabic in order to target foreign markets. I don’t have too much experience with private label branding but there is one particular winning product on this site that I think would do good if branded. As for the foreign markets, it’s something I was going to try doing on this store but I just don’t have the time right now to do this.
Personally, I’ve done all of the Facebook advertising for this store and I’ve semi-automated it by hiring the virtual assistants who work on it now. In addition to that, I had the email marketing professional create all of the email marketing flows with Klaviyo a few months ago which cost $1k. (I had big plans for this store.)
Traffic and Performance
- Avg. Revenue /month$1,975USDVerified
- Avg. Sessions /month6,140Verified
- Avg. Profit /month$1,020USD
- Profit Margin32%
- Avg. Sales /month260
Other details about profit:All of these values are the total profit and orders divided by 5. (The store has existed for 5 months) This store was really only active for about a month and a half which makes average profit $5.1k per month.
- Shopify plan
- Physical inventory
- Logo and branding assets
- Personal support after sale
For 30 days after the transaction, I will give advice on Facebook ads, help get any store operations smoothed out, help get you set up with the two VAs I mentioned earlier, etc.
- Product photos
- Mailing list11,000subscribers
- Social MediaTotal followers150subscribers
I'd build the business up to 5 winning products and private label each one of them. I'd then create an affiliate program where affiliates can sell the products, allowing myself to eliminate marketing costs.
No, not really. Having a good knowledge of Facebook Ads would help but it's not necessary. As I said earlier, I will be providing help on Facebook Ads for 30 days after the transaction so you're all good there. If you still want help with FB marketing after 30 days, it is very easy to hire someone to manage your Facebook Ads.
Why buy a business on Exchange
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.
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.
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.
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.
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.
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.
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team