- Avg. revenue /month$3,420
- Avg. sessions /month5,844
- Avg. profit /month$600
Business Story
Why this business was started
I was interested in learning more about e-commerce and drop shipping in particular. It started out as a low barrier of entry business to get into and then when I had some success I kept going with it. Now it is doing thousands in sales/month and has a solid customer base.
The reason of selling this business
I didn't expect this store to get so big so fast. Honestly I am just a bit overwhelmed dealing with customer service, managing social media, and trying to learn ads. Then my mom got really sick with Covid and is still recovering, so I haven't really done much with this the past few months. I know this is a great brand and has a lot of potential, but I just can't give it the attention it needs and honestly I went too hard too fast, burnt myself out. Now I'm only focusing on niches that I am personally interested in. Shopify values the site at $43,000 which includes recent low activity and sales over past few months. My best month was 18k in revenue.
What's involved in running this business
Staying on top of supply issues and engagement with the supplier. Customer services issues such as questions about products and shipping issues. Social media engagement and marketing. Product research, email marketing.
Traffic and Performance
- Avg. revenue /month$3,420
Verified
- Avg. sessions /month5,844
Verified
- Avg. profit /month$600
- Profit Margin10%
- Avg. sales /month188
Expenses
- Shopify plan
- $29/month
- Domain
- $12/year
- Reconvert, Frequently Bought Together, Ecologi (plants trees)
- $100/month
- Google Adwords, FB ads
- $5,000/month
Sale Includes
Physical inventory
Not IncludedLogo and branding assets
Files will be in .png, jpg, or ai format and transferred via Google Drive or Dropbox. There are approximately 2 files for the logo.Personal support after sale
1-week of consulting to assist with hand-off such as how to fulfill orders, etc.Domain
Product photos
Files will be in .png or .jpg format and transferred via Google Drive or Dropbox. There are approximately 25 photos to be transferred.Social media
Suppliers
I have gone through a couple suppliers and even agents within them. I have a really great agent I have settled on and work with. They are proactive and helps to solve issues before they become a problem.Mailing List
7,867subscribers
Seller‘s Advice
How to grow this business
I would focus on UGC as well as more UGC advertising content. Polish up the brand more by including educational info with each piece purchased. Improve the "unboxing" experience with better branded packaging etc. You eventually could private label some products and increase your profit margin.
Skills to have
Deep knowledge of FB ads and Google Ads, also Tik Tok and instagram marketing. Bonus if you have interest in the niche of gemstones and crystals.
Tags
Similar Businesses
Sold businesses
Our features for a secure experience
Exchange Trust
- 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.