- Avg. revenue /month$9,878
- Avg. sessions /month43,031
- Avg. profit /month$4,000
- Inventory value$3,500
Why this business was started
I saw amazing potential in this niche of products and i was completely right. Profit margins are upwards of 50% and all products can be easily branded & products do not need to be branded to preform phenomenally because they appeal to all ages making them extremely easy to sell. As soon as these products where released it was an instant hit! As there is currently extremely low competitors selling these products. Another reason why i stated it was because i knew on the tiktok platform it would be a hit, removing the need to spend money on Ads promoting the products.
The reason of selling this business
Ive decided to sell this business as my other online business are going to open up physical locations and will need more time.
What's involved in running this business
An hour of your day fulfilling orders that stack up on oberlo, posting a couple videos a week of the products you plan to sell as they are trendy items that preform great. No need for wasted money on ads, as all the work we have done is on one social media platform. With a built following that comes back when new products are released. Now if you choose the fulfilled by seller route which i highly recommend (since customer return rate is higher) you or worker, chosen fulfillment partner will have to fulfill these orders. Which will take a good hour of your day to do (:
Traffic and Performance
- Avg. revenue /month$9,878Verified
- Avg. sessions /month43,031Verified
- Avg. profit /month$4,000
- Inventory value$3,500
- Profit Margin45%
- Avg. sales /month500
- Shopify plan
- Inventory warehouse
Logo and branding assetsLogo will be emailed or customer may chose to change logo but would recommend keeping original name.
Personal support after saleYou will be given direct contact information to me for any questions you have about the store or media. TikTok account that has had exposure to over 11 million people will be given with store. Now has over 80k in following and is only growing!!
Product photosPhotos will come with site or emailed if needed.
SuppliersGreat supplier, you will be given direct contact with supplier for quicker response about orders and updates.
How to grow this business
This store can be easily be grown over the next 5 years as it falls into the trendy niche and with a rapidly growing tiktok following of (36k 1 months ago) (81k Now 01/04/22) (93k Now 01/13/22) , products for this business can change over night and your following will understand because its part of your niche. This business can easily expand because we have spent 0$ on AD spend and have made over 11k in profit first month. If the business needed to be branded business could handle spending easy with 50% profit margins. We buy most of our products under $9 and resell them between 16.99-19.99 (changed) We have now added multiple products we ship our selfs with 50% profit margins as well. Our customers are a LOT more happy with shipping times being 4-6 days vs 1-1.5 weeks since we switched over to fufilled by seller rather than dropshipped. But rest assured if you'd like to keep it drop shipped that can be easily done. Note some products may not be available for dropshipping. + Forgot to mention for anyone with a strong skill in conversions this would be a walk in the park since we drive so much free traffic! Theres lots of room to improvement that will only boost sales! (:
Skills to have
TikTok account that has had exposure to over 11 million people will be given with store. The best part about this business is how simple it is to manage. Anyone with basic computer skills will learn this model easily. If your familiar with oberlo then this will be a walk in the park. As 80% of the work is automated, all you need to do is click a button to fulfill orders. Now if you choose the fulfilled by seller route which i highly recommend (since customer return rate is higher) you or worker, chosen fulfillment partner will have to fulfill these orders. Which will take a good hour of your day to do (:
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.