- Avg. revenue /month$5,226
- Avg. sessions /month7,016
- Avg. profit /month$3,248
Why this business was started
I was looking for a way out from my 9-5 day job and start getting into something new, something my friends/family are not doing and do something new. And i have always been curious about ecommerce and the opportunities it has. Making money online, was something that i wanted to try out. Decided to go into women's active wear, now that i know for a fact that women are really busy with their active wear and looking good.
The reason of selling this business
I have too much demand at this moment, i have been trying to hire someone to take care of customer service etc, however i am someone that does not trust people easy.. Always afraid of them taking something or making mistakes... So currently i am running everything myself, also in addition to that i am helping my fathers restaurant. So pretty overloaded. With mails (personal mails, my business's mails, my fathers business..)
I have not had a good day of sleep because of this business, there is too much for me and i am afraid of stressing too much will cause health issues.
Once i have figured things out with fathers business, and he sells his business i will then go into online again.
What's involved in running this business
Fulfilling orders, researching products once in a while(pretty easy click on new products on aliexpress and many great will show up) Running ads Customer Service Can't think of anything else at the moment, ask me if you are wondering about something.
Traffic and Performance
- Avg. revenue /month$5,226Verified
- Avg. sessions /month7,016Verified
- Avg. profit /month$3,248
- Profit Margin20%
- Avg. sales /month800
- Shopify plan
- Facebook(not correct haven't had a full month of ads yet added estimate)
- Product cost(not correct haven't had a full month yet)
Physical inventoryNot Included
Logo and branding assetsEverything, don't know how? We can figure it out.
Personal support after sale30 days support after sale. Will provide full support, run the store for you first couple of days and explain over phone/skype how everything works. Once you are ready you can take over and i will be there for you for some time. If more than 30 days needed, no problem. But i think 3-7 days of dedicated work is actually enough. Pretty simple to run.
Product photosEverything, don't know how? We can figure it out.
How to grow this business
There is a lot of potential for future growth. I have gotten a lot of messages from influencers to promote my products for free, due to they are looking really good.
First things i would focus on is too get into influencer market a bit more, i have done a bit however not enough. Did just a couple of insta influencer before black friday and actually acquired loyal customers from day 1. Definitely insta influencers. Youtube i know for a fact the big brands use a lot, i have yet not done it, tried to talk someone with big influence however my budget was not enough when i first started out, and i am thinking about doing it in mars/april if i have not sold the business until then.
Improve facebook ads, currently doing around avg. 2.2 roas i believe, there is room for improvement, i have not focused so much on ads due to no time.
Roll out new products each month, i have many products imported to oberlo that you can roll out for the next 2-3 months.
Get in touch with bloggers.
I believe if i invest $10 000 with influencers it will payoff 5-10 times.
Also maybe start ordering bulk from China will save you a lot of money. Been in contact with some suppliers, and i believe i am ready for ordering 3000 inventory for this business. It will sell, that i know.
Skills to have
My setup is very simple, i have zero knowledge in ecommerce, did not expect it to do so good, so i learned everything during the start.
Main thing will be i believe to place orders through oberlo. Also maybe facebook ads, could be something you should be aware of. Everything is setup now, however room for improvement always.
You can ask me if there is anything you are wondering about, i am not sure what other knowledges there should be in this simple business model.
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