- Avg. revenue /month$7,433
- Avg. sessions /month8,680
- Avg. profit /month$1,850
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$7,433Verified
- Avg. sessions /month8,680Verified
- Avg. profit /month$1,850
- Profit Margin18%
- Avg. sales /month800
- Shopify plan
- Facebook, google ads
- Product cost
Physical inventoryNot Included
Logo and branding assetsStore, social media accounts, images, contents.
Personal support after sale30 days support after sale. Will provide full support for 30 days. Pretty simple business, don't even think my support is needed, but it is there if needed :)
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 not done much there. 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. 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 if i do not sell my business.
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. Customer service. Theme is pretty simple, most of editings you can learn just by clicking a few buttons(prestige theme worth $180) 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.
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.
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