- Avg. revenue /month$26,223
- Avg. sessions /month26,776
- Avg. profit /month$11,000
Why this business was started
Graduated in Architecture and Construction, and having been in the industry for several years, i was quite affected by the COVID pandemic (transitioned to part-time work), I wanted to venture into a more digital, pandemic resilient industry. I started this store as an experiment to learn and develop skills in this industry. I am quite the Apple fan, owned an apple watch, and just thought it would be a good starting point because i can shoot content myself. I did some research and found that margins are pretty healthy, so decided to dive straight into it. To my surprise, the results were really good, so i kept going at it.
The reason of selling this business
Several reasons - Partnering with a long time friend on a more local business selling farm-to-table produce (building upon skills learnt from this store), as our country has evidently been affected during COVID due to over-dependence on food import (food security is a big issue here). We invested into a small aeroponic farm, but have not been able to allocate enough time to it. - Burning out from sheer workload, juggling work and this project (almost solo business with some help from my girlfriend) - On top of my current commitments, my tenancy ends in soon without an option to renew, thus i will be very busy relocating.
I respect your time and interest in this business, so i hope you do the same. Please contact me and I will provide you a detailed document with screenshots showing all insights into the business, such as Facebook Page Quality, Social Account Insights, Facebook Ads Manager, Google Analytics, Shopify Dashboard, Email Marketing Reports, Order Tracking Numbers etc. basically all the information about the track record so you have full confidence of what this business entails.
What's involved in running this business
Review and optimise Facebook ads once a week, processing orders daily or every alternate day, customer service, posting on social media, communicating with supplier. I recommend creating your own content, or outsource it to freelancers. Hiring a virtual assistant would be highly recommended if you're scaling to anything above $50,000 per month. You would probably want to scale higher with the upcoming holiday season around the corner (Black Friday, Cyber Monday, Thanksgiving, Christmas, New Years, etc.).
Traffic and Performance
- Avg. revenue /month$26,223Verified
- Avg. sessions /month26,776Verified
- Avg. profit /month$11,000
- Profit Margin40%
- Avg. sales /month800
- Shopify plan
- Some gifts to micro-influencers for user generated content
Physical inventoryNot Included
Logo and branding assetsSquare logo, landscape logo, with and without backgrounds, website images, and FB Cover Images, about 10 files. Other images used for our socials will also be included, about 100 files. Everything will be transferred preferably by Google Drive.
Personal support after sale1 Week minimum via video/voice call, whichever is easier, but i am flexible, and will do as much as i can to ensure your success into a smooth transition. If more time is required, up to 1 month support, please note that i will be relocating come Nov, so i will be pretty tied up. As for refund/returns/chargeback request, we do less than $300 worth of refunds per month, so i can either offer this amount of $300 as a discount or one time payment to you to cover this cost. I also seek that you try to provide customer support for existing customers over this transition period, otherwise i will get charged hefty chargebacks. I can provide you a template of FAQs to common queries. As for unfulfilled orders, i will be running the store until the point of sale of this business. So please allow 2-3 days for me to fulfil all orders (before the agreed date of assets transfer), as well as 'password protecting' this store. I will also make an announcement on our socials whether it is 'transition to new management' or 'website maintenance', whichever you prefer. I also have a box containing many product samples from my supplier. I can ship this to you as i think it would be very useful for you to make future content. Assets that are included in this would be - Shopify Account - Domain (recently renewed) - Facebook Pixel - Facebook Page - Instagram Account - Ad Accounts - Physical Samples - Google Analytics - Google Merchant Centre Account - TikTok Account - Pinterest Account
Product photosAll product images (over 300 files), with large .psd files (all are well sorted according to their collections), will be transferred preferably by Google Drive.
SuppliersThere are many suppliers on Aliexpress, and I took a few months to test and validate a trustworthy supplier. The reason i decided to work with my current supplier is primarily due to a special shipping method that pains many dropshippers, which is a dedicated shipping line that provides augmented shipping (does not show China), and fast shipping times - our average is 9 days including processing time. My supplier is also very responsive and collaborative - for example, if they ship the wrong product or if the product is faulty, she never hesitates to replace them free of charge. I serve 15 countries, including the main ones like US, UK, Canada, Germany etc. There are some other smaller countries that my supplier has a logistics channel as well, so you may want to explore these markets.
How to grow this business
- Expand into new regions (countries)
- Expand to new advertising platforms (such as TikTok, Pinterest, and Google Ads)
- We currently only sell straps for the Apple Watch, so you may want to offer new products along this niche (working with the supplier), such as Fitbit, Samsung Watch, Garmin Watch Accessories, or even other phone and airpod accessories.
Skills to have
Shopify, Facebook Ads, Oberlo
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.