- Avg. revenue /month$5,935
- Avg. sessions /month4,294
- Avg. profit /month$1,604
- Inventory value$24,700
Why this business was started
It is very simple to understand why we started this brand on the German market; there were no competitors in this product niche. And the success was here.
The reason of selling this business
Currently, we have 4 brands that we have created and developed. For some of them, we reach more than 1M USD a year. Unfortunately, we don’t have the time to allow enough time to all of them. That is the reason why we decided to sell our brand.
What's involved in running this business
It won’t take you more than 5 to 10 hours a week if you are good in organisation and if you delegate some repetitive tasks. To be more precise, for this kind of brand you will have to hire a V.A on fiver or Upwork to help you with the customer service; this is the 1st thing that you have to delegate. Regarding Marketing, you can create some ads on Facebook ads and Google Ads, and many strategies have to be tried. Like Tiktok ads, Snapchat ads, and Pinterest.
Actually, on this brand, there is a whole emailing marketing strategy developed and implemented. We have worked with one of the biggest emailing marketing agencies, and more than five flows are set up to send more than 45 emails!
Also, you can develop the influencer marketing strategy and try new approaches like a micro-influencers marketing strategy.
Traffic and Performance
- Avg. revenue /month$5,935Verified
- Avg. sessions /month4,294Verified
- Avg. profit /month$1,604
- Inventory value$24,700
- Profit Margin25%
- Avg. sales /month217
- Shopify plan
- Inventory warehouse
- Influencer marketing
- Loox App
Logo and branding assetsThe transfer will the branding element will be made on a drive.
Personal support after saleNot Included
Product photosThe transfer will the branding element will be made on a drive.
How to grow this business
They are many opportunities and way to grow this store in the five next years.
First of all; E-commerce is one of the best leverage to increase turnover because the profit is sensibly higher than the other. Also, we can create a real community around the brand, and one of the most important points in the valuation of an E-commerce business is the community around the brand. Also, you are the only seller of your product, and you have the power to chose a good price to fit well with your market. So you know what you have to do now!
Secondly, there are the Marketplaces. Take the example of Amazon. Many brands are available on Amazon and have created their own shop on the marketplace. it is a good way to increase your legitimacy. Customers think you are a big brand when they can buy your product on amazon. Also, it can develop your number of sales. As you know, Amazon is one of the biggest websites, and the number of visitors is just sick. So if your offer works on your website, why not on Amazon? And to finish with Amazon, you don’t pay your customer! Amazon just takes success fees when you sell something! So, in conclusion, the risk is very low for your business, and the opportunity is enormous.
Finally, there are some opportunities in the retail. if you are here, it is because you are concerned about E-commerce, and you know that E-commerce is currently the new eldorado. But retail is always and for many years one of the best ways to develop and sell in the big quantity your product. When you have a product that sells well on E-commerce, it is easy to work with a distributor to sell your product on physical shops. The retailer will buy you a large amount of product before selling it, so you don’t take any risk, and you have many advantages like the volume, the visibility for your brand, and legitimacy! Now your brand is right next to Coca-cola!
Skills to have
You have to be determined; every E-commerce entrepreneur has to be determined! For this brand, you have to know the basics of E-commerce; you have the chance to be in front of a brand with important potential. For sure, you have to know how to make some ads, or you have to work with a person that knows how to. Also, you need some basic knowledge about negotiation to deal with the suppliers, but we have built a good relationship with them. To summarise, you don’t need specific and important skills or knowledge to develop this brand.
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.