- Avg. revenue /month$9,710
- Avg. sessions /month12,520
- Avg. profit /month$10,000
- Inventory value$250,000
Business Story
Why this business was started
I could see that the health and beauty space was popular on Instagram, having worked with instagram influencers on a few previous projects, I knew the power of the platform and thought that if I had I those users would want anyway, it would be a great way to make money.
Further to that I had some good relationships with local suppliers enabling me to dropship in the UK with fast delivery time (3 to 7 days).
The reason of selling this business
I dont have the time taken to make this successful, it generates some passive income but a lump sum would be better for me now as I am investing in more stock to grow my other businesses.
What's involved in running this business
Managing snapchat ads (only a small budget at the moment)
Orders are fulfilled automatically from the warehouse where the stock is held.
Customer service queries - 1 to 2 hours a week.
To grow the business, contacting influencers, there are a load of agents and influencers in the email and instagram account which you could speak to.
Traffic and Performance
- Avg. revenue /month$9,710
Verified
- Avg. sessions /month12,520
Verified
- Avg. profit /month$10,000
- Inventory value$250,000
- Profit Margin20%
- Avg. sales /month1,200
Expenses
- Shopify plan
- $29/month
- Inventory warehouse
- $100/month
- Domain
- $15/year
- Frequently bought together
- $30/month
- Snapchat
- $1,200/month
Sale Includes
Physical inventory
Logo and branding assets
However the buyer wishesPersonal support after sale
I can dedicate a minimum of 2 hours a week for at least 3 months. This will mainly focus on how to use influencers profitably. Including how I was able to get 600 orders of an influencer which cost $400Domain
Product photos
Photos were done at a full photo shoot which cost $2000Social media
Suppliers
The supplier is a great guy. We have access to lots of products and can fulfill orders within a week. This relationship will be passed on so you can add new lines and offer great fulfillment times.Mailing List
14,000subscribers
Seller‘s Advice
How to grow this business
Work with US based influencers and run Snpachat ads in the USA. With a dedicated 40 hour work week and some advice from myself this store would do $60,000 revenue a month with 15% margin
Skills to have
Influencer marketing, I can provide a short course on this to explain how we managed to generate the revenue we did for this store.
Snapchat ads, Facebook ad account was shutdown due to running ab toner ads, have not set up a new one as the majority of sales were coming from influencers.
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