- Avg. revenue /month$87,461
- Avg. sessions /month41,058
- Avg. profit /month$18,363
Why this business was started
I thought of a new way to do the classical dropshipping store and thought I would try it out. It proves my concept works! After a couple months it has done over 455k and counting.
The reason of selling this business
I have been planning to work on another project for over a year now (not ecommerce). The opportunity came up recently where I am able to go ahead with it. I learned years ago not to spread myself too thin on multiple projects. It might end up dragging both things down.
As much as I don't want to sell this store. It is making a ton of profit and I have spent countless hours optimizing everything. I think it is time to let the store go so I can focus on my next project. I want to ensure the next owner is successful so I am providing anything I can to help them.
What's involved in running this business
Most of the tasks can be delegated to VAs pretty easily, but right now I am a one person bandwagon. It doesn't take a lot of time to run now that things are basically set up. Most things are at least semi-automated (like fulfillment and updating tracking etc.) The only time consuming part would be customer service, but overall that isn't a ton of time since everything is shipped from US warehouses via UPS or USPS. Not a ton of emails come through, if there is it is basic questions like what is the status of the order. Those emails are pretty easy to answer, just look it up on the store and you can see if it has been shipped or not. If shipped where is it.
Managing ads isn't time consuming, it takes less than 5 minutes a day to look at them and see either to increase budget or leave them be once you get everything set up.
If there is any issues with the order like a package got broken in transit, just let the supplier know. The are super responsive and answer 7 days a week. They will ship out a replacement the next day free of charge. The contacts of the supplier are included in the sale of the store as well.
Keep in mind I will be giving you the ad creative that worked for me, I will also provide ad creatives for products that you could test out. The only thing you need to do is take it over and you will be on your way to making money.
Traffic and Performance
- Avg. revenue /month$87,461Verified
- Avg. sessions /month41,058Verified
- Avg. profit /month$18,363
- Profit Margin22%
- Avg. sales /month3,482
- Shopify plan
- Abandon cart, quantity breaks etc.
- Facebook ads
Physical inventoryNot Included
Logo and branding assetsLogo would be transferred via Google drive
Personal support after saleI will provide 2 weeks of email support. You can contact me at all hours, I will answer once I see the email. It could be about anything. Got questions on an ad campaign? Send me a screenshot and I will troubleshoot it with you. I want to make sure you are set up to succeed.
Product photosAll product photos are already on the site, those will be kept there.
SuppliersI will provide you my supplier contact. They are super responsive. They work 7 days a week and respond to any needs/problems you have. If an order got damaged in transit, no worries. Send them an image and they will ship out a replacement for free the next day. They all got US warehouses so shipping is via UPS or USPS.
How to grow this business
This store has a ton of potential to grow and develop into a brand. First thing I would recommend is to expand the targeting for the ads to worldwide. Right now I am only targeting US and Canadian market and doing 6 figures in revenue per month. Once you expand to worldwide, your KPIs will go down even more. Which means more profit.
In terms of running FB ads, I am including a step by step document on how I was able to do it so you could follow it and get similar if not better results. Since you are getting the FB pixel, you can run look a like audiences on day 1. It covers what I recommend doing on day 1 as well as how to test and multiple ways to scale ads.
The sale also includes the ad creative, copy, interests on how I scaled the store to this level. It also includes ad creatives of potential products you could test out. Basically you get everything to help you succeed with this store from the start.
I would take advantage of email marketing to get customers that already purchased from the store to purchase again. The store comes with a fairly large customer database that you could segment to remarket to by either emailing them newsletters monthly or giving them coupon codes to the store. It would cost you next to nothing to get them to purchase. These are customers that already trust the store since they already made a leap to purchase the first time.
I would recommend expanding to different platforms as well. To name a few you could start advertising on Google Adwords, Pinterest, Snapchat, Youtube. Those platforms have their own version of the pixel allowing you to retarget across platforms no matter where the potential customer initially came from. This will increase the chance of conversions and retargeting campaigns makes it super easy to convert people compared to cold traffic.
Last thing is to focus on growing the social media accounts for the store. I will provide 2 documents on how to grow stores specifically for Instagram & Pinterest. I have experience growing accounts organically on those platforms. For this store I focused on split testing to optimize conversion rates so I didn't focus growing the social media aspect of the store, but with the documents you can do so easily.
Skills to have
Understand the dropshipping model.
The rest I can teach you since I am offering tons of documents that would get you up to speed and allow you to get the results like I did and offering email support after sale.
This is a great store for people that just understand the model to people that have done it before. I can make it beginner friendly as I will be providing documents and support to guide you through. I want to see you succeed with the store, after all I spent tons of time optimizing every aspect of the store. You will get support from me after the sale and everything to set you up to continue my success if not better than what I did.
This includes everything on the store (logo, domain, email list, optimized landing pages, settings of apps etc.) as well as FB pixel access, FB page, ad creative and copy of working products as well as ad creatives for potential ones. Step by step guide on what to do on day 1 for FB ads as well as how to test and scale products. Document on growing a social media account organically on Instagram and Pinterest. Document how to fulfill orders semi-automatically, apps & functions, how I find new products, what I recommend to grow the business, relaunch checklist, product page formula I have used and optimized.
A ton of resources & support.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
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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.
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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.
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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.