- Avg. revenue /month$1,106
- Avg. sessions /month346
- Avg. profit /month$250
Why this business was started
The opportunity came along upon discovering that quality denim suppliers based in EU struggle with their online presence. They were trying to enter UK market as well as expand in EU via digital marketing, but did not know how to reach new customers. Being aware of the fact that well designed and quality denim products are in demand on both markets, I decided to open a channel that would work with well established suppliers, but hold no physical inventory. This is how [PRIVATE INFO] came into play.
The reason of selling this business
While I'm mostly focusing on retail side on my business I struggle to find enough time to take this project further. I believe it offers great opportunity to a person who has more time than I and would get fully involved.
What's involved in running this business
Publishing New Products New products are published weekly following updates on our suppliers websites. We are allowed to use their pictures, and with time replace them with our own allowing to improve visual. All suppliers communicate swiftly regarding product details.
Inventory Updates Stock updates follow daily notifications received from the suppliers. This is done manually now, but can get automated.
Social Media and Email Marketing Scheduled social media posts and emails allow our customers database to see what we have in stock and place their orders.
Processing Orders Our customers orders are forwarded to our suppliers who fulfil them directly with our details.
Customer Service Managing B2B communication with customers on daily basis.
Traffic and Performance
- Avg. revenue /month$1,106Verified
- Avg. sessions /month346Verified
- Avg. profit /month$250
- Profit Margin24%
- Avg. sales /month5
- Shopify plan
- Paid App
Physical inventoryNot Included
Logo and branding assetsThe sales will include full ownership of: 1. The domain transferred via the domain supplier 123-reg. 2. Shopify webstore transferred via Shopify's admin. 3. Gmail account of jeansgemswholesale with the password. 4. Social media accounts including user logins and passwords 5. Logo with full intellectual rights shared via email. 6. Any banner images, social media cover photos and advertisement graphics shared via Dropbox
Personal support after sale14 days of online and phone support will be provided to the buyer after the sale.
Product photosProduct photos are included with the Shopify webstore.
SuppliersOur suppliers will be introduced to you in order to assure the business continuity.
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.