- Avg. revenue /month$10,210
- Avg. sessions /month23,171
- Avg. profit /month$5,000
Why this business was started
I decided to start this business originally as a means of side income. In 2018 it did fantastic but in 2019 I began moving to other business ventures. In 2019 I was not able to put as much time into which is why I am looking to now sell it as it has tremendous potential but I no longer have the time required to manage this store.
The reason of selling this business
I decided to sell this business due to me moving into other business ventures. It was an amazing run with this store and it makes me sad to give it up, but I no longer carry the potential as far as time goes to keep running the store.
What's involved in running this business
I hired a VA so order fulfillment was not done by me, but that is totally up to you if you wanted to go that route.
I would occasionally do product research but as I found a winner I focused more on branding the product to go full fledge on it.
The main focus here will be the marketing. Which I primarily used instagram influencers for that.
Traffic and Performance
- Avg. revenue /month$10,210Verified
- Avg. sessions /month23,171Verified
- Avg. profit /month$5,000
- Profit Margin30%
- Avg. sales /month100
- Shopify plan
- Oberlo plan of $80 is the higher part of cost. I just downgraded it, but it will be needed if you have a VA.
Physical inventoryNot Included
Logo and branding assetsLogo and all content I created or had fans submit will be provided via email. This includes mainly photos of the products.
Personal support after saleNot Included
Product photosI will email all photos I have acquired over time of owning the store. I can email those gladly.
Social mediaNot Included
SuppliersI have a good relationship with a supplier. I can connect you with them as well for the winning product I have.
How to grow this business
Via Instagram. I grew an audience to over 130,000 followers just posting content originally created by me, aliexpress photos, and photos sent to me from customers. I advertised on Facebook, but had most of my success on Instagram Influencer marketing.
I have tons of data I could also provide to the next store owner.
I have 37,500 emails collected in my email pop up. I have never done email marketing to this audience so that audience could be targeted or even tested on Look Alike Audiences.
I also had 10,000 orders placed in 2018 generating over $330,000 in revenue. This data is by far the best piece of information I have. This could be used to target again, or create look alikes as well.
I have hundreds of photos I'd gladly email of the winning product from 2018 which I can provide to the purchaser of this store to assist with branding and marketing this store.
I will not be providing the Instagram used to grow this store. How can you effectively grow this store? 1. With all the content I am providing, you will be able to start up your own instagram page and design it and even rename the store if you wish. So content will be taken care of. 2. You will begin to market the store in 2 different ways. You can use all the data I will be proving you to create audiences to target on FB Ads manager or you can create your own content and do influencer marketing on Facebook. 3. With all the content I provide you can go about creating your own Facebook page for the store, although I never did, thats not to say you cant as the new store owner, I just did better with Instagram on a personal level so that is why I ran with it. 4. The best way to grow and advertise the store will be via all the data I am providing.
Skills to have
General knowledge on Instagram Influencers would be recommended. If you are good with Facebook Ads thats always a plus and would definitely help a lot.
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.