I was inspired by seeing others doing the same thing, so started it so that i ca also be independent and can be a proud owner of an ecom store. I knew that these products would sell well, they target a wide audience and are very high quality and appealing.
We added categories from very popular industries and with more people looking to shop online, I knew that the store would do well. We currently have more than 50 products, of which 3 - 5 are supplied by our private supplier.
The reason of selling this business
I have started a marketing agency business and dont get much time to run the store as i was running the store myself. So thats why thought of giving it to someone who can give it time.
What's involved in running this business
You can fulfil orders by yourself, put all daily orders in excel sheet, upload it to supplier, make the payment and it's done. You can hire someone to handle the customer service part at 5$ an hour), you can hire from fiverr or upwork for that.
Transaction fees totally depends on sales per month.
This business was founded:about 2 years ago
Time to run this business:approximately 7 hours per week
Traffic and Performance
Avg. revenue /month
$1,652
Verified
Avg. sessions /month2,451Verified
Avg. profit /month
$1,000
Profit Margin25%
Avg. sales /month500
Other details about profit:We have done more than $60000 in revenue but In the later half the revenue declined a bit because we were focusing on other projects, the store got halted a bit as we were not getting time to manage it, that is one of the reasons to sell this store. But one thing is for sure, this store is built with tremendous effort and everything is optimised based on data. So everything in the store has been done for you, you just need to add products and you are good to go. Even few products currently on store have potential to do 6 figures.
Total revenue
$42,945
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
63,751Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Employees
$60
/month
Domain
$15
/year
Facebook Ads
$3,000
/month
Transactions Fees
$50
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
Will share you on drive.
Personal support after sale
Personal support for 15 days which will include 45 mins daily call on skype or zoom plus will guide on how you can on suppliers, will give you my list of 4-5 top private suppliers and will also guide you on how you can dropship from US and deliver in 4-7 days and lot more things.
Domain
Product photos
Its in the store only, once store is transfered, product photos go along with it.
Social media
Not Included
Suppliers
Will give list of my personal supplier.
Mailing List
2,000subscribers
Seller‘s Advice
How to grow this business
Currently this is a store with a private supplier from china who can ship 10k orders a day. Although very good, once the cash flow is there I would consider bulk buying to a fulfilment centre in the USA as that is where 99% of the customers are based.
I would recommend scaling this store with the use of fb ads. The possibilities are endless with good fb lookalike audiences.
We havent focused much on social media accounts, so practically there is no presence on Instagram, we just made a fb page to run facebook ads.
So you need to make a new social media pages if you want presence on instagram organically.
Skills to have
Having a basic to advanced understanding of facebook ads or you can hire someone to run ads for you, ads will lead to great success with this store. You can scale sky high with fb lookalike audiences. I would also recommend using instagram influencer marketing.
Share
NS
NIKHIL S.Current store owner
Hey hi, my name is Nikhil and i am the owner of High Street Urban. I started this store out of passion as ecommerce is my passion and certainly doing that only. we built this store with lot of nurturing and almost everything has been optimised to grow it as a brand name.
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