- Avg. revenue /month$17,136
- Avg. sessions /month10,830
- Avg. profit /month$5,000
Why this business was started
My former workplace experience rough financial times which ended up laying off many workers, I was one of them that was affected. I've discovered drop shipping and decided that this would be a great business model to venture into. I am now currently looking for full time work and will be working on another store in the near future.
I found a space in the market place that in my opinion was not yet being marketed or taken advantage of as best as it could be within a potentially huge industry. This service is offered in professional salons at a high cost for a one time treatment but this product is an at home kit that allows you to perform the treatment yourself for an average of 12 times at a fraction of the cost.
Upon doing research and testing, it was clear to see that this was a product that many people want but may not know it exists. One competitor has millions of views on their Facebook advertisements and I knew that I would be able to build a more elaborate store than theirs and take a piece of the pie.
The reason of selling this business
Took a few months off to build out this business but currently looking for full time work. For that reason, I have not managed my campaigns properly or give time to the project the full focus it deserves. As a result, sales and profits have declined.
As it has been built up in a good way with a seasoned Facebook pixel, I would rather pass it onto someone else who can take this business to its full potential. Only Facebook ads was used on my end to drive traffic to the business. Have not explored any other form of marketing or utilized my email list. There is huge growth opportunity for an individual well-versed in operating and driving traffic to an online business.
My drop shipping venture has been a hell of an experience. Glad to take the skills developed building out this business to my future work place.
What's involved in running this business
As it is a dropshipping type of business, it basically consist of receiving orders from customers, then ordering the products on the online platform on the distributor and give the shipping information required for the customer to receive its package straight from the distributor. I tend to order in bulk and ship out to customers in-house from time to time to increase margins.
Responding to email inquiries and social media comments is involved as well.
The writing of blog posts, sharing on social media, mailing list and other marketing strategies is favorable to gain more authority, improve ranking as well as the conversion rate but it is up to the next owner.
Traffic and Performance
- Avg. revenue /month$17,136Verified
- Avg. sessions /month10,830Verified
- Avg. profit /month$5,000
- Profit Margin15%
- Avg. sales /month850
- Shopify plan
- paid apps
Physical inventoryNot Included
Logo and branding assetsLogos, branding and advertising assets transferred through new owner's preferred method.
Personal support after saleFull support for 1 month. Will train and do everything necessary to hand off the business smoothly to the new owner. If problems or questions arise in the future, I am an email or phone call away!
Product photosProduct photos used on the website, can be transferred through the preferred method of the new owner.
How to grow this business
- Definitely advertise the other products on the website. These are validated, hot items that are trending on social media that many individuals have made good money off of. - Look into branding the product to differentiate the product from other companies.
- Branch off into different marketing methods such as email marketing, influencers, SEO, google shopping, etc.
Skills to have
Great understanding of Facebook Ads, social media marketing, customer services, curating content.
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.