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$50,000 USD

Private listing #650077

Appears in Fashion and apparel , Illinois, Oberlo stores for sale, Established stores, Dropshipping, Lifestyle, Home Business for sale, United States, Large Business, Business and Franchises under $50,000, Private listings

General description

We are an an online boutique curating women's apparel from US and Asia/Pacific suppliers. Our marketing strategies include Lacy Lingerie, Salty Swimwear and our best selling "Bed-To-Brunch" series: "Treat Yourself To Versatile Pieces You Can Wear Morning, Noon and Night. We call them Bed-To-Brunch! It's kind of a thing."

Our mission statement: (store name), A boutique intimates line of today's sexiest apparel at great price points. Based in Illinois, we curate a gorgeous line of lingerie and seasonal trends. We believe each of our pieces tell a unique story. A bedside story of feminism, subtle sexiness, classy elegance, and true romance. So go ahead and treat yourself to one of our stunning pieces, and create your own (store name) story. You deserve it, babe. And as always, you can feel good about every purchase you make. We donate 10% of every purchase, to causes that help humankind and this beautiful world we live in.

We advertise on Facebook and Instagram and have also worked with social media influencers which are great "trust" factors for our social media pages.

We pride ourselves on outstanding customer service and we continuously receive praise from our customers through email and direct messaging. With over ten years experience in various customer service and marketing positions I have a great understanding of how to communicate with customers and resolve disputes. In essence, you are buying a company with happy customers and no history of outstanding complaints, chargebacks, or customer service issues.

Financials and traffic

(store name) launched in mid-February 2018. During our first full month (March 2018) we grossed $31,123.46 and profited 18K! We were off to an incredible start. During April we suffered a blow as we learned that the manufacturer of our best selling product would no longer produce it. They reasoned that it was difficult to make and their profits were too low to continue production. As a result, the store's gross sales during the months of April, May and June were not as impressive. After months of searching, we found another supplier for the shirt and we are back in business! We began selling it again on July 13 and from July 13 - July 29 our store grossed $13,238 in sales. To give an even better idea: Last week the store grossed $7,768.97. Our product costs through AliExpress were $3,240.11 and our Facebook/Instagram ads were $1,696.27... making our net profit $2,832.59 (That's a 30% margin and a
take home pay of $147,294 per year). With this continued success, we will easily gross 28K in August 2018.

Average profit/month

$17,000 USD

Average overall profit margin

30%

Average number of sales/month

633

Lifetime revenue

$73,164.00 USD

Lifetime traffic

53,914 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Expense item

Cost

Shopify plan

$79.00/month

Subscriptions (ie. Mailchimp, apps)

$140.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$9,000.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Mailing list

6,042 subscribers

Social media followers

8,423 people

Q & A

Why should someone buy this store?

The foundation for success has already been built for you. Our store's traffic is in the top 1% of stores that launched the same week we did. Our average order is $59 and our average store conversion rate is 2.31% (.56 higher than the average in our industry). We have a winning Facebook ads strategy with winning products already in place for you. You just have to take the reigns and rinse and repeat. This store is more than just a source of income. It is a valuable asset that anyone would be proud to own.

How can the future owner improve the business?

1) Improve SEO: Hire an SEO specialist to increase organic traffic.
2) Improve Facebook ads cost per purchase. Optimal cost per purchase is $5.
3) All our social media influencer relationships have been done for product & picture trade. Of these trades, the most followers our influencers have had is 20K. The aim for these trades is to post influencers wearing our products to show "trust" on our Salt and Lace Intimates Instagram and Facebook pages. Another form of influencer post is a paid post, using an influencer with a high following. You could try a paid influencer post-someone with a high (275K or so) following to see if they could send their followers to Salt and Lace Intimates for purchases.
4) Create solid Email Marketing Campaigns. We currently do not do email marketing.

What work have you put into the store?

They say a drop shipping store is all pre-loaded work. Countless hours were put into this store in the beginning. It has seen many theme changes in design and product collections over the past several months. We've added and tested approximately 230 products and have narrowed down our top winners - giving them prime positioning on our home page. Over the past several months we've nailed down exactly what works for conversions with our customers. Our pixel has fired over 30 thousand times and the data is primed. Our lookalike audiences are precise and are performing very well.

How many hours does it take to run this business per week?

25 hours

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