All prices in USD
$360,000
  • Avg. revenue /month
    $35,258
  • Avg. sessions /month27,385
  • Avg. profit /month
    $5,893
  • Inventory value
    $15,988

Business Story

Why this business was started

We wanted to work from anywhere, anytime and not having a work nor business that is local-specific.

The reason of selling this business

We have plenty of our projects/stores going on and can’t manage all them at once. Focus is everything and since we are men, this project is not so fulfilling for us as much anymore.

We seek out for new challenges, but at the same time we don’t want to let [PRIVATE INFO] just die, we want it to thrive since it’s our first, really successful online business.

With that being said, we will be very picky to whom we will sell this business.

What's involved in running this business

First, it requires a leadership. You will run a lean team including VAs to answer your e-mails, suppliers that ship your goods and more as you will grow.

Second, it requires systematisation. With systems, you will automate majority of the work. You shouldn’t have to work more than 2-4 hrs /day on the business. There were times I literally spent 30 minutes /day, just managing ads.

Thirds, it includes finding new potential winning products, creating your own custom content, getting content from influencers/actors, running a lot of creative testing on Facebook, and then scaling what works.

This business was founded: over 3 years ago
Time to run this business: approximately 21 hours per week

Traffic and Performance

  • Avg. revenue /month
    $35,258
    Verified
  • Avg. sessions /month27,385Verified
  • Avg. profit /month
    $5,893
  • Inventory value
    $15,988
  • Profit Margin15%
  • Avg. sales /month3,000
Other details about profit: With super low COGS % (our products have high perceived value and thus can be sold for a lot), our overall profit margin with this business is 15%, because we didn’t know much about how to run na business and first 6-9 months were literally just trial and error. Now, we would be able to run the business with 20-30% profit margins consistently.
Total revenue
  • $1,375,067
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,068,015Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $4,800
      /month
    • Employees
      $400
      /month
    • Domain
      $14
      /year
    • Klaviyo, Carthook, VITALS, Proveway track, Image edit by HEXTOM
      $800
      /month
    • Facebook ads
      $20,000
      /month
    • Camtasia
      $0
      /month
    • Google ads
      $600
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      We will send you all logos and branding assets via WeTransfer or upload them to Gdrive for download.
    • Personal support after sale

      We will consult you for 2 months after sale. There will be weekly calls for 60 minutes each. We will also give you a life-time access to our extremely thorough program on how to start and scale a dropshipping business.
    • Domain

    • Product photos

      We will send you all logos and branding assets via WeTransfer or upload them to Gdrive for download. The same applies for all of our video content.
    • Social media

    • Suppliers

      We have a super effective supplying chain. One supplier we use for stocking products in US warehouse for extremely cheap prices (jewelry is generally a light and small product, thus shipping freight is very low). Shipping times 2-3 days. Another supplier we use to ship worldwide. Shipping times 3-8 days. During COVID it takes around 7-11 days on average for the order to arrive. We will get you in touch with both.
    • Mailing List

      43,443subscribers

    Seller‘s Advice

    How to grow this business

    *Important note - A part of this sale is a German version of the English store where we made over €150k across 2 advertising months With 18% profit. The final price is a price including both stores.

    Simple. By leveraging Facebook advertising platform. Especially due to current circumstances, there has never been a better time to start an eCommerce website.

    This especially applies for our niche, spiritual jewelry. Spirituality and well-being is more important than never.

    Further, when combined with the fact that our winning products are not generally known products in the dropshipping industry, all that plays to your advantage.

    Thus, first step is to scale current winning products (more information only for those seriously interested in buying) by testing large variety of creatives from the arsenal of our own custom made content. We run Facebook advertising only, with some Google remarketing.

    Important to note that great visuals and copywriting are important skills for jewelry more than for anything else, especially on Facebook platform. You must create an appealing story around every product.

    After finding a winning creatives (which should be easy since we will show you all our past winning creatives to get an idea of what worked for us), you will scale through our most profitable audiences and eventually transition to broad audiences.

    We recommend getting a US stock for the 2-3 best-selling products through our supplying agent. The delivery is then 2-3 days. (Our current customer feedback on Facebook is 4.2)

    Next step, once you reach around $300k+ /monthly revenue, is white-labelling and investing into packaging, branding, and influencers. By doing so, you are increasing your brand awareness and at the same time are creating an automated content-generating machine.

    As of then, sky is the limit. You can start expanding to Pinterest ads, Google ads, TikTok ads, and much more.

    Our goal with every store we build is to build a brand that positively influences lives of every single customer we acquire. We do that by shooting custom content and creating a compelling story for each product we sell.

    Skills to have

    Understanding of eCommerce industry - how the conversion funnel looks like.

    Undrestanding Shopify platform and dropshipping business model.

    Understanding Facebook ads.

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