- Avg. revenue /month$2,283
- Avg. sessions /month3,100
- Avg. profit /month$1,150
Why this business was started
I started this business because I needed a second income and I didn't want to buy and hold inventory. Selling on-line as a drop shipper was the easiest to setup and with 3 kids I didn't want to spend alot of time with it. It's alot of fun and there is alot I didn't know about running a business that I wanted to learn. I saw alot of people I knew having great success with an at home business, so I knew I could do it! Making money in order to stay home with my kids is my main goal.
The reason of selling this business
I am starting a craft store, which is not related to this one I and want to focus my time and energy on it as I super excited about crafting. I find that I don't have the time for both stores. I know its a great store with fantastic potential, and we have alot of good reviews from customers. I've worked hard to create a great base and customer service, but am tired of the niche and want to move on to something else.
What's involved in running this business
I spend 5-10 hours a week answering emails, ordering products and investigating new products, running and monitoring ads. The email and sms campains and flows are written and don't need much time unless you change sales for seasonal gifts.
Traffic and Performance
- Avg. revenue /month$2,283Verified
- Avg. sessions /month3,100Verified
- Avg. profit /month$1,150
- Profit Margin40%
- Avg. sales /month120
- Shopify plan
- email and text marketing, Ultimate Special Offers
- facebook, instagram
- admin fees, returns / chargebacks, shopify/paypal processing payment fees, depends on how many sales a month
Physical inventoryNot Included
Logo and branding assetsBanner / logos / social media photos / ad copy / product photos and Files will be sent via google drive
Personal support after sale30 days support for running the store, answering questions on logins, domains, customers, facebook ads, apps support (ie what apps I use), mailing lists, sms lists, change of ownership / account changes. I can answer questions on why the product is priced the way it is, what the feedback from customers is. What the best selling products are and why. I can train you on how to change variants, add products, how to source the products. I can give you a quick tutorial on what audiences work with the products. We will work over email, messenger and zoom for face to face meetings.
Product photosAll product photos that I have taken or created myself will be transferred to a google drive. The product photos on the product pages will be available via the shopify admin app.
SuppliersUsing Source Inbox currently to process and ship. Will introduce you to my personal account person and buyer. You will use the app to order your products and to ship them to the customer. You can talk to them via messenger or via the email on the app. They usually answer within a day or within the hour if they are at work (time change to China)
How to grow this business
I would increase email marketing, because I have alot of followers and people who have signed up to the store. That would increase customer and return customer order. I would focus on one or two products to brand because stores work better when you have a brand. I have been thinking about changing the logo as well to make it more "kid like". I have alot of influencers on instagram who want free products to recommend and are willing to work with me to promote the store. And I would start working with instagram accounts that compliment my store and work with them to always tag them, and they me, which helps increase followers. I think we should add a maternity section to the store, that sells well.
Skills to have
Understand how dropshipping works. Understand kids and parents. Understand the needs of parents, like keeping kids from screaming in the car during travel or vacations and helping them to sleep, create a safe bedroom and importance of educational toys. Travelling with kids is a huge issue for parents and there are a ton of products to help with that. Understand what moms need from maternity to pre-school and how these products can help. Need to be able to take pictures of products and use them on one social media account. Facebook/instagram,
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.