- Avg. revenue /month$49,788
- Avg. sessions /month142,446
- Avg. profit /month$7,000
Why this business was started
I started this business when I realized the potential this product had. The target market is truly anybody in the world. I have seen success targeting all ages, genders, and regions. This product is compatible with Android and iOS so the target market is very large. I also have a relationship with a supplier that offers one day fulfillment, lowest prices on the market, custom packaging, and faster shipping. This supplier relationship could be given to the new owner. I saw this as a great opportunity to open up my second shopify store but I now find myself too busy with my main store to give this business that attention it needs to reach full potential.
The reason of selling this business
I run a very large dropship brand and built this store on the side when I recognized its potential. I built this store with the intention of selling it once it is large enough that I am no longer able to run it as a side business. Someone who has the time and knowledge to continue the growth of this store would be able to continue these strong results for the longterm. The new owner would recover their investment in just a few months.
What's involved in running this business
A virtual assistant does the day to day operations of order fulfillment and customer support so the owner must communicate with her about any discrepancies as well as run the marketing for this store.
Traffic and Performance
- Avg. revenue /month$49,788Verified
- Avg. sessions /month142,446Verified
- Avg. profit /month$7,000
- Profit Margin15%
- Avg. sales /month2,000
- Shopify plan
- Paid Apps
Physical inventoryNot Included
Logo and branding assetsAll digital assets can be transferred by email.
Personal support after saleI am able to help the new owner transition for up to three weeks if necessary. We can discuss order management, supplier relationships, and the creation of Facebook ads. We can complete this over Skype or email.
Product photosAll digital assets can be transferred by email.
Social mediaNot Included
SuppliersI work with an amazing supplier that uses the lowest prices on the market, one day fulfillment, custom packaging, and fast shipping lines. I can connect the new owner to this supplier to continue using them.
How to grow this business
This store is ready to be scaled globally with facebook advertising and effective retargeting. I would suggest adding additional products to increase average order value. There is also potential to begin advertising on other platforms such as google and snapchat which I have not tested yet. Advertising for this product gets very low CPC which brings in very cheap traffic. Utilizing retargeting on multiple platforms will be a great way to grow this store.
Skills to have
The new owner should be familiar with a basic dropship business model and be able to run facebook/instagram digital marketing. They should also know how to research new products to test on this store. Increasing the number of products available will be a great way to increase average order value and returning customers.
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.