- Avg. revenue /month$1,523
- Avg. sessions /month316
- Avg. profit /month$1,522
Why this business was started
I created this business because I love ecommerce and I love electronics. I also love getting the notifications from Shopify every time I get a sale. It give me the motivation to work harder to grow and scale the business. Before starting this business my team and myself spent months and thousands of dollars conducting product research. We have had great success with this business. We have had exponential growth, and it is growing rapidly.
The reason of selling this business
We have decided to sell this business to fund the next step in our company. We are moving forward to create our own development business. We have proven that our techniques work over and over again, and we would like to offer our services to entrepreneurs who are looking to join the ecommerce community. We have fulfilled and completely all orders. All of our customers are happy and over 20% return to purchase from us again. This store is ready to be transferred to its new owner. We have maintained partnerships with our suppliers and have an excellent online presence. Everything is ready to go and set up for cyber Monday. We are willing to negotiate with serious buyers.
What's involved in running this business
Fulfilling orders. I have installed several apps that automate this process. Also, product research, this is actually my favorite part of the business.
We run engagement ads on social media platforms to drive traffic to our store. This helps gain new customers, and in turn, repeat customers. We do not focus on followers, but instead we focus on engagement. We have found that to be a far better use of our money than trying to gain followers. This number changes from day to day, but the engagement rate is always high. We also utilize email marketing, not only through the main website, but throughout our several sales channels. A current customer is more likely to buy again than a brand new customer. We use this strategy by sending out emails about our new or upcoming products and promotions. Our returning customer rate is at about 20% and growing.
We fulfill orders using the shopify platform paired with oberlo and its chrome extension. We have found that this is the easiest and most reliable way to fulfill orders. We have not experienced a single error in data migration from oberlo and its extension.
We receive too many orders on a daily basis that we fulfill the orders in bulk. This is a newer feature offered by oberlo and it saves us a lot of time.
As far as converting visitors into paying customers, we try to price our products as competitively as possible. We have spent years on product research. This research included finding the right suppliers. We are able to get our products for such low prices that we are able to stay competitively priced and make large profit margins. We average roughly 70% profit margins across all sales channels.
Traffic and Performance
- Avg. revenue /month$1,523Verified
- Avg. sessions /month316Verified
- Avg. profit /month$1,522
- Profit Margin70%
- Avg. sales /month1,536
- Shopify plan
- Facebook, Instagram
- Shipment tracking software
Physical inventoryNot Included
Logo and branding assetsLogo and brand rights. Everything is already uploaded on shopify. We also have backup files that we can send to you if you wish.
Personal support after sale100% free initial support for api integration and account setup. Additional support as needed, including any questions you might have about the products, marketing, order fulfillment, integration of sales channels, etc. We offer our support via email, other forms of communication may be used as appropriate, including phone and video calls. We offer free support for one month. Other options may be discussed with the buyer after the transaction is completed.
Product photosAll product photos. Each and every photo from every product is included and already prepared to transfer to the new owner.
How to grow this business
I would start setting up new collections and marketing campaigns in order to be ready for Cyber Monday. I would grow this business by continually testing new products and sales channels. Technology is always improving which opens up new opportunities to sell every day.
Skills to have
General knowledge of online marketing. If you are new to ecommerce I can help you get started. I offer free support after the sale. Basic computer skills, social media knowledge, and general knowledge of the sales channels that are used including Amazon, Ebay, etc.
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.