All prices in USD
  • Avg. revenue /month
    $7,833
  • Avg. sessions /month6,182
  • Avg. profit /month
    $2,600
  • Inventory value
    $10,000

Business Story

Why this business was started

I was already running another webshop when I started this one. I was interested in the product myself and immediatly saw there was a huge demand for the product. At first I sold the Airbuds on sites like Ebay etc. But after a month or two I made this Shopify website and that's when it really took off.

The reason of selling this business

Due to the fact that I have 2 other stores that are making more revenue than this one I won't be able to scale this store to the next level. I already let my girlfriend help me run this store but she works full time and has her own website as well so it's getting difficult to put in the time needed. If this store gets the proper attention it could grow way faster and bigger than it is now. It's hard saying goodbye to this store but it's just a logical step in my time management scheme and considering the other stores I have.

What's involved in running this business

I order everything on Alibaba. You can choose to do the fulfillment yourself or by a third party. Since a few weeks I started using [REDACTED] as fulfillment center for this store because I had no time to do the packaging myself, neither did my girlfriend. But if you don't have any other stores yourself and have the time you could do it yourself and it can save you some money as well, but that's your choice. The most important thing you can do for this store is contacting the right influencers and as many as possible (through instagram DM and sometimes e-mail if it's a bigger influencer). I do the costumers service myself but if you don't want to do this you can easily find someone on Fiverr to do this for you at a cheap price (I do this with my other 2 stores as well). Those are the main tasks running this business.

This business was founded: about 1 year ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $7,833
    Verified
  • Avg. sessions /month6,182Verified
  • Avg. profit /month
    $2,600
  • Inventory value
    $10,000
  • Profit Margin33%
  • Avg. sales /month130
Other details about profit: The avarage revenue in the last 3 months was over 55,000$. So the averages you see above is an all-time avarage since this store started, so the avarage profit in the last three months is a lot bigger than the avarage 2600$ profit you see above.
Total revenue
  • $101,826
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 80,377Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $14
      /year
    • paid apps
      $70
      /month
    • Influencer marketing (cost depends)
      $900
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Logo and social media pictures will be transferred through email.
    • Personal support after sale

      I will help you in every aspect of the business for as long as needed. I will teach you what to do and how to run and scale this business. I will show you how I manage my inventory, where and how I order my products, how I fulfill my orders and of course teach you the most important aspect of this business: How I do my marketing step-by-step (Mostly influencer marketing) so you learn to do all this yourself and understand every aspect of this business. I will help you for at least 3 months after the sale and I am confident you will have learned everything there is to know in those 3 months. However, I will still offer help after those three months if necessary.
    • Domain

    • Product photos

      Not Included
    • Social media

      Total followers2subscribers
    • Suppliers

      Not Included
    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    • The more influencers you contact the more revenue the store will have. Until now we only used Belgian, Dutch and German influencers but we already sold in other countries like France, Switzerland, Austria, Italy, Spain, UK and US, so there is definitly potential in those countries as well if you have the time to contact the influencers.

    Skills to have

    Since contacting the influencers and doing collaborations with them is the main way this store makes revenue there is really no need for specific skills. I usually just send them a template message and wait for their response. Once they respond and say that they are interested it's usually fast to arrange something. I did try some paid collaborations but I prefer sending one of my airbuds for free and make them post a few stories on their profile. This usually leads to the biggest return on adspent. I usually let them choose how to market the product and this has worked very well for me. If needed I will show you exactly how I do this but once you get access to the Instagram account you will be able to see all previous messages with influencers I collaborated with so you will know what to do exactly.

    Share

    LR
    Louis R.Current store owner
    I started the business in February 2019. At first I was running facebook and Instagram ads but quickly began doing influencer marketing on Instagram. This last form of marketing made it possible for me to scale this store to the next level. I contact influencers on a weekly and sometimes daily basis through instagram. The store has a lot of potential and is only selling in 3 European countries (Mainly Germany). Due to the fact I have 2 other (bigger) stores that need my full attention, it is getting difficult to manage this store.

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