- Avg. revenue /month$11,389
- Avg. sessions /month8,294
- Avg. profit /month$2,000
Why this business was started
I saw a need in the market for the types of products I am selling and also wanted to create an extra revenue source for myself. I had seen many back health products being successfully advertised on facebook especially when COVID began. I tried a few different products and finally settled on this one as it did the best sales and profit wise.
The reason of selling this business
I had a business opportunity that presented itself to me at the end of January and it is more appealing to me and that I am more passionate about. I no longer have time for this business unfortunately despite its great performance in only 2-3 months.
What's involved in running this business
Generating traffic via advertising on facebook/google ads. Maintaining customer relations through quick and helpful responses to their inquiries to our support email. Order fulfillment and shipping is done by my supplier which I can give the contact of. Retain and retarget customers to make them repeat customers through email and text retargeting advertising. Keeping an eye out or listening to what the customers may want in a new product and attempting to supply them with such a product.
Traffic and Performance
- Avg. revenue /month$11,389Verified
- Avg. sessions /month8,294Verified
- Avg. profit /month$2,000
- Profit Margin10%
- Avg. sales /month260
- Shopify plan
- shopify apps
- Transaction fees(2-3% of sales depending on platform)
Physical inventoryNot Included
Logo and branding assetsAll logos and brand material will be transferred through email or dropbox.
Personal support after saleI will provide 2 weeks of support after the purchase in order to help the buyer get up to speed and understand the business better.
Product photosAll photos are already in the shopify admin.
Social mediaNot Included
SuppliersThe buyer will be given the contact of my supplier in order to make the flow of inventory seamless.
Mailing ListNot Included
How to grow this business
Branded products and investments into better advertising content and more outreach. From the prior research I have done, branded products have a higher conversion rate which leads to more sales and lower advertising costs. Better content will also achieve lower advertising prices by lowering the cost of customer engagement on both the facebook and google ad platforms.
Skills to have
Plenty of skills are required to be successful in this business. I would say that firstly it would be the ability to research and adapt to new changes that are done in the e-commerce space. First to adapt usually do the best. Other skills such as prior experience with advertising on facebook and google can be helpful. A proper approach to customer service is invaluable.
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.