All prices in USD
$84,999
  • Avg. revenue /month
    $7,831
  • Avg. sessions /month2,607
  • Avg. profit /month
    $1,500

Business Story

Why this business was started

I work in IT and was looking for a way to create a side hustle that would bring in extra money. IT and entrepreneurship are related, and I wanted to challenge myself to build a site that people go to and actually buy from. The drop shipping model has always intrigued me and I wanted to see if it worked for larger items over $300 - it does.

I researched a lot of different dropshipping products but was not keen on a 1 product store that only makes $10 profit per sale. I decided to go with the home decor industry because I actually needed a bed and mattress for my spare room. Once I found my supplier and realised the margins on selling beds, mattresses and larger decor items would mean making minimum profit of $100 per sale, I was excited to start my business venture and start making money.

My selling method includes - Sales comes in my shopify store, I then go to my supplier site at the end of the day and process the payment and order.

The reason of selling this business

With a full time job and three kids under the age of 5, I just don't have the time to invest in making this store what it should be - which is a home decor brand.

What's involved in running this business

Updating product information and stock - Currently I do this manually, which means opening an email in the morning, doing a cut and paste into a csv file and then uploading into shopify. note - my supplier does have an integration that automates this entire process I just haven't gotten around to connecting the App and the API - but the instructions are quite simple.

Marketing campaigns - currently I have 1 facebook campaign which I manage.

Responding to customers/communicating with supplier - if a customer has a question or complaint, I am essentially the middle person between the two.

Sending tracking details to customers - Currently I do this manually. The supplier provides the tracking numbers for orders via email/website. I have a template I use to send an email to the customer with their product and the the tracking number and link to courier website. Note: this can be automated also using the API.

Facebook page updates - posting products and updates on the facebook page

This business was founded: about 3 years ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $7,831
    Verified
  • Avg. sessions /month2,607Verified
  • Avg. profit /month
    $1,500
  • Profit Margin20%
  • Avg. sales /month40
Other details about profit: all sales are through shopify.
Total revenue
  • $281,920
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 93,870Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $49
      /month
    • Domain
      $20
      /year
    • Sales Pop up showing 'someone from xxx purchased this product'
      $29
      /month
    • facebook
      $1,400
      /month
    • Google workspace
      $8
      /month

    Sale Includes

    • Physical inventory

      Not Included

    • Logo and branding assets

      I used a designer on upwork to create my logo and branding and have the original illustrator and pdf files available for the new owner to download via google drive.

    • Personal support after sale

      Can offer the following for two weeks post sale via phone and email. - training/guidance on inventory and product CSV update process. - training on processing a sale on the supplier side - training/guidance on sending tracking details to customers post sale - training/guidance on handling any customer queries or requests for returns or warranty issues.

    • Domain

    • Product photos

      All product info and photos are supplied by the dropshipping supplier site via a CSV file download.

    • Social media

      Total followers2,400subscribers

    • Suppliers

      As mentioned - I use only one supplier that I can easily transfer over, but also have a second that is ready to go.

    • Mailing List

      159subscribers

    Seller‘s Advice

    How to grow this business

    Currently I only use 1 dropshipping supplier in Australia for all products on the site. I recently found another one that has a large number of additional items that I have yet to add to the website. Will be happy to share this supplier.

    Obviously marketing is a key part to driving traffic and sales. Currently I only advertise on Facebook - using one campaign and only one image, so there is significant room to grow the business utilising more optimised facebook ads strategy along with SEO and Google AdWord campaigns which are not being used at all.

    Skills to have

    As a 1 man show, I wear all the hats for this business. This includes running the marketing, website tweaks and replying to customer queries.

    Basic knowledge of product and inventory updating on shopify required

    Share

    MF
    Marcos F.Current store owner
    I started this e-commerce drop shipping business as a side project while working full time in IT. I wanted to try drop-shipping and see what all the fuss was about. I am very meticulous when it comes to design and user experience. I built the website myself. It has grown significantly over the last year and in this specific case, Covid and lockdowns positively effected sales. The brand has also grown with over 2400 followers on our facebook page and 30 '5star' reviews.

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