I loved the idea of selling geeky jewelry but I wanted a low-risk business which is why I used the drop-shipping model. This way, I can run a store, but my expenses are minimal since I don't hold the inventory myself. It also allows me the freedom of testing different products out since I am not stuck with a loss if certain jewelry isn't as popular as others
The reason of selling this business
I am going to be moving out of the country soon and would like to sell the business as owning a foreign business will be a very complicated process for my income taxes.
What's involved in running this business
To run this business, you need to fulfill orders by ordering them on AliExpress to arrive to the customer's address. You need to market your business on instagram and facebook by posting once a week. You also need to engage in instagram stories on a daily basis. You can plan this type of marketing out once a week, or plan it daily. You also need to keep things fresh by introducing new products once or twice a year.
This business was founded:almost 3 years ago
Time to run this business:approximately 15 hours per week
Description
General description
[PRIVATE INFO] uses a drop shipping model to sell accessories. [PRIVATE INFO] has found success in selling medically themed and science themed accessories. This store sells necklaces, bracelets, pins, earrings, rings and USB drives.
[PRIVATE INFO] has an Instagram, Facebook and Pinterest page. [PRIVATE INFO] has over 1360 followers on Instagram and 168 on Facebook that are genuine (not bought). [PRIVATE INFO] has 920 subscribers to our email list.
[PRIVATE INFO] utilizes blog posts on the shopify platform to improve SEO. Most of our advertising in done on instagram. Advertising fees are minimal. We host contests from time to time and giveaways.
[PRIVATE INFO] launched in October 2017. Our store's traffic is in the top 9% of stores that launched the same week as we did.
I am selling it because I am going to be moving out of the country soon and would like to sell the business as owning a foreign business will be a very complicated process for my income taxes.
It has been set up beautifully and we have collected many followers and established a great name. We have positive reviews on Facebook.
If you wish to continue with an established business, then this is the store for you!
Why should someone buy this store?
The business model is straight forward and the store is established
How can the future owner improve the business?
Spend more time on advertising on instagram and release new products often.
What work have you put into the store?
I have established the social media accounts, and determined which products sell best (found a niche). I have ensured great customer reviews for the store and established a name on Instagram.
Traffic and Performance
Avg. revenue /month
$98
Verified
Avg. sessions /month345Verified
Avg. profit /month
$101
Profit Margin80%
Avg. sales /month12
Other details about profit:All sales are coordinated via shopify
Total revenue
$3,331
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
11,731Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$30
/month
Domain
$9
/year
Sale Includes
Physical inventory
Not Included
Logo and branding assets
All logos, banner images, social media graphics, etc will be transferred
Personal support after sale
I will provide help with marketing and advice on the business. Will also do a reveal post and introduce the new owner to our social media followers.
Domain
Product photos
All existing product photos will be transferred and I will teach you how to get product photos for new products.
Social media
Suppliers
Not Included
Mailing List
920subscribers
Seller‘s Advice
How to grow this business
Most of the growth happens via instagram - you could grow the store by continuing marketig via instagram
Skills to have
I will help you keep up with the marketing via instagram and assist you for 2 months after you buy the store, by providing advice and answering questions.
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.
Get access to our top listings and other content. Unsubscribe anytime.
Thanks! We’ll be in touch.
Thanks! We’ll be in touch.
Shopify uses cookies to provide necessary site functionality and improve your experience. By using our website, you agree to our privacy policy and our cookie policy.