- Avg. revenue /month$1,048
- Avg. sessions /month2,317
- Avg. profit /month$1,009
Why this business was started
I decided to start the business because I wanted to create a successful online store as I always wanted create my own physical boutique in the past. I did substantial research into what is trending, experiencing growth and would be a winning industry. I saw a potential in women's fashion accessories and scarves were something that drew my attention as they are something that are worn everyday doesn't matter of the season (both winter scarves and summer bandanas & silk scarves).
The reason of selling this business
I have decided to sell Aurum because I am currently focusing on other online projects and need Aurum to be run by someone who is more dedicated and is into growing fashion related business.
What's involved in running this business
I have put a substantial amount of hours into the business so that you won't have to. Outside of order fulfillment, advertising, email marketing, posting to IG regularly the business runs itself.
I am a big fan of content marketing therefore since the first day I have established really close relationships with Aurum customers/members. We are basically like a big growing family that are based all around the World.
Traffic and Performance
- Avg. revenue /month$1,048Verified
- Avg. sessions /month2,317Verified
- Avg. profit /month$1,009
- Profit Margin92%
- Avg. sales /month110
- Shopify plan
- Facebook Re-targeting Ads
Physical inventoryNot Included
Logo and branding assetsI will transfer you the website, all graphics created, social media, blog posts, logos, etc. via an agreed upon method with sale.
Personal support after saleI will provide you with support for 2 weeks via email after sale. I will train you on everything including Bot Program setup, give you tips, and tell you everything I have learned and all of my hopes and dreams as to what my vision of the company.
Product photosI will send you all product photos that I have. You will also have all customer photos sent via instagram.
How to grow this business
Aurum has so much potential. You have an opportunity to expand your product offering. The store is currently focusing on one main product (Melody Elegant Scarf) but depending on season you can offer the other products on store including Cashmere and other Silk Scarves. I definitely do believe that there is a huge opportunity when it comes to scarf products especially that are from silk material from my personal experience on this industry. There is also an option to target those who are interested in starting a scarf related accessory business by offering classes you can download, as well as starting a blog. The utilization of a click funnel would be especially profitable.
Aurum Scarves is a great investment as the women's fashion industry is growing on a daily basis. Your customers are buying a product that they fall in love with quality and re-order time and time again unlike other industries. There is a potential to offer a subscription service or even a subscription box on a yearly basis.
Unlike some other stores, Aurum is an actual brand. We have had success marketing to Australia, New Zealand and the United States as well. We haven't even begun to penetrate the market. Over the next five years Aurum Scarves can be a known International Brand on the level of even the most known scarf related stores. The fashion industry is over a billion dollar industry projected to grow substantially over the next five years.
Even though our scarves currently are not branded, that hasn't stopped our customers from falling in love with our product. I would suggest branding and focusing on micro Instagram influencers for the future.
Skills to have
I would suggest having knowledge of Facebook advertising or employing someone. Social media and email marketing would also be beneficial. But in any case I will do my best to provide all the necessary information.
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.