All prices in USD
  • Avg. revenue /month
    $3,643
  • Avg. sessions /month6,681
  • Avg. profit /month
    $1,173

Business Story

Why this business was started

I found the product on TMALL (Chinese online-shop) and was immediately convinced by it and the good reviews. The product cannot be found on AliExpress and there are no other dropship-stores that sell it. Therefore, I opened the first online store and had professional promotional material created as there was not much available.

The reason of selling this business

I am studying medicine and will start working as a doctor soon. Therefore, I don’t have the time to scale the shop up to the level it deserves.

What's involved in running this business

Communication with customers and supplier (professional dropship agent) concerning orders . Regularly sending order list to supplier (currently with Shopify App Exportify, could also be done fully automatic). Manage Social Media Marketing.

This business was founded: over 1 year ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $3,643
    Verified
  • Avg. sessions /month6,681Verified
  • Avg. profit /month
    $1,173
  • Profit Margin27%
  • Avg. sales /month200
Other details about profit: The numbers above only include customers that have not chosen additional product options (personalized engraving on wooden frame + gift box). I manage product options with the Shopify App “Hulk Product Options” and Exchange Marketplace does not include these sales in their statistics. Therefore, in the following you find my total numbers including all orders from my website. Total Sales: 119.750,32€ Shopify-fees: 1.190€ Google ad spent: 1.400€ Facebook ad spent: 25.935,96€ TikTok ad spent: 17.080,35€ Pinterest ad spent: 940,34€ Product cost: 2.606 x 15,50€ = 40.393€ Profit: 32.810,67€ Profit per month: 2.343,62€ (incl. first 3 months without sales and last 3 months without ads) Profit margin: 27,4% Sales and profit have increased constantly until I stopped ads (due to lack of time) in December. Current sales are completely organic as there is no active advertisement. The numbers exclude taxes.
Total revenue
  • $58,286
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 106,907Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $15
      /year
    • Paid Shopify Apps (partly correlated to sales volume)
      $65
      /month
    • Facebook + Instagram, Google Ads, TikTok (currently no ads). Monthly costs range from almost 10k to 0
      $3,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Everything referred to the company will be transferred to the buyer including logo, marketing pictures + videos, Facebook, Instagram (1.300 follower) and TikTok accounts (etc.). >20 professional product pictures (JPEG). Professional product video (2 length options, MP4) Roughly 10 self-made TikTok videos (MP4). Various logo variations (different colour options + virtual MP4 logo versions). Professional Instagram + Pinterest posts (JPEG). Transfer can be done via Google Drive, WeTranser or other preferred methods.
    • Personal support after sale

      One month 1 on 1 support for all questions concerning the business. Supplier communication, mostly via Skype. E-mail communication with customers. Management of current Shopify setting (e.g. Apps). Management of Social Media Marketing (Facebook+Instagram, TikTok, Google Ads). The support can be provided via phone, video call, mail or other preferred options.
    • Domain

    • Product photos

      >20 product pictures taken by professional photographer (JPEG). Some are already available on the store, but many others will be transferred. Various logo variations (different colour options + virtual MP4 logo versions). Professional Instagram + Pinterest posts (JPEG). Transfer can be done via Google Drive, WeTranser or other preferred methods.
    • Social media

      Total followers1,300subscribers
    • Suppliers

      Your supplier is a professional dropship agent from France who lives in China and knows all key persons in the business. The communication is very good and fast, mostly via Skype. It is also possible to negociate prices and special conditions directly with the factory. I only send excel order lists to the supplier and their team does the rest of the work. When a product arrives damaged, there will be a replacement without hesitation.
    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    The new owner will get a 1 on 1 support for the first month.

    Scale up marketing: Invest more time and resources into social media marketing and influencers. I have active Facebook, TikTok and Google ads accounts but I stopped all ads after Christmas due to lack of time (studying medicine). All channels were profitable and can easily be reactivated at any time. Additionally, there is still plenty of upside potential for influencer marketing. I have no experience in this field and only did one small influencer campaign which was very successful.

    Expand to other platforms: Contact other shops to include this unique product to their offering. Use Amazon as a sales platform.

    Expand target regions: Expand marketing and/or shipping to other parts of Europe or the US. My website currently focuses on Germany + Austria, there are many regions that are not yet targeted for this new product.

    Skills to have

    Everything is already set up and the shop is easily manageable by one person. The buyer should be familiar with Social Media Marketing on Facebook, Google and TikTok (I will provide 1 on 1 support for the first month). As my target region is Germany + Austria, the buyer should speak German for customer interactions (mails) or have a freelancer who does.

    Share

    NH
    Niklas H.Current store owner
    Former management consultant. Medical student and soon doctor.

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