- Avg. revenue /month$3,698
- Avg. sessions /month4,747
- Avg. profit /month$3,752
Why this business was started
I was looking for supplemental income and there was a need for the initial product. I have since expended the product line, especially with people being home and needing men's grooming at home. We started with a styling powder that a lot of people have enjoyed and have expanded to beard balms and other barbering tools. We chose to launch the store with the styling powder solely because it was different than almost any other product we saw on the market. If you desire to go back to only one product, it is historically a popular seller.
The reason of selling this business
I have several other ventures I am working on and need to focus more on those, with the addition to taking care of my child. I need to sell this one to help grow my other ventures and my kid.
What's involved in running this business
Instagram, google, and facebook ads drive a majority of the traffic. I set the budget at $100 per month reaching 500,000. You can increase or decrease either of those. Our most recent instagram post generated 500+ in traffic and sale. The only other actions on the business would be submitting orders to the supplier. The supplier ships directly to the customer, you just have to supply the list of most recent orders and they will handle the rest. I have handle customer service directly, but I only needed to twice, as the supplier is very reliable, as is the product. You will receive a lot of marketing graphics, photos, etc., so you will be set on images for a while. We have a long email list, which you will receive, and send emails once a month. This helps us retain customers and drive traffic to the site.
Traffic and Performance
- Avg. revenue /month$3,698Verified
- Avg. sessions /month4,747Verified
- Avg. profit /month$3,752
- Profit Margin78%
- Avg. sales /month220
- Shopify plan
- Apps and transaction fees
- Facebook and Instagram
- Email marketing
Physical inventoryNot Included
Logo and branding assetsAll logos and graphics will be delivered via Google Drive.
Personal support after saleWe will be available via Skype and WhatsApp for up to 2 weeks after sale to help answer any questions, fulfill any outstanding order, and/or assist with anymore on boarding needed.
Product photosProduct photos will be delivered via Google Drive.
SuppliersProducts are linked directly to the store, so the supplier is notified of sales and products that need to be shipped to the customers.
How to grow this business
Continued social media marketing. We have done several Facebook ads and promotions on Instagram. We only have about 5 instagram posts and they get a lot of interaction and we have a large following, considering the business launched 5 months ago. Our numbers are reflective of these actions and continuing with this process will be successful. We have not yet tried Google Ads, so that may broaden your reach significantly.
Skills to have
Simple Facebook and Instagram ads. We have not tried Google, but if you have any knowledge there, that may be beneficial.
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.