- Avg. revenue /month$108
- Avg. sessions /month705
- Avg. profit /month$138
- Inventory value$18,000
Why this business was started
We started this business based on our love for fashion. It took us years to find and test out the right suppliers to obtain the best materials for affordable pricing. This has set us apart from local stores and other online websites. All our pieces are unique and different then the typical store inventory you can find. All our first time customers are return customers based on the fact that they can't find unique pieces online at affordable pricing and we always get such positive feedback (as seen on our Instagram review tab). We have over 20,000 Instagram followers which grew rapidly due to the love our followers had for our content.
The reason of selling this business
When I started this business I was at a different place in my personal life and had the time to shop around to find unique pieces, have photoshoots, edit the pictures and run the website professionally. Now I have 2 babies and I'm not able to even handle my shipments coming in and get them up on the website in a timely manner. Since December 2018, the arrival of baby #2, I haven't been able to spend the time that I would like on this business. It has been a very hard decision for me to let this go and I'm very torn about doing this. This business needs love and attention and has been growing great but it would strive with a little bit of marketing and time invested into it.
What's involved in running this business
-Shop all our suppliers to find pieces that are in our customers niche -When shipments arrive organize and pull a size of each item for your photoshoot (if you choose to have one, or you can use suppliers pictures) -Go on to the website and make a description detailing the items and recording your inventory -Have a photoshoot or use suppliers pictures provided to load onto website -Advertise on Instagram and Facebook as well as send emails to our customers for new arrivals -Fulfill orders
Traffic and Performance
- Avg. revenue /month$108Verified
- Avg. sessions /month705Verified
- Avg. profit /month$138
- Inventory value$18,000
- Profit Margin80%
- Avg. sales /month28
- Shopify plan
- Inventory warehouse
Logo and branding assets-Registered company name and logos -Banner -Professional Website all set up with .ca and .com domains -Instagram and Facebook accounts with 20,000+ followers -Email address with marketing accounts and 1(800) number -All the information for our distributors and suppliers -Vendor market information to do pop up shops -Business cards, stickers, clothing tags, thank you cards, flyers, tag gun and other stationary -All hangers, clothing rack and clothing steamer -All photoshoot equipment such has backdrop, photoshoot lights and changing binder -All inventory which includes over 800+ pieces of clothing
Personal support after sale-Support for 3 months on how to operate business and place or ship orders and anything else you may need help with -Also will be available for questions after the 3 months
Product photos-All social media and website photos
How to grow this business
We would definitely continue to use facebook marketplace and instagram posts to grow the business more. We have seen very positive results from facebook marketplace. Also we would do some marketing and advertising since this has never been done.
Skills to have
Basic computer skills and an interest in the fashion industry would help.
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.