- Avg. revenue /month$8,943
- Avg. sessions /month12,093
- Avg. profit /month$4,250
Why this business was started
I started this business in January 2020, but rebranded as Belveria in April 2020. My initial drive was to try out and experience how to run an online business. The process of learning new things was challenging, but rewarding. Belveria is a brand specialised in fashion accessories, such as earrings, necklaces and most recently, scrunchies which saw a huge increase in demand in 2020 and we have since gained many loyal customers who advocate for Belveria products. This store will be ideal for someone interested in fashion and who has a creative eye for aesthetic beauty items.
The reason of selling this business
The decision to sell this business was not easy. However, I am now exploring other ventures and it has been hard to find time to properly grow this business. A lot of hard work has been put to build this business and I am confident there is potential for Belveria to become a trusted brand in the fashion industry.
What's involved in running this business
A few examples of the operations involved in running this online business are: -Fulfilling orders (Bulk ordering saves time and is very easy) -Running advertising campaigns on Facebook & Instagram (Testing new creatives or new ad copies) -Responding to customer emails (Using customer service email templates) -Researching new products for testing
Traffic and Performance
- Avg. revenue /month$8,943Verified
- Avg. sessions /month12,093Verified
- Avg. profit /month$4,250
- Profit Margin45%
- Avg. sales /month330
- Shopify plan
- Paid Apps - Oberlo, Loox
Physical inventoryNot Included
Logo and branding assetsA complete branding folder containing all logo materials, in-house social media photos, website graphics and advertisement material will be transferred on Google Drive.
Personal support after saleI'll be happy to provide a 3-hour run-down of the store and its processes (product pages, email templates, managing Facebook ads, customer service email templates and any questions that you may have). I will also provide a 30-min phone call every month for the first 3 months to the new store owner to answer any questions in regards to operations.
Product photosWe own social media product photos where we hired models to showcase our products. Al these model photos along with edited product photos will be transferred through a folder on Google Drive upon sale.
SuppliersYou will receive the direct contact of the supplier that is sourcing all of our products. I have built a long-term and trusted relationship with my supplier who takes care of any product issues or delivery delays.
How to grow this business
The global fashion industry is valued at 3000 billion dollars and is a fast-growing industry to be in. The store has excellent potential to grow exponentially over the next five years. Private labelling of the store products and improvement on the existing product packaging will significantly increase the perceived value of the products, thereby increasing customer retention. Another area of opportunity is to use influencer marketing. This is something that we have not yet explored and there is surely a lot of potential, especially with the style of products that the store has.
Skills to have
Social Media Marketing skills, especially in hiring influences to promote the brand and products. Copywriting skills to get the attention of prospective buyers on Social Media Platforms
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.