- Avg. revenue /month$963
- Avg. sessions /month3,064
- Avg. profit /month$1,400
Why this business was started
I was reselling Supreme, Off-White and Palace, and wanted to start an actual business. So it naturally converged into the brand it is now. Also, it is a very hot niche, as a lot of people aspire to having items like these but can't afford, so they go with us, the cheaper option, but with the same quality. The items are gold plated, which means it is a thin layer of gold, so they are basically the same as the rappers use but with better prices.
The reason of selling this business
I am now entering university and will not have time to run this store. However just 30 minutes to 1 hour a day are enough to successfully run this store. You can even hire someone for $10/hour to contact all the influencers and then you basically have nothing to do, only a passive income machine.
What's involved in running this business
This is a drop shipping store but not like the other ones. I have direct relationships with the suppliers and the orders can be submitted automatically, really no effort at all. This is the core business, but after the purchase I can tell you how to establish other strategies and how to buy stock to offer promotions, etc. New products are normally presented by manufacturers, you can create your own design for a small fee. Imagine there is a local event or bar, you can have a specific design and sell items to that business. Campaigns through Facebook are all automatic, you just have to increase the budget once you want to scale :)
Traffic and Performance
- Avg. revenue /month$963Verified
- Avg. sessions /month3,064Verified
- Avg. profit /month$1,400
- Profit Margin65%
- Avg. sales /month100
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsI will provide you with different files of the logo and other branding assets, including the raw Photoshop file. Everything will be transferred trough mail.
Personal support after saleI will provide 2 weeks to help you get the store running entirely, such topics as: ads, supplier relations, influencer deals, managing the social pages, processing orders, etc. I will teach you literally everything and provide you with a path that you can take as you approach this store in the long run. After these 2 weeks I am always reachable, so you can contact me at any time.
Product photosUnique product photos, all available on the site. Also model photos, and lifestyle photos. Everything will be transferred trough mail.
How to grow this business
I would definitely focus on getting influencers to promote the brand. As it is a fashion brand, it is very important to associate yourself with renowned influencers. I have only made around 5 deals (I only send one product, no need to pay for a promotion) and look how much revenue it has gotten me. With not much effort you can send severall products to severall influencers and attract millions of eyeballs which will convert into at least thousands of purchases. All of this while only spending around $200-$500. There are much more ways to expand but I can not tell them all in here. After the sale I can support you with building a long-term plan for the brand.
Skills to have
Absolutely no skills or knowledge are needed. All of the details needed to running this store will be provided to you once I offer you free training. I will be at your disposal at anytime you want.
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.