I bought the business because it had good products, a warm tone and had some existing data already to work with.
The reason of selling this business
The margins are not as high as I'd like, and there is more work involved in running a store than I expected.
I'm not strong in Advertising and Social media, and I know the business has much more potential if these are done properly.
I poured a lot of energy into the initial setup and tweaking, and would like the business to go to a new owner who can give it the attention it deserves.
What's involved in running this business
Testing and running Facebook ads
Placing orders daily from DSers
Improving various aspects of the store (e.g. Emails, home page, product pages)
Answering questions from customers
This business was founded:8 months ago
Time to run this business:approximately 4 hours per week
Traffic and Performance
Avg. revenue /month
$339
Verified
Avg. sessions /month984Verified
Avg. profit /month
$1
Profit Margin1%
Avg. sales /month15
Other details about profit:Ads and audiences need to be further tested and optimized before it really becomes profitable
Total revenue
$2,711
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
7,874Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$25
/year
Aftership (Order Tracking - optional)
$9
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
Logo, Facebook video ad, branding assets.
Will all be transferred via Google Drive.
Personal support after sale
I will be available over email for 3 weeks after sale.
Will answer any questions the buyer may have and provide advice on how to operate the store.
Domain
Product photos
High resolution product photos will be transferred via Google Drive
Social media
Total followers200subscribers
Suppliers
Not Included
Mailing List
86subscribers
Seller‘s Advice
How to grow this business
use the demographics data to come up with new target audiences and ad sets
research and launch new products.
optimize the funnels and follow-up emails to improve conversions and get more return customers
post more content to the business's social media channels and expand organic marketing efforts.
narrow down regions and set up local supply-lines for better customer experience
Skills to have
The new owner should be good at testing and running Facebook ads.
Share
JM
Jared M.Current store owner
I enjoy automating and scaling businesses online. I take an analytics-driven approach and enjoy deriving insights from the numbers.
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.
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