I saw an opportunity to make a reasonable amount of money on the side while not having to be present for most of the business that's taking place. I've always looked into ways of making passive income and this has been my most successful attempt yet. Besides, I saw a pretty big demand for my product after doing my research.
The reason of selling this business
As mentioned above, I'm currently studying economics in college, and exam season is coming up, which means I'll focus pretty much my entire life on college for the next weeks and months. I also just recently started working in a project-based software development job, which will take up even more of my time. I simply find it hard to manage 2 full-time commitments as well as a side business.
What's involved in running this business
Customer Support which means answering around 3 to 5 emails a day.
Checking Facebook Ad performance bi-daily to make small changes to new ad testing.
Fulfillment of orders takes around 3 minutes a day since you can order/pay in bulk (including time to enter payment details). The rest of the fulfillment and shipping is automatic.
This business was founded:about 2 months ago
Time to run this business:approximately 5 hours per week
Traffic and Performance
Avg. revenue /month
$1,146
Verified
Avg. sessions /month1,635Verified
Avg. profit /month
$104
Profit Margin9%
Avg. sales /month55
Other details about profit:Product cost including shipping is around 5$ (not including marketing budget) and the price the consumer pays is 20$. That means through more targeted campaigns you can easily increase profit margins. (My first campaign so far was very broadly targeted.)
Total revenue
$2,293
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
3,271Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$10
/year
Parcel Panel (Order Tracking)
$9
/month
Facebook
$625
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
I will transfer all ad videos as well as branding pictures (e.g. Logos, Banners, ...) to you via email. Most pictures are included in the store already though.
Personal support after sale
Not Included
Domain
Product photos
Product pictures are included in the store already but I will send you everything seperately again.
Social media
Not Included
Suppliers
Not Included
Mailing List
Not Included
Seller‘s Advice
How to grow this business
So far, I've only utilized Facebook Ads while ignoring possible gold mines such as Influencer Marketing or Google Ads. My supplier offers custom packaging which could make Influencer Marketing especially attractive for the future owner.
Skills to have
Facebook Ad Marketing (Beginner)
Customer-Relationship-Management (respond to a few emails a day)
Share
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Valentin K.Current store owner
I am a 20 year old economics student from Germany.
Currently working in software development as well as studying for college full time.
The idea for this store came to me after talking to my girlfriend about her struggles keeping her eyebrows in the shape she wanted.
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