We started this online store in April 2016. This store is a drop-ship business. We don't have any physical inventory stored with us. At first, the store is made to sell small gadget items targeting men age 18 - 24, and then we expanded the store to more categories.
Financials and traffic
The highest revenue was in September - November 2016. During this 3 months, total revenue is $18,200. During these months, the profit margin came out to be 50% after cost of good sold, and facebook advertising. After November 2016. we stopped all activities from this store, because we focus on another line of business, and no longer have enough time to manage this store.
We reactivated the store on November 2017 trying out new products for drop shipping. The revenue from Nov. 2017 - present is $1,600. Our team have 2 people total. Due to our current work, we don't have enough time to do research for products and continue to manage this business. We decided to list it for sale.
Average overall profit margin
Average number of sales/month
Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.
Domain hosted with Godaddy. Renewal plan is Feb 2019 with the cost of $14.99/year
This store is easy to change to any product categories and new target audience that might be suitable with the new owner's plan. Since the store holds no physical inventory, the new owner can add/remove any products without any cost. This store can also be transited to any different business model rather than drop-shipping.
How can the future owner improve the business?
If the future owner decide to keep the drop-shipping business model, finding a new trendy product is a must. But if the new owner decides to change it to new business model, we would have no comments.