- Avg. revenue /month$308
- Avg. sessions /month527
- Avg. profit /month$250
- Inventory value$5,000
Why this business was started
When I decided to start this business I wanted to create a business designed with purpose, which allowed me to have passive income and to make money while I slept. I also wanted to create a business model that had a positive impact on peoples lives by introducing them to natural and organic beauty brands and health and wellness products they may have not been exposed to otherwise. My mission was to redefine the definition of beauty and natural glow, a brand that cares. I started this subscription box business for the love of skincare. And wanting to introduce people to natural and organic products, giving them an inexpensive way to try new products.
The reason of selling this business
Sadly, I have to make a big move and start a family. And I also still have a career in finance that that I love and not ready to give up on just yet.
What's involved in running this business
- Sourcing new products each season
- Marketing/Influencer Marketing and Advertising (will provide a list of our partners who help promote for free and have proven effective)
- Email Newsletters (would provide templates, used with email list) - Customer Care
- Graphic Design (templates used will be provided and tips on how to use canva)
- Website updates bi-monthly (will give buyer two Shopify themes valued at $400)
- Shipping and receiving or fulfillment (Methods on how to run this will be provided as well)
Have a planner for social media post. And constant communication with brands that meet the criteria to feature in the box. Also great customer service. You will need to have a plan for what products you want to offer in the box each month or every other month. Depending on the frequency on how you would like to deliver boxes. Also securing a reliable shipping partner. The reason why I did every 2 months, because it gives me enough time to research new products and communicate with suppliers(brands) for the next shipping month.
Traffic and Performance
- Avg. revenue /month$308Verified
- Avg. sessions /month527Verified
- Avg. profit /month$250
- Inventory value$5,000
- Profit Margin85%
- Avg. sales /month31
- Shopify plan
- Inventory warehouse
- Paid Apps - Bundle Builder, ReCharge App, and Skin Quiz
- Shipping Expenses Average ($10 per box is included in the price), and costs about $8 to ship
Logo and branding assetsVia secure email or googledrive. I will transfer the left over packaging used and the logo file by shipping and by secure email and googledrive respectively.
Personal support after saleI will provide 4 months of consulting support and training after the sale. I am willing to help the new owner: get comfortable navigating Shopify, learning how to list products, manage inventory, etc., get familiar with the apps, meet our manufacturers, meet our wholesale customers, help transfer all accounts (social media, mail chimp, domain emails, packaging supplies, Shopify apps, etc), offer insight into online and in person workshops.
Product photosVia secure email or googledrive. I will transfer all images and videos created for use as marketing material.
SuppliersI will provide you with all the contact emails of all the brand emails I have used and worked wiht. And also details of our agreements that shows the agree upon price.
How to grow this business
I would suggest consistently engaging subscribers through the newsletter or on social media. I will share my flow that has worked successfully. The average growth of subscription boxes is about $200K -$230K in 6 months - 2 months with the right team. I will certainly provide you with tips and tricks and all the branding deck used when promoting.
Skills to have
No skills needed. You certainly need to be committed enough to pick the right products to offer your subscribers, and make sure you're able to bargain prices offered from brands. I will provide you with a full script of what has worked in getting products from brands and a certain budget I would recommend sticking to.
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.