I have had the idea of starting an online store for a while and never really knew what to sell, after doing some research and publishing surveys I found out that not many people were selling car part related keyring's to car themed pages on Instagram and Facebook. I decided to open the online store based on this product. The store is a dropshipping store that sells items via oberlo from Ali-express.
After spending a generous amount of time picking products and making the store look attractive I paid multiple instagram pages to advertise my products which went well as for the amount of people who saw the ad I got a nice number of visitors, lots of people subscribed to my email list and a few sales. The items I sold on the website cost $1.79 each including shipping and I sold them for $10-13 each.
I ran ads for about a day when I realized my budget for starting the store wasn’t high enough and I didn’t know enough about how to run an online store and didn’t have enough time (With lots of school work) to work on it a lot.
Dropshipping stores take very little time to run and can be extremely profitable if you are willing to put in a little extra time and money. This store has lots of potential and could make you lots of money if run correctly
If the business owners has good knowledge on marketing and running and online store it will increase the amount of sales drastically. Also having a bigger budget for advertising will help increase sale a lot.
After spending a generous amount of time picking products and making the store look attractive I paid multiple instagram pages to advertise my products which went well as for the amount of people who saw the ad I got a nice number of visitors, lots of people subscribed to my email list and a few sales.
- Physical inventory
- Logo and branding assets
- Personal support after sale
- Product photos
- Mailing list
- Social Media
If I were not selling the business I would put a lot more research into how to properly advertise and grow a dropshipping store and increase my budget
Why buy a business on Exchange
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.
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team