- Avg. revenue /month$7,353
- Avg. sessions /month15,573
- Avg. profit /month$2,130
- Inventory value$600
Why this business was started
I started the business to fulfill a current need in the market place. After doing hours of research on social media, google and Amazon I saw that products within this specific niche were in extreme demand. I created the site as a passion project, and the specific theme also resonates with many of it's customers as well. The site is done in a way to inspire new customers through the specific theme, and also leaving a positive message.
The reason of selling this business
I'm currently working at a full time position that now requires me to travel 70% of my time. I'm unable to focus on the site as i should as it has great potential to expand and grow. I would like to see the site grow to beyond what it currently is by using other means of marketing. Unfortunately I do not have the time to do this anymore. Shopify now values the business at $20,440.00. Make us your best offer!
What's involved in running this business
Currently there are four parts to the business that require attention, and most of these have already been setup and automated. The site has been optimized for each product and page for continued conversions. The first part required is product selection, which I will show the new owner to hand pick any new products to sell and find suppliers. Second, is to continue marketing and optimize campaigns for a high ROAS (Return on Ad Spend). I will also show how to optimize the existing campaigns if new ads or products are introduced. Order fulfillment is fairly automated as we use a drop shipping agent in China who orders from the factories directly and ships the products directly to customers. Shipping times are competitive as this is a major pain point for many customers. This relationship with the agent will also be handed over with the site. Lastly, customer service will be required as well, however you can spend minimal time as I have a number of scripts set up for common questions by customers.
Traffic and Performance
- Avg. revenue /month$7,353Verified
- Avg. sessions /month15,573Verified
- Avg. profit /month$2,130
- Inventory value$600
- Profit Margin25%
- Avg. sales /month500
- Shopify plan
- Inventory warehouse
- Email Marketing, Pop up sales etc.
- Shopify Apps
Logo and branding assetsThrough google drive.
Personal support after saleCan provide training and support for up to 2 weeks afterwards. As many hours needed. I will be available for skype sessions to run through screen shares to review and questions on the site.
Product photosThrough google drive.
SuppliersWill include ALL suppliers used and agent that fulfills orders from China.
How to grow this business
Over the next five years I would concentrate more on building the brand by using google adwords and email marketing. Facebook marketing would still be used but by utilizing all three, the site would grow exponentially with re-targeting existing customers as well. Additionally, continued testing of new products being released on facebook ads.
Skills to have
The new owner will need to have great organizational skills, however I will show how manage the site and it's few areas. The first being fb marketing with the existing Pixel data. All data has already been optimized to bring in the most likely to buy traffic per product. Retargeting campaigns have also been set up to bring warm traffic through the sales funnel. I will work with the new owner to show how to set this up as well as continue to add new winning products to the site. The new owner will also need to learn more about the fulfillment process. Currently use a drop shipping agent who has access to incoming orders through the site. They fulfill each order as needed and ship, making the fulfillment process more automated. With new products, I will show how to work with other suppliers to fulfill incoming order in addition to finding winning products for the website. Lastly, responding to inquiries and questions from customers is very straight forward and I have a number of scripts to use to also automate this process.
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.