Why this business was started
Most people have no idea just how badly they’re getting ripped off every time they buy a luxury item from an expensive fashion store. On average, fashion companies sell at a price from 10 to 40 times higher than it costs to produce.
These markups cover the costs for wholesalers, distributors, retailers and expensive advertising campaigns. The price of the items increases each time it trades hands. And by the time it gets to you, you’re paying almost 4,000% more than the cost it took to produce.
For decades, people were forced to either spend a huge amount of cash for items they love… or be forced to buy cheap items made from low-quality materials. All around the accessory market, we were always disappointed to find ourselves forced to look at either budgeted, low-quality products or well-designed, expensive ones. We couldn’t believe how hard it was to just find something that looked great, without the luxury price.
The idea behind the creation of this shop was born from this this simple observation.
The reason of selling this business
With the creation of this store we wanted to create a beautiful ready-to-use website that a future owner can take over, as the goal never was to run it ourselves. We are designers, not marketeers. So within just a few hours this website could produce alternative revenues.
What's involved in running this business
Most of the work from this business will come from running campaigns, fulfill orders, and eventually find new products to add to the online store.
Physical inventoryNot available for starter stores
Logo and branding assetsAll JPG images can be taken directly from the website. The logo's source file (illustrator vector file) can be sent by email.
Personal support after saleNot Included
Product photosNot Included
Social mediaNot Included
SuppliersNot available for starter stores
Mailing ListNot Included
How to grow this business
If we would be running the business ourselves, we would be running ad campaigns on facebook and google adwords, and be working with influencers on Instagram. We would by a couple products from the catalog to be able to take our own pictures and share them on a dedicated Facebook page or Instagram account. As the store provides more revenues we would maybe have our brand put directly on the products in order to make the products on the store unique.
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.