- Avg. revenue /month$1,243
- Avg. sessions /month1,608
- Avg. profit /month$450
Why this business was started
I started this business as an entry into dropshipping, with the ultimate dream of owning my own branded business. Dropshipping is great for learning the ins and outs of eCommerce, with a potential of huge profits. It was the perfect entry to learn the ropes of owning and running my own business.
The reason of selling this business
I have decided to now sell my business as I have since moved on to running my dream business (clothing brand) and no longer have the time spare to run this business alongside. The store has been temporarily closed during the Coronavirus pandemic however, I have set the store up ready for re-opening under new ownership.
What's involved in running this business
Day to day running of this business will consists of: Managing and budgeting your advertising campaigns. Fulfilling your orders. Replying to any customer queries. Managing social media accounts.
Traffic and Performance
- Avg. revenue /month$1,243Verified
- Avg. sessions /month1,608Verified
- Avg. profit /month$450
- Profit Margin30%
- Avg. sales /month50
- Shopify plan
- Facebook Advertising
Physical inventoryNot Included
Logo and branding assetsAll logos and branding assets will be transferred to the buyer. This includes domain name, your own custom store email address and contact store email address.
Personal support after saleAny required help setting up the store for basic running alongside marketing help, with tips on how to run and budget successful Facebook ads. Also help with fulfilling your first orders and tips on how to keep customers happy when replying to their emails. New logos and designs to suit your personal taste can be created if desired. For up to one week after the business sale only.
Product photosAll existing product photos including unused product photos will be transferred to the buyer.
How to grow this business
Although the store is currently set out for one product dropshipping, it does also come with a general store theme built into it which can be easily switched depending on your current business aim. The other business theme/store was the store I used to find my 'winning products', all of which are still saved in the general store theme for you to try out. All the products are linked through Oberlo to the suppliers which offered me the best service/price on AliExpress, ready for you to use and start dropshipping orders straight away. In terms of growing this store over the next few years, I would recommend dropshipping the clawed gardening gloves through this one product branded store. The huge customer list, proven product videos and advertisements (all included) are a great way to jump straight in making money through this business. Once you have fine tuned your perfect marketing audience, I would recommend adding new upsell and cross sell products from the gardening niche to increase the AOV and maximise your profits.
Skills to have
Even if you're new to the world of eCommerce, everything is already in place to give you a great head start. However, a basic understanding of marketing is advised before running Facebook or Google advertisements. I would also recommend a basic understanding of accounting and how to manage your money wisely. Great content can be found on Youtube to get you started.
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.