All prices in USD
  • Avg. revenue /month
    $2,490
  • Avg. sessions /month1,986
  • Avg. profit /month
    $800

Business Story

Why this business was started

I started this business in January this year, and have worked on it everyday since. I started this business because I wanted to make a passive income, giving me more free time. I have been doing dropshipping for over 2 years now, and this is by far my most successful store.

Keep in mind this business can be run from anywhere in the world, so its a great way to make passive income! It doesn't take much time to run, so you can relax and watch the sales roll in!

The reason of selling this business

Currently I am in my last year of high-school and need to concentrate on my study. Shopify's valuation for this business was $15,540, but I'm eager to sell it soon, and give someone who would like to continue running this business a great deal.

What's involved in running this business

This business involves advertising (the most important part), fulfilling orders, and responding to customers. This store comes with $16k worth of data on Facebook ads, which can be used to create extremely powerful audiences.

This business was founded: 9 months ago
Time to run this business: approximately 6 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,490
    Verified
  • Avg. sessions /month1,986Verified
  • Avg. profit /month
    $800
  • Profit Margin13%
  • Avg. sales /month200
Other details about profit: This store has huge potential with Facebook ads to make a large profit. When running this store I've had a few days when I've done over $200 in profit, and many more over $100 in profit. For the past month I have been focusing on getting this site ready to sell, and creating a professional video. I haven't been running many ads during this time. You could very easily get sales back up to their peak though, simply by running ads again.
Total revenue
  • $22,407
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 17,874Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Paid Apps
      $30
      /month
    • Facebook Ads: Keep in mind that you could spend more or less on Facebook ads.
      $1,650
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Professionally designed logo, 2 well made product videos (one is from editing clips from YouTube, and the other is professionally filmed for this store).
    • Personal support after sale

      I am happy to help with any questions or concerns for 60 days. You can send me an email with any questions you have, and I will do my best to help out.
    • Domain

    • Product photos

      You will receive all the product photos.
    • Social media

      Total followers31subscribers
    • Suppliers

    • Mailing List

      800subscribers

    Seller‘s Advice

    How to grow this business

    To grow this store I would leverage social media marketing. Since I begun, I have received over 800 orders, which can be used to create extremely powerful lookalike audiences with Facebook ads (if you don't know how this works, ask me and I'll fill you in). You will be able to creates lookalike audiences for just about everything. 95% video views, view content, purchase, etc. Currently the video ad on Facebook has amassed over 290k views, giving it lots of social proof.

    You could also advertise by contacting different Facebook, or other social media pages, and paying them to post an ad for you.

    The main product (the leg pillow) has a price of $24.99 and can be sourced for $9.01. This provides an excellent profit margin of $15. There is also a "Buy 2, get 15% Off deal" for this product, which greatly increases average order value and profit. Around 1 in 5 people who purchase take this deal. I have an excellent transferable relationship with my supplier, and they promptly solve any issues I have. They usually ship out orders within 24 hours. The product is sourced from Aliexpress and is fulfilled using Oberlo. This makes the process quick and simple. You will have access to 2 professionally made video ads for advertising this product.

    The store also has another winning product if you wish to sell it. I haven't sold many of them on this store, since my focus has been on the other product, but feel free to test it. This product has sold thousands of times for other stores in the past. You will also have a professionally made video ad to use for advertising, for this product.

    Once you start receiving a lot of orders (30+per day), I would recommend buying inventory in bulk and storing it in a US fulfilment centre. This would decrease shipping times and greatly increase profit per order. You can bulk order the product from Alibaba (https://www.alibaba.com/).

    Of course you can continue to source from Aliexpress indefinitely if you wish. 'Dropshippers' is a great app for bulk fulfilling from Aliexpress, and will save you a lot of time once your getting a lot of orders. If your interested in this store please feel free to send me a message, and ask any questions you may have!

    Skills to have

    Ideally you should know how to use Facebook ads but it isn't necessary. As long as you can learn the basics (creating adsets, lookalike audiences, etc.) you should be all set. You won't need to do as much testing since lots of data for this product since lots of data has already been gathered.

    JV
    James V.Current store owner
    I am 18 years old and enjoy setting up online businesses. I begun around 2 and a half years ago, and have since set up multiple profitable online stores.

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