All prices in USD
$165
  • Avg. revenue /month
    $387
  • Avg. sessions /month4,843
  • Avg. profit /month
    $1

Business Story

Why this business was started

Money maker idea from a large marketing ecommerce provider. Researched potential products and completed the course with feedback suggesting 3 possible products to be profitable business ventures. Out of the three, I liked this one the best, as I have had couches that need a cover and thought it would help me generate some additional income. Selling method was Dropshipping via DSers and AliExpress.

The reason of selling this business

As much as I see it having potential, I really am just not dedicated enough to the business and do not have the required cash flow to continuously advertise. It would need someone dedicated to responding to queries as well as updating to a cheaper supplier to have a higher profit margin.

What's involved in running this business

Fufilling orders, ordering from supplier, running advertising campaigns via Facebook Business Manager on Facebook and Instagram, responding to customer queries, using Google Analytics to track and research, using Facebook Pixel to track sales with advertising techniques to know what is successful and updating details for abandoned cart discounts.

This business was founded: 4 months ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $387
    Verified
  • Avg. sessions /month4,843Verified
  • Avg. profit /month
    $1
  • Profit Margin5%
  • Avg. sales /month8
Other details about profit: Only first month and a bit. Put a lot of money in advertising so technically made a loss only because of that. Has huge potential but need cheaper supplier and dedicated owner.
Total revenue
  • $1,549
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 19,373Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $31
      /month
    • Domain
      $12
      /year
    • Review app and Abanonded Cart Marketing
      $18
      /month
    • Facebook and Instagram (Up to you)
      $1,000
      /month
    • Shopify and Xero
      $50
      /month

    Sale Includes

    • Physical inventory

      Not Included

    • Logo and branding assets

      I have social media accounts with Facebook and Instagram with logo and favicon created and email address that will be transferred via email or dropbox whatever you prefer.

    • Personal support after sale

      Not Included

    • Domain

    • Product photos

      Included in sale of store (have been copied from the supplier's site).

    • Social media

      Total followers693subscribers

    • Suppliers

    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    I have been successful in creating sales and some profit but there is certainly a need to be dedicated and possibly have a cheaper supplier to make it decently profitable. However, the advertising was certainly working using Conversions with different categories and placements. Already have a decent following and doing relatively well but the following could assist: - Additional dedicated advertising - Cheaper supplier to create higher profit margin - Website edits - Apps

    Skills to have

    Everything is fairly straight forward or easy to learn but I would suggest: - Knowledge of advertising via Facebook Business Manager and marketing - Keeping track of any refunds or returns required - Admin skills and basic knowledge of Shopify and DSers - Keeping track of finances to know whether you are making a profit

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    PK
    Patrisha K.Current store owner

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