- Avg. revenue /month$6,010
- Avg. sessions /month2,340
- Avg. profit /month$2,187
Why this business was started
I have decided to start this brand because I knew that I could do better than a lot of people out there, both in terms of quality of the products which have had great feedback, customer service and general ease of convenience in terms of buying from my store.
I also started this as I wanted to get into the dropshipping business which generated me lots of funds after my Amazon business - and I fell in love with the fact that you have lots of control over your own business compared to FBA.
The reason of selling this business
I've decided to sell this venture due to the fact that I am moving cities and focusing on my education - since I live in a country with high wages, I have decided to sell this business to somebody else and I have stopped advertisements for a while now since I can't focus or spend time on it.
What's involved in running this business
Handle ads - Ad spend of only $50 - generates $600-900/day sales sometimes, it can vary. Some days are worse, other days are better.
Handle customer support.
Place orders at the end of each day or any interval you decide on, I usually recommend daily or every other day.
Traffic and Performance
- Avg. revenue /month$6,010Verified
- Avg. sessions /month2,340Verified
- Avg. profit /month$2,187
- Profit Margin35%
- Avg. sales /month280
- Shopify plan
- Dropified, Timer and Tidio Chat
Physical inventoryNot Included
Logo and branding assetsYou'll get everything included all ready to go.
Personal support after saleI'll be able to provide support and assistance for whenever you need it, this will include both tips, mentoring etc. until you're able to handle it all on your own, it's not very complicated. You'll receive assistance through Skype or another communication method of your choosing - through chatting. End date of support would be around 23. October 2020. However, will be reachable in case if anything after that date.
Product photosYou'll get everything included all ready to go.
SuppliersI mainly use 1 supplier for 99% of my products and have had a long-lasting relationship over a year now and you'll be getting his contact information to continue.
How to grow this business
I'd personally focus on adding more products and doing more advertisements - since I didn't put much time into ads since I was happy with the revenue I was generating which was $120k only on 1 ad post.
So just spending generally more time would be a good starting point and on ads. The sales have been decreasing to one simple reason: Deactivation of advertisements and lack of attention to my business - hence why I am selling it in the first place.
I don't run ads and focus on this business due to IRL situations that can be explained further to the potenial buyers.
Skills to have
I recommend that you're extraordinary at handling customer support, most customers reply very well and are very happy with the customer service they're getting both because of the speed I reply back to and how I handle some situations that makes it so easy for the customers.
Additional: Whoever buys the business will have 1-1 mentorship/access to ask me or get any help from me every step of the way or whenever needed to best assist the new owner.
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.