- Avg. revenue /month$20,506
- Avg. sessions /month33,596
- Avg. profit /month$4,848
Why this business was started
We are in the ecommerce space for a long time now, 5 years, and this was one project we started as we moved over from Facebook to TikTok. It was a natural transition: We started with dropshipping, testing out different products and then struck gold with our niche, which is Jewelry. We expanded on that niche, so we turned it into a niche store.
The reason of selling this business
We have many different dropshipping stores going for us. This is a great project and moving forward I believe it's best for this business to be advertised not only on TikTok but also on other platforms. We aren't competend or interested in other platforms, so we decided to drop this project to fully focus on our other ones.
What's involved in running this business
These are the areas which are currently covered by the team: - Fulfillment of orders (this is still dropshipping although we have a bit of stock in China. It's almost fully automated. The only thing the COO does it to bulk order the daily orders with 2 clicks in topdser. Any issues for fulfillment are handled by the trained customer service VA) - TikTok ads (fulfilled by media buyer, nothing to do) - Content creation (initiated by media buyer, fulfilled by 1 video shooter and 1 video editor in the team, nothing to do) - Finances & Accounting (obviously depends on you where you are and your situation. Currently fulfilled by our accountant) - Human Resources (checkins with the team, either done by you or COO) - Customer service (done by CS rep, nothing to do) - Website testing and optimization (done by store manager, nothing to do)
Traffic and Performance
- Avg. revenue /month$20,506Verified
- Avg. sessions /month33,596Verified
- Avg. profit /month$4,848
- Profit Margin25%
- Avg. sales /month3,000
- Shopify plan
- TikTok Ads
- Loom, Canva, Google Workspace, Lucid Chart
Physical inventoryNot Included
Logo and branding assets- You get high resolution logo files in .png format - You get general jewelry pictures that we made for branding purposes in a professional photo shoot Those will be tansferred via a ZIP file that you can download
Personal support after saleWe will be in daily contact for 4 weeks after the store is transferred to cover any questions via direct message. We will also have 2 30-minute calls per week to install the knowledge and context needed for you to fully take over and scale the business. We will teach you about how we run tiktok ads, make content and generate sales this way. We will also train you as the new head of the business so you can work with all the employees correctly and understand processes. We will also explain any tool that we use (Google, Lucid chart, Clickup...) so you can take over things properly.
Product photos- All product images currently live on the website will be transferred to you via Shopify. We will transfer ownership of the store to you and all live images are saved in the Files section of Shopify - Additionally, you will receive ~100 jewelry pictures we made in a professional photo shoot that are currently not live on the website. You will receive those as a ZIP file you can download
Social mediaNot Included
SuppliersWe have a great relationship with our supplier. We are using the service topdser to fulfill our orders and have been using the same contacts for a year now. They are providing us with fast support and better quotes than regular users. You will receive those benefits too.
How to grow this business
So many things to be done. This store is only running on paid TikTok traffic for now. We never seriously looked into Facebook, Pinterest or Google. It really depends on your situation and your skills what you want to move in first, many options. We don't even have a social community, so that's also something to consider. With mostly positive reviews, this is definitely something you should also do.
Skills to have
You'll get the processes, team, advertising strategies etc. So the only thing it depends on is whether you want to run it yourself or promote our COO to more responsibilities so you don't have to do anything.
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.