- Avg. revenue /month$328
- Avg. sessions /month592
- Avg. profit /month$300
- Inventory value$500
Why this business was started
I decided to put some designs I draw into a hat, after checking with friends I notice that people liked the product, so thought of launching a brand and try selling them, and it worked. After seeing that I was having fun, and still being able to ake a profit, I decided to invest a little more time and develop the brand.
The reason of selling this business
I have decided to focus on my career, as my main passion is not fashion, still a hobby.
What's involved in running this business
Running the instagram account. Get content for your instagram feed, that means incentivize user generated content in a cheap way, that means creativity. Also, logistics, you need to order the product to the supplier, and once an order is received, to put the hat into a package and send it through a dellivery company.
FIRST OF ALL: PLEASE GO CHECK THE INSTAGRAM PROFILE, IT WILL GIVE YOU THE BETTER OVERVIEW OF THE BRAND
Almost 9.000 followers on instagram @daddieshats and also 300 on Facebook, this is Daddies, I'm Pablo and this is what I need you to read: I LOVE the hats and I created this Shop hoping no success, but It end up working truly fine. You only have to see the data. I almost have not invested on Adwords or SEO, the basis are social media management. During this time I only invested 60€ on Instagram and 15€ on facebook Adwords and another time Facebook gave me a free coupon of 50€ to spend on Adwords. This was just testing, no serious campaigns. So, my main stream is Instagram, I wasn't an expert before doing this, just checking creative ideas I've became aware of how many great things you can do on Instagram spending almost no money on advertising, but the point here, imagine I would have invested money on advertising, Instagram, Facebook, Google...I only can see a flourishable future, huge potential. I'm studying at the university so my current lack of time makes me think of selling this Shop. So, if you are interested, send me a message!
Why should someone buy this store?
It has the potential to become a referral of an specifc style of hats, or other apparel accesories in Europe.
How can the future owner improve the business?
Just follow the same strategy but investing money on advertising.
What work have you put into the store?
Supplier research, logo design, Instagram influencers relationships, user generated content incentives, packaging design, designs of the drawings put at the hats, website design, product catalogue photos, model photos
Traffic and Performance
- Avg. revenue /month$328Verified
- Avg. sessions /month592Verified
- Avg. profit /month$300
- Inventory value$500
- Profit Margin50%
- Avg. sales /month100
- Shopify plan
- Inventory warehouse
Logo and branding assetsBranding assets are the facebook and instagram accounts, after receiving the payments I will transfer the information
Personal support after saleNot Included
Product photosThrough a google drive sharing it will be very easy and straightforward
How to grow this business
I would try to innovate by either selling new versions of the current product, or launching new ones after carefully analyzing the correct one depending on how the publich might react to these changes.
Skills to have
Specific skills are a good intuition for what the instagram public might think of your publications. Instagram activity makes the 99% of the revenue of the business. And the instagram users have a very good eye for flaws on your profile actions. That takes dedication, study of the competence, and time to analyze how each action is going to make a difference and not going to spoil your current brand image.
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.