- Avg. revenue /month$24,841
- Avg. sessions /month17,251
- Avg. profit /month$4,800
- Inventory value$1,500
Why this business was started
I saw a gap in the market where nobody was selling several beauty devices in the same store. There were a lot of 1-product-stores but no one was selling a multitude of products that would allow you to buy everything you new for your own "at home spa". This is why we often get large orders well over $400 with several products at the same time. Our LTV is $149. Our AOV $131 Returning customer rate is 9.98% Facebook feedback score 3,9% (very high for a dropshipping store) Our Supplier takes care of the cost of all warranty claims. He also refurbishes all returned products and sends them out again for $3 + Shipping. All our products are shipped in custom white bags with the Dermatecc Logo on. This increases our Facebook feedback score significantly.
The reason of selling this business
I want to work more on my Youtube automation channels. And I don't feel as passionate about the store as I used to.
What's involved in running this business
- Fulfilling order
- Running advertising campaigns
- Making sure we don't run out of Product bags and Warranty slips.
- Buying stock to cover for the Chinese New year and other Chinese holidays where the factories close.
- Updating Instagram
- Product research (Done by our VA, Veronica Cobeng)
You can comfortably run this store with 3 hours of work a day (Or less). I have probably only worked on it 2-3 hours a day for the past year. Granted that some days I don't work on it at all and other days I work on it 10 hours.
Traffic and Performance
- Avg. revenue /month$24,841Verified
- Avg. sessions /month17,251Verified
- Avg. profit /month$4,800
- Inventory value$1,500
- Profit Margin18%
- Avg. sales /month300
- Shopify plan
- Inventory warehouse
- Email marketing (Omnisend $200) plus paid apps ($38)
Logo and branding assetsYou will get sent absolutely all the media that is used to run this company today. We can put it on a hard or Cloud drive and send it to you.
Personal support after saleI will provide you with whatever you need for a month after the sale has been made. I doubt that you will need any help from me since our VA, Veronica practically is running the entire business on her own. She knows everything and does everything.
Product photosAll the photos will be sent to you in their original and formatted versions. Either on hard or cloud drive.
SuppliersOur supplier's name is Sam and is one of the most honest and trustworthy people I have ever worked with. One month he even lent us $8000 of his own money for an entire week to be able to stock up before the Black Friday sales started. He also has his own warehouse where he keeps our stock during the periods when we are not dropshipping. (Like the Chinese new year). The warehouse is located in Shenzhen, China and Sam is able to deliver our products to the US within 10-16 days and Europe 5-10 days. Our Supplier takes care of the cost of all warranty claims. He also refurbishes all returned products and sends them out again for $3 + Shipping.
How to grow this business
I would double down on Facebook ads since we are one of the few stores on Facebook that is allowed to sell on the platform without getting blocked for policy violations. I would introduce more products and try to sell more to people that want to open their own beauty salon, since they are the ones that are placing the largest orders. This would include adding more semi-professional devices. I'm quite bad at marketing so I have no doubt that someone better than me would be able to scale this to the moon.
Skills to have
You don't need any new skills if you decide to keep our Virtual assistant Veronica Cobeng. She is the one that writes all the copywriting and the info about how to use the products etc. We also have a dedicated shipping agent with all the knowledge of our business and the best shipping methods so it's not really anything new you have to learn.
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.