- Avg. revenue /month$12,051
- Avg. sessions /month18,034
- Avg. profit /month$5,000
Why this business was started
Starting DetoxEssential was due to a shift in market trends. I noticed an increase in personal health care since the beginning of the entire pandemic, and decided to try drop shipping an Ionic Foot Bath. I've creating several drop shipping stores, and I have lots of experience running Social Media Ads.
The reason of selling this business
Creating drops hipping stores is something that I have done for years, and this store was no different. However, recently I've begun a new store in which I'm truly passionate about and want to spend all of my time and energy not focusing on two stores, but rather one. The ceiling for DetoxEssential is still unknown, and while I would love to make passive income from this store, I need new budgeting for starting my new store. DetoxEssentials revenue is still on an uptrend, while the sessions are downtrending. This is due to an increase in higher conversion rates, which have led to higher profit margins. This store is proven, and still has lots of room for growth, however I would like to dedicate my time and a larger budget towards my new project. Although not much time is required in running this business, I definitely could use the budget towards my new store.
What's involved in running this business
This is a typical dropshipping store. Essentially, we order products from cheap suppliers per transaction, not in bulk. Using the app dsers, you can automate all of the shipping details and ordering so that all you have to do is enter your card information and pay for 100's of orders at a time. Responding to cutomers via email is the main form of customer support, although typically there are only around 20 emails a day. Orders and emails should be done daily, and only take around 30 minutes to and hour. What takes more time is facebook advertisements. If you want to increase your profit margins you should be testing new audiences and new ad creatives. However, if you would like to just collect passive income, then you could simply stick to ordering and responding to clients.
Traffic and Performance
- Avg. revenue /month$12,051Verified
- Avg. sessions /month18,034Verified
- Avg. profit /month$5,000
- Profit Margin35%
- Avg. sales /month140
- Shopify plan
- Email marketing, Reviews, Accordion tabs
- Facebook ads
Physical inventoryNot Included
Logo and branding assetsAll logos and current branding images will be provided. This includes favicons, brand logos, advertisements, and all social media images. All Ad variations will be included which numbers to 8 different ads, as well as all logo variations which includes 3 variations. 1 Favicon is included. These will all be transferred through google drive.
Personal support after saleSince the store is running in its current state, I would help with setting up similar campaigns to the ones that were running. This way you would be able to see the same results without all the testing. Additionally, I would be able to transfer DetoxEssential's facebook pixel to the business manager of your desire in order to set up lookalike audiences for future growth. Helping you start up and set up campaigns exactly as they were running on my account is my goal, and I would be available for a full week after the sale is processed.
Product photosPhotos will be delivered via google drive. In google drive, you can send and receive large files. If you would prefer something else, we can work through dropbox, or any other methods suggested.
How to grow this business
Since the website is still in it's growth stage, there is still lots of testing in terms of facebook ads. Testing different audiences and different ad placements would be ideal. The max budget I used for ads was 500 dollars a day, until I began my new store. Since then, I have been optimizing audiences and driving CPP down as well as increasing conversion rates. With a larger marketing budget, and time and effort spent directly on this store, I believe that this store can still increase it's monthly revenue by at least two while maintaining over 30% profit margins. Additionally, the new store owner should dedicate time testing carousel ads, image ads, and different types of video ads.
Skills to have
The new owner should be experienced with facebook advertisements, or have someone who can manage the stores current running campaigns. New video ads, and customer video reviews will be provided in this transaction which allows for multiple new ad variations and less saturation in current video ads. Additionally, you would need to be able to handle customer support. Ordering can be done through dsers which does bulk ordering through aliexpress.
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.