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$399 USD

Dollar Vinyl Club

dollarvinylclub.com

Appears in Music , Arizona, United States, Medium Business, Cheap Businesses

General description

Become the owner of the "World's First Vinyl Buyers Club"! Dollar Vinyl Club (DVC) has created a novel music buying concept focused on regular buyers of vinyl records. Unlike many of the vinyl subscription clubs in the marketplace today, DVC lets members choose which titles they want to purchase without recurring fees. The "Buyers Club" business model has been very well received with people who have become frustrated with the various "Subscription Clubs" available today.

Club Membership is only $1 and entitles the buyer to pick records from the store as well as place special orders. Additionally, Club Members earn loyalty and rewards points for purchases.

We also offer the "Dollar Vinyl Box" as an incentive for Club Members to purchase larger quantities of records in a single visit. The Club Member essentially picks out 5-8 records of their choice and we ship them in the "Dollar Vinyl Box". It's a great way to build custom box sets for the Club Member. The "Dollar Vinyl Box" is exclusive to DVC and is made from archive quality materials.

NOTE: The store currently has a password protected landing page as the store is paused and waiting for a new owner. Please refer to the screenshots at the bottom of the listing. I can provide a password to access the store for evaluation purposes to serious inquiries.

Financials and traffic

Existing brick & mortar record stores with access to label-level wholesale channels will have the highest margins. Offering exclusive releases will also allow for good profit margins. Profit margins can also be increased by adding other products such as rare, collectible and used albums. Offering hardware (turntables, speakers, amplifiers etc.) and other music related items can help raise profitability.

Average profit/month

$100 USD

Average overall profit margin

12%

Average number of sales/month

20

Value of inventory

$1 USD

Average Monthly revenue

$721.20 USD

Average Monthly traffic

1,027 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Subscription costs are Mailchimp and Stamps.com

Expense item

Cost

Shopify plan

$30.00/month

Subscriptions (ie. Mailchimp, apps)

$30.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$1.00/month

Domain

$8.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Mailing list

600 subscribers

Social media followers

200 people

Q & A

Why should someone buy this store?

U.S. vinyl album sales for 2017 were the highest since 1991. Over 14 million vinyl LPs were sold in 2017, marking the 12th consecutive year in growth. The top selling vinyl albums of 2017 well reflect some of the best sellers for Dollar Vinyl Club.

(Source: https://www.billboard.com/articles/columns/chart-beat/8085951/us-vinyl-album-sales-nielsen-music-record-high-2017)

This is a perfect opportunity for an e-commerce entrepreneur to enter the music business at a high point in vinyl LP shipments.

Owners of existing brick & mortar record stores could buy Dollar Vinyl Club as a way to easily enter the online "Vinyl Club" market to sell existing new & used inventory. DVC has customers from all corners of the United States, so this is a great opportunity to extend the reach of your business.

DVC has earned high reviews (4.5 stars) on TrustedSite with many happy customers. We hope to find the right buyer who we feel will take the torch and keep the Club Members happy and buying lots of awesome music!

NOTE: The listed sales price DOES NOT include ANY physical inventory. The buyer will provide their own inventory. This is a great sales channel for an existing brick & mortar to sell new, used and collectible vinyl to an established customer base.

The sales price DOES include the following domains:

  • dollarvinylclub.com
  • dollarvinylclub.net
  • dollarvinylclub.info
  • dollarvinylclub.co
  • dollarvinylclub.org
  • dollarvinyl.club
  • dollarvinylbox.com

How can the future owner improve the business?

A future business owner can improve the business by offering titles which can be shipped on-demand within 1-2 days. Having multiple physical locations to ship product (west coast / east coast) will assist in getting orders to customers faster at reduced shipping rates. Optimal physical locations can be discussed with serious inquiries.

Additionally, a future owner can offer rare, collectible and used albums which may command higher margins. Offering hardware (turntables, speakers, amplifiers etc.) may be an option for a future owner. Sales of other music related products and apparel could be an option, as well.

A business owner who has financial resources to provide an adequate marketing budget for Google AdWords can be very successful. Periods where we have budgeted low daily amounts for AdWords has driven great traffic to the store. We can provide post-purchase support for optimized keywords etc.

Finally, the future owner of DVC can promote the next limited edition Dollar Vinyl Box to increase awareness of the brand and increase sales. Upon close of escrow, the high resolution (print quality) graphics files for the Fall 2018 Dollar Vinyl Box will be provided. I can provide details on which company to use for printing the boxes.

What work have you put into the store?

Extensive work has been done to design the Dollar Vinyl Box. The buyer will receive the artwork templates for the new Fall 2018 edition Dollar Vinyl Box. The physical box design was all done in-house with outside professional art direction. Procurement of a low-run printer source for the box dies was a tremendous feat, as well.

A lot of work has been done on the website design and website mechanics. Notable efforts have been taken to add over 600 vinyl LP titles (complete with artwork, track listings etc.) to the store. (NOTE - THE TITLES IN THE STORE ARE NOT INCLUDED WITH PURCHASE)

Countless hours and dollars have been spent on Search Engine Optimization (SEO) for Dollar Vinyl Club. We are currently generating good organic and direct traffic as our brand is becoming to be recognized with very small advertising budgets. Feel free to Google "Dollar Vinyl Club" or any classic band with the brand name ("rolling stones dollar vinyl club"). We have hundreds of pages submitted to Google with almost all of them currently indexed.

How many hours does it take to run this business per week?

10 hours

$399 USD

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