All prices in USD
  • Avg. revenue /month
    $3,203
  • Avg. sessions /month2,581
  • Avg. profit /month
    $480

Business Story

Why this business was started

I really enjoy using the dropshipping model as a way to make some passive income. I started this brand trying to find a solid product and ended up stumbling upon the towels. I noticed nobody else was selling them and they were incredibly unique so I knew they would do well. As I got into advertising for the brand I realized that most people really liked them and started buying them in bulk ordering 2 or 3 at a time. Everyone has towels and everyone is always looking for the next "cool" thing so I think the potential for these is through the roof if someone really wanted to dedicate more time to it.

The reason of selling this business

I was never aiming to run a store like this of my own due to being busy with other ventures. I used the store initially for testing products for fun using the dropshiping model. I wanted to start up a shop and build up an asset, which can be sold to somebody who is willing to expand the shop and business.

In regards to the social media accounts I have decided to just delete them all together because there was not a whole lot of followers or content posted on them. You will need to start fresh with this.

What's involved in running this business

-Forwarding the orders to the dropshipping supplier -Customer support -Engaging with people on instagram (optional) -Handling possible returns -Research in new designs (if more products to be uploaded) -Running facebook ads campaigns

This business was founded: 10 months ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $3,203
    Verified
  • Avg. sessions /month2,581Verified
  • Avg. profit /month
    $480
  • Profit Margin15%
  • Avg. sales /month200
Other details about profit: The store was a more general dropshipping store until I found a product I liked. I turned it into more of a brand focused just on the towels in June and only ran ads for a few weeks then got busy so I turned the ads off and decided to start them up again in August. All in all the business has done most of its profit (over 3k) in just about 5 or 6 weeks. Most of the expenses came from advertising on Facebook. There were however shopify expenses that were pretty minimal. Shopify Subscription (could be downgraded if you want) - $79 Apps - $14.98 Product Cost is roughly $10.50 per towel. Some of the towels are more expensive and some are a little cheaper but it typically evens out to around $10.50 including shipping. I will introduce you to the supplier so you can receive the discounts I was receiving also.
Total revenue
  • $28,828
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 23,229Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Domain
      $12
      /year
    • Facebook & Instagram Ads
      $1,000
      /month
    • Outlook
      $1
      /month
    • Product Cost Per Towel (Average)
      $10
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      - shopify store - all copyrights of logos designs etc. - domain and mailbox / webspace -All the listed assets are digital, so they will be transferred via Exchange Marketplace (login credentials) or via Dropbox (vector graphics like logos & designs, photos) All the rest is already uploaded to the Shopify shop or the social media accounts. In regards to the social media accounts I have decided to just delete them all together because there was not a whole lot of followers or content posted on them. You will need to start fresh with this.
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      - product and model fotos to be transferred by upload thorough dropbox or similar
    • Social media

      Not Included
    • Suppliers

      I will introduce you to my account manager with the supplier I use for the towels.
    • Mailing List

      35subscribers

    Seller‘s Advice

    How to grow this business

    -Increase expenses on facebook / instagram advertising (max. daily expense to achive the stated revenue was $400 in a day) -Improve social media and increase the amount of followers on instagram -Put more effort in pinterest account -Start influencer marketing -Offer worldwide delivery by picking dropshipping providers nearby countries that speak english. -Instagram and facebook shopping -Local/physical stores -Google ads

    Skills to have

    -Social media skills -Facebook advertising -Research in new product ideas and designs, etc. -General shopify operating skills Knowledge in print on demand business helpfull

    Share

    CO
    Connor O.Current store owner
    Marketing Consultant from Utah, USA with lots of experience in e-commerce, especially in the dropshipping area.

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