- Avg. revenue /month$3,203
- Avg. sessions /month2,581
- Avg. profit /month$480
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
Traffic and Performance
- Avg. revenue /month$3,203Verified
- Avg. sessions /month2,581Verified
- Avg. profit /month$480
- Profit Margin15%
- Avg. sales /month200
- Shopify plan
- Facebook & Instagram Ads
- Product Cost Per Towel (Average)
Physical inventoryNot 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 saleNot Included
Product photos- product and model fotos to be transferred by upload thorough dropbox or similar
Social mediaNot Included
SuppliersI will introduce you to my account manager with the supplier I use for the towels.
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
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.