- Avg. revenue /month$2,651
- Avg. sessions /month3,812
- Avg. profit /month$2,000
Why this business was started
Hi there, my name is Garrett Tant. I started this business to further myself in the realm of eCommerce. DRP is a selection of Urban Men's Jewelry. Cuban chains, Tennis chains, and anything "Iced Out" is absolutely blowing up right now, and will continue. Another reason for starting this business is because the profit margins are much larger than most products you can sell online.
The reason of selling this business
I am selling because I am exploring business opportunities in real estate as well as car sales. I own a used car dealership and we are currently in the works of opening another. If this business doesn't sell, I will continue my work towards making it one of the top Urban Jewelry brands in the nation. Would like someone to take over who is motivated to take this to the next level like I have envisioned. All the stepping stones are here for the taking.
What's involved in running this business
There is not a lot of gritty work involved. No hands-on inventory is required. I have two reputable suppliers that work with us to get not only the best prices, but the best quality as well as super fast shipping. Everything can be done with Oberlo, our main supplier has new products that come every month, so that helps with new drops for our customers. No more than one or two hours a day are required to run this business.
Traffic and Performance
- Avg. revenue /month$2,651Verified
- Avg. sessions /month3,812Verified
- Avg. profit /month$2,000
- Profit Margin40%
- Avg. sales /month40
- Shopify plan
- Apps, ETC
- Google, FB, Influencers
Physical inventoryNot Included
Logo and branding assetsAll Logos and anything to do with our branding will be sent in an email to the new buyer.
Personal support after saleThis is where the HUGE opportunity is. I have gone through the dirty work as to getting in contact with influencers through social media. I have a long list that I will put below to put into perspective the potential this has, all this business needs is someone who knows social media marketing and a little cash, and this will be the next big thing. I will list the influencers below, feel free to look them up as well. I can provide proof that I have spoken and they have agreed to promote on their social media. Influencers: -kushpapi_ -tutweezy_ -thatboyfunny -thats.kobe -reggiebaybee2 -nataliefriedman -brianherrien -queen.gillian -804.saucy -ayekev -yunggravy -briannnlouis -theifys -jet_wavy etc.... I am sure I am missing a few, but that list alone is over 6 Million followers on instagram. No direct payment to them is required, they will promote the jewelry if some pieces are sent to them, simple process. If I had time to do all of this, I would not be up here typing this story, I personally would be taking it to the next level. To add on to that, I will give my personal email to the buyer and any questions he/she has I would be more than happy to answer.
Product photosI will send the new buyer all pictures currently used and some that have not been used as of yet.
How to grow this business
Firstly, I would get every one of those influencers taken care of for them to promote the business, and tell my suppliers to get ready. After that, if you know anything about social media, you should know that more and more influencers are going to contact you and the more you are getting your product out there in the right hands showing to the right people you will be very successful, especially in this industry. I would have boxes branded, merchandise, as well as hands on inventory, because as it is very nice to not have to worry about inventory, it does provide you a little peace of mind knowing what your stock is at all times, etc. I wouldn't scale too fast, I personally like to take things slow when it comes to business.
Skills to have
Our main source of traffic is Google Ads. The new buyer will also have access to our ad account and our main campaign will still be running, but knowledge in the marketing aspect is going to be a good trait to have. We started in January, doubled our sales in February, and almost tripled our sales in March. So the potential is there, somebody with the time and energy it takes needs to step in and take this over, and it will change your life.
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.