- Avg. revenue /month$377
- Avg. sessions /month521
- Avg. profit /month$300
- Inventory value$6,000
Why this business was started
It is unique product which doesnt have big competition worldwide. And people love our products because they are funny and brings great emotions to buyers.
The reason of selling this business
There are some personal issues so we cannot continue this business anymore and we would love to give it into good hands of person who wants to grow it.
What's involved in running this business
Ordering from suplliers (there are many suplliers that sell these socks) and you can consider manufacturing your own designs to be different from your competitors. You will also have to fulfill orders and ship them to your customers.
We can sell this brand/shop and ship our existing stock which already consists from around 2000 pairs of socks. Or we can sell the brand without a stock. But we recommend to get the stock from us and copy the designs (if you are willing to manufacture them). If not willing to manufacture, but resell from China you are good to go without buying stock from us.
Why should someone buy this store?
You should buy this unique brand/business if you want to grow it and make profit. It is not dropshipping business so thats why it has not so much competition in the market. People love our products, they share them online and that shows that business has great opportunity to grow.
How can the future owner improve the business?
Design more user friendly website, maybe add some additional designs, make unique packaging, create social media campaigns and scale it through social media.
What work have you put into the store?
We have created a website, social media accounts, bough some stock from China and also manufactured our own designs. We also shipped all the orders by ourselves so shipping was really fast and our brand has great reputation in the market.
Traffic and Performance
- Avg. revenue /month$377Verified
- Avg. sessions /month521Verified
- Avg. profit /month$300
- Inventory value$6,000
- Profit Margin100%
- Avg. sales /month40
- Shopify plan
- Inventory warehouse
- Its only shipping fees which is around 5-6$ per package.
Logo and branding assetsWe will send png file of our logo and login details to Instagram account (@sox_bond)
Personal support after saleWe will show you how to sell by generating free traffic and also answer any question you need to continue this business.
Product photosWe will send good quality product photos.
SuppliersWe can give you contacts of the factory in Lithuania who will be happy to supply you with high quality socks and you will be able to create your own designs with them. We will also tell you where to find stock in China so you can order socks from them
How to grow this business
I would grow this store using Instagram and Facebook marketing. We also use labels/packaging on our socks where we ask our customers to share photos of their new socks on social media and tag us on those photos. People already are doing this and they really like our products. You can find many people who shared our products and tagged us on Instagram (@sox_bond). Google marketing is also working fine, we just don't use it so much last months and we were only growing our business by organic growth.
Skills to have
No skills needed. You just need to buy different designs of socks from Alibaba and then you resell them and ship to your customers.
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.