- Avg. revenue /month$77,719
- Avg. sessions /month49,807
- Avg. profit /month$15,000
- Inventory value$3,000
Why this business was started
I am a dropout marketer. When I was a university student for three years I made the decision to go full time into entrepreneurship after having a disagreement with multiple marketing teachers who were still teaching newspaper ads. I used what I knew and learned from online sources (youtube, facebook and private courses). After 6 months and 12 different websites along with practice marketing on 41 different products things started to come together.
The reason of selling this business
I see a ton of untapped potential in this store. The only revenue stream that has been tapped into is paid advertisements through facebook. That leaves Google Ads, Influencer Marketing, youtube ads, pinterest, blogs, snapchat, youtube, tik tok and Organic traffic all untapped. I am not at the point where I feel confident in my abilities in other marketing platforms and want to give someone the opportunity to grow this business exponentially, with that being said I have also decided to sell the business so that I can focus my time and efforts on growing my other businesses.
The last few months appear to be slower for revenue and it is for these reasons:
I had fraud on my business bank account from another store i was running and had to cancel my cards putting facebook advertisements on hold.
- The Video was at 5.3 million views and had ad fatigue (was not performing as well) So a new video needed to get film, at the same time I was working on getting custom logo's and packaging on the product. With that being said samples needed to get shipped in (twice) then there were issue with manufacture so we had to switch and order stock which took extra time.
At this point in time there is absolutely no hassle for the buyer, everything is set up. The only thing needed is new content.
What's involved in running this business
Daily tasks associated with running this business include managing a team of employees that fulfills orders and answers customer emails, as well as managing facebook advertisements. All in all it takes about an hour to two hours at most per day.
Traffic and Performance
- Avg. revenue /month$77,719Verified
- Avg. sessions /month49,807Verified
- Avg. profit /month$15,000
- Inventory value$3,000
- Profit Margin12%
- Avg. sales /month5,300
- Shopify plan
- Inventory warehouse
Logo and branding assetsAll logos and banners will be transferred over in a google drive.
Personal support after saleI will help the buyer for 30 days after the get things up and running, I will offer assistance with copywriting and building the video ads along with any other questions or concerns the buyer has.
Product photosAll photos and videos will be transferred over via google drive or which ever works best for the buyer.
Mailing ListNot Included
How to grow this business
**NOTE: Before reading this please know that the facebook account is gone, there is no issues with the business legally but a new facebook pixel would need to be started. You would be able to you customer info for high quality traffic from the beginning.
I would focus on getting organic traffic and source out tens of micro influencers and a few macro influencers getting them on an affiliate plan.
Google Ads is something that has been neglected as well as email marketing, these are two things that could account for 50% of revenue. These would become a priority over the next 5 years turning this store into a known brand.
Tik-Tok, Pintrest, twitter, youtube and snapchat ads would come into play. Facebook has been the only source of traffic. Lastly I would work lots on the positioning of the brand in the market, how it differentiates from the competitors.
Skills to have
Facebook advertisement knowledge is key, but this is a product with a large target market so there are many different ways you would be able to scale this business.
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.