- Avg. revenue /month$385
- Avg. sessions /month1,202
- Avg. profit /month$367
Why this business was started
Eightfold was started as a result of researching several niches within the Jewellery & the holistic/ crystal healing niche; a hugely profitable industry sector.
The Jewellery has good margins and the cost was not too high to make running test ads prohibitive so it seemed like a very good fit for a business model. I then looked to Google trends to see how popular the niche had become and whether is was set to continue that way; thankfully it very much was, so I decided to begin finding reliable suppliers to supply high-quality products to the store. (a list of supplier are included with the sale too)
After test products were ordered from the supplier to verify the quality, I began branding the store & social channels present today.
The reason of selling this business
I have taken the difficult decision to sell Eightfold because I am currently in the process of building my digital branding agency full-time and cannot dedicate the time & resources required into the store to take it to the next level. The store shows incredible potential and now just needs more good Ad creative & a decent budget to make lots of sales on the high-margin products.
What's involved in running this business
The shop is good-to-go and has a lot of love poured into designing & creating something that not only looks special but is commercially sound. The business just needs someone who wants to take things to the next level.
During the creation of the website I have done the following:
✔️Designed, branded & built the entire website. ✔️Hand selected & test ordered products from our suppliers. ✔️Created custom product descriptions for each product. ✔️Imported REAL reviews for each of the products. ✔️Created custom logo. ✔️Grew instagram & Facebook social channels organically. ✔️Made successful orders, all with happy customers. ✔️Built a good subscriber list to re-market future products & offers. ✔️Created a list of working influencers. ✔️Created & run a successful Sales funnel to store making over £500 in Wk one! ✔️Created Facebook Ad creative (videos, copy & images) ✔️Run successful Facebook follower competitions with great engagement. ✔️Installed many essential apps to the store (Oberlo, Kit, Shopify Reviews etc)
In terms of day-to-day activities you will only have to fulfil orders Ali Express via the Oberlo app & respond to the occasional customer queries.
The next step is to continue to refine the businesses Facebook Audiences and create Ad campaigns to bring in more sales volume, and continue to add more products from our trusted vendors. (List included with sale)
If you have good knowledge of running Ads, you will be very successful with Eightfold and have a fantastic brand to promote to customers all over the world.
Traffic and Performance
- Avg. revenue /month$385Verified
- Avg. sessions /month1,202Verified
- Avg. profit /month$367
- Profit Margin60%
- Avg. sales /month23
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsA Google drive folder with ALL site assets (Logos, PSD files, royalty-free photos, source files will be included in the sale.)
Personal support after saleI will provide 1 month of ongoing support, during this time I can assist you with any info you need to complete the handover of the store and any advice relevant to the running of the business.
Product photosIncluded in Google Drive Folder
How to grow this business
I would recommend putting more emphasis on creating more custom content for the website such as product photos & imagery for the site. A suitable budget for ads should be decided then scaled accordingly using the provided target interests.
Skills to have
Good knowledge of facebook advertising would be helpful but I can provide some great resources for learning them yourself if required. Good copywriting skills are will also great when writing product descriptions for new items you add to the store.
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.