- Avg. revenue /month$128
- Avg. sessions /month887
- Avg. profit /month$85
- Inventory value$2,000
Why this business was started
The small electronic parts and components market is relatively open with only handful of competitors that have been around for a very long time. After doing extensive market research and analysis of competitor websites, it was apparent that their prices for electronic parts are incredibly inflated. Since the 'maker' movement is growing fairly quickly in North America and it's primarily made up of students, it made sense to create an affordable and modern online outlet for them to purchase their supplies.
The reason of selling this business
I've built a solid foundation for this business by capturing a significant portion of the market's target audience without paid advertising. This website would a great asset for both new and established electronics companies looking to add a new revenue stream.
What's involved in running this business
If you want to run this website as is, there won't really a lot of work for you. Just answering a few phone calls and emails from shoppers, as well as packing and shipping orders for non-dropship items
Traffic and Performance
- Avg. revenue /month$128Verified
- Avg. sessions /month887Verified
- Avg. profit /month$85
- Inventory value$2,000
- Profit Margin85%
- Avg. sales /month2
- Shopify plan
- Inventory warehouse
Logo and branding assetsYou will receive all working files of current and previous digital media including logo, banner images, social media posts. The assets will be delivered as an editable Adobe Illustrator file using a Google Drive shareable link.
Personal support after saleI will provide support for 1 month. This will include answering questions about the business as well as explaining how everything works in the backend. If you require any design, SEO, or photography work, I will more than willing to provide you a quote at a discounted rate.
Product photosYou will receive all original product photography and GIFs. The assets will be delivered as .JPEG or .GIF files using a Google Drive shareable link.
How to grow this business
Having an inventory with variety keeps this audience engaged, as well as changing the inventory to keep up with the latest trends of microcontrollers, sensors, LEDs, etc.
The site already ranks on page 1 of Google Search for many competitive keywords, but creating blog articles on a consistent basis would allow you to improve the site's overall SEO while targeting an even greater number of keywords.
Expanding to the US market could be very advantageous.
Social media could be utilized in a much stronger way.
Skills to have
Everything is already setup and ready to use. In order to continue utilizing the SEO setup when creating new products or collections, be sure to copy an existing one and carefully edit the product information and meta data with the appropriate info.
To maintain the site's current aesthetic, be sure to only use images with white backgrounds.
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.