- Avg. revenue /month$1,781
- Avg. sessions /month1,607
- Avg. profit /month$573
Why this business was started
I founded this E-Commerce business as a part-time job to build practical business experience as a complement to my academic experiences and to improve my communication and negotiation skills, building long-term relationships with international suppliers.
The reason of selling this business
I have recently received scholarship to work full-time on another idea of mine, which I am planning to eventually turn into a stable business. The latter is more attractive to me since the product is one that I'm creating myself, instead of drop shipping it. Continuing to run this store will potentially deprive me of fully focusing on my current start-up. Worth to mention is that running this store has helped me gain priceless skills of managing an actual business, which I will use in the management of my start-up.
What's involved in running this business
Operations include running advertising campaigns and targeting customers in different angles, communication with customers and suppliers, and fulfilling orders.
Traffic and Performance
- Avg. revenue /month$1,781Verified
- Avg. sessions /month1,607Verified
- Avg. profit /month$573
- Profit Margin25%
- Avg. sales /month55
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsLogo and all images related to the store will be provided to the new owner. Both video and image ads can be provided as well, if desired. The product offering includes an eBook, written in collaboration with an Instagram page - the latter can be provided, if desired, as well.
Personal support after saleDuring the first month after the transferal of this store, I can help the new owner by providing knowledge and sharing my experiences as a manager of the store. Such can, for instance, include recommendations which suppliers are trustworthy and which are not (among the ones I have been working with), how potential customers react to different marketing campaigns and what variants of the product sell most.
Product photosAll product photos can be transferred via email in order to ensure that the quality remains the same during the transferal.
SuppliersI have been working with 3 different suppliers. The interested future owner of this store, I can tell more about my experience with them.
How to grow this business
I would keep trying new ad sets similar to the currently profitable ones, then scale by increasing the daily ad spend as well as using Google ads.
Skills to have
Persistence and willingness to spend the hours needed is a requirement for running any store, as well as is, at least, a basic level of digital marketing. Knowledge of psychology is beneficial.
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.