- Avg. revenue /month$1,144
- Avg. sessions /month1,724
- Avg. profit /month$525
Why this business was started
I started the business in 2017 after noticing that the South African market had very limited simple and classic baby products. This could be the same for other countries, however I haven't explored that yet.
The reason of selling this business
I started a business with my family a year ago and that is needing more of my time now.
What's involved in running this business
- Ordering stock of what your choose to sell on the store.
- Packaging orders and sending them out with the courier.
- Customer care service - responding to queries, tracking parcels, etc.
- Staying on top of stationery and packaging.
- Marketing - on FB & Instagram, connecting with influencers, creating marketing content and taking product photos for the store and marketing.
- Forecasting and sourcing products for the mommy market.
- General day to day admin of running a business.
Traffic and Performance
- Avg. revenue /month$1,144Verified
- Avg. sessions /month1,724Verified
- Avg. profit /month$525
- Profit Margin40%
- Avg. sales /month20
- Shopify plan
- Facebook/Instagram ads
Physical inventoryNot Included
Logo and branding assetsThe Fable brand was professionally designed and has had much design work done and assets produced over the years. The new owner will receive the full brand assets and all of these designs and resources. This includes: BRAND KIT Including: All logo files in various formats Brand colour codes Font files MARKETING RESOURCES Including: Product Photography Customer Photographs Illustrations Canva account and designs PACKAGING & STATIONERY DESIGN FILES Including: Business Cards Product Boxes Discount Cards Gift Vouchers Thank You Cards Stickers Patterns Labels & Swing Tags We can transfer it via WeTransfer.
Personal support after saleI can offer the new owner: - Import training (based on the knowledge I have in South Africa). - Train them how to use Shopify if they don't know how to. - Assist them in who the product suppliers are, how they can package their orders, assist them in our experience in past products that could return to the store should they choose to do so. - Make sure their social media accounts are connected to them and their details. - Assist them in Mailerlite. I am happy to assist the new owner for a month after the sale of the store is processed. We can arrange scheduled remote Zoom calls where we can cover the above and any further questions they might have along the way.
Product photosI have a folder of the current product photos as well as marketing material I have collected over the years. These folders can be transferred using WeTransfer.
SuppliersThey will receive a full list of the suppliers we have used for the various product collections over the years. These are mostly from suppliers based out of China, although a few have been/are provided by local South African artists and artisans should they choose to use them. If the new owner plans to continue to import products and not source only local products, we recommend having or setting up their own importers code as this is not something we are able to transfer in the sale. As a new owner it will be up to them to buy stock - local or imported - and manage the inventory of their choice.
How to grow this business
The businesses online store is built, the social media accounts have a substantial following and the branding is established. The next step is to develop a solid marketing plan over the next 5 years. The store just needs consistent traffic, which relies on marketing content, FB/Instagram ads and Google Ads.
Skills to have
I import my stock in from overseas. If this is something the new owner chooses to do the same, I would say getting familiar with importing logistics into your country is key. Marketing will be an important aspect to the growth of the 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.