All prices in USD
$9,000
  • Avg. revenue /month
    $3,441
  • Avg. sessions /month20,097
  • Avg. profit /month
    $1,369

Business Story

Why this business was started

I saw this product while on a trip to Shenzhen in China and I had previously ran dropshipping stores but this product had a huge wow factor so I decided to make a store around the product. I thought the product would do great on tiktok and I have a personal tiktok page with around 100,000 followers so I had knowledge with tiktok before. On the first day I posted the video I had 4 followers I woke up the next day with 200 followers which was amazing and throughout that day I gained over 2000 followers which I finished the day with 2,500 followers on the platform and almost 40 orders in one day as well. From there I carried on posting as I still am to this day.

The reason of selling this business

As I said in the title I am a young student and I begin my studies again in September, I would also like to try and go down the influencer route in life by starting a youtube channel as well as starting to post again on my tiktok page. I have a huge passion for this brand as I have a huge interest in food and drink brands and tiktok as well so I truly believe this store could do 6 figures a month with the right people involved.

What's involved in running this business

  1. Posting tiktok videos
  2. Contacting and speaking to influencers to promote the page
  3. costumer service via email and sms
  4. Editing CSV files and sending to suppliers
  5. Contacting suppliers via Wechat and Whatsapp - I will put you in touch with the suppliers directly who I have a good relationship with.
This business was founded: 3 months ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $3,441
    Verified
  • Avg. sessions /month20,097Verified
  • Avg. profit /month
    $1,369
  • Profit Margin40%
  • Avg. sales /month400
Other details about profit: The uploaded data has not updated yet as the store has only been up between mid July and August. I have screenshots showing the full amount of sessions and sales so my current average monthly profit stands at around $4,000+ and almost $10,000+ revenue.
Total revenue
  • $10,324
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 60,292Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $19
      /month
    • Domain
      $14
      /year
    • Email marketing, currency conversion
      $14
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Via email after payment is complete and other designs or mockups that I have can also been sent over as part of the package.
    • Personal support after sale

      2 weeks of personal support for 1 hour a day everyday including the weekend. I will give you support with connecting to influencers my suppliers, dropshipping warehouses. Any other questions I will be avaible to answer for a year after the store is sold.
    • Domain

    • Product photos

      Already in the shopify network on the store videos from tiktok can be downloaded as well.
    • Social media

      Total followers26,047subscribers
    • Suppliers

    • Mailing List

      920subscribers

    Seller‘s Advice

    How to grow this business

    • Within the week of handing over ownership I would carry on posting simple TikTok videos to our fanbase of over 25,000 followers on TikTok. I would suggest the next owner either pay for other creators to make content for them or for them to make the content themselves by buying a tripod product and a ring light. Most TikTok videos do well with natural light so you might not need a ring light, you would put an automated voiceover on the video as well, at the same time I would get you in touch with an email and SMS marketer who would help you increases returning rates of customers and therefore increase your conversion rates.
    • Within a month I would start running paid TikTok ads through TikTok directly which we already have set up for the site, you could start optimizing ads with the first 1-2 weeks of running ads. At the same time as this, I would start to pay influencers on TikTok and Instagram to promote the brand and if you had the funds I would use an agency to market to the right audience.
    • Within a year I would start to buy in stock for a major supplier in China which I could set up. Once the product arrives you could store them in a normal warehouse, A home, A office or a 3PL warehouse which ships out the products for you and gives you less work.
    • Within 5 years I would start to build a brand around eye-catching food and drink products and start building a larger audience on other social platforms as well as getting your branded products in stores with custom packaging.

    Skills to have

    The store is not run with oberlo so no oberlo skill is required. The new owner should ideally have some ideas with marketing the business via TikTok and should be familiar with Instagram, TikTok and Snapchat platforms. Having knowledge of other online businesses would help as well but what I am providing here is a full package and I feel the TikTok and Shopify platform is quite easy to learn in a short amount of time

    Share

    GS
    George S.Current store owner
    Hi, I'm George I am a young entrepreneur from the United Kingdom.

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