- Avg. revenue /month$1,130
- Avg. sessions /month7,967
- Avg. profit /month$448
Why this business was started
I decided to start this business to add an extra income stream. Once the business is set up and running it is easy to operate. The orders can be completed in a few minutes using an ordering app or manually typing in the order.
The reason of selling this business
Although the business shows promising growth in traffic and sales, I am selling it to invest in some other businesses.
What's involved in running this business
Running the business involves fulfilling orders and answering customer's questions. The business currently runs on free traffic from social media and organic search engine traffic. Although the social media traffic used is of a viral nature that grows over time, this type of income can be grown and sustained long term by regularly posting products on social media and adding new products. There are also many other ways to grow the business. Please see above for business growth recommendations.
Traffic and Performance
- Avg. revenue /month$1,130Verified
- Avg. sessions /month7,967Verified
- Avg. profit /month$448
- Profit Margin44%
- Avg. sales /month28
- Shopify plan
- Retail Membership ($8), Cart Abandonment App ($8), Order Fulfilling App ($25), Reviews Importer App ($7)
Physical inventoryNot Included
Logo and branding assetsThe logo will be transferred with the store sale along with any original png files if necessary.
Personal support after saleI will answer any questions related to the running the business. I will give up to to a month of support via email.
Product photosAll product photos on the website will be transferred with the sale.
How to grow this business
The store sales can be increased with email marketing. Right now abandoned cart recapture emails are sent out, but newsletter emails with new products or promotions can be sent out to increase sales.
Another method for store sales growth is using products upsells to increase the order value.
The store currently has numerous products, but more products could be added to diversify and increase sales.
The store currently uses free traffic, but the store can be grown with paid traffic from Facebook, Google, or Pinterest.
A possible area of growth could be by using Instagram, including using influencers to promote the stores products.
The store currently does not have any established relationships with suppliers. The store makes profit by selling marked up products that are purchased from online retailers at low retail prices. The store can be grown by reaching out to suppliers, to dropship their products at wholesale cost.
Skills to have
The new owner should have general knowledge about running an online store including adding products, keeping track of profits, fulfilling orders and answering customer's questions.
Advanced marketing skills are not required, but will help in growing 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.