All prices in USD
  • Avg. revenue /month
    $1,043
  • Avg. sessions /month1,934
  • Avg. profit /month
    $1,000

Business Story

Why this business was started

I am relatively new to drop shipping and have my other main store that I want to keep and scale. However, my main store has high-ticket items which are harder to sell. I started this store for the sole purpose of earning an income while I did product and advertising research on my other store. Now that my other store is doing well, I would like to shift my main focus on that store, and sell FIXARRI.

The reason of selling this business

Right now, I already have another business in place that is starting to flourish. With the pandemic, I have decided to put FIXARRI on hold while maintaining excellent customer service with my existing customers and holding off on advertising (as shipping times and expenses for any online store has risen) to maintain FIXARRI's image as both an upfront and high-end brand.

What's involved in running this business

I make money from selling drop shipped items. It is extremely easy and the hardest part is done. I have completed successful product research and have found the winning product and its niche audience on Facebook. My main job is to advertise my store through Facebook. Automated is a great word to explain my business as there is no inventory and processing a sale is as simple as a few clicks. The products are directly shipped from the supplier to the customer, meaning the supplier handles the entirety of logistics, from manufacturing to organizing the orders, to shipping the product. It is hardly time-consuming, and after 166 orders, the process is simple and easy.

This business was founded: 8 months ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,043
    Verified
  • Avg. sessions /month1,934Verified
  • Avg. profit /month
    $1,000
  • Profit Margin31%
  • Avg. sales /month55
Other details about profit: I have just focused on selling within Shopify though Facebook ads. I also experimented quite a bit with Facebook ads to research what works best for my other company, so I will be sure to provide advice on what will be most profitable for your own campaigns. My revenue alone for the month of March was approximately $5403.00. (100 orders) The reason my average profit per month is so low is because it includes data from April and May which was much lower in sales because I've had to slow down advertising due to increased expenses from the COVID-19 situation. If you look at the statistics from the month of March, those will be the most accurate, as I had to shut down around the middle of April.
Total revenue
  • $8,348
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 15,476Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $15
      /year
    • Email marketing, timer, and credit card logo apps
      $30
      /month
    • Facebook
      $1,100
      /month

    Sale Includes

    • Physical inventory

      Not Included

    • Logo and branding assets

      I will transfer all of the logos and images pertaining to my company. This includes all of the photos involved in both the store and my Facebook page and advertising campaigns. You will become the admin of my business account and again, I am here to help you when you first start advertising.

    • Personal support after sale

      I will answer any questions and provide advice or additional information that you need to continue to build and scale this successful store. I will help you for a full 30 days after your purchase. I will give you my personal email. You can ask about existing customers and how I deal with customer service, Facebook ads, apps, and what has worked best in the past for my store. I will also give you all of my contacts (including suppliers that know me well) and mentor-ship support that has been crucial to the success of my store.

    • Domain

    • Product photos

      All of the stock images and product photos will be sent via email. As well, I have a few video ads that I had paid for to be made. They were included in my main profitable campaigns - I will send those over as well.

    • Social media

      Total followers1,374subscribers

    • Suppliers

      I will give you the suppliers that I have been in contact with and who I recommend for future products. I have done plenty of product research and will recommend what products will work best when you feel comfortable scaling.

    • Mailing List

      195subscribers

    Seller‘s Advice

    How to grow this business

    Personally, I would add more products to the store. My total revenue of $8993.00 USD came from just one product. If I were to choose to keep this store, the first thing I would do is start advertising new products. I have done product research on other home decor products that will be just as, if not even more profitable than my current product. I will share this additional info with you if you decide to purchase.

    Skills to have

    I am an amateur at Facebook advertising, so you don't need to be an expert. Again, I will help you with product research and Facebook advertising, as I know what works best and the potential of future Facebook campaigns,

    ME
    Meredith E.Current store owner
    Hello, my name is Meredith, and I am the current owner of FIXARRI. Over the past few months, I have grown my store to have a steady following on social media and with just one product, I have almost made it to $9000.00 USD in revenue. I have worked on this store all by myself (yes, it only takes one person to run it) and am ready to sell so that I can place my main focus on my other company that is now ready to scale. At any time, I am available and ready to help you scale this store and continue to maintain a profit if you decide to purchase.

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