I decided to start an online business because I believe that the e commerce world is up-trending and will only go up for years to come.
I started this brand and niche because;
-Woman are most likely to buy online than men,
-Problem solving issue, woman always will want to look good or better than they already look/feel.
My entire job is creating ecommerce stores, I am a business owner and I decided to create more businesses to create more capital. Therefore, I saw this opportunity to create a new eccomerce store and fund my lifestyle. I had also wanted to start a women store for some time now.
The reason of selling this business
I do not have enough time to manage it. This store takes about an hour a day of work however, I have 5 other stores that are all clearing 20k/Daily. I would like to invest more time into those stores.
What's involved in running this business
Fulfilling orders,
running advertising campaigns,
Customer support,
Paying The supplier,
Transferring money from Paypal
This business was founded:over 1 year ago
Time to run this business:approximately 5 hours per week
Traffic and Performance
Avg. revenue /month
$991
Verified
Avg. sessions /month3,530Verified
Avg. profit /month
$600
Profit Margin12%
Avg. sales /month300
Other details about profit:We are advertising only one product, using one ad on Facebook. The product converts well with an overall Conversion Rate of 4.79%. Expenses are for Facebook advertising costs and product spend. Please note that the site is currently live with live ads running. So the income is actually increasing everyday.
Total revenue
$14,867
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
52,961Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$14
/year
The price is not accurate. Last month was 119$ due to multiple apps that were not in use. The normal cost is between 35-50$ per month.
$119
/month
Facebook
$4,000
/month
Cost Of Goods
$2,000
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
I'll transfer all the logos, banner images, videos via google drive.
Personal support after sale
I will provide Full Support in every aspect of the business: suppliers, inventory, ads, customer support, for 30 days. I will guide and mentor the new owner to understand and prosper with facebook ads. This will help them grow this store and create new ones in the future.
Domain
Product photos
I'll transfer all the product photos via google drive.
Social media
Total followers36subscribers
Suppliers
Not Included
Mailing List
450subscribers
Seller‘s Advice
How to grow this business
Private label the products,
Get a private supplier/agent/warehouse/fulfillment center,
Add more filter and variations of existing products,
Create new collections,
Scale to different countries (currently selling Only to UK),
Build Social media audiences with content and reasons for them to stay,
Scale to other platforms beside FB & IG,
SEO,
VA's
Skills to have
Minimum knowledge of running Facebook ads,
Shopify platform and apps knowledge.
*Most of the store is automated (backend systems such as; email sequences, sms sequences, apps, upsells, remarketing ads), so in this case it's very easy to get control and start running this store.
LM
Lee M.Current store owner
Hey,
My name is Lee Meyers,
I'm 25 years old and been working with Shopify for the past two years.
My passions are building and creating new brands.
In my last two years iv'e been creating multiple stores, making them run on autopilot, and selling them to others that would like a stable and long-term brand that generates income.
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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.
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