- Avg. revenue /month$10,246
- Avg. sessions /month31,301
- Avg. profit /month$10,502
Why this business was started
** $37 000 IN SALES IN THE LAST MONTH** We are still doing around $500 to $1000 in sales daily. We started this store a few months ago but started advertising recently. The only ads we made were through Influencers and FB ads. It shows the incredible potential of that niche market. You could make more by using our Data, Google Adwords, Email Marketing etc. Profit does not consider our monthly subscribers. We have a monthly program, where all of the members pay $7.95 per month to receive a new bracelet each month. There are currently 62 subscribers, which means that without advertising, you are guaranteed to sell atleast 62 * $7.95 per month (around $500 in sales guaranteed). Since there are no advertising costs and only product costs associated with these orders, each subscriber nets about $6 in profit per month. This means our current 62 subscribers net us $372 in profit each month, and this program is easily scalable. This store is valued at $38 240 by Shopify.
The reason of selling this business
I currently don't have much time to run this business as I'm in my last year of College and own another store. I also got a new job related to my field of study, so time is limited on my side to run ads. Our loss is your gain. If you want to be your own boss, here is your opportunity to invest.
What's involved in running this business
We use the Dropshipping method. It's user friendly and allows you to work wherever you want without supporting inventory. In order to run this business properly, you need to run Facebook ads and you could also run Instagram promotions from influencers. I will give you the list of proven influencers that I have used to make $200k with my other stores and that could work for this store (which alone is worth well more than our asking price). I will also explain my Facebook Ads strategy to the buyer. Our virtual assistant is currently handling customer support and she can also fulfill the orders, so this store doesn't require much time on your end.
Traffic and Performance
- Avg. revenue /month$10,246Verified
- Avg. sessions /month31,301Verified
- Avg. profit /month$10,502
- Profit Margin30%
- Avg. sales /month3,500
- Shopify plan
- Push Notifications, Order Limits (MinMaxify) & Ultimate Upsell
Physical inventoryNot Included
Logo and branding assetsFb Ads account and strategy, Instagram influencers and Instagram strategy, Facebook pages, Instagram page, Email subscribers. The logo and pictures will also be transferred to the buyer by email. We will also give 2 hours of training to the buyer. We also have around 30 000 email subscribers!
Personal support after saleWill be available to answer any questions about my strategy and will also provide my complete list of Instagram influencers I have used and still use to promote this store. I will give 2 hours of coaching by Skype, and provide my list of influencers in a Word document. This alone is well-worth the investment, as this list of influencers has proven to be working and can easily be used to boost sales on other ventures you may have in the future.
Product photosThe product photos will be transferred by email.
How to grow this business
If I were not selling, I would use the Pixel that I've implemented on my store to grow the sales using Facebook Ads. I would create more Lookalike audiences to generate more sales, and also run retarget ads to convert traffic that didn't purchase. I would also run Instagram Influencer Marketing daily & using a bigger budget. This business is easily scalable to $5000 in sales daily, as I've managed to achieve in the last month. I haven't touched Email marketing, Google ad words and more and managed to make upwards of $37 000 in sales in the last month, so I can only imagine the growth that can be achieved combining those strategies with Facebook, especially since the Facebook Pixel has been collecting data since the very first day. I would also grow the subscription program so that more users get billed monthly and that more recurring revenue can be secured.
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.