- Avg. revenue /month$6,325
- Avg. sessions /month7,129
- Avg. profit /month$2,900
- Inventory value$525
Why this business was started
We were always interested in e-commerce and working for ourselves. We discussed and thought how we could best sell our products, we basically really we both had a love of dogs, both myself and my business partner loved our own dogs and new we could exert our energy into a dog product store.
Because we had available access to our own dogs, we could create simple video ads with our dogs playing with the toys.
The excitement of hearing the cha ching sound go off on our phones every time we get a sale, makes all the hard work put in to this website worth it.
The reason of selling this business
Myself and by business partner have found a new passion project that we have both longed to do. We both work full time and have decided we can't give both stores the attention they need to make them both flourish (Hence why there are a few months of no store activity or sales). We simply decided we needed to put all our eggs in 1 basket.
This store has the potential to be absolutely great. It has 9700+ Customers for free advertising. We have an Instagram account with 68,000 followers [REDACTED] A fully set up store with your own personal fulfilment agent.
What's involved in running this business
This is a dropshipping website that sells pet products. To run this website you will need to Run/ check the following items daily: - Check Facebook ads, always check your business manager how your performance is going. Do I need to lower the budget for the day if underperforming? - Check Instagram (68,000 followers), post a photo, comment and like peoples photos, reach out to potential collaborators you can work with. Reply to messages - Fulfil orders - Our simple system with our Fulfilment agent allows you to bulk pay the active orders when you want. Saving plenty of time to complete other tasks. - Reply to Emails - Spend some time out of your day replying to customers who are asking when their order is arriving or if you have to provide any replacements. myself and my business partner could handle the email load together, this is why an virtual assistant wasn't required. - Account manager - Every day you should have a spreadsheet available to keep track of your sales and expenses.
Fact: U.S. pet store sales will grow from about 19.3 billion U.S. dollars in 2017 to approximately 21.6 billion U.S. dollars by 2021. Fact: 65% of U.S. households own at least one cat and 54.4% at least one dog.
If I was you I would get into the E-commerce business as soon as you can
Traffic and Performance
- Avg. revenue /month$6,325Verified
- Avg. sessions /month7,129Verified
- Avg. profit /month$2,900
- Inventory value$525
- Profit Margin25%
- Avg. sales /month1,000
- Shopify plan
- Inventory warehouse
Logo and branding assetsWe will transfer our Logo file in pdf with a transparent background. These files will be transferred via email.
Personal support after saleI will help with the transition of all accounts. If for some reason a domain needs to be reconnected etc, I can help explain the process to reconnect. I will also provide you with insights on our best type of customer when advertising on Facebook
Product photosStore product photos will come with the account. Excluding - Advertising photos
SuppliersWe currently have a strong relationship with our Fulfilment agent. We have a tried a couple and if we weren't going to sell the store we would stick by them 100%. Our fulfilment agent is based in China, they speak very good English and are contactable almost all the time. The agent can fulfil our orders in 6-12 days. The agent has an app linked to our Shopify store that you use to pay for orders, import new stock and track warehoused product quantities. There are 2 ways to deal with orders. 1. We can pre purchase stock - We pay our agent to purchase the stock and store it for us in their warehouse at NO EXTRA COST. When orders come through the agent can send the order out for shipping within the same day. This cuts out 4 days of shipping times. 2. Order as we go - If we don't purchase stock on hand, our agent will purchase stock from the suppliers as we go every day and handles the receiving and packaging products ready to ship out. Our potential buyer will receive this as part of the deal and I will set you up with our agents Skype contact details that you will use to communicate daily.
How to grow this business
Due to our autonomous fulfilment of orders with our agent. We recommend spending the extra time available to set up automatic email marketing, set times the email release and really utilise the 9700+ email contacts. This is something we hadn't done a lot of and regret the opportunity to utilise the free audience.
We would also recommend utilising our 68,000 followers on Instagram. We didn't put in the time to reach out to dog accounts. The goal for you would be to reach out and send products out to dog accounts with thousands of followers to help you advertise. In return you get free advertising and you also get the chance to repost the photos onto your very own Instagram. The use of Social media can make a business go through the moon. Due to our 68,000 followers, other accounts will want to work with you, as you can provide them with free advertising to our 68,000 followers. It is a win win for both parties.
47.3% of our followers are from the United States of America. The next highest country is United Kingdom with 7.4% of followers. Please kindly see attached photos
Skills to have
The potential buyer who is willing to make the jump. Should understand the ins and outs of the Shopify platform. If you don't that is ok, there are thousands of Youtube videos to help with trouble shooting while also Shopify support is active 24/7 and the wait time is no longer than 5 minutes.
The potential buyer should also understand how to create a Facebook Business Managers account to run their Facebook/ Instagram ads through. This involves understanding the difference between a campaign, ad set and ad on the platform and understanding what KPI's to look out for. Again it isn't the end of the world if you don't there are thousands of Youtube videos available and plenty of Mentors. I still contact my mentor who I learnt everything off 1 year ago.
The potential buyer should have an understanding about how to market products, how to emotionally engage the audience, what flashy information should you make jump in front of the audience. How to choose who your audience is. Testing is a major part of facebook ads, you need to spend some money learning who your audience is and narrow in on your successful campaigns.
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.