All prices in USD
  • Avg. revenue /month
    $8,265
  • Avg. sessions /month42,972
  • Avg. profit /month
    $750

Business Story

Why this business was started

I've always listened to people talking about their promotion at work how they'll be making $100 more now. This got to me how people really don't seem to have any real ambitions. I first started another store which wasn't very succesful, after that store came GamingNeeds. It was an industry I had some knowledge about and knew what people would like. Eventually it started growing. In the 2 years GamingNeeds exists I've built up a large influencer net of around 19 influencers (mostly consisting of Meme channels with around 100k-2 million views on average) willing to advertise for some amazing rates going a lot lower than most Facebook ads.

The reason of selling this business

I've also got my university to worry about, It's taking up a lot of time. without this time I can't grow GamingNeeds further. I had to make a decision between University and GamingNeeds, and chose the first.

What's involved in running this business

The main focus is on managing the 3 employees currently maintaining the store. Their tasks include customer service, Product management and supplier management. Operations like starting new promotions, managing ads or reaching out to influencers are not yet automated.

This business was founded: over 2 years ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $8,265
    Verified
  • Avg. sessions /month42,972Verified
  • Avg. profit /month
    $750
  • Profit Margin12%
  • Avg. sales /month180
Other details about profit: The profit depends on what combinations of advertisements are used. Usually the best performing combination is Youtube Influencer ads followed up by Facebook retargeting ads. Please contact me for a more detailed spreadsheet of the expenses and profit.
Total revenue
  • $239,681
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,246,199Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $540
      /month
    • Domain
      $45
      /year
    • Judge.me, Oberlo, Klaviyo, Wishlist King, Product Personalizer, Product filter and search, Gsuite, Front
      $200
      /month
    • Influencers, Facebook, Google, Affiliates, Reddit
      $500
      /month
    • An Adobe Premiere subscription is advised for advertising
      $20
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All photographs, Logos and advertisements are stored on a seperate hard drive. These will be transferred to the new owner in a way of his choosing. Email, Google drive, etc...
    • Personal support after sale

      I'll provide a full walkthrough of all steps to be undertaken to continue growing the store and assist the buyer for up to a month. All possible problems that come with an online store will also be discussed.
    • Domain

    • Product photos

      Just like the Logos and ads, edited product pictures are stored on that hard drive.
    • Social media

      Total followers6,000subscribers
    • Suppliers

    • Mailing List

      58,735subscribers

    Seller‘s Advice

    How to grow this business

    To start growing, the current Facebook and Google ads can be expanded. The Youtube sponsorship reach-out can be broadened, and possibly made more ROI friendly with an affiliate program. After this, more employees will need to be hired to ensure an even workload (currently 3).

    Skills to have

    A basic knowledge of Shopify, the concept of dropshipping and experience with Facebook/Google ads can be useful, but not mandatory as I will transfer my own knowledge and experience about the store operations in the month after the sale.

    Share

    AN
    Antonio N.Current store owner
    I'm a Student at the University of Antwerp currently studying IT. Besides making a decent living for myself, IT has always been a passion I've been pursuing my entire life.

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