GoLifeHack - New Dropshipping store - Made sales already
GoLifeHack is an online dropshipping store offering a wide variety of gadgets to make life easier. We mainly focus on Home essentials, Health and sumer specials. This is more of a general store, this is because you can easily test out products this way and find which one is the most revenue generating products.
Most of the products you find in the store are quite unique and exclusive. All the products are dropshipped from suppliers whom i have used when i used to sell on Ebay so they can be trusted from my experience. The products are imported to the store using Oberlo which is a free app. I can help you with importing products etc. when you get started, I can promise my help even after the sale.
I have started this store as a side project to test facebook ad and I must say I am very impressed with how effective FB ads are if you do it the right way, which I will teach the person who buy this store. This store made 6 orders (9 sales) and the reason for only this many orders are because I have only advertised few times, and whenever I have advertised, I have made couple of sales. I spent so many hours trying to find the perfect way to advertise and now I I have mastered which I will teach the buyer of this store.
However, due to time constraints and job related matters, I have to let this go. I really hope the person who buys this from me would take this store to the next level. The profit margin is around 80 to 90% on most products. However, you can always increase or reduce the price.
What is required to keep the business operational?
Domain – [REDACTED] (Godaddy) - already paid for a year until May 2019
How does the business generate revenue?
What marketing initiatives have been used for this business?
How can the future owner improve the business?
Facebook promotion and gain page likes, Twitter and pinterest promotion. Add more products on a daily basis. Start writing product reviews to increase search engine ranking.
If you have any questions or enquiries please get back to me, I will try and respond as fast as I can.
Financials and traffic
Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.