- Avg. revenue /month$231
- Avg. sessions /month863
- Avg. profit /month$1
Why this business was started
I started this company after discovering there aren't many dedicated websites for eco-friendly alternatives, plus there is a huge projected market growth for sustainable products over the next 5-10 years. This was also a great chance for me to get additional income along side my full-time job. Starting an eco-friendly store was a niche I chose after seeing how much waste and pollution my house currently creates along with the growing waste created around the world. My original plan was to start selling the very basics such as reusable straws and utensils but that quickly grew into gathering alternatives for everything you use daily.
The reason of selling this business
I recently purchased a house and will be starting a family soon so I no longer have the time and funding needed to run a Shopify store at the moment. Running the store required time to research market analytics, run ads, and ensure orders were being sent out which I no longer have the time to do. I could only spend an hour a day researching which stopped my business from expanding as much as it could. The store is still in a start-up phase which requires the most time to gather leads, returning customers, and running ads.
What's involved in running this business
Since I am still in the start-up phase of operations there are a few things to know about running this business. Below I have broken each section up. Traffic - Most traffic came from running Google ads since Facebook ads had very little success. With Google ads set to a $10 daily budget I was getting on average 20 to a little over 100 visitors per day. Organic traffic only accounted for 4-10 visitors daily. Conversions - Traffic was converted in several ways. First was an email pop-up when entering site offering 10% off for subscribing to email. Second was using several apps to show sales, offer free shipping and compare products. Final way was using another app that gave customers an addition percentage off another item when entering the check-out phase. Conversion rate ranged anywhere from 0.50% to around 0.80% monthly. Customer relations - All emails, promos and news letters were handled through the automated email app klaviyo. Only customer questions and order issues were manually responded to. Fulfillment process - Once a customer submitted an order it was automatically sent to Spocket. After it has been receiving by Spocket all you need to do is checkout and charge your card. Everything else including emails, tracking information, and invoices are handled by Spocket. Market research - I have ran several gift card give-away contests to gather customer feedback and grow the email list. I also reference new blog posts that showcase the best eco-friendly products to ensure we are always meeting demand.
Traffic and Performance
- Avg. revenue /month$231Verified
- Avg. sessions /month863Verified
- Avg. profit /month$1
- Profit Margin1%
- Avg. sales /month5
- Shopify plan
- Spocket and Loox
- Facebook and Google Ads
Physical inventoryNot Included
Logo and branding assetsI have original logo vector PNG files, banners, and all other socials saved locally. I can transfer via email, or document sharing. I still have all images that were used for advertisements saved as well.
Personal support after saleNot Included
Product photosAll photos are stored within Shopify so no need to be transferred.
SuppliersAll suppliers are managed through Spocket and Carro so all information and relations will be transferred. Spocket automatically processes orders, creates custom invoices, and processes your payments.
How to grow this business
Continue partnering with new Eco companies and reduce the overall carbon emissions and waste from deliveries. This can be done by working directly with vendors. Once a specific target audience is found increase advertising budget to reach more customers and increase conversions.
Skills to have
The website, apps, analytics, and advertising has been completely set up so no costs or time are needed to complete. The shop is ready for advertising and sales as is.
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.