This store was created about 5 months ago. HandedHint is a webstore that procures the coolest gadgets and best gift ideas all in one place., it's user friendly, clean and well structured.
Nothing fancy, nothing complicated, I wanted to create a simple, fast and convenient shopping experience for my customers with a mix of products in multiple collections.
The products are all from AliExpress and I use Oberlo too.
My customers are impulsive buyers, they are mostly just focused on one single product and buying it very fast.
Essentially they are very simple as long as you make the buying process simple(and trustworthy) too.
So the store is just how I wanted it to be and it took me a long time to get it right. I've had a pretty good couple of months inspite the fact i had a very low budget and it could have been a lot better if I wouldn't have run into liquidity problems.
Unfortunately my bank raised the limit of my credit card just to a certain point. Given the fact that I am young too and don't have wealthy circumstances or a business model which fits their criteria they didn't want to raise the limit nor give me additional credit.
I didn't want to use my own money from my personal bank account because I needed the money for other investments which I didn't want to affect. So I was forced to reduce promotion and advertising because I couldn't handle more sales.
It was frustrating for me. So June came, I managed to get more money to invest and I was ready to crush it. After 5 days into June I ran into the next problem. The bureaucracy of The Netherlands is not a friend of drop shipping. The problem was that the vendors on AliExpress don't issue any invoice and the Dutch state seems to have a problem with it, more specific the financial authorities.
So in order to solve the problem, I had to pay a lot of money so my accountant was able to fix it so I won't get any troubles if authorities were to check my company. That was the moment I knew that the business model was not suitable for my situation.
Why are you selling the business? I thought about restarting again with someone from another country but now i need to sell it due to a lack of funds. So as long as you're not in Holland and you have money to invest in adspending you won't have any problems and can enjoy a quite easy, "passive" income.
- About us
- Terms of service
- Track my order(app)
- Refund policy
- Contact us
- Under $20
What's included in the sale? An instagram account with 8k followers and business email address.
What is your cost of customer acquisition? Profit margins are 50% most of the time (including ad cost)
Do you have recurring customers? We do have recurring customers
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.
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