I started the business because I noticed there was a niche for inexpensive minimalist jewelry. It can also grow to be a larger business because you can design your own jewelry. The Supplier allows you to submit your designs for them to create. That feature isn't available for drop shipping, but as the business grows you can fund those new designs.
Supplier that are very inexpensive have been used, as well as direct purchasing mean larger margins. Most dropshipping takes from Aliexpress but this supplier allows you to buy from them directly at a massive discount. A ring on Aliexpress that costs $21, costs $5-7 through direct purchasing.
The reason of selling this business
I'm selling because I believe that it can help new dropshippers enter the market with a pre-made store that can also grow to include your own designs. If you have a drive to create your own business and eventually your own jewelry this is the store for you.
Because I decided to sell it, I haven't bought a domain which means you can rename it if you'd like to as well which means you can make it your own brand and develop it from there.
What's involved in running this business
It's really easy at the moment. You'll just have to get the marketing and social medias started to get traffic. Then you'll need to be responsible for making sure the rings get ordered properly.
This business was founded:10 months ago
Time to run this business:approximately 6 hours per week
Expenses
Shopify plan
$29
/month
Sale Includes
Physical inventory
Not available for starter stores
Logo and branding assets
Images and stuff are all in the files section of the store
Personal support after sale
Not Included
Domain
Not Included
Product photos
It's all in the files section of the store so it can be transferred that way. Can also use google drive to transfer the files
Social media
Not Included
Suppliers
Not available for starter stores
Mailing List
Not Included
Seller‘s Advice
How to grow this business
Start by increasing the customer base with marketing. Eventually move into newer styles of jewelry if things change. Keeping up with styles means repeat customers. One of the Suppliers on this site also allow you to design your own jewelry. So as you get larger you can start to implement your own styles!
Skills to have
You'll want to learn how to run social marketing ads but that's about it, everything else is pretty easily learned.
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.
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