All prices in USD
$700

Business Story

Why this business was started

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.

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2Q G.Current store owner

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