The business was started as I was interested in starting my own business but I had always thought of it requiring large investments of money which I have never really had. However once I had discovered drop shipping it made the whole idea turn into a reality as I was able to start finding products that I was able to make a good profit margin on and that had a very high demand. So far I have put in 3 months of non stop work dedicating all my time to improving the business. Often times working on the business for 10-12 hours a day. Aside from the store there is also an Instagram account that will be included. This business model is drop shipping as I find products from various Chinese suppliers and sell them on my website for an increased price. Then when I receive an order I buy it from the supplier and they will ship the product to my customer and the business will then keep the profits. This therefore requires no need to hold the inventory yourself. The way that we attract customers we use facebook advertising and Instagram advertising as we specifically show our adverts to the specific target market who would be best suited to each product. Typically it will cost £10 per day to generate 1 sale, although occasionally £10 a day has generated 2-4 sales per day. Currently we do have returning customers as our customer returning rate is close to 2%. The reason for selling the business is due to some personal issues in my life and I feel that I cant give 100% effort into running the business and hope that someone else may be able to carry it on for me.
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.
|Subscriptions (ie. Mailchimp, apps)||
|Advertising (ie. Adwords, Facebook ads, etc.)||