- Avg. revenue /month$692
- Avg. sessions /month1,665
- Avg. profit /month$244
Why this business was started
My business partner Jarrod is a huge watch nerd and he wanted to start a business in the space.
Im a Shopify Expert so starting, coding and running a shopify business is my bread and butter.
We found a great supplier who makes amazing quality leather goods and we just linked it all together.
The reason of selling this business
Jarrod and myself are both working on larger businesses and Keepiece was always a side hustle.
Now our main businesses are kicking up a gear, our spare time to run Keepiece day to day is getting less and less.
What's involved in running this business
Keepiece at its core is drop shipping business. We hold no inventory and the ordering process to our supplier is all automated.
A customer picks all of the straps requirements using a product options app. This comes through on the order. Once the order is received, we hit fulfil in Shopify and this sends our supplier an email with all of the requirements. Our supplier takes on average 10 days to make up to 10 straps.
Once they are made, he sends us photos to confirm they match the order and then we book a delivery from him to our office, for all straps. Using an express service like DHL, it takes 2 days. Once we receive the bulk lot of straps, we then package them into our packaging and create shipments to send to customers.
From there its just a case of marketing, social media posts, emails and also receiving requests for custom watch straps. These are processed using the Draft Order function, but are priced higher than standard straps.
To keep things interesting, we add a new strap colour/combination to our inventory every couple of weeks.
Traffic and Performance
- Avg. revenue /month$692Verified
- Avg. sessions /month1,665Verified
- Avg. profit /month$244
- Profit Margin35%
- Avg. sales /month8
- Shopify plan
- email marketing, apps
Physical inventoryNot Included
Logo and branding assetsBrand guide in Adobe illustrator format (.ai) will be emailed to the new owner.
Personal support after saleWill be available to answer questions for 4 weeks post sale. This will be via Zoom calls.
Product photosAll images on site will become new owners property
SuppliersOur supplier will become your supplier
How to grow this business
This store and brand has great potential. Marketing is NOT my strong suit, so if youve got those skills, this is a walk up start.
Watches have a massive following and its an irrational passion. If you can get in fron of the right eye balls on social media, forums and reddit, you will kill it in the next five years.
Skills to have
Once you understand how the watch straps are constructed and what you need to know to spec a watch strap to fit someones watch, its quite simple.
You will need to understand how to edit and create products, if you wish to expand the range of the watch straps currently listed on the website.
You will need to know how to use Shopifys fulfilment system to send orders to the supplier.
Being able to identify marketing opportunities on social media and on watch forums will be advantageous to growing the business.
We beleive their is strong growth possibilities in the influencer market, so if you can take the time to build those relationships, it would be very beneficial.
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.