All prices in USD
  • Avg. revenue /month
    $2,677
  • Avg. sessions /month6,073
  • Avg. profit /month
    $570

Business Story

Why this business was started

I decided to start with this store because I am a man and I have a passion for accessories, I chose a niche like rings, being more precise rings of various very trendy shapes. I thought it was a good idea to start a business.

The reason of selling this business

this is a second business that I have started and now that my son is born I have decided to dedicate more time to my family.

What's involved in running this business

The site is ready and active. The tasks I carry out are: Search for New Rings Order fulfillment Reply to customer emails or messages. Social posts. Graphic changes such as site banners. Ads management on Facebook.

This business was founded: 12 months ago
Time to run this business: approximately 12 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,677
    Verified
  • Avg. sessions /month6,073Verified
  • Avg. profit /month
    $570
  • Profit Margin25%
  • Avg. sales /month150
Other details about profit: The average selling price of each ring is on average 20 euros, while the average order is 30 euros. This means that on average the site sells 1.5 rings. Cost of rings: 8.5 cost of 1,5 rings: 12,75 30 - 12.75 = 17.25 I am not a great expert in facebook ads and I started with this site, despite the fact that I managed to obtain a purchase cost of the sale: Better: 4.5 Average: 11 In some cases I have spent even 20 30 euros per ads set without being able to sell. Most likely someone more experienced than me can get better results. 17.25 - 11 = 6.25 Margin: about 25% I want to repeat that I am not an expert and that I started marketing with facebook with this site. The site is in GBP currency.
Total revenue
  • $32,124
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 72,882Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $19
      /year
    • Facebook
      $900
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      There are everything on shopify media, if the buyer need we can transfer by e-mail.
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      Products photo are imported by oberlo
    • Social media

      Total followers12,000subscribers
    • Suppliers

      We don't have a relationship, when we sell we buy directly with oberlo.
    • Mailing List

      532subscribers

    Seller‘s Advice

    How to grow this business

    With a good management of Facebook ads, the Store that sells only in the UK could maximize sales in the country and then move to other European countries and also to America. I think a wise decision is to take market shares and buy stock of Products, branding them, and creating customized boxes. Getting started with influencer marketing.

    Skills to have

    E-commerce management Facebook ads management

    Share

    dd
    donato d.Current store owner

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