We decided to start this business as drop shipping from a reputable supplier in a common commodity (lingerie) because there is a large target market for under garments. We then narrowed this down to a target audience and niche market
The reason of selling this business
Our by laws in our country, exclude us from shipping or doing trade in the countries where we would be most lucrative. Added to this is that the only available suppliers to our country were from china.
What's involved in running this business
Keeping in contact with the customer, forwarding the order to the supplier and tracking shipping with regular updates to the customer. Updating the inventory and advertising.
This business was founded:over 2 years ago
Time to run this business:approximately 12 hours per week
Expenses
Shopify plan
$16
/month
Domain
$28
/year
Sale Includes
Physical inventory
Not available for starter stores
Logo and branding assets
We will sell the branding assets to the new owner free of charge
Personal support after sale
Not Included
Domain
Product photos
Not Included
Social media
Not Included
Suppliers
Not available for starter stores
Mailing List
611subscribers
Seller‘s Advice
How to grow this business
We studied the lingerie market to discover what our niche would be. leaving the store in a state of limbo, (no sales) but advertised for people to sign up for offers, we were able to gain insight into what type of customer was entering our store. We found that there was a considerable interest in our store by men. We divided our customers and researched potential buyers interest in the store. We discovered that 65% of our target market were men that actively engaged in cross dressing. We planned to supply to the ever growing demand of men who wish to shop discreetly for woman's underwear.
Skills to have
There are specific garments and sizes that cross dressers partake in. We then encapsulated this idea with the accessories.
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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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