- Avg. revenue /month$858
- Avg. sessions /month68,171
- Avg. profit /month$175
Why this business was started
I have decided to start this business to help people find the perfect gift at affordable prices. But also, gifts for any occasion: Birthdays, Christmas, Anniversary, Graduation, etc... It can be very difficult sometimes for people with all the different options today on internet to manage to decide what gift to choose. I ease this process by providing customers with top gifts selection for different categories (pets, home decor, kitchen, fashion, gadgets...)
The reason of selling this business
We will start a new job in 2021, that will not let us much time to pursue the development of Little Flair and keep our customers satisfied with the best services. But we want Little Flair to be in good hands, because we truly believe that this shop has a lot of potential. We are selling also because we are two on this project that has been going on for 3 years, we've generated nearly 3 millions in sales with Little Flair but now we don't have the same vision for the next years so we want to have both a fresh start.
What's involved in running this business
It is a dropshipping business, so you do not need to have stock. I work directly with suppliers. You just have to bought the products to the suppliers once bought by customers. The suppliers take shipping in charge. You should fulfill the customers’ orders and provide them with good after sales service to reassure and help them all along their shopping experience. So when the customer buy you just need to order from our suppliers and fulfilled 1 day after with the tracking number. Emails are automatically sent to the customers (Order Confirmation, Cart Abandonment, Review request, Winback Series, etc. with Klaviyo). Also run and create advertising campaigns. You need to attract traffic with Facebook and Instagram Ads (you also can with Google Adwords, Twitter, Snapchat, Pinterest, Linkedin, Reddit, etc.). Several good video ads are already ready for advertisement, and pictures that are good quality. Create social media content on the Facebook and Instagram Account. As well as doing email marketing with our customer database. You should also always search for new amazing products!
Traffic and Performance
- Avg. revenue /month$858Verified
- Avg. sessions /month68,171Verified
- Avg. profit /month$175
- Profit Margin20%
- Avg. sales /month10,000
- Shopify plan
- Klaviyo, SMS Bump, Loox, Checkout x (transaction fees depending on the number of sales made), Tracking Genie, Coin
- Facebook and Instagram
- Google Adwords
Physical inventoryNot Included
Logo and branding assetsVideo ads (20), pictures of products (2000 to 3000), Logo (5), Several icons (10), Collection images (10). Transferred by wetransfer or e-mail. The logo was designed by a graphic designers and the images are almost all unique as we took them, plus all in jpg, small size 700x700 or 800x800 and compressed, for a faster loading when the visitor comes to shop.
Personal support after saleI can provide a 10 hours training for the support after sale. We have also a guide for after sale service with many explanations about how to answer to customers and pre written email models.
Product photosPictures of products (2000 to 3000). Transferred by wetransfer or e-mail.
SuppliersWhen an order comes in, we wait for 1day before sending a big excel file to our Chinese Agent Lancy. Basically every 2 days we export our orders from Shopify to send it by email to Lancy, she sends back an invoice that we pay by bank transfer, plus the tracking numbers and she manages all the logistic and shipping for us. She is very available on her whatsapp so we had no issue and we trust her. If you sell like one or two units every month of one specific product, then Lancy will not have it in stock and you should order it by Aliexpress.
How to grow this business
I would scale it with Facebook and Instagram for $1M Sale per year.
Skills to have
Facebook ads is very important for our business
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.