All prices in USD
  • Avg. revenue /month
    $7,503
  • Avg. sessions /month10,114
  • Avg. profit /month
    $700

Business Story

Why this business was started

I started this business as an experiment to test for myself the power of dropshipping e-commerce. It started as just a little hobby and experiment of sorts and grew into something I never imagined could have happened, all in the space of several short months.

Being able to make a sustainable income wherever I wanted (even while sleeping) was mind-boggling to me, and the future owner of this store will have plenty of data and a large mailing list to continue to drive new and old customers back to the store to continue the growth and profitability of the store.

The reason of selling this business

I did not expect the store to be doing so well, and it has since grown beyond my expectation and ability to handle and manage.

I arrived at the stage where I have to decide between focusing on my studies or this business, and i decided that I should focus on getting the Ph.D done first. So, my loss is your gain!

What's involved in running this business

The basic business operations include running advertisements, primarily via Facebook Ads. This should take as little as 5 minutes to an entire day, depending on your aggressiveness.

Besides the marketing, a little bit of admin work is needed. Expect to spend up to 1 hour a day to reply comments/PMs on FB ads, answer emails, and handle paypal issues. There is an option to hire assistants via Upwork for these jobs, but I always suggest that you do it first to get experience.

You will also regularly connect and work with a supply agent out of Shenzhen, China, who speaks excellent English. She will handle all orders and fulfillment, and will forward you with the order details and cost. Just make sure to go through the order list, and pay her accordingly. Tracking code is automatically updated.

In total, I would say ONE HOUR PER DAY is all it takes for now, with options to further reduce them down to 15-30 mins a day once outsourcing is completed.

This business was founded: 10 months ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $7,503
    Verified
  • Avg. sessions /month10,114Verified
  • Avg. profit /month
    $700
  • Profit Margin12%
  • Avg. sales /month350
Other details about profit: Profit margin is low as most funds were re-invested back into running ads and experimenting with new audiences and targeting options, hence cost-per-sale on FB is higher than usual. However, new owners might not need to follow suit. They could play safe and run ads on profitable audience, and focus on remarketing to grow profit margins significantly.
Total revenue
  • $67,525
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 91,034Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Shopify Apps
      $40
      /month
    • Facebook
      $3,200
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Uploaded to a Google Drive folder, with links shared with new store owner for download.
    • Personal support after sale

      I am happy to provide up to 3 weeks of personal support to help you take over the store. Support will be via email, and suitable instant messaging options (WhatsApp, FB messenger preferred). I would not mind doing a weekly video call session to answer questions.
    • Domain

    • Product photos

      Uploaded to a Google Drive folder, with links shared with new store owner for download.
    • Social media

      Total followers305subscribers
    • Suppliers

      The supply agent is based out of Shenzhen, China. I primarily communicate with her through Skype, and payments are done through Paypal. Once transfer process is initiated, I will introduce you to her as the new proprietor of the business, and connect you with her. Throughout the transfer period, all parties will communicate out of a Skype group to ensure smooth transfer process.
    • Mailing List

      2,800subscribers

    Seller‘s Advice

    How to grow this business

    As for now, the profit margin is not high, as a large amount of funds are reinvested into FB ads to build up a solid list of purchasing customers. So far the store has close to 3000 customer's list.

    These purchasing customers have proven that they are on with the dropshipping model of business, and will easily convert if remarketed with similar products. The goal is to eventually remarket automative products via email to them to generate sales and profit. Without spending on FB ads, the profit margin could be as high at 500%, making the business having a HUGE upside potential.

    Skills to have

    If you have basic understanding of dropshipping and how it works, as well as beginner level skill in FB ads, that should be ok to start. I am happy to support and help you through the process of taking over the business.

    Share

    NO
    Nigel O.Current store owner
    I am a Ph.D student in Social Science, taking up droshipping as an experiment in my own free time.

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