- Avg. revenue /month$7,503
- Avg. sessions /month10,114
- Avg. profit /month$700
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.
Traffic and Performance
- Avg. revenue /month$7,503Verified
- Avg. sessions /month10,114Verified
- Avg. profit /month$700
- Profit Margin12%
- Avg. sales /month350
- Shopify plan
- Shopify Apps
Physical inventoryNot Included
Logo and branding assetsUploaded to a Google Drive folder, with links shared with new store owner for download.
Personal support after saleI 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.
Product photosUploaded to a Google Drive folder, with links shared with new store owner for download.
SuppliersThe 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.
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.
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.