- Avg. revenue /month$3,463
- Avg. sessions /month12,060
- Avg. profit /month$1,000
Why this business was started
I essentially build and scale brands that i see potential with. The reason i started with this store is because of the mass market appeal, there is a huge audience to target and is not limited to a specif niche. almost everyone has a smartphone these days so the product we offer will most likely cater to their needs. Another thing is, that it is not complicated. It's merely a a phone case that is easy to put on and easy to deliver to the customer. There are no expensive product cost or shipping fees associated with it. The biggest reason is that the product addresses a huge problem that will always be here; people are always cracking/destroying their phones with drops, spills, ans starches. A simple phone case can help them prevent that without spending hundreds of dollars to get it fixed in a store or buying a new phone.
The reason of selling this business
We currently have other brands taking too much of our time. We are creating custom products so this requires a lot of creating prototypes and talking with the supplier about our design. I am currently only a 2 man team, so much of the work is done by me. I won't be able to effectively serve the customers on this store if i am constantly focused on the other projects. We are also in 2020 will be focusing more on app development and less on eCommerce.
What's involved in running this business
The main things involved are running ads, customer service, finding new potential products, updating store stuff, and fulfilling orders. With the ads, you will mainly be focused on Facebook; turning ads on/off, creating new ad copies, and scaling your product. Fulfilling orders really only takes a couple clicks as you can select all of them at once with the shipping partner we use. With customer service, you will be responding to customers inquires about the status of an order, order cancellation, and custom request.
Traffic and Performance
- Avg. revenue /month$3,463Verified
- Avg. sessions /month12,060Verified
- Avg. profit /month$1,000
- Profit Margin50%
- Avg. sales /month150
- Shopify plan
- Paid Apps
- Facebook, Google
Physical inventoryNot Included
Logo and branding assetsThe official Magnet Casing logo, Facebook Videos, External Magnet Casing photos
Personal support after saleHow to get setup with the supplier and how to manage your ads on Facebook and or Google. We can also help with other product research aspects if you want to add more upsells or products in general. We will offer support for 1 month
Product photosAll the videos and photos used for Facebook Ads would be transferred. Also supplier photos that I have gotten
How to grow this business
For true consistency and growth i would say focus on SEO (Search Engine Optimization). This allows you to appear on Google, Bing, & Yahoo search engines for relevant keywords. For Ads, i would constantly create new creatives (ads) to test and have a better chance at scaling.
Skills to have
Mainly knowing how to fulfill orders ( I will show you how) and running ads (also offered in the extra support after)
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.