- Avg. revenue /month$36
- Avg. sessions /month188
- Avg. profit /month$20
I love sales and retail. I thought Men's Apparel would be a good niche to sell in. Drop shipping if done correctly can be a very lucrative business model. It also provided me an opportunity to work from home and be my own boss.
After learning a lot of skills. Spending my capitol on training, and advertising. I had started to get traction and customers. However I didn't do enough market research for advertising before running out of capitol. I no longer have any desire to continue in the men's apparel niche.
Market Research, as well as product research.
The market on watches and ties is always changing you need to stay on top of it. Customer service both for purchases and returns. Social media posts.
Oberlo is a great tool that helps with staying on top of pricing, inventory, and fulfilling orders.
The products that are on the site have a track record of sales by the suppliers involved it really just needs good advertising to sell well.
Traffic and Performance
- Avg. revenue /month$36Verified
- Avg. sessions /month188Verified
- Avg. profit /month$20
- Profit Margin15%
- Avg. sales /month1
Other details about profit: The Profit has been varying month to month. The site has just now been getting consistent sales in the last three months. Without Advertising. Since that amount has not been consistent I cannot give an accurate number. However most products sport at least a 100% markup.
- Shopify plan
- Physical inventoryNot Included
- Logo and branding assetsThere is a Logo, as well as a couple of designs that I made on canva for the guarantee. All of that will be transferred upon the sale through email.
- Personal support after saleNot Included
- Product photosNot Included
- SuppliersNot Included
- Mailing list14subscribers
My five year plan would have been to study the market and begin to gain consistent sales with Facebook advertising and Google shopping. I would also subscribe to Dropified not only for the amazing features but for the training that they provide as well.
Utilizing proper marketing and scaling my plan was to turn this into a steady income of 6 figures a year. However I ran out of capitol wasting it on training that did not go into depth on Marketing or how to test ads properly.
By the time I had discovered dropified it was to late and I am forced to sell.
The site already has great cross selling tools built in, as well as the Shoptimized theme which the license key to use the theme will be included with the sale ($197 value.) the only thing it really needs to succeed is successful marketing.
Marketing and Product Research. The product that is already on the site is good product that will sell well. If you know how to market on facebook you can make this store very profitable
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.