- Avg. revenue /month$5,402
- Avg. sessions /month9,669
- Avg. profit /month$2,000
Why this business was started
I created this business to generate an extra income along with my full-time employment . It was one of my best decisions! I have chosen this niche because from my point of view and financial numbers worldwide, is a never ending niche. Everyone needs a backpack for school, work or travel. The main sale channel for most of the orders is Google Search Ads. We have over 2000 orders and multiple very large wholesale orders. For the last 2 years our website is constantly on position 1 or 2 on Google for the brand name. This is how we are getting daily orders without paying a penny on ads.
The reason of selling this business
To be straight forward, our main focus is on a second business that we own and try to grow. The other business that we run is in the home decor industry with local suppliers which generates more profit due to high ticket products. Mark Ryden global needs very little time to run but we simply do not have the time to focus on both. We feel sorry to let the business go, but we can use the money to invest in the new business.
Also, there a few competitors selling the same products under the same brand but this apparently doesn't stop our customers to buy from us. We used to have stock in the UK in order to offer faster shipping rather than dropshipping from China and EU, but the cost was a bit to high and we kept going with dropshipping the products. The profit was the same and less headache.
What's involved in running this business
All the traffic and sales come organically from Google, we are on position 1-2 on first page with the keyword "Mark Ryden backpack" and similar. We spend 2-3 hours per week running the business by responding to customer emails and fulfilling the orders. Most products are being shipped from China but also EU so customers are asking to be updated with the tracking information.
Fulfilling the orders: we use an app that automatically generates an Excel file with the orders you select to add to this file. Then the file is send to the supplier via WeChat and they send it back filled with the price per product, tracking numbers and total cost. All orders are being paid everyday via Aliexpress. We place a pending order which the supplier updates with the correct total price. Wholesale orders usually are being paid via Alibaba, the supplier has an account there.
Pretty much that's it with customer support and fulfilling orders. Once a month we check if the supplier created new products and we add them into our store. Every now and then we check everything goes smoothly with the website, making some changes and adjusting prices if necessarily.
Traffic and Performance
- Avg. revenue /month$5,402Verified
- Avg. sessions /month9,669Verified
- Avg. profit /month$2,000
- Profit Margin50%
- Avg. sales /month50
- Shopify plan
- Shopify Apps
Physical inventoryNot Included
Logo and branding assetsThe logo is already in Shopify files but it will also be sent via Dropbox or Google Drive.
Personal support after saleI can provide 1 month support with supplier relationship, how to fulfill orders, how to answer customer emails and if necessary how to advertise the products on Google and social media.
Product photosImages and videos will be sent via email and Dropbox.
SuppliersWe have a special relationship with our supplier which will be passed to you. They offer a great support to each order.
How to grow this business
To grow the store you should start advertising the brand and products on Social Media, Google and YouTube. For the last 2 years we are getting our sales organically from Google, so going with paid ads will be increasing the revenue. If you wonder why we are not doing this ourselves, the simple answer is that all our advertising budget goes to our second business.
WE HAVE ATTACHED A SCREENSHOT FROM OUR GOOGLE ADS ACCOUNT WHERE YOU CAN SEE OUR LOW CPA.
Skills to have
It would be recommended to have some knowledge in online marketing, in particular - Facebook ads and Google Ads. But these skills can be self-taught and in little time.
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.