Mila Festival Jewelry is a niche business focused on women's festival jewelry. We sell earrings, ring sets and necklaces which have the ''festival'' vibe. This vibe is embedded in the products as well as in the branding. This niche has a huge potential to be massively profitable given that many women worldwide are gearing up constantly for parties and festivals all year long.
Although I spent three months researching this niche, searching for the right products, acquiring the right dropshipping supplier and designing the webstore, it is time for me to focus on my new job as Sales Director for a large telecom company in the Netherlands. I'm very proud of the result and I happily let someone else take it over to fuel the sales!
Financials and traffic
Average overall profit margin
Average number of sales/month
Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.
2% on every sale for Shopify.
$0,30 on every transaction for iDeal
Cost per product is on average $4,00 (including shipping cost!)
There are almost no other webshops focusing on this niche. This niche has a huge potential to be massively profitable given that many women worldwide are gearing up for parties and festivals all year long. Furthermore, the dropshipper has a lot a wide variety of products which is interesting for seasonal changes in supply.
How can the future owner improve the business?
The future owner should come up with sales strategies that are profitable as well as easily scalable. I didn't have sufficient time to develop such strategies.
What work have you put into the store?
I spent four months researching this niche, searching for the right products, acquiring the right dropshipping supplier, designing the webstore and creating attractive product information texts. The webstore has a detailed customer navigation path which is way beyond standard options.
How many hours does it take to run this business per week?