- Avg. revenue /month$22,607
- Avg. sessions /month19,479
- Avg. profit /month$3,510
Why this business was started
Upon my past months researching the market, I find that lighting products are on a booming trend, especially when people are staying home due to the pandemic, they tend to find decor/lighting products to add in touch to their house/room, that is why these products are on the trend. Therefore, if I open a lighting product store and provide them the best lighting products, I will make a lot of profit from the store. And everything turned out exactly as my expectations.
The reason of selling this business
I also have another dedicated 1.5 year business running, at first I didn't think this new store will go this fast so I decided to start it with confidence that I can manage 2 stores at the same time, but things turned out that I can not. Now my dedicated business is having problems so I have to take care of it, therefore I have no time left in the day to put into this business so I decided to sell this store.
What's involved in running this business
Managing Ad Campaigns on Facebook, Replying customers inquiries, fulfilling orders (I have partnered with a reliable sourcing company to make the fulfillment process fully automated, they will take care as orders come in and all you have to do is paying them the cost of goods when you have received customers' payments)
Traffic and Performance
- Avg. revenue /month$22,607Verified
- Avg. sessions /month19,479Verified
- Avg. profit /month$3,510
- Profit Margin18%
- Avg. sales /month400
- Shopify plan
- Klaviyo Email Marketing, Loox Reviews, Other apps
- Transaction Fees (Stripe,Paypal)
Physical inventoryNot Included
Logo and branding assetsAll brand assets. Facebook profile avatar 1080x1080, Store logo 1800x700, branding colors, background, fonts.
Personal support after saleI will provide support 2 weeks after sale to guide you to run Facebook ads (Launching campaigns, creating profitable lookalike audiences, managing budgets). All profitable audiences will be transferred. / Also help with email marketing, launching email campaigns to get additional profit from past customers. Handling inquiries / refund requests / chargeback cases from past customers: It is my responsibility to resolve all past customer problems so I will have access to the mailbox 1 month after sale to resolve all cases / Or buyer can forward those issues to my new mailbox. Since orders are made to my personal Stripe and Paypal account, buyer won't have any issues with disputes/chargebacks.
Product photosAll Products photos and customer reviews product photos.
SuppliersRelationship with our reliable supplier. 7-14 days shipping to the US, product quality is assured.
How to grow this business
Since the store already has a lot of potential and has collected enough pixel data to grow, it is not a big deal to scale up and make the best profit. If I were still the owner, I would find more scalable lighting decoration products to add up to my store such as Light Projectors, Lamps, LED strings so as to expand my product catalog and then launch advertising for those products using the already collected data for optimized profit, also launching effective email campaigns to collect organic sales.
Skills to have
Basic knowledge of Facebook ads (launching campaigns, modifying budgets, using CBO campaigns, which I am using because it is very effective) / Managing Shopify store (general setups, settings) / Have a grasp of standard business operation.
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.