- Avg. revenue /month$723
- Avg. sessions /month1,347
- Avg. profit /month$627
- Inventory value$5,000
Why this business was started
I came up with an idea for an ecommerce business and I needed to learn about ecommerce and thought a site to test out and learn about the business was the best way to do it. This site was used so I could learn about the ecommerce and to test different strategies. I also used the brand to create custom products that I sell on this site and on Amazon USA.
The reason of selling this business
I have launched my other business idea (not related to fashion and apparel) and this site has been neglected, so I decided I will give a limited time to sell this site, if not sold shortly, I will be shutting down the site and re-purposing the social media accounts.
What's involved in running this business
Social Media (schedule posts via Buffer, respond to comments/messages) Advertising (Monthly plans, but need to analyze daily when a new ad hits) Place Dropship orders (daily) Product Updates (monthly, quarterly at the latest) Website Maintenance (follows product updates)
Traffic and Performance
- Avg. revenue /month$723Verified
- Avg. sessions /month1,347Verified
- Avg. profit /month$627
- Inventory value$5,000
- Profit Margin85%
- Avg. sales /month50
- Shopify plan
- Inventory warehouse
- Buffer, Mailchimp
- Facebook, Instagram, Google
Logo and branding assetsAll logo and branding assets will be transferred, most in Shopify, but any additional files will be shared via Dropbox.
Personal support after saleOne initial download meeting to walk through the website and accesses. I will be available for consultation for the 3 months after.
Product photosAll photos (including professional photos) will be transferred, most in Shopify, but any additional files will be shared via Dropbox.
SuppliersWill provide all supplier information including stock language that we use. Will also provide contact information for photographers and website developer.
How to grow this business
The store has been largely stagnant for the last year+
You'll start with a robust number of followers: Instagram [missgrandeurshop (23.9K), missgrandeurjewelry (4.4K), missgrandeurpremium (4.1K) and Pinterest (1.4K followers, 10.4K monthly viewers). With increased and regular social media posts, running advertising campaigns and updated SEO, you should see an immediate growth in the business. I would also start advertising on TikTok.
There is also an opportunity to expand internationally, while the site currently ships to 12 countries, most marketing efforts were focused on the US market. There were overseas influencers that had approached us to partner, we declined because we were focusing on the US market.
Skills to have
Social Media is huge, Instagram, Pinterest and Facebook were the main traffic drivers for this site. The already robust number of followers will be a great start for anyone that takes over the business to start reaching interested people from day one. Advertising creation (a good idea for color combinations, careful wording and good pictures). If you do enjoy taking pictures, that's also a bonus, I was paying photographers for product pictures. Understanding of SEO is very useful.
A love of Jewelry is great!!
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.