• Avg. Revenue /month
    $318USD
  • Avg. Sessions /month1,444
  • Avg. Profit /month
    $700USD

Description

General description

Hello!

Welcome to Monadashop! Our online store is a general store that is catered towards females. We sell a variety of accessories and collectible gifts. Our store mainly utilizes instagram influencers to sell our products. There is no inventory and it utilizes a dropshipping business model from Aliexpress.

Why should someone buy this store?

If they want an easy way to get into shopify dropshipping. Our store has proven products within proven marketing sources.

How can the future owner improve the business?

Begin running Facebook Ads: run retargetting ads to people that have already visited our site Expand traffic sources: Utilize sources like Google Adwords and Facebook ads to acquire new customers

What work have you put into the store?

I have put in so many hours into the store. It has been open for over 6 months but only recently in the past two months has it generated significant revenue. I have created the store, created the logo, created custom graphics like trust badges and trust badges. I have also spent lot's of time finding the right influencers to market to and adding in trending, hot products.

Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $318USD
    Verified
  • Avg. Sessions /month1,444Verified
  • Avg. Profit /month
    $700USD
  • Profit Margin40%
  • Avg. Sales /month50

Other details about profit:The profit margin is about 40%. It is quite high as we utilize instagram influencers which is a fairly cheap traffic source.

Total revenue
$3,495USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
15,884Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $59USD
    /month
  • Domain
    $0.83USD
    /month

Sale Includes

  • Physical inventory

    Not Included

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

    Not Included

  • Mailing list
  • Social Media
    Total followers1,300subscribers

Seller‘s Advice

How to grow this business

I would continue marketing on instagram influencers and acquire a ton of pixel data.

Then I would create lookalike audiences on Facebook and scale the advertising to another level.

I would also incorporate new traffic sources like Google adwords. I just launched a campaign and already validated the traffic source through getting a sale.

Skills to have

Commitment: really be committed to dropshipping and finding new products to sell

Creativity: Dropshipping is competitive but you need to be creative in order to think of new winning products to sell.

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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.

YW
Yuanda W.Running this business for 12 months
I am currently a University Student that is on summer break. I am selling this store as I will not have much time to actually run the store during the school year. I am quite open to providing on going support with the next person that takes over the store and can commit a few hours a week to Skype calls.

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