- Avg. Revenue /month$318USD
- Avg. Sessions /month1,444
- Avg. Profit /month$700USD
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.
If they want an easy way to get into shopify dropshipping. Our store has proven products within proven marketing sources.
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
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.
Traffic and Performance
- Avg. Revenue /month$318USDVerified
- 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.
- Shopify plan
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.
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.
Why buy a business on Exchange
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.
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.
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.
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.
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.
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.
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