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Noble & Smith - 3 Day shipping time World Wide

www.nobleandsmith.com
$2,600USD
  • Avg. Revenue /month
    $231USD
  • Avg. Sessions /month1,132
  • Avg. Profit /month
    $2,280USD
  • Inventory value
    $1,400USD
Description

General description

Noble & Smith is a store focussed on gentlemen who appreciate the finer things in life. Who value quality over quantity. I started this store because it has always been my dream to create my own brand. In the beginning I did very well, but as all the money that came in went directly into the store again, I needed to work on the side to be able to pay my bills. So I started managing eCommerce stores for others, which is now my fulltime job. Which is the reason why Noble & Smith hasn't grown in the last year. In the beginning I designed my own products. I bought these products in bulk and operated with a profit margin of nearly 80% per sale. After that I added a dropshipping supplier who offers the opportunity to sell BRANDED leather bags, for both men and women. Store store comes with approx. 1400$ worth of inventory (Credit card and Passport wallets). THESE CAN BE DROPSHIPPED upon request. You'll get access to all the suppliers I've ever used for this store. The leather bags that are listed come from a dropshipping supplier. The dropshipping prices have been negotiated and you will get full access to the supplier and pricing agreements. The supplier also sells women's bags, so you could easily expand into women's product line. The supplier has a shipping time of 5 days worldwide - They offer the option of custom packaging and the Noble & Smith logo embossed into every product you sell. It's a shame I have to sell this store as it comes with a lot of potential, especially since it's not a mainstream dropshipping store in it's niche/market. All revenue that has been made of the course of it's 2 years existence has been done with an advertising budget of only 1000$. I figured out a way to turn customers into brand ambassadors, and occasionally I promoted products through influencers with the product as payment. This really is a turnkey store. And just needs an owner with a marketing budget and the motivation to grow this brand. I've created the complete store, negotiated prices with non-AliExpress dropshippers, designed products which are in the physical inventory, wrote product descriptions, edited product pictures and build the brand.

Why should someone buy this store?

It's the perfect foundation for a long lasting Brand.

How can the future owner improve the business?

Market it more. Make us of influencer marketing, google adwords and Facebook/Instagram remarketing

What work have you put into the store?

Created the store. Negotiated agreements with dropshipping supplier Wrote product descriptions Built Social media following
Time to run this business: approximately 12 hours per week
Traffic and Performance
  • Avg. Revenue /month
    $231USD
  • Avg. Sessions /month1,132
  • Avg. Profit /month
    $2,280USD
  • Inventory value
    $1,400USD
  • Profit Margin40%
  • Avg. Sales /month30
Traffic and Revenue data comes directly from Shopify and can not be edited by the seller.
Total revenue
$8,083USD
Total traffic
39,649Sessions
Expenses
  • Shopify plan
    $29USD
    /month
  • Domain
    $1.67USD
    /month
Sale Includes
  • Physical inventory

  • Logo and branding assets

  • Social media accounts

  • Personal support after sale

  • Domain

  • Product photos

Social Media

Social followers4,000subscribers
Seller‘s Advice

How to grow this business

I would invest heavily into influencer marketing (not just social media influencers, but also into blogs). I would create an ambassador plan and motivate people to share their purchases on social media through custom discounts. I would gather a lot of data from the customers and start advertising through an Look a Like audience on Facebook/Instagram.

Skills to have

You need motivation and the right mindset.
MN

Maarten N.

Running this business for almost 3 years
I'm became an eCommerce manager for a big brand in the Watch Industry. This is the reason I'm selling Noble & Smith. I'm from the Netherlands and would love to chat about eCommerce with you!
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