Ocean Life Straws™oceanlifestraws.com
- Avg. revenue /month$15,858
- Avg. sessions /month89,638
- Avg. profit /month$8,404
Why this business was started
Saving the turtles became a popular campaign and was something I felt passionate about. I also saw an opportunity to profit from it as well and decided to take action on that. Being able to profit from a product that is encouraging good habits for our environment is a win-win.
The reason of selling this business
I've started a new store that needs all of my attention. It's in the beginning stages and it's a big leap to the brands I've built in the past. I've realized that it'd be hard to focus equal amounts of energy on both stores at the same time.
What's involved in running this business
This entire brand was built on affiliate marketing. I was able to build a team of twitter influencers to promote my products under their tweets. These influencers wont come with the store so you'd have to build up your own team.
To fulfill orders I simply send my supplier a csv file through skype. I would provide you with my suppliers contact. He has a very quick turnaround time, even for the biggest of orders.
Traffic and Performance
- Avg. revenue /month$15,858Verified
- Avg. sessions /month89,638Verified
- Avg. profit /month$8,404
- Profit Margin53%
- Avg. sales /month2,884
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsEmail
Personal support after saleNot Included
How to grow this business
I believe there to be a lot of low-hanging fruit with this store. For starters this is a two product store, the straws and a t-shirt. Adding other products in this same niche will get those returning customers. Right now our returning customer rate isn't high whatsoever.
I've also neglected the email list. I've never sent an email to this huge list of customers. Reason being is because I'm not great at writing them to be honest.
Another huge opportunity is using other platforms to advertise. We've made almost all of our sales through our twitter affiliates. We've also made sales from instagram posts from happy customers.
There is a big opportunity to diversify to other platforms such as Facebook. With the amount of data already gathered you'll be able to create strong Look-alike audiences.
Skills to have
I've been able to build this store through my experiences with affiliate marketing and working with a team.
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.