- Avg. revenue /month$590
- Avg. sessions /month1,940
- Avg. profit /month$500
- Inventory value$300
The store has been removed from the internet as of 9/6/18. I want to start by saying I LOVED MY STORE! I am very sorry to have to list it, but I also work a full time job and have developed health issues, and neither are allowing me the time or money the store needs to have devoted to it. I'm also very proud of what I have accomplished so far on a serious learning curve and with my tiny budget. I started with $500.00. I made all the newbie mistakes last year.
I pay for the seo on adwords on a shoestring budget of $2-3 a day, so I have not been able to see the store's full potential, but it's there! The store has started to show a profit since May. It's modest, but it's a start for someone with the time and experience to put into the store. The rest of sales are coming from Pinterest and social buttons. I do feel this store could use a phone # and a dedicated person answering for service and calls. however I currently use a texting service and very rarely receive any. Returns are very rare.
Someone that understands the funnel better than me and can analyze the checkout process to find the drop off will see a big improvement. 550 add to carts so far this year should have more than 136 sales so far. Obviously being able to put more money into the adwords daily will also bring in more sales.
Christmas is huge. Last year I sold 70 gift basket in 4 weeks. This year, I am using a gift basket vendor and expect an even bigger Christmas just from that one item type. The store has 4,000 items currently. I have put in hundreds of hours to adding product and there are a few thousands more to add from my vendors.
I currently have some independent brands on the site that were recently added and with some marketing budget behind them, will do really well. I also am one of the 4 or 5 US stores carrying Canadian brand Perth Soap Co. I have some physical inventory of this and the rest of the items are drop-ship only.
I have relationships in place already for you! Nutrigrill, Livliga, Sunnydaze Decor, Redstreake Creative Living, and Meyda Lighting, to name a few. The store is starting to make profit on a budget of just $3-6 dollars a day. That shows the potential is there! Also, my recent Pinterest board creations have really started to garner followers and organic sales. That one page gets just under 1 million visits a month over the last 3 months and pulls in 350 visits to the site a week, jumping to 1200 a week in May and I'm sure Christmas season will boom too.
I will spend a few hours with you initially to show you around the store and the vendors accounts. I will be available for any other questions you have over the following week or two when I'm not busy with my full time job.
A phone #, more seo budget, and knowing how to make nicer slideshows for the sales. Finding the kicker in checkout that's causing the abandoned carts and updating the checkout cart should double the sales on the current budget.
Literally hundreds of hours designing and adding 4,000 product to the store, maintaining inventory professionally, Facebook page, Pinterest, Twitter.
Traffic and Performance
- Avg. revenue /month$590Verified
- Avg. sessions /month1,940Verified
- Avg. profit /month$500
- Inventory value$300
- Profit Margin30%
- Avg. sales /month30
Other details about profit: Profit is tough to calculate because I was paying off Shopify Funding loans which take a 15% of the sale, and margins are between 25 & 40%, depending on vendor.
- Shopify plan
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Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
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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.
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