- Avg. revenue /month$65
- Avg. sessions /month519
- Avg. profit /month$1
Why this business was started
We started the OOTN e-com store because our men's streetwear store was growing extremely quickly into 100k plus and wanted to add an additional channel. The secondary market is now growing faster than the primary market and a very lucrative part of the retail industry. Also, with much success in our Men's store, we know Women have a much larger market sector which is appealing. By teaming up with OOTN Mag, allowed to start with a strong foundation.
The reason of selling this business
Now our original men's store store has taken on a VC investment, now requiring our full attention. Without having a shopify plus account it is difficult for our staff to focus on two separate businesses, because multi store is not supported requiring our team to log in to both stores daily or managing a separate team to run the store, which we are not currently wanting to do. Our current marketing efforts, revolve around Men's clothing & footwear, and will require another marketing team to give OOTN the attention it deserves. We would love to pass this store onto a passionate individual to take this store to the next level.
What's involved in running this business
-Uploading new dropship products -Purchasing or monitoring existing auto purchase of drop ship products -Receiving the drop ship product, repacking, and shipping to the customer -Marketing Efforts -Accounting / Tax filing -Managing your own inventory stock, to include on the website (optional)
Traffic and Performance
- Avg. revenue /month$65Verified
- Avg. sessions /month519Verified
- Avg. profit /month$1
- Profit Margin30%
- Avg. sales /month1
- Shopify plan
- Drop Shipping Application License
Physical inventoryNot Included
Logo and branding assetsAll logo, and branding assets will be provided in a google drive folder. Also included, is a full business plan including marketing, opperations, and finance recommendations to help transition into the business smoothly.
Personal support after saleWe will provide a training session on how to use the shopify application to add products, sync to your website, purchase & auto purchase of items. For 90 days after purchase, our team will be available for consultation on all aspects of the business on how to market, run, operate.
Product photosAll product photos that are currently on the website will remain.
Mailing ListNot Included
How to grow this business
Over the next five years,
INVENTORY - Getting the right inventory, at the right time, at the right price online will convert. As new products are released on stockx, you will need to add them via the application. Make sure to get these up on release day, and notify your customers they are available.
Also, expanding into carrying your own inventory to supplement your inventory with other that align with the women's designer category.
SOCIAL MEDIA - Founded in 2014, OOTN has an amazing existing brand that has been dormant. Focusing on social media content to get the audience engaged I believe is top priority. Settup up the Facebook & Instagram shop. Then including paid advertisements, and teaming with influencers to drive traffic to the social & website. With increased traffic to the website, the website is ready to convert at a high rate.
RETARGETING AD'S - Devoting budget to retargeting ad's will target customers that have already been browsing your website.
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.