- Avg. revenue /month$91
- Avg. sessions /month503
- Avg. profit /month$60
Why this business was started
My wife is very knowledgeable in the jewelry space so we wanted to combine her passion with some passive income. We're just in a little over our heads as far as marketing and stuff goes so we're wanting to pass it on to someone who can grow it to the level it deserves.
The reason of selling this business
This business is ready for anyone that wants to start selling immediately. Personally, I don't have the time to continue to grow this business because my current job is very time consuming. Once you have created the ads and matched your target group I know this business could grow exponentially.
What's involved in running this business
- Social media - I post 1-3 times a week on Instagram and FB page. I also post on the store pretty frequently but this only takes a few minutes out of your day.
- I usually run ads for about 2 weeks before i change any of the logistics, this takes about 1-2 hours to set up the ads and then they run without much effort.
- I usually try to add 5 new products a month, which the store is already connected to a very easy supplier with plenty of products to choose from. I add them to the store, create descriptions and then post them. (usually takes about 1-2 hours once a month)
In total this is a very passive income business I would say at most 5-10 hours a month at first and then less than 5 once the store is able to run itself.
Traffic and Performance
- Avg. revenue /month$91Verified
- Avg. sessions /month503Verified
- Avg. profit /month$60
- Profit Margin30%
- Avg. sales /month10
- Shopify plan
- Paid apps
Physical inventoryNot Included
Logo and branding assetsTransferred through a google link after sale
Personal support after saleI will provide 2 weeks of support through email after the sale. Willing to help with setup etc.
Product photosAll product photos will be transferred along with the logo via a link that will be delivered to you after the sale. The files are all standard photo format/pdfs.
Mailing ListNot Included
How to grow this business
The website, social media, and products are all pretty set up. The next steps would be to expand on advertising spend and continue to promote the products on all social media platforms. I didn't expand to tik tok but I think that would also be a great platform to grow on.
Skills to have
Advertising would probably be the most important part of this business.
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.