Time to run this business:approximately 3 hours per week
Description
General description
This shape wear business started off as a hobby 3 years ago and now although makes much more money, it requires a little more time which I am not able to provide alongside a full time job.
The site has undergone full SEO management and is fully live with social media accounts on instagram and facebook which have a following of almost 12,000.
Through research and trials, we have learnt the best sellers at various times of the year, when to run promotions, sales and marketing offers. Everything has been experienced first hand and adjusted to allow a fully operating smooth running business.
The sale will include the store itself, all social media accounts, domains, supplier lists. Stock and inventory can also be included at cost price.
The business model itself is fairly simple. All inventory is held on site Describe the business model. Do you drop ship or hold the inventory yourself? Buyers want to understand how they can make money from this business.
We have carried out various marketing campaigns and have gathered a great social following using several influential social media influencers to promote our products.
The reason for sale is due to not having the time to promote. The site quite happily runs itself making sales daily with minimal time required, however has great potential to grow with a little more time on marketing.
Why should someone buy this store?
By 2022, the shapewear market is expected to skyrocket to about $5.6 billion in sales. What started as an undergarment has transitioned to a piece for everyday wear. Fashion retailers are also stocking their stores with bodysuits which help create a slimming silhouette. The shapewear niche offers women a variety of different styles than can either be worn under clothing with different cuts or as a top, though shapewear is still popular within the lingerie industry where it first emerged.
How can the future owner improve the business?
What makes this store worth considering is that it offers retailers a lot of versatility: whether you sell lingerie, women’s fashion, or want to add this category on a store for general apparel, you’ll be able to find shapewear in different colors, styles, and sizes to meet the needs of your diverse customer base.
What work have you put into the store?
30 mins per day which is spent mostly on social media. Marketing, putting up new posts, checking pricing strategies and running offers and promotions.
Traffic and Performance
Avg. revenue /month
$2,473
Verified
Avg. sessions /month1,989Verified
Avg. profit /month
$1,200
Inventory value
$16,000
Profit Margin40%
Avg. sales /month50
Other details about profit:Profit margins vary from product to product. There are several profit making products which when targeted and promoted correctly will sell all year round.
Total revenue
$121,177
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
97,462Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
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Take time to inspect the business
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