This was a test webshop to see if something like this would be profitable. I didn't have any experience with shopify (I do with webshops), but after research I managed to create a shopify store with all the basics done.
After some ad testing, the store made some sales. No experience with facebook ads, only with Google Ads so this was another thing to learn.
I currently have 2 other companies, so I don't have enough time to keep this running. However I believe that with some time and money, this basic store can be much bigger.
Financials and traffic
Average overall profit margin
Average number of sales/month
Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.
All the basics are done, you only have to tune it to your flavor. With some more time and money spending on ads, this can become a big store.
How can the future owner improve the business?
Improve the facebook & instagram ads
Keep the product list updated regurarly
Improve the instagram audience
What work have you put into the store?
Created instagram with some content and a small audience
Made instagram influencer posts
Setup the facebook ad testing
A professional logo was made by a designer
A good product list was created, descriptions were made and images have been edited
A clean and modern webtheme was setup
Bought samples to create images / video for future marketing
How many hours does it take to run this business per week?
I'm a 21 year old entrepeneur and IT administrator. Currently working within an company that provides courses (as an IT administrator) and got 2 other companies. Love to test other kind of companies, like webshops.