- Avg. revenue /month$40,550
- Avg. sessions /month41,435
- Avg. profit /month$8,428
Why this business was started
I started this business out of a passion for Star Wars. I noticed that there were almost 0 to none lightsaber sellers active and all the sellers that were active were selling the lightsabers for a crazy price. The prices that they charged are more than 4 times the prices that we charge. So you could say I saw a gap in the Star Wars niche and decided to fill it. It started out as something I was really passionate about and wanted to make a business out of but has now grown into a potential market leading business.
The reason of selling this business
I am relatively new to the e-commerce space and not that good at marketing and running a business yet. I know this business has a very high potential of becoming the market leader as its one of the first lightsaber resellers at this price point with the fast shipping and great customer service using influencer marketing (which no other lightsaber reseller is using at the moment). But I also realise that this business won't reach that potential if I run it unfortunately. I believe that if someone who had more experience and who is better at running a business than me would run this business it would live up to its potential and become the market leader.
What's involved in running this business
Involved in running this business is, taking care of customer service by answering the inquiries provide by Mina who does all the customer service for this business. Also running ads on social media (facebook & instagram) and keeping in touch with our current influencers and finding new ones. Obviously order fulfilment is also part of this business.
Traffic and Performance
- Avg. revenue /month$40,550Verified
- Avg. sessions /month41,435Verified
- Avg. profit /month$8,428
- Profit Margin33%
- Avg. sales /month266
- Shopify plan
- Marketing app, currency converter apps, Loox reviews & Oberlo
- Facebook and Instagram
Physical inventoryNot Included
Logo and branding assetsAre in the shop already and can be transferred by e-mail or google dropbox.
Personal support after saleI will help complete any chargebacks or returns opened 3 weeks after the sale of this store.
Product photosAre in the shop already and can be transferred by e-mail or google dropbox.
SuppliersWe have been working with this supplier for almost 3 months now. We have a very strong position in terms of negotiating prices etc. because we have placed over 900 orders with this supplier. This supplier also offer 1-5 day fedex shipping in the US. and 7-15 days outside the US for free.
How to grow this business
This store is active in the "Star Wars" and has a lot of potential in the next 1-3 years due to the rising interest in Star Wars and all the films and series coming out in 2021,2022 and beyond. The Star Wars fan base is one of the most passionate fan bases in the world and this business is in the top 5 lightsaber sellers in the world. I would suggest keeping this business very active amongst influencers to keep as many fans engaged in the business. I focused very heavily on getting influencer on board with this business. I have managed to get one of the biggest Star Wars influencers attached to the business with around 1.2 million influencers over instagram and TikTok. I would suggest keeping the current influencers active and try to get as many influencers attached to the business in the future. This business has a very happy customer base because of its fast shipping times in the us (1-5 days with fedex) and great customer service done by our customer service assistant Mina. I would suggest keeping the current supplier as we have a great relationship with them and keeping Mina as the customer service assistant to keep all the customers happy.
Skills to have
There are no specific skills involved in running this business apart from the obvious ones like Social Media marketing on Facebook TikTok and Instagram, customer service, and running a 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.