- Avg. revenue /month$961
- Avg. sessions /month1,037
- Avg. profit /month$850
Why this business was started
I was living in Bali, Indonesia and built relationships with local suppliers for what is now an extremely popular wicker bag. I noticed no one was selling these bags in the US, so decided to create LIVN to fill that gap in the market. I knew this product would crush it during summer, so I decided to setup the drop shipping infrastructure to support the inevitable trend.
The reason of selling this business
I am not passionate about women's hand bags. I got into it to take advantage of a trend over the summer last year, and since then have gotten involved with other projects that truly interest me.
What's involved in running this business
Communicating with supplier in Bali when you want to launch a new product they have on hand, posting to instagram, engaging with influencers, running ads
Traffic and Performance
- Avg. revenue /month$961Verified
- Avg. sessions /month1,037Verified
- Avg. profit /month$850
- Profit Margin10%
- Avg. sales /month65
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsYour preference
Personal support after sale1 month of personal support / fully transition you into the business so that you are comfortable moving forward. I will teach you -Influencer management -Facebook Ads -Supplier relationships -General support
Product photosYour preference
How to grow this business
I would go heavy with instagram content to continue building the brand. You have a huge competitive advantage to acquire customers with this hot product, because you don't need to reach out to influencers, the influencers will reach out to you because they all want the product so badly. Most brand have to spend countless hours & lots of money to get influencer deals...not with shop livn. They all just want the product for free and are more than willing to post about it for the product. Focus on this with complimentary face book ads campaigns and you'll be able to grow the brand succesfully
Skills to have
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.