- Avg. revenue /month$8
- Avg. sessions /month25
- Avg. profit /month$100
Why this business was started
While doing my research for winning products, I found the posture corrector. It's an amazing product and it blew up recently on social media. If you can get a small piece of this craze, you can make 6 figs off of this product alone.
After seeing this potential I started running ads to it, and immediately saw great potential (2% conversion rate).
The reason of selling this business
I'm too busy with running other businesses, and I simply enjoy building dropshipping stores from 0 and selling them after proving their concept. I would say digital marketing is my weakest point in making it work, so if you have experience & knowledge with FB Ads, the store will run a lot more profitably compared to my results.
What's involved in running this business
Traffic generation - create & monitor paid traffic in Facebook ads manager. Order fulfillment - using a fulfillment app similar to Oberlo to automatically fulfill the orders (same process as Oberlo) There is no need to do any product/market research, as I have done it before when writing the product description and the site itself. To make the business run the best way possible you will need to do the following - 1) Set up email marketing campaigns (not cart abandonment, I wrote those). 2) Create ad campaigns on Facebook and potentially other platforms. 3) Increase AOV - introduce upsells to customers, add related product to the store, run promotions to the email list, etc.
The base of the business is built, the website & product are solid, they only need good marketing campaigns and improving the backend. Do this and the store will take off.
Traffic and Performance
- Avg. revenue /month$8Verified
- Avg. sessions /month25Verified
- Avg. profit /month$100
- Profit Margin90%
- Avg. sales /month7
- Shopify plan
- Paid apps
- Facebook ads (what I spent so far)
Physical inventoryNot Included
Logo and branding assetsAll files related to the store will be transferred via Dropbox after the purchase.
Personal support after saleNot Included
Product photosAll files related to the store will be transferred via Dropbox after the purchase.
Social mediaNot Included
Mailing ListNot Included
How to grow this business
Focus on custom content in marketing - if you make watermarked custom creatives, the store will start to get a serious number of purchases, and eventually grow into a brand where you can upsell related products aswell.
Build social media presence - the store is entirely branded with its name, SlouchMuch, if you can use this opportunity to build social media profiles around it, you would generate a lot of brand awareness and organic sales. I haven't done this part at all so you have a huge room of improvement.
Skills to have
Digital marketing - FB Ads, Adwords. The store is already selling at a very good conversion rate, so you only need to send quality traffic and nothing else (other than order fulfillment of course).
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.