- Avg. revenue /month$5,318
- Avg. sessions /month7,655
- Avg. profit /month$1,301
Business Story
Why this business was started
I started Slovin Store 2 years ago with the intention of building a brand around Protective Devices and with the mission of offering the best products to professionals who need protection
My goal was to help Professionals in Need of Protection I strongly believe there is untapped potential for the store to capture a huge market There are many professionals that we have not yet reached. Our return rate is remarkably good over the full year we have around 7.95% . Although each month is different, our month-to-month rate of return is usually less than 1%
The reason of selling this business
I am selling this business because I am changing the business model to the digital world, I am a computer programmer and I want to dedicate myself to the digital world as a coach
What's involved in running this business
holds 5 suppliers for DI products other products are in dropshiping model
mostly you need to run and manage google ads. reply to customer messages run some email marketing campaigns would be an additional task to further increase the revenue of this store.
Traffic and Performance
- Avg. revenue /month$5,318
Verified
- Avg. sessions /month7,655
Verified
- Avg. profit /month$1,301
- Profit Margin25%
- Avg. sales /month86
Expenses
- Shopify plan
- $29/month
- Domain
- $14/year
- app
- $451/month
- Google Ads
- $200/month
Sale Includes
Physical inventory
Not IncludedLogo and branding assets
all of the images are available on the store currentlyPersonal support after sale
1 week personal support for all questions and relations that you may have. Will answer all the questionsDomain
Product photos
All the product photos are available on the store already.Social media
Not IncludedSuppliers
we will inform you of our suppliers and where to get the productsMailing List
2,367subscribers
Seller‘s Advice
How to grow this business
This store has a lot of potential to grow even further. we have acquired many clients already and the customer return rate is pretty high for the industry standard. Our main strength is in customer service and in the products. the products are needed again and again so a lot of the customers return. 7.95% customer return rate. Growing the store trough eMail marketing and also increasing the google-ads budget. Currently the ad-budget is pretty low because we have a lot of customers trough organic traffic.
2022 Guidelines: For fiscal year 2022, I expect to earn $ 20,000 to $ 30,000 in net sales. In addition, the projected net profit each month will be between $ 1,000 and $ 3,000 +. Each month will be different, but I expect the average to be around $ 2,000 + per month. This sales hypothesis is based on little or no paid advertising and mainly on sales derived from organic reach and from our affiliates.
Further increase the organic ranking by adding blogs on a weekly or monthly base to increase the SEO-ranking of this store.
Skills to have
The skills needed for this store is to have knowledge of Google Ads. This products are not able to be advertised on Facebook, so you need to know google ads. We don't spend a high budget on google ads because it's not really necessary. SEO could be done too by adding blogs and getting more backlinks of trusted sites to rank the website even higher. Customer service is also a skill that is needed to run this store. Which means mostly replying to emails from our customers.
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