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  • Avg. Revenue /month
    $5,984USD
  • Avg. Sessions /month6,735
  • Avg. Profit /month
    $2,500USD
Business Story

Why this business was started

I started this business on the side as a means of generating additional passive income each month, using the magic of Shopify and dropshipping. After learning, experimentation, trial and error, the store was able to begin turning over five figures during peak months. I've since used and shared this knowledge with others to generate hundreds of thousands of orders across multiple stores.

The reason of selling this business

This is something of an urgent sale. Smart Daily must now find a new good home due to the demands of my full time business (interstate government contract), which now holds most of my attention, requiring me to travel extensively and sometimes be without steady internet access for 10-20 days at a time. The store cannot operate effectively while I am away for work. I have not yet invested in a system of personal assistants for Smart Daily, although this is something the new business owner could easily do - I am happy to provide instruction and advice on how this can be set up for further business automation and effectiveness. Exchange Marketplace has valued the store at approximately USD $24,950. Due to the urgent nature of the sale, I am pricing the store to sell at USD $5,995.

What's involved in running this business

The store currently has three winning products in the Pet, Fishing and Health niches, which sell to crowds of hungry buyers in the US and UK. Advertising for these products is done via images and videos, mostly on Instagram. There is potential for scalability to other countries at larger budgets for additional profits. Aside from running advertising campaigns through the Facebook platform, daily operations include ordering from suppliers, fulfilling orders, handling customer enquiries and tracking orders. Virtual/personal assistants can be brought on to handle all of these. To grow the store, it's recommended to continually research and bring on new products to test and sell on the store - again, assistants can be used for this task. The store has performed well, even without much use of email marketing (MailChimp) - however, if the new owner decides to invest time and resources in crafting effective email followups for their customers, huge untapped profit opportunities also exist here. As stated below, I spend about 10 to 15 hours per week maintaining Smart Daily. Should you invest more time/effort/resources - there is a lot of potential for this store.
Time to run this business: approximately 15 hours per week
Traffic and Performance
  • Avg. Revenue /month
    $5,984USD
  • Avg. Sessions /month6,735
  • Avg. Profit /month
    $2,500USD
  • Profit Margin35%
  • Avg. Sales /month200
Traffic and Revenue data comes directly from Shopify and can not be edited by the seller.
Total revenue
$35,904USD
Total traffic
40,410Sessions
Expenses
  • Shopify plan
    $79USD
    /month
  • Domain
    $14USD
    /month
  • MailChimp and Paid Apps
    $59USD
    /month
  • The Shopify plan can be downgraded to $29 if needed. Consider hiring virtual assistants for added effectiveness and profitability.
    $29USD
    /month
Sale Includes
  • Physical inventory

    Not Included

  • Logo and branding assets

    Packaged via ZIP file and sent to new owner. Digital assets signed over via contract. Includes customized high-converting store theme.

  • Social media accounts

  • Personal support after sale

    With the time I have available, I will provide advice and instruction on how to best run the store going forward, including daily operations, advertising, product research and the possibility of further automation and profitability using virtual/personal assistants.

  • Domain

  • Product photos

    All the rights to existing images and photos on the website will be signed over to the new owner.

Social Media

    Mailing list850subscribers
    Social followers700subscribers
    Seller‘s Advice

    How to grow this business

    Increase the scale of advertising campaigns of winning products to further increase revenue and profits. Hire a team of virtual assistants to take on order fulfilment responsibilities. Optimize site SEO for organic search results and sales. Tap into the existing email marketing database to further drive profits. Grow and harness social media accounts for further engagement.

    Skills to have

    A basic understanding of the Shopify system is necessary. Fundamental knowledge of FB advertising, dropshopping and business basics, as well as the desire to invest and grow a business to further success of course!
    AL

    Andrew L.

    Running this business for 6 months
    Digital marketing specialist with over 10 years experience. I have worked with companies including Pepsi, Warner Bros. and Canon to deliver successful multimedia ad campaigns across the US and Australasia.
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