• Avg. Revenue /month
    $27,472USD
  • Avg. Sessions /month24,440
  • Avg. Profit /month
    $6,366USD

Description

General description

SnoreLess is a thriving ecommerce business that sells a pocket-sized anti-snoring solution that helps provide people with the amazing sleep they deserve. Within only two months of being in full-time business, we've generated over $60K in sales and just under 2000 orders.

In a short period of time, we have built & designed an astonishing online dropshipping business that is on track to generate multiple 6-figures on a yearly basis (if not more, when accounting for potential growth).

Please refer to the product description on our website to read up more about how our flagship anti-snoring device works to alleviate people of snoring. In addition, if you are interested in buying this business, please feel free to reach out to me at any time with any questions and/or negotiations.

Why should someone buy this store?

This store, unlike many other dropshipping businesses, fosters consistent sales day in, day out as we allocate majority of our advertisement budget to Facebook Ads. Such consistency is pertinent when making a long-term investment.

Furthermore, this business has a lot of room for growth, yet at the same time is already established as a profitable online business with a large customer base. With just over 2000 orders, the future owner of this store can easily leverage such pixel data to create extremely profitable lookalike audiences and re-target those who have yet to complete a purchase.

Although, we've recently experienced a dip in sales (being that we were forced to terminate one of our main FB marketing campaigns), we have a multitude of advertisements ready to be tested, scaled up, and shown to millions of potential customers (as you are reading this, we are currently exceeding our advertising budget to test and scale up such campaigns so that they will be fully set up, automated,and scaled back up to $1500 a day, if not more, for you, the future owner). Furthermore, we have acquired a large amount of valuable FB Pixel data to utilize to our benefit. The future owner of this website can use such data to scale campaigns and recover lost sales.

Lastly, this product, an anti-snoring device, is neither a trend or seasonal item. Thus, this store can continue to run for a long period of time, unlike other dropshipping businesses. Moreover, this product solves a problem - snoring - and will continue to be in demand for however long snoring continues to affect one's sleep. In addition, with Q4 right around the corner, the future owner of this store can truly capitalize off of this ecommerce opportunity.

How can the future owner improve the business?

In order to further improve this store, I would advise the future owner to do the following:

Set up Virtual Assistants for both email/FB Messenger customer service and order fulfillment. At the moment, I handle both customer service and order fulfillment on my own, but the future owner may want to outsource such responsibilities in order to save some time. If requested, I'd be more than willing to set up such automated systems, but just note that you, the future owner, will still need to educate/train them if am unfamiliar question/situation occurs.

Secondly, I would suggest that the future owner continues to scale up the 8 new FB marketing campaigns that I've recently set up. There is potential in them to help scale this store to over 2/3K a day. Furthermore, I would advise the future owner, to generate more content with this particular product so that he/she could add to the site design and/or run additional marketing campaigns with such content. Additionally, I have yet to run any re-targeting campaigns on FB, so being that this store has amassed a lot of pixel data, I would highly advise the future owner to do so, as there is so much potential in converting previous visitors into customers.

Finally, I also see room for growth in potentially up-selling this product, so that a customer is enticed into buying more than one or is enticed into buying accessories that could accompany it.

What work have you put into the store?

As the current owner and creator of this store, I've completely designed this store from the ground up, created both high quality videos & images that add value to the "SnoreLess" brand, and have sourced a reliable supplier who will ship out orders within a 48 hour time period.

Furthermore, I've seamlessly integrated top-notch software/"apps" (please reference the list of software/apps below to get a better understanding of what I use to increase my store's overall conversion rate and sense of professionalism) to enhance a visitor's probability of completing a purchase.

In addition, I've completely set-up an abandoned cart back-end system, in which a customer who abandons his/her cart can get re-targeted by email strings and Facebook Messenger notifications. Both funnels help to convert visitors into a customers.

Additionally, I've grown this store's email list to over 2300 individuals and have built out an email sign-up marketing campaign on Mailchimp that has generated over $2250 in additional sales in the past 30 days.

Moreover, I've acquired marketing material to run as Facebook Advertisements and have been running such material in successful campaigns for the past 60 days. Thus, resulting in a large sum of highly valuable FB Pixel Data.

Time to run this business: approximately 18 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $27,472USD
    Verified
  • Avg. Sessions /month24,440Verified
  • Avg. Profit /month
    $6,366USD
  • Profit Margin22%
  • Avg. Sales /month954

Other details about profit:Please note, the above stated profit and the expenses shown below reflect the average growth of our business throughout the months of August and September 2018. This store was only launched 5 months ago at the end of May 2018. For the first two months (from May - June 2018), I spent time building/designing this store from scratch, sourcing out a reliable supplier, and devising a marketing plan. For the month of July 2018, I put this marketing plan into place and started to scale up my Facebook Advertisements. This store only truly began to live up to its potential come August of 2018, where it generated $34,661 in revenue in just a single month alone with 27% profit margins (see below for an explained brake-down of this store's profit margins). As we progressed into September 2018, we had a solid first week of sales where we generated just about $10,000 in sales; however, during the second week of September our main marketing campaign began to not perform as well and we had to shut it down. In doing so, our sales took a significant dip. At this time, we immediately invested a lot of money into testing 8 different advertising campaigns so that we could get our sales back to over $1500 per day and solidify the long-term nature of our store. In doing so, for a period of about 18 days we were just slightly profitable as we were reinvesting all of our profits back into our store. Nevertheless, the last couple days of September fostered some profitability and a lot of potential growth. As we entered October 2018, we've scaled our store back to over $1000/day (as of October 3rd) with 4 campaigns, all of which have room for growth. Within the first week of October alone, we plan on scaling our store to a consistent $2000/day in sales, with 27-33% profit margins. For more information, please feel free to reach out to us at any time. Also, make note that the Shopify Exchange has averaged in the analytics for the three initial months that we were setting up our store and advertising campaigns; thus, the averages shown below are not necessarily an accurate representation of the potential this website holds. Hence, here are our averages for August and September 2018: Average Revenue per month: $29,691.74 ; Average Ad Spend per month: $17,872.43 ; Average Cost of Product per month: $5,453 ; Average Profit per month: $6,366.05 per month. Note these are averages that reflect results from both the months of August 2018 and September 2018. Lastly, in the first three days of October alone, we've generated $3K in sales with 32% profit margins. For more information, please feel free to reach out to us at any time.

Total revenue
$192,304USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
171,086Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $29USD
    /month
  • Domain
    $1.17USD
    /month
  • Mailchimp, McAfee Secure, Shop Message, Coin, Hurrify, Add to Cart Booster PRO
    $96USD
    /month
  • Facebook
    $8,065USD
    /month
  • Wondershare Filmora, Canva, Buffer by Palo
    $0USD
    /month

Sale Includes

  • Physical inventory

    Not Included

  • Logo and branding assets

    The rights to both the "SnoreLess" logo and brand will be transferred to the future owner.

  • Personal support after sale

    I will be willing to help the future owner get used to the marketing strategy I use to advertise on Facebook for a week (7 days) after the sale. I will also be willing to give the future owner a run-through of all of the systems in place on my store, such as order fulfillment, custom support, and returns for a period of 24 hours after the sale of this store.

  • Domain

  • Product photos

    All product photos and the rights to such photos will be transferred over to the future owner.

  • Suppliers

    Not Included

  • Mailing list
    2,600subscribers
  • Social Media
    Total followers232subscribers

Seller‘s Advice

How to grow this business

Over the next five years, I would do the following to grow this business:

I would white label this snoring device and design unique packaging for such device to add value to the SnoreLess Brand.

Furthermore, I would continue to outsource content production to create more content around our anti-snoring device to increase brand awareness and reach untapped audiences.

Lastly, I would grow the social media accounts of this store on both Facebook, YouTube, and Instagram in order to further increase the reach of this brand.

Skills to have

The future owner of this store should have experience with both Shopify Dropshipping and Facebook Advertising (or another form of marketing). This store not only requires experience to maintain, but also to grow, scale, and initiate future marketing campaigns. Knowledge of operating a Shopify store and utilizing social media marketing (especially on Facebook) are skills required to successfully run this business.

Furthermore, a background in ecommerce would also be useful, as one would better be able to communicate with customers and make intelligent growth decisions (such as outsourcing labor to Virtual Assistants).

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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.

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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.

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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.

CB
Chris B.Running this business for 7 months
As an seasoned dropshipper and business owner, I strive to leverage my ecommerce experience in order to set-up long term profitable Shopify stores and scale up such stores to over 4 figures a day, consistently, in a relatively short period of time.

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