All prices in USD
$69
  • Avg. revenue /month
    $77
  • Avg. sessions /month407
  • Avg. profit /month
    $1

Business Story

Why this business was started

I decided to open this store because I had the desire to renew this sector. I found this product that proved to be a winner and I therefore decided to open this single product store

The reason of selling this business

I decided to sell this store due to lack of time due to my various jobs in the online business

What's involved in running this business

Running a business like this involves few risks but great responsibility. We must be responsible for giving honest answers to every single customer. Managing this store involves some things: First you will have to take care of order management, so when you receive an order you will have to turn it to your supplier (for example Aliexpress), once the order has been placed to the supplier, it will be your care to evade each order individually. You will also have to manage customer service, the Tidio app has been downloaded on this store, which allows you to have a direct contact with your customers. It will also be your care to respond to every e-mail you receive from your customers. On this site there is a "Track Order" page necessary for the customer to be updated on the status of the shipment of your order. Managing this store involves creating a Facebook page, to be used in case you want to sponsor your website through Facebook ADS. No one's help was not necessary to manage this store, I always worked alone.

This business was founded: 4 months ago
Time to run this business: approximately 30 hours per week

Traffic and Performance

  • Avg. revenue /month
    $77
    Verified
  • Avg. sessions /month407Verified
  • Avg. profit /month
    $1
  • Profit Margin10%
  • Avg. sales /month7
Other details about profit: The store has been opened for a short time, this means that I have not had time to optimize advertising campaigns in such a way as to have a profit. The cost of the product is around $ 25, the purchase price is $ 49.99 (it must be increased to $ 59.99). For Facebook ADS I spent around $ 100 a day, for a total of around $ 400 (because the store was sponsored only in the testing phase of the advertising campaign, 4 days). Due to the low sales price and the lack of optimization of the advertising campaign, I found a low margin and therefore I didn't have a profit. If I had to buy this store, I suggest you increase the price and optimize your advertising campaigns on Facebook. The low number of orders is due to the fact that the store was sponsored for only 4 days.
Total revenue
  • $310
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,628Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • App Coin by ShopPad for Currency Exchange ($ 4.99). Tidio's live chat app has an optional cost of $ 18.99
      $23
      /month
    • Facebook Ads (considering an expense of about $ 100/day, the cost of facebook ads may vary depending on the strategies used)
      $3,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All branding assets relating to the store will be sent by email.
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      All the photos relating to the store will be sent by email.
    • Social media

      Total followers4,000subscribers
    • Suppliers

      Not Included
    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    To grow this store there is a need to lead the customer throughout his purchase process. It is necessary to be able to attract the customer to impulsive purchase. communication is the key to becoming rich with this store

    Skills to have

    The only skill necessary to be able to grow this store is the ability to know how to communicate (through instagram page, facebook, influencer marketing, ...)

    Share

    RL
    Riccardo L.Current store owner

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