- Avg. revenue /month$7,995
- Avg. sessions /month12,701
- Avg. profit /month$5,193
Why this business was started
I just wanted to earn some money. I started this store after 10 failed stores previously. I was still a student and I set aside all my free time to master design skills (Photoshop, Illustrator, Premiere Pro), copywriting and paid traffic advertising so that I could stand out from my competitors.
I wanted to make a good source of side income and this business helped me to do so. I still generate 2-3k in monthly revenue purely on organic traffic (no paid advertising).
The reason of selling this business
I am now working a full time job and I have no time to expand the business. I only log in every few days to fulfil all pending orders. I want to climb in my career as I love what I do and want to pursue further opportunities there. I also have personal reasons which I unfortunately have to attend to, which allows me very little time to run this store.
What's involved in running this business
Understanding of Facebook ads. Maintaining excellent customer relationship by handling all customer issues. Fulfilling individual and bulk orders are automatic via DSers.
Creating new, custom products are also possible and would be my next plan as we have a very solid relationship with the supplier who is also the manufacturer.
Traffic and Performance
- Avg. revenue /month$7,995Verified
- Avg. sessions /month12,701Verified
- Avg. profit /month$5,193
- Profit Margin62%
- Avg. sales /month30
- Shopify plan
- Email, Review apps, Live chat apps, SMS chats
- Photoshop or Canva (free)
Physical inventoryNot Included
Logo and branding assetsShared Google Drive folder
Personal support after saleI will provide all support and training needed to maintain the website and I will assist with any issues with the supplier if need be as I have a good relationship with them. All of this will last for one month through online calls.
Product photosShared Google Drive folder of every single product with background removed
SuppliersSupplier is the main producer for almost all the products within my store. The supplier ships all orders with expedited shipping (YunExpress) and all packages are branded with the store logo.
How to grow this business
My main demographic are Asian-Americans. This demographic was removed as a targeting option through Facebook ads after my store started gaining traction. Thus, my customer database is extremely valuable and highly sought after toward businesses intending to target this demographic.
I would absolutely focus on email marketing. My current email list has more than 12000 emails, all of which are authentic and from visitors on my website. The email list is extremely valuable - almost 80% are solely from the Asian-American demographic. I ran Facebook ads targeting this specific demographic right before Facebook took it down.
I would test more products and run more advertisements while at the same time growing my organic following. The store currently has 5k followers in Instagram as I partnered with many influencers and student societies from various Universities.
Skills to have
Understanding the customer persona. Mostly young adults who love the latest viral toys. Design skills (Photoshop/Canva) to design the website and ad creatives Copywriting skills (jovial tone) to be able to target the desired customer persona with the product Facebook Ads Influencer Marketing
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.