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$9,900 USD

Suede & Velvet

suedeandvelvet.com

Appears in Fashion and apparel , New York, United States, Medium Business, Business and Franchises under $10,000, Dropshipping, Home Business for sale, Lifestyle, Oberlo stores for sale, Highly Profitable businesses

General description

Dropshipping store in the Jewelry/Accessories space, with a 7% conversion rate (the average is 1.77%!). Our shop stands out with its beautiful product imagery and website design, and does not look like your typical dropshipping store. We've done most of the work for you, and its has the potential to be anything you want it to be.

With more marketing, this store could easily make $20,000 per month or more. The store has a winning product that continues to get sales. All products were carefully curated and are low cost and high margin. No inventory, high margins, and low costs make this one a winner!

Can be run by one person - I did it by myself while running 3 other stores!

Financials and traffic

This is a very new store - I promoted it for about a month then focused my efforts elsewhere. Still lots of untapped potential!

Average profit/month

$10,000 USD

Average overall profit margin

70%

Average number of sales/month

600

Average Monthly revenue

$6,618.27 USD

Average Monthly traffic

4,799 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Your main costs will be advertising and product costs. For ads, I spent about 3-4k in total, all on instagram influencers. Product costs, depending on item, ranges from 15-30% of total revenue. You can easily decrease this percentage by raising prices. For subscription costs, $79 for oberlo and about $20-$30 for other apps like Quantity Breaks, Hurrify, etc. This obviously depends on what apps you decide to use! I can also supply you with a list of influencers / ads and ad copy.

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$100.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$3,000.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Mailing list

0 subscribers

Social media followers

0 people

Q & A

Why should someone buy this store?

This is a fully built out store in a hot niche, with a great track record and winning products! Very very low return rate - 3 out of over 1000 orders.

How can the future owner improve the business?

Lots more advertising! I got a great return from advertising with Instagram influencers, and you can exponentially replicate the results with instagram or facebook.

What work have you put into the store?

Built and customized theme, created images and products, descriptions, etc.

How many hours does it take to run this business per week?

10 hours

$9,900 USD

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