- Avg. revenue /month$87
- Avg. sessions /month7,182
- Avg. profit /month$70
Why this business was started
This is the key point to this entire sale/store. I purchased this store along with a couple others in July 2019. I did not relaunch this site until the first week of August. So when you look at the profit per month, it is not $73 a month. I have earned almost $400 a month with this store without it being my primary focus. Additionally, the traffic numbers have sky rocketed over that period of time with almost 12,000 total visitors.
The reason of selling this business
As previously mentioned, I have purchased a couple other stores and they have actually become my focus. It was intentional or designed that way. I have just found them to fit more in line with what my strengths are and I feel bad knowing that there is so much opportunity with Sweet Home Living but I am just not fully invested time wise. These traffic numbers are absolutely massive and according to Shopify are "In the top 2% of all stores that launched at the same time."
What's involved in running this business
Obviously, searching and identifying what products to include on the site via dropshipping sites ( I use Oberlo) is going to be the key part. I tried to think a season in advance for each site update or product launch. For instance, right now you'll see that there is an Autumn based collection up on the site, as well as the Holiday collection just launched last week. Being forward thinking with regards to the catalog is very helpful. Outside of that, you will need to set up a Facebook Ads account so that you can run ads on Facebook and Instagram. I don't leverage Pinterest nearly as much as I should for actual "sales" but the advertising platform within it is really easy to set up and manage, and the product catalog is directly connected to it.
Really, once you launch new products or a seasonal line, you just need to create posts, content, and advertisements for them via social media for the weeks following. This is where I just don't have the time to dive into as much as I would like.
Traffic and Performance
- Avg. revenue /month$87Verified
- Avg. sessions /month7,182Verified
- Avg. profit /month$70
- Profit Margin30%
- Avg. sales /month5
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsEither via FTP site or an email with appropriate login credentials and information.
Personal support after saleI am willing to provide support for 4 weeks following the sale or purchase of the store with a focus on the the first week following the sale to help with initial transition of assets.
Product photosThese photos are provided directly from Oberlo and AliExpress. I do not own them, but pull them from their sites.
How to grow this business
My focus would be on working with specific supplier stores to negotiate a way to increase shipping times, or at least provide options. Additionally, I would heavily leverage Pinterest for conversions based on the organic traffic the site receives from that channel. Additionally, I would enter the Amazon Marketplace.
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.