I wanted to explore the potential of an eCommerce business and use it to test the opportunity for growth and products to be used in my other business. Operating an online only store gives you a great insight into emerging product trends, marketing opportunities and that information can be used across other businesses and industries. I have used a paid theme and have plugin apps to support the operations.
The reason of selling this business
The skills and knowledge that I have acquired whilst running this store has allowed me to use these skills in my main business and I can't dedicate the time necessary to take Tec Gear to the next level. The groundwork is done it just needs the right person to maximize the potential. The store is currently a broad mix of home and outdoor technology products that can be used as a base if you wanted to focus on a particular niche.
What's involved in running this business
This is an true online drop ship model so researching trends and sourcing product is a must. Generating customer feedback and valuable E-mail marketing, Facebook ads re-targeting, following up with the customer about their order status and providing accurate shipping times.
This business was founded:10 months ago
Time to run this business:approximately 8 hours per week
Traffic and Performance
Avg. revenue /month
$1,784
Verified
Avg. sessions /month416Verified
Avg. profit /month
$1,300
Profit Margin12%
Avg. sales /month24
Other details about profit:Whilst we do list some of our products on online marketplaces in Australia all sales are still put through Shopify. The average monthly revenue across all channels averages to be $10k.
Total revenue
$17,838
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
4,167Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$10
/year
Paid Apps
$26
/month
Facebook
$100
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
All assets including Logo's in multiple formats, product images etc. are included.
Personal support after sale
We can provide 30 days of email and messaging support to ensure a smooth transition and to help you understand the business. All assets are included as well as supplier details.
Domain
Product photos
Some product images are available for download from a Dropbox link.
Social media
Total followers18subscribers
Suppliers
I use 1 main supplier in Australia that will drop ship DJI products as well as other Tech products. I will help facilitate the transfer of supply.
Mailing List
Not Included
Seller‘s Advice
How to grow this business
Whilst this business was initially started and has generated the current sales in the Australian market now is the time for this store to start selling worldwide. With suppliers based in China, Australia and the US it is now possible to focus on the expansion.
Skills to have
The hard work is done now is the time for a new owner to focus on growth and keeping ahead of the curve with emerging products.
Share
TG
Tec G.Current store owner
In recent months we have been able to obtain access to numerous brand name tech products. The main driver in revenue is now selling DJI drones, these are drop shipped from an authorised supplier in Australia for us.
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.
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