All prices in USD
  • Avg. revenue /month
    $2,426
  • Avg. sessions /month2,398
  • Avg. profit /month
    $250

Business Story

Why this business was started

I decided to start this business to create a source of income that I could do anywhere in the world and all I would need is a laptop. Also creating an online store that people can find cool products for their home that they wouldn't usually find anywhere else. Creating an online store has been an incredible learning experience and I have learnt a wide arrange of skills which I would not have learnt otherwise. Dropshipping is an amazing concept with the ability to start your own business with a small amount of capital outlay.

The reason of selling this business

I currently have a full time job which I am loving and another project which I want to put more effort into hence selling the store as I no longer have the capacity to take it to where it could go.

What's involved in running this business

Running an online business involves finding new products to sell, creating ads and ad copy for the products, testing these ads on facebook, instagram and google, fulfilling orders, looking after customer emails and continually learning to try and create a better business.

This business was founded: over 1 year ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,426
    Verified
  • Avg. sessions /month2,398Verified
  • Avg. profit /month
    $250
  • Profit Margin15%
  • Avg. sales /month200
Other details about profit: Profit varies from month to month depending on how much money is spent on testing new ad creatives, interests, copy etc but day to day is between $20-$100.
Total revenue
  • $48,528
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 47,977Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $50
      /month
    • Domain
      $14
      /year
    • Facebook
      $1,500
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      I will provide all of the logo and branding assets, this includes a copy righted logo through Tailor brands which I will give the account details and transfer over.
    • Personal support after sale

      I will provide the training videos which I have purchased online and give a full run down of how to run a profitable dropshipping business which includes how to create a great looking website to how to scale facebook ads profitably to reach thousands of dollars in sales each week.
    • Domain

    • Product photos

      The product photos remain on the website as it will include all of the products from the oberlo app which have already been imported onto the site.
    • Social media

      Total followers3,200subscribers
    • Suppliers

      Not Included
    • Mailing List

      1,707subscribers

    Seller‘s Advice

    How to grow this business

    In order to grow the store over the next five years I would aim to hire more virtual assistants who have expertise in Facebook and Google ad words marketing, product research and ad creation. I would also look to have fulfillment services set up with an agent who would source products at a cheaper price, speed up shipping times and create our own packaging.

    Skills to have

    The key skills needed are social media marketing, Google adwords, content creation and copy writing with the most important skill being customer service. Ensuring that your customers are getting the best service possible is the key to having a great brand. This includes replying to customers quickly and replacing products if they turned up damaged or lost.

    Share

    CT
    Charlie T.Current store owner
    I am a 26 year old from New Zealand who stumbled across dropshipping while scrolling through facebook one day. I thought that it was a great concept and decided to give it a go as a side hustle. Dropshipping is a great business model and would highly recommend it to anyone!

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