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$2,500 USD

The Gadget Land

thegadgetlandshop.com

Appears in Electronics and gadgets , Medium Business, Dropshipping, Home Business for sale, Lifestyle, Oberlo stores for sale, Business and Franchises under $5,000

General description

This is a general store i created with shopify more than 3 months ago. I want to sell it because i'm entering a master degree so i won't have time to manage it and i will use the money i made with the store in another project. I have been using fb ads mainly because i already have experience with fb ads. However, you can also use Instagram influencers to promote the products. In fact, there are a lot of product who could work well on instagram since they are attached to passionate niches. I offer personal help with fb ads at the beginning if necessary. You need to have at least $500 to keep testing products and/or scale current potential winners. Since this is a general store, you can test a lot of different products from different niches. You don't have to limit yourself to certain types of products. Also, it is good to know that if you want to enter the e-commerce world, dropshipping is a great way to do it. I spent a LOT of time making this store look legit and trustworthy. With this store you will save yourself a LOT of time creating a good looking website.

Financials and traffic

Profit margins are low because i tested a LOT of products. You don't need to do so.

Average profit/month

$370 USD

Average overall profit margin

8%

Average number of sales/month

140

Average Monthly revenue

$3,638.26 USD

Average Monthly traffic

6,505 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

Fb ads can vary depending on how much you want to scale/test. That's an average.

Suscription costs -> App costs

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$25.00/month

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

$3,000.00/month

Domain

$0.00/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

Instagram

thegadgetlandshop

Mailing list

75 subscribers

Social media followers

270 people

Q & A

Why should someone buy this store?

If you are motivated about the e-commerce world then this is a great opportunity since Dropshipping is a wonderful business model. You won't need to spend countless hours making a good looking website, adding products with perfect descriptions and choosing the right apps (all of this really takes time, specially the products). It is important to know that the shopify store is optimized to increase the conversion rate. I also offer personal help at the beginning with facebook ads if necessary. Since the store has already 400+ sales you can easily create LLA audiences.

How can the future owner improve the business?

You can improve the store by simply testing products and finding winners. The website has already a pretty nice layout and design so you don't have to worry about that. Also, it is important that you have some type of passion and or motivation when it comes to ecommerce and/or dropshipping because this is a dropshipping-based website.

What work have you put into the store?

I've put countless hours making a good looking website with a perfect layout and perfect product descriptions. I also spent a lot of time doing product research and testing a lot of products so i have a pretty good idea of what sells well. I also added personal scripts to the store to increase the average order value as well as the conversion rate.

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

7 hours

$2,500 USD

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