I found the product on Zendrop and figured I’d try starting up a store for it. I only used Facebook ads and it worked pretty well so far. The product has shown to scale really well and the only problems I've had with it so far was the shipping delays due to the Coronavirus outbreak however the customers seemed to be pretty understanding. OPEN TO ANY OFFERS
The reason of selling this business
I got to 100 orders and was about to start LAA’s but my Facebook ad account was disabled since I switched cards and my payment method was declined. I don’t want to go through the hassle of trying to start a new account and everything so I’m just selling the business. The store also got a 25% 90 day hold put on it due to potential for long shipping times however this product ships in 5-7 days so that isn't a problem. Also if you go through a different payment processor the hold wont matter.
What's involved in running this business
Running ads and customer service. Zendrop has automatic fulfillment which helps a ton!
This business was founded:about 1 month ago
Time to run this business:approximately 7 hours per week
Traffic and Performance
Avg. revenue /month
$4,319
Verified
Avg. sessions /month3,537Verified
Avg. profit /month
$1,228
Profit Margin30%
Avg. sales /month100
Other details about profit:Profit cost is around $13 and sells for about $30 so pretty good margins. Also people were paying like $15 shipping before I changed it to free so it has the potential to be priced a lot more and still get sales. I also factored out the three domain fees from the monthly profit however these fees aren't applicable to this business I just registered those domains since I used this store to test 2 other products before I tested the Glass Fixing Kit. Also I didn't add the other 2 domains in the "domain costs" since I just paid for this year with them and they don't need to be renewed next year since this store doesn't need them.
Total revenue
$4,319
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
3,537Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$14
/year
Zendrop
$50
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
Email
Personal support after sale
Not Included
Domain
Product photos
Email
Social media
Total followers48subscribers
Suppliers
Not Included
Mailing List
Not Included
Seller‘s Advice
How to grow this business
Grow it into a brand. If you have skills with running ads, marketing and drop shipping then it should be easy for you to scale this business. I would just continue to grow it through scaling Facebook ads
Skills to have
Marketing, drop shipping and running ads are all skills the new owner should have.
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