- Avg. revenue /month$5,884
- Avg. sessions /month7,728
- Avg. profit /month$1,648
Why this business was started
I am very entrepreneurial and love learning new skills, so learning how to set up and run a Shopify e-commerce store was on my bucket list. Also, with the pandemic and more people learning how to shop online, I knew the e-commerce trend was on the rise. I also wanted some extra money to help with the expenses of everyday life!
The reason of selling this business
I have recently become more involved in my full-time job, as well as another side hustle that's taking up a lot of my time (and I'm a mom of two young girls!). I would like to focus on those things instead. I paused all ads in mid-January in order to focus my attention on those things, which is why my sales have dropped since then, but all it would take is to turn them back on to get my sales going again. Will entertain all serious offers!
What's involved in running this business
It depends whether you'll do all of the work yourself or will hire a VA or someone to help. These are the primary activities:
--Run Google ads --Place orders with vendors (dropship orders) --Answer customer emails/questions (customer service)
Traffic and Performance
- Avg. revenue /month$5,884Verified
- Avg. sessions /month7,728Verified
- Avg. profit /month$1,648
- Profit Margin24%
- Avg. sales /month165
- Shopify plan
- Loox, Klaviyo, Wheelio, Neat A/B Testing
- Product & shipping
Physical inventoryNot Included
Logo and branding assetsLogo files; will email them or send via Dropbox
Personal support after saleWill answer any questions via phone calls for one month following sale and any email questions for six months following sale. For any chargebacks or refund requests received from my purchases following the sale, I will cover the costs of the chargebacks and refunds by sending funds (via Venmo or any other secure source) to the buyer.
Product photosWill remain in the Shopify store
SuppliersI will provide my supplier contacts/product sourcing apps during the inspection period of the sale. These are the relationships you will use to place orders, allowing you to not have to invest in any inventory.
How to grow this business
I identified two really high-growth products that work well with a dropship model, which works great from a profit perspective. I would definitely invest in more ads to drive traffic to my site for these 2 products in order to maximize profit.
Skills to have
Would be useful if you know how to run Google shopping ads or could learn how (or hire someone to do it!). I will provide all details and images for the ads and will help you get them up and running, as well as training you on how to optimize the ads over time.
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.