All prices in USD

THEBLUESPEC™ - Blue Light Glasses

thebluespec.com
$300
  • Avg. revenue /month
    $14
  • Avg. sessions /month150
  • Avg. profit /month
    $13

Business Story

Why this business was started

I decided to start this business because the product is so simple, margins are high, and the product has much room for expansion. I wanted to grow this business to 7 figures but noticed i, being a student, did not have the financial capability at the current moment to support the business.

The reason of selling this business

I have decided to sell the business because, despite it being a growing and soon to be very valuable asset, it simply requires more budget to accommodate for testing and growing, and i simply cannot afford to do that at this moment.

What's involved in running this business

Fulfulling orders, ensuring tracking codes are updated (easy) working on facebook ads, and google ads (have not yet done google ads) updating creatives (or using viralecomadz to do this if you have the budget) answering emails if any.

This business was founded: 7 months ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $14
    Verified
  • Avg. sessions /month150Verified
  • Avg. profit /month
    $13
  • Profit Margin50%
  • Avg. sales /month2
Other details about profit: the profit margins on this product is massive, and i have barely uncovered the surface on correct pricing points.
Total revenue
  • $100
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,055Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Loox reviews
      $10
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Whatsapp would be great, i can send you all the graphics, video ads (i have paid for this) logos in different resolutions and much more. Don't be afraid to ask!
    • Personal support after sale

      I will support you with all queries, questions and more within my knowledge, for a month, after the month i can still answer all your questions and more but i may be a little slower to respond, as school will have started :)
    • Domain

    • Product photos

      Whatsapp would be perfect, if this cannot be done, i am happy to use anything else :)
    • Social media

      Total followers5subscribers
    • Suppliers

      Not Included
    • Mailing List

      7subscribers

    Seller‘s Advice

    How to grow this business

    This business is run using the dropshipping business model.

    This store has potential to grow exponentially. As screen usage becomes more and more common, the need to protect your eyes also becomes more common. I would certainly increase the budget on advert spending so that i could steal my competitors demand. Once this store is generating consistent revenue, i would expand the product range to include more frames on specs, look towards contact lenses, prescription lenses, light sensitive lenses, and essentially private label so that you can increase product price, thus resulting in higher margins.

    I would also be testing and refreshing creatives monthly to keep up with changes in consumer thought process, economic climate, and to keep ROAS high.

    Skills to have

    My main competitor is called "Kanturo" they utilize facebook ads, instagram ads, google ads and SEO to help them win over consumers. I would study them intensively and try to emulate their processes to test to see if they work well with you. In my honest opinion i think this store is a 6+ figure business, being evergreen, and having limitless opportunities for growth, however in order to get the brand recognized like it deserves, you WILL need a substantial budget just to accommodate for testing, adverts, and expansion.

    I have knowledge in Photoshop as i used to be a commissioned graphic designer so its important to have basic video / photo editing skills to avoid having to fork out much money on testing new creatives. (However if you have the budget to do this, by all means go ahead, it will significantly reduce the time needed to run this business)

    You will need to learn to run ads and aggressively kill and scale according to what you believe is best for the business.

    Share

    RS
    Rukhsar S.Current store owner
    Im a student that is looking to create a life of financial freedom by any means possible. Im using the dropshipping model as an entry into ecommerce so that i can further expand to other ventures.

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