- Avg. revenue /month$2,290
- Avg. sessions /month2,645
- Avg. profit /month$1,840
Why this business was started
My sister has been in the dropshipping business for over three years. In September 2017, she created this Shopify store but didn't end up pursuing it as she wanted to focus on her main business. After reading about dropshipping, I tested about 10 different products, but none of them were profitable. I then decided to take over this store from her and I launched on December 26th 2018 (to be exact).
The reason of selling this business
The reason why I have decided to sell my business is because of time constraints with school. This has been an operating business since end of December 2018, and after February 2019, my school workload become too much to handle with a business. Therefore, since then, I have not been able to put in enough time into the business as school is my top priority currently, especially as I go into my last year of University.
What's involved in running this business
Content creation, social media management, customer management and service, fulfilling orders, launching new products and social media and email marketing.
Traffic and Performance
- Avg. revenue /month$2,290Verified
- Avg. sessions /month2,645Verified
- Avg. profit /month$1,840
- Profit Margin26%
- Avg. sales /month83
- Shopify plan
- Shopify Paid Applications
- Social Media Ads
- Product cost (monthly average)
Physical inventoryNot Included
Logo and branding assetsThis can be transferred over dropbox or email.
Personal support after saleI am willing to offer a month of complementary support and consultation for 30 days after the hand-over of the business has been made. This includes introducing you to all our suppliers (so you can benefit from our cheaper prices) and social media influencers, Shopify backend, apps, etc. This will help in making the transition smooth and easy for the new owner and their team.
Product photosWe will transfer all our pictures and videos of all the products that are currently on the website. These pictures and videos are from our suppliers, photoshoots and social media influencers. This can be transferred over dropbox or email.
How to grow this business
The potential growth for the baby niche market is endless and will always be there, because parents are always willing to spend money on their children. Over the next few years, growing the store can be done by launching innovative products, scaling ads, continue to increase social media following and expanding the mailing list. Customer satisfaction is also a huge contributor for growth. This can be done by reducing shipping times. Hiring a few employees may also be beneficial in the near future, in order to distribute the work. Lastly, updating the website after every couple of months may be beneficial. I just re-designed the website about two months ago, using a bought theme on Shopify.
Skills to have
The future owner should be well-versed in online/social media marketing, operating an e-commerce store, and managing systems within a business.
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.