I Started this business because I thought it would be a fun and easy way to make some side money. I wanted to see if I could provide products to people around the world and they would actually buy them. It is a really amazing to see people all over the world buying things from your website.
The reason of selling this business
After successfully doing this for a couple months, I decided that it would be better for me to focus on school and other important things in my life. Although I could run the store without much effort, it would not be as great as a store as I wanted.
What's involved in running this business
The main day to day tasks of this business are: when you get a sale, you have to buy the products on Ali Express through Oberlo. Oberlo will put all of the customers information automatically into Ali Express. It is a manufacturer direct process, so you don't need to have any inventory. You also have to make sure that the products are still being sold and the site is running as it is supposed to.
This business was founded:about 1 year ago
Time to run this business:approximately 6 hours per week
Traffic and Performance
Avg. revenue /month
$120
Verified
Avg. sessions /month402Verified
Avg. profit /month
$83
Profit Margin37%
Avg. sales /month10
Other details about profit:The profit margins are pretty good due to not having many costs in running the business. The two main costs are advertising and shopify monthly payments.
Total revenue
$1,564
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
5,236Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$14
/year
Facebook/Instagram
$80
/month
Domain Cost
$1
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
These can be sent via gmail.
Personal support after sale
Not Included
Domain
Product photos
The product photos can be sent via gmail.
Social media
Not Included
Suppliers
Not Included
Mailing List
Not Included
Seller‘s Advice
How to grow this business
It is important to talk to the manufacturers of the products to make sure the products will arrive to the customer in good time. I would continually add and get rid of products on the site to keep it up to date. Facebook ads are usually the best to reach travel lovers who are willing to buys things.
Skills to have
Know how to use Oberlo well and make sure everything runs well. In order for this store to do well, the owner must be able to market a store very well. Because this is a dropshipping store, the main way that you get people to click on your store is through creative ads.
FS
Finn S.Current store owner
I have been running this site for a couple months. It is a dropshipping site that has done well for the short amount of time it has been online. I need to focus on school, so I decided I would try and sell my business.
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.
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