- Avg. revenue /month$783
- Avg. sessions /month1,078
- Avg. profit /month$235
Why this business was started
I was interested in the dropshipping model and how to make money this way. It was a lot of fun and definitely got me motivated to find out more about entrepreneurship and online marketing. I think it is a perfect way to boost your own business or just try out what's possible. This way Trendcovery has grown a lot over the past months and now includes more than 100 products!
The reason of selling this business
I simply don't have time for my store anymore but don't want to simply let it go. I think Trendcovery is a perfect opportunity for anyone, be it simply starting with dropshipping or already being a successful dropshipper who needs a general store for testing products.
What's involved in running this business
Once a day I check my Oberlo app for customer orders and buy the items from the seller (1-3 clicks per order, you could easily outsource this though). Customer service is included from time to time, but in my experience almost all customers are very understanding in case of problems (for example delays in shipping due to the pandemic). Also of course online marketing (I used Facebook and Instagram ads, but also Pinterest and Google could be worth a try).
Traffic and Performance
- Avg. revenue /month$783Verified
- Avg. sessions /month1,078Verified
- Avg. profit /month$235
- Profit Margin30%
- Avg. sales /month60
- Shopify plan
- Loox Photo Reviews
- Facebook and Instagram Ads
Physical inventoryNot Included
Logo and branding assetsThe logo is included in the store and can be sent as .png
Personal support after saleSome of my orders are still in transfer. I will of course handle customer support for these until all orders from april have arrived at the customers. I will be available for Skype calls when needed within the first month. If you like we can arrange a one hour Skype call in this time frame.
Product photosThey are already included in the products, aswell as descriptions and (for most products) customer image reviews.
SuppliersAs the products are already included via Oberlo you can always track the product back to the AliExpress website where you can directly contact the supplier.
Mailing ListNot Included
How to grow this business
As this is a general dropshipping store it is the perfect way to test potential new hot winning products fast and easy! The store is branded as an "improve your life quality" store - so customers simply expect products that solve a problem or simply are amazing and fun! Whenever you find a product that you think could be a winner you can use this store to find out if that's the case in 1-2 days.
Skills to have
Not necessarily. It would be good if you have some experience with either online marketing or dropshipping as that will help you to scale the store faster, but if not you can also use this store to learn exactly that.
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.