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$10,000 USD

Trendologi

www.trendologi.com

Appears in Electronics and gadgets , Established stores, United States, California, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Business and Franchises under $10,000, Medium Business, Dropified Stores for Sale

General description

Trendologi was built as a e-commerce centre for the latest, trending electronics & gadgets found around the world. We decided to build the store when we saw other stores receiving so much negative feedback from their poor, or lack thereof, customer service and we thought "we are going to 100% own the customer service front", so we did. We've dealt with every customer interaction personally without using any templated replies. Thus, every interaction, good or bad, has gone smoothly and the customer was satisfied with our service.

We've already put countless hours of work into optimizing the store on all fronts- color themes (we chose a color theme similar to Amazon; research shows that those colors inspire people to shop more), product page structure, and even checkout funnels.

Most of our products we have dropshipped. Our current MVP is a dropshipping product which we've carefully chosen a good seller who provides fast shipping to the US and other countries on top of quality customer service for returns and issues.

Our marketing strategies have followed an effective funnel approach- warming cold audiences, pushing qualified cold with more aggressive marketing, then full on aggressive and retargeting at the bottom of funnel audiences. With this, we've seen an average of $25 CPA for products.

We are selling this particular business because we've started other projects in our firm that we need to re-allocate manpower towards and don't see us putting in the necessary hours to maintain this store to it's full potential.

Financials and traffic

Average profit/month

$2,000 USD

Average overall profit margin

15%

Average number of sales/month

150

Lifetime revenue

$32,488.00 USD

Lifetime traffic

143,129 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Our main advertising costs the past few months have been towards our MVP product. The other campaigns have been for testing other concepts and products, which account for ~30% of our ad spend.

Expense item

Cost

Shopify plan

$30.00/month

Subscriptions (ie. Mailchimp, apps)

$50.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$8,000.00/month

Domain

$0.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

trendologi

Instagram

trendologi

Social media followers

195,000 people

Q & A

Why should someone buy this store?

If you're looking for a store that has been fully optimized for an online electronics/gadget shopping experience, Trendologi is the store for you. We've spent countless hours researching how to optimize the store to make the user experience better while adding some psychological factors such as color themes and placements of recommended/related product grids (we've had some custom built)

How can the future owner improve the business?

The future owner can improve by investing more into upsells and retargeting funnels. This is something we have been working towards but have been focused with optimizing our MVP and gathering data for audience targeting on Facebook that we have not gotten a chance to take a serious look at.

What work have you put into the store?

We've built the store from a-to-z using a free theme on Shopify, with customizations through a paid freelance developer.

Manual hours have been put in to optimize the store with plugins, html/css adjustments, and content.

How many hours does it take to run this business per week?

20 hours

$10,000 USD

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