- Avg. revenue /month$59,337
- Avg. sessions /month35,214
- Avg. profit /month$8,492
Why this business was started
Univolt was started with the sole focus of providing consumers with a wide-array of innovative smart technologies/gadgets that are designed to make their lives more seamless, convenient, and efficient.
Once we realized the potential of providing solutions for everyday smart devices (in which the entire world relies on), we knew it made sense to create a brand that had the potential to scale massively to an extremely large market of tech-hungry buyers.
Our lead product, "Univolt Wireless Charging Stand" has been able to generate well over $300,000+ with a net profit of $50,000+ in just a span of 2 months - primarily using Facebook Ads marketing.
This product in particular allows users to seamlessly charge their smartphones, earbuds, and smartwatches simultaneously - without the hassles of plugging in each of their devices.
People absolutely loved this because of its extreme convenience, simplicity, and seamlessness of use. After all, the entire point of smart technology is to provide users with more convenience. Therefore this product provided even more convenience to their already convenient companions.
Now let us transition to the sole focus of "Univolt" - and how this name was derived.
The term "uni" came from our ideas of providing products that would "unify" and simplify the everyday technological life of a consumer. However, "uni" also derives from the term "universe".
Therefore we envisioned consumers to feel like they were being immersed into a universe of innovative technologies that would make their lives seamless, easy, and convenient as they would continue to scroll through our catalog.
Of course, the more cool and unique smart technology solutions we can offer, the more "Univolt" will live up to the definition of a "universe" with a continuously increasing catalog of products.
The reason of selling this business
While we are confident that this store has the extreme potential to scale even further than what we have currently achieved, we found ourselves to not be as passionate about the business as we once were.
We felt that it would only make sense to pass this torch over to a new owner who is actually passionate about smart technology, and also contains a vision to continue to provide innovative solutions for the ever growing technological world that we live in.
New technology is released every year, and consumers are always looking for ways to maximize their convenience - and this is what our vision for Univolt was always aiming to achieve.
Univolt, without a doubt, will always have a place in business due to the fact that its sole focus was to provide products geared towards providing more efficiency for devices that a large majority of society already owns.
What's involved in running this business
During the entirety of running this business, our main components for operation were: fulfillment, customer service, and advertising (media buying).
Fulfillment is already completely taken care of as we would easily connect you over to our supplier in which we relied to dropship each unit to our customers.
Customer Service was purely handled by VA's in which you can easily hire on places like upwork, onlinejobs, etc.
Advertising - we primarily used Facebook Ads to generate all of our traffic. Note that there are several other platforms in which you will easily find more buyers for the long-term such as Google, Youtube, Pinterest, Twitter, and more.
Traffic and Performance
- Avg. revenue /month$59,337Verified
- Avg. sessions /month35,214Verified
- Avg. profit /month$8,492
- Profit Margin11%
- Avg. sales /month756
- Shopify plan
- Email/Retargeting Apps, GemPages, Data exports, reviews widgets, ordermetrics
Physical inventoryNot Included
Logo and branding assetsAll logos, icons, graphics, GIFs, videos will be shared via Google Drive
Personal support after saleI will be willing to provide support for up to 1 month after sale via email or phone. This can be anything related to fulfillment, advertising, and other operations of the business.
Product photosAll product photos will be transferred via Google Drive
SuppliersSupplier info will be transferred easily.
How to grow this business
New technology is released every year, and consumers are always looking for ways to maximize their convenience - and this what our vision for Univolt was always aiming to achieve.
Univolt, without a doubt, will always have a place in business due to the fact that its sole focus was to provide products geared towards providing more efficiency for devices that a large majority of society already owns. (smartphones, smartwatches, earbuds, etc).
We've only touched the surface of this world with our advertising campaigns... and there are still billions of tech-hungry users that would find the products on Univolt to be extremely useful for years to come.
Let us mention that all traffic was primarily gained through Facebook Ads only. We attempted a bit of Google/Youtube Ads but lacked the experience of running campaigns properly there.
Just think about how many people are constantly searching for new technology, gadgets, and other devices to make their lives more easy.
You've just got to put Univolt right in front of their face on all marketing mediums possible!
Skills to have
If you are extremely passionate about smart technology, or simply tech/gadgets in general... you will find this to be a seamless store for you to run.
These products pertain to the devices that a large majority of this world uses everyday, therefore all you need to do is run effective marketing campaigns that will give more users (who are still stuck in the stone age) a reason to advance their life with the use of smart technology convenience & solutions.
Skills required to run this store effectively will be your use of Facebook Ads (to run store traffic), and ability to lead and delegate others to run other aspects such as customer service and quality control. These types of people can all be found through freelance websites like Upwork.
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.