I decided to start this business for a multitude of reasons. Firstly, I began this business to further develop my knowledge and understanding on business fundamentals. Currently, I am studying commerce at university and felt as if this would be beneficial to me. Secondly, more and more consumers are moving towards e-commerce for the purchase of any goods. Knowing this, I decided to take advantage of this trend and start my own business.
The reason of selling this business
I decided to sell my business as I no longer have the time to scale it. I am running two other stores as well as studying at university.
What's involved in running this business
Currently, the tasks involved with running this business would be looking at various marketing strategies, further developing the website, managing social media accounts, etc. Once this store is scaled, it would include running advertising campaigns, fulfilling orders, ordering from suppliers, managing customer relations, as well as others.
This business was founded:9 months ago
Time to run this business:approximately 4 hours per week
Expenses
Shopify plan
$29
/month
Domain
$14
/year
Sale Includes
Physical inventory
Not available for starter stores
Logo and branding assets
All logos and branding files and images will be transferred.
Personal support after sale
Not Included
Domain
Product photos
All logos and branding files and images will be transferred.
Social media
Total followers2subscribers
Suppliers
Not available for starter stores
Mailing List
50subscribers
Seller‘s Advice
How to grow this business
I would begin marketing this store via google shopping ads, Facebook ads, and Instagram influencers. I did not market this store as I got carried away with other commitments to my other stores. All of the customers who visited my store were purely organic. In addition, I would increase the product variety allowing to reach new markets and niches.
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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