- Avg. revenue /month$5,123
- Avg. sessions /month13,988
- Avg. profit /month$2,000
Why this business was started
I decided to start the business because I wanted to create a successful dropshipping store as I had a failed boutique in the past. I did substantial research into what is trending, experiencing growth and would be a winning industry. It was very apparent that mink lashes was the way to go.
The reason of selling this business
I have decided to sell because I have other interest and need Urban Lashed to be run by someone who is more dedicated.
What's involved in running this business
I have put a substantial amount of hours into the business so that you won't have to. Outside of advertising, email marketing, posting to IG regularly the business runs itself.
There is no need to use Oberlo which means manually syncing each product. Our lashes are fulfilled by a differed 3rd party company. All you have to do is select the orders you wish to play and pay for them. The orders will be fulfilled in 2-3 days. You can also offer 5-8 day USPS shipping. Your customers will never know that you ship from China if you choose that option. They will see that the product is coming from California. Emails are sent automatically, no need to sync from Aliexpress to oberlo.
Traffic and Performance
- Avg. revenue /month$5,123Verified
- Avg. sessions /month13,988Verified
- Avg. profit /month$2,000
- Profit Margin20%
- Avg. sales /month850
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsI will transfer you the website, all graphics created, social media, blog posts, logos, etc. via an agreed upon method with sale.
Personal support after saleI will provide you with support for 1 week via email after sale. I will train you, give you tips, and tell you everything I have learned and all of my hopes and dreams as to what my vision of the company.
Product photosI will send you all product photos that I have. You will also have all customer photos sent via instagram.
How to grow this business
Urban Lashed has so much potential. You have an opportunity to expand your product offering. The store only offers mink lashes, however you can expand to human hair, silk, and various animal furs. Urban Lashed right now offers different products, however I did not cross sell or upsell or email market. There is a huge opportunity when it comes to lash lift products, lash supplies, individual lashes, lash kits, merch, lash related jewelry, and so much more! There is also an option to target those who are interested in started a lash business by offering classes you can download, as well as starting a blog.
I just came across sales funnels recently. The utilization of a click funnel would be especially profitable.
Urban Lashed is a great investment as the false lash industry is growing. Your customers are buying a product that they fall in love with and re-order time and time again unlike other industries. There is a potential to offer a subscription service or even a subscription box.
Unlike some other stores, Urban Lashed is an actual brand. We have had success marketing to Canada and the UK as well. We haven't even begun to penetrate the market. Over the next five years Urban Lashed can be a known International Brand on the level of even the most known lash stores. The beauty industry is a billion dollar industry projected to grow substantially over the next five year.
Even though our lashes currently are not branded, that hasn't stopped our customers from falling in love with our product. I would suggest branding and focusing on social media influencers. as this would allow you to charge as much as $20 per lash strip which is what competitors are charging.
Skills to have
I would suggest having knowledge of facebook advertising or employing someone. Social media and email marketing would also be beneficial.
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.