- Avg. revenue /month$396
- Avg. sessions /month1,166
- Avg. profit /month$451
Why this business was started
We started this business because we had some spare time after finishing school and an interest in entrepreneurship. The VantriShop, as it is called, sells vanity beauty mirrors & accessories. The beauty and photography industry is a huge marketplace, especially on social media, so our store presence is welcomed within these industries. With proper marketing and collaborations with beauty gurus, this store has lots of potential.
The reason of selling this business
We are selling the business because we have both solidified full time positions and no longer have the time to successfully run this already excelling business. With two dogs, two small children and full time jobs, our priority began to fall more towards our new family and away from the business we created. The business took off because we had a vision and a solid business plan, making it very easy for the individual(s) whom purchase it.
What's involved in running this business
Social media engagement is an easy way to influence buyers and promote a following, responsive and respectful customer service is key to success. You may run this business however you'd like, however, we chose to drop-ship. As drop-shippers, we did not need to keep any inventory, which was helpful, as we do not have space to store large amounts of products, nor the means of keeping up with shipping orders. Our main responsibilities were fulfilling customer orders online with our exclusive vendors, that we maintain a relationship with. Other than these main points, having the webpage up to date at all times, adding new and exciting products and runnings ads on google, Facebook, Instagram, etc, are all equally important roles. **I'm quite sure I've missed many tasks, but will be happy to assist along the way :)
Traffic and Performance
- Avg. revenue /month$396Verified
- Avg. sessions /month1,166Verified
- Avg. profit /month$451
- Profit Margin70%
- Avg. sales /month40
- Shopify plan
- Current Converter
- Facebook, Instagram, Google, etc
Physical inventoryNot Included
Logo and branding assetsEverything associated with VantriShop will be included in the sale. What Shopify does not transfer during the process, we will surely provide you. We want to see the shop succeed as well, so rest assured that we will happily include any and all necessary information for the purchaser to do so.
Personal support after saleWill happily provide business support for up to one month. This business model is extremely easy to operate and will be simple for you to learn, so fear not, you can do it and we will help.
Product photosEverything will be included via email, or possibly DropBox. Some of these product photos have been professionally taken of the products we sell, so this is helpful to sales.
Social mediaTotal followers0subscribers
Mailing ListNot Included
How to grow this business
We would have invested more of the profit back into the business, such as marketing and advertising, as this seemed to be a huge aspect of success. The business model is sound and we would continue to utilize it, after all, we did build it for success, not failure.
Skills to have
Previous business experience an asset, but not required due to the relatively simple business plan. Strong communication and organizational skills are helpful. Understanding of social media platforms is a big portion of marketing. Lastly, always reinvest profits. This allows for growth and alleviates some financial pressure.
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.