- Avg. revenue /month$6,989
- Avg. sessions /month10,219
- Avg. profit /month$10,000
Why this business was started
I saw a market and an opportunity to grow and identify a brand within the niche that it was focused on. A truly one stop shop for the niche it revolves around. The logo and branding easily identifiable. A store that would allow not only a vast range of items and inventory but expand beyond the basics and truly be innovative and push new boundaries.
The reason of selling this business
The main reason is that I have no more time to devote to it to grow it. My corporate job has increased hours, our family dynamic has changed and there are other projects that I currently feel called to focus on. I have started to enter other projects with my brother. This business has great potential to grow and take a fair share of the market for the person who has the time.
What's involved in running this business
The hard work has been done. It is now making it as big and mighty as you want to see it go. Day to day operations consist of customer service support tickets/questions, running FB ads to run campaigns. For the most part, not much time is required but in order to scale, you will need to put some additional time/effort in. Everything has been handled by myself since day 1. I have had complete control from everything emailing, marketing, fulfilling and ad campaigns. Nothing has been out sourced. Right now it is at the perfect place to continue or to take the next step and bring in third parties to really make this grow. The foundations are set. Searching and adding products to continue the growth, scaling ads and expanding into other social media markets.
I have put the foundations down with a couple of products that are ready to explode. I have tested the audiences and interests with a couple of these that have shown all the signs of being amazingly profitable products.
Traffic and Performance
- Avg. revenue /month$6,989Verified
- Avg. sessions /month10,219Verified
- Avg. profit /month$10,000
- Profit Margin25%
- Avg. sales /month2,229
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsAll branding and logos used on the store will be transferred via dropbox or email. Most already on the store page file setup.
Personal support after salePersonal support will be provided for 7 days. Over email and skype calls arranged around time differences. Discussion in regards to the niche itself and what products to add and look out for. Help and guiding through initial overtaking of store, products on store and suppliers will be helped and talked through. Advice on one of the products that was tested (the biggest patch of growth on the store in the attachments) and showed amazing signs. A list of starting interests and audiences to get started on it and talk through taking it to the next level. Pixel data can be warmed with interests and audiences that will be supplied via a spreadsheet from some of the other products that showed good signs. This will help to build up data and get started.
Product photosAll branding and logos used on the store will be transferred via dropbox or email.
Social mediaNot Included
How to grow this business
Although this store has been 'operating' since last year, graphs and attachments will show when products were being tested and store was being experimented with. Products are ready for the next level as proven in the attachments.
July and August had similar monthly visits but almost double the amount of purchases as I honed in on audiences and interests to make them even more profitable. Changing things around the store increased conversion rate and better supply times in processing and shipping.
Data has slowed down the last couple of weeks as I prepare handover and sale of this store to the next owner.
The brand has only touched the tip of the iceberg on Facebook. The amazing growth and branding ability it would have on Instagram, Pinterest, Google, Amazon, EBay and any other social media platforms would be amazing. An exciting time. A starting point in audiences and products will be handed over to the buyer helping them get started towards numbers shown in the attachments, once up and running, scaling will be completely up to you. How much money do you want to make?
Amazingly simple, clean and professional is how it has been built and how it should stay. Easy navigation and no fuss process from cart to checkout.
Researching products would be essential. This niche allows so many different products but uniqueness, quality and 'must have' factor must be considered.
Skills to have
Always a good customer service base. Understanding that everything up to this point has been handled by myself personally. Being able to identify why the products that are currently being sold are doing well and to add to that list. Third party assistance can be brought in when and if you choose to scale.
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.