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Screenshot of sold business www.parnispens.com

Vintage Fountain Pens

www.parnispens.com

Appears in Gifts and collectibles , Australia, New South Wales, Sydney, Small Business, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Business and Franchises under $5,000

General description

PLEASE NOTE: The analytic drop is due to as say below (taking ads off on the 14th of june) as you can through lifetime traffic and lifetime revenue. It has nothing to do with performance.

Story/Why we're selling the business?

Store Just over a month Old.
The Honest Reason why we're selling the store is because our main store has lost 2 VA's (out the 3) so my partner and I have been stuck manually running the store.
So we decided stop ads on the 14th of June for this store as we have no VA's For it and only ran cheap effective re-targeting ads until 20th of June as we started getting a email from few customers for tracking number and how to etc... (NOTE: have all been dealt with). Either way it increased stress on us as we're already having a hard to looking for good VA's for our main store.
Yet even with ads off we still made sales from our Loyal returning customers!
So on the 2th July we decided to sell the store as it will be a Great Head Start for another Ecom Entrepreneur to wield its success! =)

Questions & Answers

Q: Do you drop ship or hold the inventory yourself?
A: We drop ship From Aliexpress.

Q: What have you done to attract customers?
A: Only Facebook ads by far, haven't tried google word or email marketing at this point.

Q: Do you have recurring customers?
A: YES! Our customers often return to buy ink, while at it, they usually buy new listed product (cross sell products ep: journal book etc) or Ever buy more fountain pens to add to their collection as they gained trust from already receiving our products.

More details will be sent by request.

Thank you

Financials and traffic

The stationery products featured in this store are very cheap to fulfill and we were able to charge a leg and an arm (for what their worth) on our products due to niche passion.

Average profit/month

$2,620 USD

Average overall profit margin

30%

Average number of sales/month

171

Lifetime revenue

$3,957.00 USD

Lifetime traffic

4,216 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Loox Reviews: $25 USD
Coin: $5 USD
Total: $30 USD

Expense item

Cost

Shopify plan

$29.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$948.00/month

Domain

$0.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

2049612618643882

Mailing list

200 subscribers

Social media followers

300 people

Q & A

Why should someone buy this store?

The store has not bloomed yet and has great potential to do so in the future.
We have a store conversion rate of 4.02%
Majority of our customers are elderly and ain't hesitant to spend!
ALSO NOTE: Our stores Customer Service is NOT a train wreck! our review feed back is mostly at 5 Stars and due to our strict refund policy we Haven't had a Refund At All!
The store also runs on Turbo Theme which costed us $350 USD
We will also set you up for scaling! =)

How can the future owner improve the business?

Easily! as the store has great potential to scale as we tested and couldn't do due to not being able to keep up with fulfillment in our main store as 2 of our VA's left while we're stuck manually fulfilling orders. (reason were selling the store)

What work have you put into the store?

My ecom partner and i put countless hours in making the store neat looking and professional as possible which helped sky rocket our conversions.
one product listing will take an hr or 2 for us, as we thought deeply when it came to product descriptions and for charging the customer 5 times the price it became really crucial.
We also use turbo theme and fully coded all the necessaries perfectly to also improve conversions!

How many hours does it take to run this business per week?

2 hours

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