- Avg. revenue /month$6,100
- Avg. sessions /month7,668
- Avg. profit /month$5,000
- Inventory value$20,000
Business Story
Why this business was started
This business was started in May 2017. We were looking for an online stream of revenue, and decided to try dropshipping as we had friends in the industry who did well with it. It took us about 3 months of testing different products and spending well over $10,000 of adspend to finally have a seasoned pixel on FB and consistent sales. We discovered our store is seasonal (Q4) but understand our audience very well and have strong indicators of our next winning product for the new season.
The reason of selling this business
We are selling the business because my wife is pregnant and I have a new job opportunity starting in Jan. so we will not have time to take care of everything. (Although it is minimal work as of now - about 5 hours a week - to scale it and have the store reach its full potential requires more time, effort, and energy that we cannot commit to at this time)
We also have other ventures we are pursuing in 2020 that would take up most of our time and focus.
What's involved in running this business
The store is seasonal, but can do very well in Q4. more details in other sections. Right now it's simply ad management on FB (you can also work with influencers). We fulfill orders out of our home office. We could hire someone to do it for us, but as of now we take care of all the fulfillment. There is customer service via emails. And we use shipstation to print out all our labels and shipping needs.
We have been selling 1 winning product from last year and this year. We have a very good idea of the next winning product for next year already as we have had a lot of inquiry about it this year.
A good portion of sales also comes from Etsy, you can see the store here: [REDACTED]
Etsy will be easily transferred over to you. Lifetime membership is included to [REDACTED] as well.
Traffic and Performance
- Avg. revenue /month$6,100
Verified
- Avg. sessions /month7,668
Verified
- Avg. profit /month$5,000
- Inventory value$20,000
- Profit Margin50%
- Avg. sales /month300
Expenses
- Shopify plan
- $29/month
- Inventory warehouse
- $1/month
- Domain
- $15/year
Sale Includes
Physical inventory
Logo and branding assets
We can discuss this when the time comesPersonal support after sale
We can help with training and support for unlimited days after the sale. We will show you our FB ads and transfer control to you. Everything from marketing to fulfillment and negotiating with our suppliers.Domain
Product photos
email / video or whatever works for youSocial media
Total followers20,000subscribersSuppliers
Mailing List
14,297subscribers
Seller‘s Advice
How to grow this business
I would take our winning products, and create a new store specifically relating those type of products in that niche. I would offer more complementary items since we know who our audience is. Our fb pixel knows how to find the right buyers for our niche, and we know the type of ads and creatives that will help with sales of the items.
Then we would scale much much wider for the following years.
Skills to have
They should understand how FB works, and be familiar with ecommerce in general.
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