- Avg. revenue /month$6,208
- Avg. sessions /month17,028
- Avg. profit /month$8,000
Why this business was started
I am driven to succeed in the drop-shipping business, and Wonder Trades has been an essential stepping-stone for me, and a great resource. It will continue to be so for anyone who has the time to concentrate on growing this store to its full potential. I can easily see Wonder Trades breaking 6-figures within a few months if you put in the time and effort to create winning ads campaigns and work to more precisely "brand" the store.
The reason of selling this business
I am selling Wonder Trades because I have another project on which I'd like to focus my time and efforts at the moment... something I am a bit more passionate about (it's in a different market / business category). I can't fully operate multiple stores simultaneously without sacrificing quality / service.
What's involved in running this business
The day-to-day activities are really as involved as you'd like them to be... but basically they consist of monitoring the traffic / sales for the day, editing existing ads and/or creating new ad campaigns (to test new products or to scale winning products further), keeping track of finances, providing customer service (through Facebook / email, etc... OR managing the VA in this role), and fulfilling orders.
Traffic and Performance
- Avg. revenue /month$6,208Verified
- Avg. sessions /month17,028Verified
- Avg. profit /month$8,000
- Profit Margin42%
- Avg. sales /month250
- Shopify plan
- Paid Apps
Physical inventoryNot Included
Logo and branding assetsI will create a DropBox folder and share it with you so that you can then download them on to your hard-drive.
Personal support after saleWe can communicate (chat and calls) via Skype, and I'll be happy to work with you to make sure you're getting up-and-running during the first few weeks.
Product photosVia DropBox (as mentioned above for logos, etc.)
How to grow this business
I would focus primarily on retargeting and utilizing the extensive customer list I have gathered over the past several months. There are so many customers who have elected to receive marketing materials, and ripe opportunities to create Lookalike Audiences from this data. I would also choose one product segment to really drill-down on and focus on creating a more specific brand around a few winning products.
Skills to have
Should be knowledgeable about how to add / edit products, keep track of analytics (revenue, traffic, expenses, etc.), provide great customer service, and have the drive to succeed! (I have been working with a virtual assistant who does much of the customer service, and would be happy to pass along his information if you are interested).
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.