Wudzee is a brand dedicated to creating high quality, design conscious mobile accessories for consumers and those looking for unique gifts. Not just another drop shipping opportunity, you have the chance to build a BRAND. Avg. Revenue over 3 years was 40k/year. Well below industry selling price but, for someone willing to learn, will require a bit of work to get started.
Financials and traffic
Much of this was driven by Etsy, but I would help get that set up as well.
Average overall profit margin
Average number of sales/month
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.
Most expenses came during the Holiday season. This was done to drive sales in the critical months. I used a tool to optimize for Etsy, which cost $29 a month, and $5 for email service.
Wudzee has great revenue and margin potential for someone able to dedicate time to it. With about an average hour a week of dedication on web dev/social, and an additional 5 hours manufacturing (best bet is to outsource if not inclined in the manufacturing of this product), it is reasonable to generate 40K in sales from Shopify and Etsy ( I had hit 50k+).
How can the future owner improve the business?
Time! if you dedicate time into growing the business, this is very scalable. As an owner of multiple businesses, I didn't get to the point I could dedicate this time. I will also be an open book, and work with you to teach you how to manufacture, how to market, and how to target customers in this mobile accessory space
What work have you put into the store?
A TON of research on the market, and the practical application of designing and manufacturing the product itself. As a serial entrepreneur (brick and mortar and e-com), I have created a site that is set up to have someone bring eyes to the page, and convert.