All prices in USD
$191
  • Avg. revenue /month
    $60
  • Avg. sessions /month151
  • Avg. profit /month
    $50

Business Story

Why this business was started

I wanted to start this business as a way to learn more about e-commerece and entrepreneurship. I enjoy street wear and retro styles, so I tried to mould my store around that look. I also wanted to increase my skills regarding re-design, brand selection, and social media postings.

The reason of selling this business

I have decided to sell, instead of completely closing down, as I believe the store has a great potential to do very well. However, I have been admitted into a post-grad and will be focusing on my other business, which is service-based. Due to my time constraints, I think it would be better to have someone more knowledgeable take-over and make something great out of it!

What's involved in running this business

Knowledge of Shopify and Shopify apps is a MUST. Some apps are already integrated and running and some were in the process, so the ability to navigate and work with them is important. I was using Oberlo, Aliexpress, and Spocket for the dropshipping portion; and ionos and omnisend for email and domain use. Facebook and Instagram were my main source of advertising, as well as positive word of mouth.

This business was founded: 7 months ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $60
    Verified
  • Avg. sessions /month151Verified
  • Avg. profit /month
    $50
  • Profit Margin60%
  • Avg. sales /month1
Other details about profit: Costs a fairly low for the store, products are priced well - can have a higher profit margin as my prices are fairly low compared to average price for the product
Total revenue
  • $421
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,060Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $15
      /year
    • Instagram
      $5
      /month

    Sale Includes

    • Physical inventory

      Not Included

    • Logo and branding assets

      Two zipped files of the logo - one of the full Wynning Clothing and other of the small W Instagram and Facebook Page Also have a twitter if you would like it I will transfer ownership of all social media accounts at time of sale, and provide a link of the zip folders. I have photos from a shoot I did with a model and photographer that were never used - I can give over these images, but they are unedited! Photographer DOES NOT need photo credits.

    • Personal support after sale

      I can provide support for 30 - 60 days after the sale, if need be. Questions, reporting, account set up, etc. Mostly basic assistance around the store, but not around advertising besides logo and pictures already ready.

    • Domain

    • Product photos

      Product photos are included on dropshippers websites (aliexpress and spocket); Oberlo and Spocket can be used to transfer photos quickly.

    • Social media

      Total followers70subscribers

    • Suppliers

      I will provide you with the names of the stores I was using for aliexpress, and provide some examples of the new products I was looking at on Spocket

    • Mailing List

      30subscribers

    Seller‘s Advice

    How to grow this business

    The plan for the store was to get more quality based products from USA, Canada and the UK with faster shipping times. I wanted to make it into a more retro/vintage look to niche it out. There were plans to add in a men's line that focused on a retro and hip-hop look. Facebook ads were about to be implemented with a giveaway, but never got to it so there is ample opportunity.

    Skills to have

    Facebook ads would be a good skill to have with this store - it is the prime way I had gotten my first e-mail subscribers, and had I continued, the store would have more customers. 1-month on facebook ads will get you the sales you need.

    Share

    WM
    Wynn M.Current store owner
    I am a young entrepreneur and started this store in February to get some experience underway. I built the store through themes, oberlo, aliexpress and started looking at spocket options. My interest lies in retro and "kitchi" styles, as reflected in the store.

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