- Avg. revenue /month$2,033
- Avg. sessions /month1,929
- Avg. profit /month$2,500
Why this business was started
I decided to start the business because I identified a gap in the market for a yoga focussed apparel and accessory site. Fitness is a huge industry and by specialising in the yoga niche I was able grow sales very quickly and create a brand people were happy to browse and buy from. Also combine this with the fact yoga is a growing industry and also something that translates extremely well on social media.
The reason of selling this business
Unfortunately due to delayed shipping times and below expected product quality on some drop shipping products the facebook page’s customer ranking drop and is now unable to advertise on Facebook. This ad account, instagram account and everything else is unaffected. It is simple to start a new facebook page however this needs to be done properly and have time dedicated to it to make sure the same problem doesn’t occur again. This will mean having the capacity to test products before selling and keeping customer service to a very high level. This is not a hard task but something I do not really have the time or passion for anymore sure to spending most of my time on my online marketing agency. Someone with dedication to growing the brand will be able to do this fairly easily.
What's involved in running this business
Facebook advertising Social media updating customer service emails product ordering and fulfilling (easily done using oberlo)
Traffic and Performance
- Avg. revenue /month$2,033Verified
- Avg. sessions /month1,929Verified
- Avg. profit /month$2,500
- Profit Margin25%
- Avg. sales /month300
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsdropbox
Personal support after saleI will provide support for the first month to answer any questions and make sure you have everything you need to run the business. This will include help with facebook/instagram advertising like what has worked well, how to structure advertising campaigns and basically all of the advice you need to hit the ground running and not have to do all of the testing and learning I have done again.
Product photosdropbox/already on the website
Mailing ListNot Included
How to grow this business
Great success was seen early on using a drop shipping model which has it’s benefits but i see huge potential in this website and brand for white label products and eventually unique branded clothing and yoga accessories. The business has a great name and is something customers gravitate to because it is yoga focused. Combine this with unique products and increased repeat business and I think the brand could go very far.
Skills to have
Good knowledge of social media marketing would be useful and also good curation of content to share. Apart from this it just requires dedication and time to focus on the details to keep a stress free brand and shopping experience.
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.