This is a fairly new dropshipping store producing a high conversion rate with only 1400 visits and over $1000 dollars in sales as well as a high profit margin (around 70%). This is a fairly auto pilot business and very beginner friendly. Every thing is set up for the new owner to start making money!
The Coastalise online shop is an exclusive selection of women's and men's ready to wear accessories for Ocean Enthusiasts. Examples are our 'Save Sharks Bracelet' and the 'Coastalise Wave Ring.' For this business I have grown a loyal following on Instagram (5.8k followers). I have added many products with enticing descriptions, installed and optimized all the necessary apps, established connections with Instagram Influencers and designed and posted ads with them. I have also made a complete FAQ and About Us page with a Gmail business email.
I originally started this store in the school holidays in November 2017, but cannot continue due to the stress and work load of school. I am very sad to let this store go as their is so much potential.
Financials and traffic
Selling, promoting mainly bracelets, they are around $3.00 to buy and ship, and my average order value is $13.00. The average profit is a calculated for November to the end of December as from the start of January I did zero work on the store (due to school reasons)
Average overall profit margin
Average number of sales/month
Total revenue for last 10 months
Total traffic for last 10 months
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.
The only extra expenses included are a review app at $8 and the Gmail business email at $5
Everything is set up for you to start making money! This store has a high conversion rate (over 5%) as it is in a pin point niche with many Instagram Influencers to advertise on and a large and loyal Instagram following (5.8k). It has a clean design with descriptive and enticing product descriptions. I have made a complete FAQ and About Us page with a Gmail business email. The basic apps are installed with little extra fees. Overall a consistent money making store.
How can the future owner improve the business?
Not much really, adding some extra products that they like, or just sticking with the ones included that work well, constantly posting shout outs with large Instagram pages, and maybe move into Facebook ads.
What work have you put into the store?
I have added 15 products with enticing descriptions, installed and optimized all the necessary apps, established connections with Instagram influences and designed and posted ads with them. I have also made a complete FAQ and About Us page with a Gmail business email.
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