Dragonfly Jewels is a beautiful jewelry & accessories shop that offers quality items at affordable prices. Not sure why Exchange is showing $824 in revenue, actually revenue is $2,000+ in 60 days! Happy to send any inquirers a video of the actual numbers of the store. Screenshot is attached below.
Financials and traffic
Average overall profit margin
Average number of sales/month
Total revenue for last 7 months
Total traffic for last 7 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.
There's incredible potential for growth with Dragonfly Jewels. We've found a winning Facebook Ad and Instagram Influencer strategy that brings in consistent sales and has generated over $2,000 in revenue after only being open for 2 months. There's already a "winning" item in the store that basically sells itself.
How can the future owner improve the business?
Here's how to grow the store to 10k a month easily
1 - Utilize Facebook Lookalike Audiences. We have built up a bunch of Pixel data over the past 2 months and we began using Lookalikes recently and sales were significantly increased. I would focus more on LAAs going forward.
2 - Instagram Influencers. We have built up a solid list of "go to" influencers that have consistent shown to bring us a positive ROI. Promo posts cost around $20 and can bring in hundreds in sales in a day.
3 - Email marketing. We have a 900+ email list that we've only began using recently. We have an abandoned cart retargeting campaign that does well, and we try to introduce new products to customers at least once a week. Ideally you'd want to be doing this 3x a week.
What work have you put into the store?
I built this story myself
Sourced all the products
Found reputable suppliers
Made sure their were sufficient and positive customer product reviews
Built and launched every single Facebook Ad campaign
Built up a list of profitable Instagram influencers
Make custom video ads/image for Instagram and Facebook