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$4,999 USD

Fame & Fragrance (SALE - REDUCED FROM $7500)

fameandfragrance.com

Appears in Health and beauty , Canada, Ontario, Business and Franchises under $5,000

General description

Fame & Fragrance is a perfume, cologne & fragrance retailer. We provide reputable, name brand, designer fragrances at competitive prices. We have over 5000 active SKU's with many more available from our well established and trustworthy suppliers.

Financials and traffic

20-50% profit margins. Our profits and margins vary per SKU. In order to remain competitive in our space we have priced our products accordingly based on other online fragrance retailers, hence the fluctuation of our margins from one SKU to the next.

Average profit/month

$300 USD

Average overall profit margin

30%

Average number of sales/month

3

Total revenue for last 5 months

$934.00 USD

Total traffic for last 5 months

758 Sessions

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.

Business Expenses

We have just recently had our soft launch of this site. Currently our ad spend is next to nothing. Increasing the ad spend to a healthy per day budget will drive customers to the site and ultimately increase conversion and sales.

Expense item

Cost

Shopify plan

$29.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

fameandfragrance

Instagram

fameandfragrance

Twitter

fameanfragrance

Newsletter list

9 subscribers

Social media followers

11 people

Q & A

Why should someone buy this store?

Are you looking to earn some extra income, easily, and without the need to educate or "sell" your products to customers who are unfamiliar with what you have to offer? Are you passionate about the beauty industry or have a decent sized social media following? This is the perfect opportunity for you! Fame & Fragrance is a drop shipping business model with limited expenses and a large selection of items to offer. Its simple: 1 - Drive traffic to the site. 2 - Receive orders. 3 - Fulfill orders. 4 - Collect your profit/earnings! Its that easy. One of the best parts about this model is the low cost to operate and low over head. You have no physical inventory to tie up your funds or worry about having to store it. Another great aspect of this business is how well known the brands and products are. All of the products available on our site are well known and reputable in their industry. You won't have to worry about educating a potential customer on the quality of these products. Most people who are shopping online for fragrances know exactly what they want and do not need any assistance in making a decision. This will reduce the conversion friction from a prospect/lead to a happy satisfied customer. We are also a socially responsible company and have built this aspect into our name and business model. For every item we sell we will donate 3 meals to those experiencing hunger in the United States or Canada.

How can the future owner improve the business?

This store truly is a turnkey operation. Everything is done and ready to turn this site into your own personal cash generating money tree! All that is required to improve this business is to direct traffic to the site via your social media following, or if you do not have many followers, paid advertising such as Facebook Ads, Google Adwords, Instagram Ads, etc. Additionally there are hundreds, if not thousands of other items available from our suppliers just waiting to be added to our site. New fragrances, candles, beauty products, aroma therapy and much more!

What work have you put into the store?

I have worked tirelessly on this store to bring it to where it is today, perfecting any small detail along the way. I started out with an idea. I then contacted suppliers and began the venture. I had to obtain specific documentation in order to get approved for wholesale prices from our suppliers. I have set up wholesale accounts with 3 well established, reputable suppliers (1 main supplier & 2 secondary backup suppliers). I picked and purchased the theme and worked closely with the developers to customize/modify the website design and layout. We have mega menus, beautiful, inspiring content, ajax live search functionality, etc. All optimized for both desktop and mobile browsing. I spent 160hrs (+/-) editing and setting our prices one SKU at a time. I chose to do it this way instead of a bulk editor to remain competitive in our market. I would look at our competitions prices and our wholesale costs and adjust and set our retail cost accordingly. Hence the fluctuation of margins from one SKU to another. Many online shoppers are very price conscious and this ensures that we remain competitive. Along with our competitive prices, the social aspect of our business will help potential customers in making a decision to buy from us instead of someone else. They get what they want at a good prices while also knowing they helped feed individuals in need. Its a win-win everyone! Many consumers now days want to support and spend their money with business who are doing more than just make profits. Giving back will help differentiate us from the competition.

$4,999 USD

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