I was able to successfully tap into the "mens jewelry niche", which is tough if you have researched it in regards to dropshipping.
I've built this store from the ground up and it's my baby, but I'm selling to spend more time with family and focus my attention on my other businesses. I stopped running ads for the store in April, during a family emergency.
I've handled everything on this store from product sourcing, seo, facebook and instagram ads, social media marketing, customer service, etc.
To consistently make $300-500 every month, all I needed to do was run $5-$15 a day ads on facebook/instagram a couple of days in a row, probably 10 days out of the month.
I would love to stay in contact with the new owner and provide insight/advice or answer any questions if that is something they are interested in.
Financials and traffic
The products are low cost so there are very nice margins, ad spend is also extremely low. This was all done on the lowest tier shopify plan, with only 10 orders a month. Each order yields roughly $50-$100 of profit depending on the product, so if you get a couple more orders every month, the possibilities are endless. You can see the steady upward trend since I opened the business, so with a new owner motivated to grow this "baby", 5 figures a month is only a couple hours of work away.
Average overall profit margin
Average number of sales/month
Value of inventory
Total revenue for last 6 months
Total traffic for last 6 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.
Subscriptions are not necessary whatsoever. I have them on there from when I was starting to test different apps.
(ie. Mailchimp, apps)
(ie. Adwords, Facebook ads, etc.)
For any further questions please send me a message/email.
Some inventory is kept on hand by myself for photography/marketing purposes.
If you want an established store to build on, that is already making reoccurring, easy revenue every month will very LOW costs, this is the store for you.
How can the future owner improve the business?
Better SEO, more time spent on email marketing, website design, and retargeting would definitely help the business. I spent little time on email marketing, SEO, and website design (storefront), and did zero retargeting.
What work have you put into the store?
I've built the store from the ground up and done everything in regards to the business. Design, product sourcing, SEO, marketing, ads, social media, customer service.
How many hours does it take to run this business per week?
What are your profit margins?
What sort of marketing do you do to promote the store?