Handbag-Addict.com offers over 2000 women's handbags, wallets and accessories. The store was created in May 2015, and is in the top 6% of website traffic for stores opening in the same week.
Handbag-Addict.com offers a wide variety of private label brands as well as more well known brands of women's handbags. Brands like well-known Montana West and Emperia Outfitters, provide a wide variety of leather, vegan leather, and popular concealed carry handbag styles. These can also be sold on Amazon, Walmart, Pinterest, Wish and other multi-channel marketplaces .
NO INVENTORY INVESTMENT
We have a wholesale partner who dropships every order for every brand on the site. They will continue to work with the new person who takes over the website. This means there is never any out of pocket COGS for you- the customer pays for every transaction including shipping. Our dropshipper is notified via email of every order and forwards tracking information for you to update on Shopify. The site is literally free money. Average net profit per order: $20-$25. So per sale profit is very healthy. We also have relationships with a large gun range which places very large wholesale orders every quarter. This is another income stream you can develop with additional gun ranges across the country for the concealed carry handbags.
SOCIAL MEDIA GROWTH OPPORTUNITY
Social media is a huge opportunity for this site. Current mailing list is around 1200 customers. Social media is currently very underutilized (due to lack of time and skill) and presents a great opportunity for someone experienced in leveraging Facebook, Pinterest, & Instagram to increase customer interaction and engagement. People love the products and leave consistently positive reviews.
WHY ARE YOU SELLING??
I am selling the business because I don't have time to manage inventory and keep the site updated. I own two other businesses and want to focus on the other two. For inventory management, you can use Fiverr.com and hire someone to update quantities and the homepage sliders on a regular basis for you.
The site currently generates approx $2000/mo without any advertising whatsoever or social media engagement. If these things are improved/increased, revenue will undoubtedly increase as well. Past 12 mo revenue: $19,298. Traffic: 32,497.
Additional questions? Please feel free to email me: firstname.lastname@example.org
Revenue and traffic data is calculated using the data available to Shopify