$100 USD

Novelty Wallets & Purses

noveltywalletsandpurses.com

Appears in Starter stores , Competitively priced, Printful stores for sale, Oberlo stores for sale, Dropshipping, Print on demand, United States, Georgia, Home Business for sale

General description

I decided to start the business in order to gain additional income. I had been hearing about drop shipping for about a year & decided to pursue it. I researched my niche & product type for about three weeks & decided to go with novelty wallets & purses. I felt I could create value where there wasn't any offered. My creation of value focused on products tailored for millennials & curated by millennials. My products were featured in places millennials frequently visited: social media pages. The ultimate goal was to provide options to corporate brands. 
I ran the business for a short while: 48 days. I created the store and sourced my products from Aliexpress & Oberlo. There are 3 social media accounts connected to my store - Facebook, Twitter, & Instagram. I could try to transfer ownership of the pages, but it would be easier to shut my pages down and create your own as they are connected to my personal social media accounts. 
The business model I used for my store was the dropshipping model. I carried no inventory. Instead, I transferred customer orders automatically to my supplier through Oberlo who fulfilled the orders. There is also one domain that will be included in the sale: [REDACTED]
I've put quite a bit of work into the store. The setup of the store is completely done. I set up a few payment options as well as multiple apps to optimize the business. I also designed the layout of the store as well as curated awesome products using Oberlo & Aliexpress (I also used [REDACTED] to determine if products were good enough to sell). On the backend, I've created Pages on my site telling my story. I also created social media pages to spread the word about my store. 
To attract customers, I took a class about dropshipping on Udemy in order to learn how to set up my store. By doing so, I also learned about Facebook marketing & email marketing. I set up Facebook advertising as well as setting up email marketing with the Klaviyo app. 
The cost of customer acquisition is as follows:

Cost of product + Product Shipping + Taxes + Discounts (15%) + Marketing (7%) = Total Product Cost. After doing research, I decided to include to markups to help cover the future costs of my discounts and my marketing. I went with 15% and 7%, respectively. I have no recurring customers at this time.

CEO of Novelty Wallets & Purses

Aquilius D.

What’s included in the sale

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

Social Media

Twitter

noveltyWAP

Newsletter list

0 subscribers

Social media followers

1 people

Features

Products

16 products

Apps

3dd87416a3b1e12a9ef3604aaaaf4d1e

Printful - Printing & Warehousing

  • No need to stock inventory, buy equipment, or pay monthly fees
  • Integrates easily with your store – all orders are automatically sent to Printful for fulfillment
  • Access to designers, photographers, white label service, and hundreds of product choices
B1983a5240f536f4369a3e5861489e9c

Oberlo

  • Easily import dropshipped products directly into your store
  • Have your orders shipped directly to your customers
  • Know that your inventory and prices are always up to date
1333a1b83ccdf7a7a55dbcbab2f5cff4

Kit

55adb9e9e1bda6ab0656fab1bff04e67

Sales Pop by Beeketing

F3d61c764a54b22aed51cd1cc31b5a74

Privy - Free email popups with exit intent

635cce572624d1086ac37403cf25b5ee

Free Shipping Bar by Hextom

+ 9 more...

Q & A

Why should someone buy this store?

This store is all set and ready to go. Why wait? The products are ready. The site is ready. Are you?

How can the future owner improve the business?

To improve the business, the future needs to advertise to the right people.

What work have you put into the store?

I've put quite a bit of work into the store. The setup of the store is completely done. I set up a few payment options as well as multiple apps to optimize the business. I also designed the layout of the store as well as curated awesome products using Oberlo & Aliexpress (I also used Thieve.co to determine if products were good enough to sell). On the backend, I've created Pages on my site telling my story. I also created social media pages to spread the word about my store. To attract customers, I took a class about dropshipping on Udemy in order to learn how to set up my store. By doing so, I also learned about Facebook marketing & email marketing. I set up Facebook advertising as well as setting up email marketing with the Klaviyo app.

How many hours does it take to run this business per week?

15 hours

$100 USD

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