Toys & Hobbies Dropshipping Store w/ 31,000+ pageviews/mo ; $8,600+/mo profit
This store has been a clear winner since the start in Q4 last year! Operated since 30 Nov, 2016, and generated $253,545.07 in revenues.
Margin is 50%-70%.
What is included in the sale?
The website and domain name
The Facebook fanspage
The contact of the supplier (who is not on aliexpress) This one caters to your needs at once it is required. He doesn't ship with broken packages or no packages at all that most aliexpress suppliers do. This one resends and replaces broken parts or entire order immediately upon request with no extra fees.
Weekly product suggestions from the supplier. (I had never searched the products myself, I just used the products suggested by the supplier all the time. Which saves you a LOT of time. All you need to do is just to add the suggested products every week, put some Ads on FB or elsewhere, which will be taught in my guidelines, and you update the supplier with an order list everyday.)
The seamless workflow and operation guidelines.
Over 5,300 customers' details including contacts.
My secret own Facebook advertising and scaling guidelines which led to revenues.
What is required to keep the business operational? You must communicate with the suppliers and the customers very frequently. Don't use emails to communicate with the supplier, have him on some chatting app (which I would provide) so that you can have instant updates on some order issues. You must also reply to customers' questions through email or the online submission form. You can easily find some virtual assistants to do this for you. However, I suggest that you deal with the supplier YOURSELF and let the assistants deal with the customers. The supplier is the most unique asset here.
Why are you selling the business? I am recently into the very risky stock index futures market that require my full-time attention everyday, and this needs a larger amount of capital too.
How does the business generate revenue? By direct purchases from customers. You must have a Paypal account in good standing and a credit card gateway.
Are there any expenses for the business? If so, what are they? The product costs and postage, which are handled by the supplier. Advertisement expenses. Shopify fees.
What marketing initiatives have been used for this business? Facebook marketing. Organic posts.
How can the future owner improve the business? The future owner can try other marketing means including but not limited to instagrams and Adwords. There is a hugh growth potential.
Revenue includes sales until the end of last month and is calculated from Exchange’s eligible payment providers. Total traffic comes from all data available to Shopify.