"Founded in London in 2017 as an online retailer of designer jewellery and watches. We have a strong passion for unique quality and work very hard to bring you elegant, classic, fashionable and fresh styles for the new generation. Our jewellery and watches are sure to garner compliments and everyone is guaranteed to find the perfect ones to suit their individual style. Receive beautiful, striking quality, without the major price tag!"
I am selling the store because I have another business I am currently running and do not have the time to run both. For the past couple of months I have pretty much abandonned this store and would like someone to take it off my hands and continue working on it. You could make a lot of money with it. It says it is worth 3,000 USD but I am selling it for 900.
Financials and traffic
Depends on how much you promote it. I only created the store in December 2017 and have not been promoting it as much as I could have.
Average overall profit margin
Average number of sales/month
Total revenue for last 7 months
Total traffic for last 7 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.
I think jewellery is one of the best store niches out there and the quality of the jewellery I dropship from Aliexpress is surprisingly great. With the right advertising, this store could truly blow up. Profit marins are extremily high. You will find jewellery on Aliexpress for around 2-10 usd and they are sold on my store for around 40. And they do indeed sell. The profit margins are all very high while still being at a price that makes sense (according to research). The quality also matches and I know that because I have ordered a good few of the products I sell in order to test the quality. This store truly has potential. A top seller for the store would be the rose necklaces. I make around £20 in profit for each of those necklaces. Sometimes I also do free plus shipping for the basic rose necklace with a shipping price of £8.99. I am able to make almost £200 in revenue from this with a single £30 Instagram promo. Who ever buys my store, I will let you know the best Instagram pages I have used for promo. This store has potential to make hundreds or even thousands a month, I just havent been promoting it as much and I am working on something new. It says I could sell this for 3,000 but I made it less than half of that because you make the most sales from ads and that will cost you a little more. You will also recieve the Instagram page with 9.9K followers.
How can the future owner improve the business?
Everything is set up for you. I have also added pages of relavent information for example a size guide and jewellery care so there really is nothing much you need to do in order to improve the store. It also has an Instagram page with around 9.9k followers. All you need to do is promote it and the money will start rolling in. However, I would reccomend you adapt it to special occasions for example Valentine's day by adding offers and changing up the images a little.
What work have you put into the store?
I have put in so many hours into the store to make it different, better quality and to make it stand out because i have a free theme. Every page you need for a jewellery store is there and is a result of the hours of research I have put in. I have also used some coding for the product pages in order to make them look different from others. With coding I was able to re-order certain information and add a tabs feature. I have also spent hours generating reviews, editing them and selecting only the best pictures for each review. The reviews help increase conversions. Each and every product has a carefully written, unique product description with carefully selected product images. Most of them I had to find myself somehere else because the ones Aliexpress provided did not look as good.
How many hours does it take to run this business per week?