Socksi sells the cutest socks and sock gift boxes around! We mostly focus on cute female socks, but we also have hipster-looking men's socks collection and a small kids collection. This is a dropshipping model and use Oberlo to manage. The kids products are based on direct messaging with the supplier and not through Oberlo. This is a great store that if I had more time (currently have an extremely demanding job at a startup - started after opening Socksi) I could have grown it aggressively to where it can and should be (high revenue and profit growth potential). Sad to let go of this creation, but hopefully the buyer will make something great out of Socksi.
Financials and traffic
Total revenue for last 10 months
Total traffic for last 10 months
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.
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Q & A
Why should someone buy this store?
The store already proved that there is demand. The products look amazing and get very positive responses. There store is fully set up, great relationship with the supplier, ready for the holiday season, there's already a positive social media following and world class Facebook ad campaign setup.
How can the future owner improve the business?
Expand into other suppliers, primarily for the kids collection. Also, have more capital before for the holiday season to get closer to fulfill the stores potential. Finally, improve the organic social media management and growth, primarily by getting influencers on board.
What work have you put into the store?
Created and setup the store, found a reliable supplier with amazing products, setup the user acquisition structure and automated abandoned cart, customer support, hired a social media manager that made a photoshoot for the products and managed the community, and made sure there are no inventory synch issues.
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