SweetEcho Baby is full of upside. We launched this store the first week of June and have seen incredible success. It was reported to us by Shopify on 7/21/17 that our store traffic is in the top 3% of all stores that launched the same week as us. Unfortunately, our time is now limited and we are focused on other things and don't have the time needed to invest in this little store. We are hoping the right buyer can come in and take this thing to the next level. With peak retail season right around the corner (November - December), this could be a great investment.
As a drop shipping store, we have no physical inventory and use AliExpress to process and ship customer orders. We have automated the entire ordering process and it now takes only a few clicks. We've also tested many apps and have found the ones that lead to conversion. We've also automated the abandoned cart email process and have seen many recovered carts due to those efforts.
A lot of research and insight has gone into the current product lineup and we've only selected high quality vendors that ship using ePacket which minimizes shipping time to 12- 20 days. We have literally spent 100's of hours writing custom descriptions and custom sizing charts for each product on the website. We have added 229 products with custom descriptions and custom branded sizing charts.
We also have a growing Facebook page (currently 1,050 followers) that is included as well as all the creative and photos we've used for ads on our Facebook ad account and any templates we've created for the artwork. We would also include the logo artwork files. We are happy to provide answers to whatever questions you might have for up to a month after the sale. Also as part of the package we'll include the Facebook ad account which has over 120 sales that have been tracked by the Facebook Pixel. We also have an Instagram page that would be part of the transaction in addition to a gmail account for managing emails and customer service enquiries.
We are asking $3,500 because this site positioned for success and from our limited research, June and July generally aren't great months for eCommerce baby stores and we've still managed to do accomplish a lot. We believe there is nothing but opportunity for this little business and believe a 1.2 multiple on revenue is fair given the amount of time and effort that has been put into the store and the upside that can be realized by the right buyer. We have not ran any ads in the month of August (thus why the decline in Sales) mostly because we were waiting for the 90 day 25% of revenue Shopify reserve to be released.
For any questions, please contact us at Hello@sweetechobaby.com.
Revenue and traffic data is calculated using the data available to Shopify