(LONS) Leader of The New School is a hip Hop Fashion online store which sources products from Aliexpress via oberlo, We operate under the principle of imperfect information in the market, meaning many products at our store are offered extremely cheaply in the chinese market however often in big western pop and hip hop culture brands these same products have price adjustments of 400% the selling price of manufactures in china, We are offering products such as hip hop jackets, Dad Hats, track pants at what is believed to be the market value in western countries, which is usually still extremely affordable. As the price is scaled 400%, taking into account Facebook Adspend we expect profit margins of 50-30% depending on what type of products are most heavily advertised. we have an average Return on Adspend of 3 to 1 and a Return on investment of 2 to 1, which during holiday season usually increases to a 3 to 1 ROI.
LONS has a facebook page with over 20k likes and therefore followers of the page. and an instagram account that has been less active however stands at 1500 followers
Financials and traffic
As this is a part time job our profit fluctuates based on our Facebook adspend, for example if we have found a profitable ad to scale and if we are actively prioritizing LONS at the time. Profit you are likely to receive will also depend on your facebook ads skills or google adwords skills. This is basic knowledge that is required inorder to make profit. Influencer marketing for these products can be a very profitable route as well along with Google SEO if that is set up.
Average overall profit margin
Average number of sales/month
Total revenue for last 9 months
Total traffic for last 9 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.
Facebook ad cost very dramatically based on if a winning ad set is found that can be scaled and can insure profit.
with some Facebook ads knowledge and niche research and correct targeting it can be quite profitable. If you have passion of fashion trends and searching for new trending fashion to retail it can be very enjoyable work
How can the future owner improve the business?
More niche research finding new audiences and new best selling products
What work have you put into the store?
facebook page growth, extensive Website design work and Advertising work including graphic design and FB ads research
How many hours does it take to run this business per week?