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$3,300 USD

Tipsy Bangles

tipsybangles.com

Appears in Fashion and apparel , Australia, Queensland, Oberlo stores for sale, Business and Franchises under $5,000, Dropshipping, Lifestyle, Home Business for sale

General description

I founded Tipsy Bangles last October as a means to earn residual income while attending full time University. The first couple of month where quite experimental as I attempted multiple products, website designs, shop types and advertising methods until I finally settled on the store on offer as it brought the desired results.

The store is low maintenance making use of Ali express drop shipping and a singular product with multiple variants is on offer from 2 suppliers. The current product mark up is 80% and the business is active on 2 social platforms, Facebook and Instagram - Instagram being the predominant force. Due to a low budget which did not accommodate experimentation, I did not make use of Facebook advertising for sales however boosted posts and engagement campaigns where ran for social proof. A list of 13 Instagram influencers within $10 - $170 per post range were utilized to achieve the store results below. I have operated this store full time ( 6hrs per week) for an 5 month period and part time (1hrs per week) for 3 months until the decision to shift focus was taken. Our relationship with influencers has never been turbulent, with influencers being very flexible with demands and prices. We have a healthy list of 500 email subscribers which shows potential further growth if an improved CRM (Customer Relationship Management) plan is implemented.

The reason I am selling this store is to acquire capital and free up time for an Amazon FBA and affiliate marketing business that is under development with 2 associates, as I am also a full time international student, I cannot appropriate enough time for all 3 challenges.

Financials and traffic

the calculations take into account cost of product, advertising, operating expenses e.g. Shopify & refunds

Average profit/month

$320 USD

Average overall profit margin

80%

Average number of sales/month

16

Total revenue for last 12 months

$4,609.00 USD

Total traffic for last 12 months

16,713 Sessions

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.

Business Expenses

Instagram influencers within $10 - $170 per post.

Expense item

Cost

Shopify plan

$43.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

tipsybangles

Instagram

tipsybangles

Newsletter list

500 subscribers

Q & A

Why should someone buy this store?

Extremely low maintenance due to drop shipping, the store sells a niche product that is still catching traction and industry is open to innovation.

Running costs for the store is relatively low.

How can the future owner improve the business?

Multiple advertising methods can still be utilized such as Facebook and reddit advertising. Improved store design, customer relationship management and social media plan could drastically improve store results.

What work have you put into the store?

Images, theme purchase & design, video content & written text.

How many hours does it take to run this business per week?

6 hours

$3,300 USD

Message store owner

Store images

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