Very little expertise required. Would suit a complete beginner or experienced business owner.
The business makes money through the 'drop shipping' model selling products that are supplied by high quality manufacturers and suppliers who ship the products directly to customers who purchased from the website. No actual stock is held by the business. All that is required to manage and maintain this business is customer service and support. Ordering from the suppliers and having items sent directly to your customers takes about 5 – 10 minutes per order. It’s as simple as purchasing the item from the supplier, adding the delivery address of your customer and the supplier will do the rest.
You can manage this business from anywhere in the world, all you need is a laptop and access to the store back end, from which you can use apps to access the suppliers etc.
From small growth of the site, a potential owner could potentially see significant increases to their monthly income.
What is included in the sale?
- Website ready to go with highly unique branding, with large sales potential and considerable marketing prospects.
- Domain, currently hosted with NameCheap.
- Range of efficiency boosting Shopify apps, expertly chosen for profit maximization.
- Uniquely and highly branded Instagram profile with over 12.7K followers ready to be marketed to.
- Social media handles for other platforms including: Twitter and Snapchat, for which marketing can also be targeted to.
- All logo files and other related designs. - Advertising videos, some directed towards Instagram. - Lifetime access to GrowSumo Shopify app with increased level of features (From negotiation, highly unique aspect to this business) Allows for the business to reach out to potential influencers and allow for affiliate sale tracking. Essentially FREE marketing for your business through people who will promote for you via social media in exchange for a percentage of sales generated. $100+ per month value if purchased separately. You will receive this for lifetime FREE. What is required to keep the business operational? - Marketing spend. Facebook ads recommended, Instagram ads and possibly Snapchat ads. - Highly recommended for the owner to use the existing setup for affiliate marketing potential through the bespoke GrowSumo tracking feature. - Existing leads with influencers on Instagram via direct messages. Influencers are ready to promote our products, just waiting for a suitable agreement. E.g. 15% of sales generated from the promotion. Most influencers have around 20k followers. THIS IS ENORMOUS EXPOSURE POTENTIAL. Why are you selling the business? - Working on new projects and also it is a hobby to create potential successful online businesses. - Have been creating many over the past year and I am not beginning to sell these businesses to the correct people who have the potential to make these businesses a success long term. - Will only sell to the correct person.
How does the business generate revenue? - The business generates revenue through Drop shipping. I.e selling existing products which are on Ali-Express (a large Chinese export marketplace) and marketing these on the site. - When a buyer buys the item from our site, we process the sale via the Shopify drop-shipping automation app Oberlo. - We keep the difference between our selling price and the suppliers price. - The suggested profit margin is from 50%-100%
Are there any expenses for the business? If so, what are they? - Monthly subscription to Shopify basic: $29.00 - Currently on dormant plan $14
What marketing initiatives have been used for this business? - Social media promotion to create brand awareness for when new owner takes over, people will have already been exposed to some influencer ads, meaning future marketing will be more successful. - Catchy and stylized brand name helps to boost brand image of luxury and high quality.
Customisations To Theme - Turned off right click functionality to try to prevent image theft and copyright infringement. - Turned off drag and drop and highlight, copy and paste functions, all to prevent copyright infringement. - Automatic delivery estimate calculated on product pages
Feel free to message me about any questions you may have.