This listing is for a dropshipping business created in March 2017 in the lifestyle niche. The Shopify site features a range of products associated with spirituality. Social media is important with over 88K Facebook followers and over 10K followers on Instagram. Over 15% of visitors are returning visitors. The business also has a large email list of over 65K subscribers. The Seller has done CRO on the site and it converts in the high percentile.
The main traffic source is Facebook ads. Instagram ads also contribute to sales. There is an email capture system place that directly integrates with the email software and is being monetized every day with several flows in place. The Seller has also recently set up Google Shopping Campaigns as well as using the Search and Display Network. The Seller has recently installed the Pinterest Pixel and created a well-built Pinterest account with all the boards and pins set up. These are opportunities for the Buyer to expand upon.
*All orders are shipped directly from the suppliers. One dedicated supplier handles 80% of the orders so processing and shipping times are as fast as possible. The other suppliers are for items that are not hot sellers.
*The Seller believes the year on year decline from May through August was due to not repeating the same successful promotion of the year before. The product of 2017 was ordered in multiples and the cost was low, leading to high profits.
Average Monthly Revenue: $103,082
Average Monthly Expenses: $90,824
Average Monthly Net Profit: $12,258
* We are using the last 12 months to determine the averages.
Assets Included in Sale
Included in the sale of this business are:
The Seller currently spends around 20-25 hours per week:
Reason for Sale
The Seller has two other stores they are actively involved in and is starting another store that needs their attention.
Sale Pending: No
First Seen: Wed, Sep 26th 2018
Last Updated: Sat, Dec 8th 2018