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Facts and Figures
Selling/Dropshipping stuff online. Selling worldwide but about 90% USA customers.
Dropshipping is pretty easy (as compared to other business) once you found the winning products and the ideal audience.
You don't need to keep inventory, you don't need to do things manually (like packing the products and and sending it to carriers) as it can be automated.
What you need to do manually is customer service like answering emails, managing comments on social media. But all these can be outsourced by hiring a virtual assistant
All you need is a few hours a day to monitor performance specially ads, although this can be outsourced too, i prefer do it my own
How does your business make money?
This is dropshipping store.
Publish products on your store, by using pictures or videos of the product even if you have never seen or touched it.
Price it on your store 2 to 4 times the product cost.
When customers buy from your store and pay you, use their money to buy the product form your supplier and your supplier will send it directly to your customer. your mark up will go to your pocket.
Why should someone buy this business?
When you buy this, you will start earning immediately. compared to starting your own business with lots of trial and error, uncertainty of profits, lots of hardwork and headaches.
Why not invest your money on a business that is already established and earning consistently.
How can the future owner improve this business?
If you want to scale up and continue to grow, don't be confident with your current selling products and continue testing other products, testing on advertising other products all the time.
sell other products,
and increase budget on advertising to get more sales
Why are you selling this business?.
- Evergreen Niche
- High levels of Automation
- High Profit Margins
- Large Customer Database
- Lots of Repeat Customers
Opportunities for a new owner
- Launch New Products
- Improve Current Marketing Efforts
- Improve Customer Service
Key day-to-day operations
- Customer Support / Service
- Launching New Products
- Order Fulfilment
- Email Marketing
- Facebook Advertising
- Google Adwords
- Customer databases
- Existing manufacturing relationships
- Social media accounts
- e-Commerce platform accounts
Post sale support
This is support provided by the seller when transitioning the business to a buyer.