Facts and Figures
|Month||February 2019||March 2019||April 2019|
We sell wholesale jewelry that we get from suppliers that costs about 1-10 USD per unit. Then we mark the products up 3-4x and drive traffic to the site. The traffic converts and we keep the profit.
How does your business make money?
We make money from selling jewelry.
Why should someone buy this business?
Going to keep this short and sweet
Bottom line is this store has made over $125,000 in the past 4 months and is proven to convert.
All you need to do is drive traffic to the site and you'll be making money.
How can the future owner improve this business?
Turn store into a complete white label brand that creates and sells its own products. This would separate it from its competitors and would be the start to a real brand. To begin, I would start by testing a multitude of products via drop shipping to see what the market is interested in.
I would also look at what my competitors are selling.
Then after testing products and extensive product research, I would find a supplier via AliBaba or another wholesale website.Then order the products to fulfillment warehouses or have them shipped directly to customers depending on shipping times. I would run ads via facebook. I would get as many lifestyle photos and content of the products possible and use those for the ad creatives. Then also go into some influencers on Instagram and other platforms. Also would have retargeting campaigns set up on google and facebook. Then just continue to grow the mailing list,
Why are you selling this business?I'm selling this business because I don't have the time to work on it because I am running other stores and working on other forms of passive income.
- Key Words Ranking
- Brand and Community Loyalty
- High Profit Margins
- Overall Market Size
- Low Acquisition Cost for New Customers
Opportunities for a new owner
- Launch New Products
- Start Selling into New Markets
- Improve or Outsource Operations
Key day-to-day operations
- Managing Staff
- Launching New Products
- Email Marketing
- Facebook Advertising
- Google Adwords
- Existing manufacturing relationships
- Policy and Process documents
- Relevant email accounts
- Social media accounts
- e-Commerce platform accounts
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
Hey I'm Max and I like to pursue ways to make passive income.
Obviously if your'e reading this right now you probably have some interest in making some moola too.
And this is a great place to do it.
Creating a brand from scratch can be time consuming and difficult.
Lucky for you, I put in that time and hard work and have created the foundation for a very profitable business.
I'm deciding to sell because I want to pursue other interests of mine like software.