Facts and Figures
|Month||June 2019||July 2019||August 2019|
Note: Traffic data was provided on 08 September 2019. Enquire for more recent data.
LXRY Tech was setup to provide high quality premium accessories for people who buy premium technology and gadgets.
I started this as I realised that we spend thousands of dollars on our gadgets, but the only accessories available on the market are cheap and nasty.
So I have searched for trusted suppliers that will dropship only high quality products to my customers, think Genuine Carbon Fiber, Electroplated Silicone and even a diamond case :)
This strategy has helped me separate my store from the hundreds of other dropship stores who sell tech accessories of the cheap and nasty items.
Since launch we have sold over 100 products in over 10 different countries.
We now have over 3500 followers on instagram, 200+ email list and a really strong Facebook Pixel
How does your business make money?
This is a dropship store, we make money by selling tech accessories online via the Shopify platform, then we send the order to our supplier who sends the item directly to our customers.
Why should someone buy this business?
This isn't your typical fly by night Dropship store, it doesn't just rely on facebook paid advertising to make sales.
I have built a strong Instagram following of over 3500 followers and awesome engagement (now over 100+ likes on every post) and I have a number of influencers who are promoting my products - this ie FREE traffic that is making sales now.
The email list has been built now with over 200 subscribers, PLUS the following email automations via Klaviyo;
- Cart Abandonment
- Welcome Series & Thank you emails
- Browse Abandonment
- Exit intent popups to capture emails
This all happens in the background and is sending out emails as they are needed!
Plus, Google Shopping is setup and we are already winning for some great products.
This store really is a great kick start for someone who wants to not worry about the setup and wants a side income.
Why are you selling this business?I've really enjoyed running this business, and it truly is a regretful sale, its really starting to get some traction and the next buyer is going to really see the upside of this traction. I have to sell however as I have had a new opportunity that has come up that requires additional investment, so I need to sell off some of my assets and this business is one of them.
- Brand and Community Loyalty
- High Profit Margins
- Low Time Commitment Required
- Outsourced Order Fulfilment
- Scalable Business Model
Opportunities for a new owner
- Launch New Products
- Capitalise on the Emerging Market
- Increase Basket Size Per Customer
Key day-to-day operations
- Customer Support / Service
- Launching New Products
- Order Fulfilment
- Email Marketing
- Facebook Advertising
- Google Adwords
- Brand assets
- Customer databases
- Marketing materials and collateral
- 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
My name is Brendan and I’m an ecommerce expert with over 10 years experience in working in ecommerce.
I have run brands' ecommerce businesses all over the world and currently trade millions of dollars for global brands online.
I like to build my own ecommerce businesses, buy and grow existing ecommerce businesses, and support and mentor the wider ecommerce community.