Revolutionize Your Business with a Subscription-Based New Product Finder Service
This subscription-based business provides a unique service for eCommerce entrepreneurs and owners. It helps users find products that are best suited to their online businesses, offering in-depth analytics and marketing options. With a two-tier membership platform and consistent revenue, this business is projected to see 150% YOY growth. It requires minimal time commitment and is completely portable, making it an attractive opportunity for entrepreneurs.
OPERATIONS
The business operates on a subscription-based model, offering a catalog of products and services to its members. It utilizes automated systems to run efficiently, requiring less than 1 hour of owner involvement per week. The business is completely portable and can be operated from anywhere in the world.
The business helps eCommerce operators by providing sourcing and supply chain needs. It assists in finding products that align with their online businesses.
MARKETING AND KEY METRICS
Currently, the business has seen strong growth with little marketing investment in terms of PPC, SEO, or social media. With over 40,000 established clients, this business has built a solid customer base through word-of-mouth and organic growth.
The business has achieved consistent growth with its existing sales channels, which primarily involve word-of-mouth and organic customer acquisition. With an expanding customer base and projections for 150% YOY growth, there is potential for further sales channel expansion through targeted marketing efforts and partnerships.
Key metrics for this business include monthly recurring revenue, customer acquisition cost, customer churn rate, and average revenue per user. These metrics help measure the business’s financial health and growth potential.
The business’s customer base consists of eCommerce entrepreneurs and owners who are looking to find products best suited to their online businesses. These customers value the convenience and expert recommendations provided by the business. They are typically seeking ways to increase the profitability and success of their online ventures.
BUSINESS MODEL & RESOURCES NEEDED
The business currently has 2 employees. These employees handle the day-to-day operations, customer support, and product sourcing.
THE INDUSTRY
This business operates in the online subscription-based service industry. It caters specifically to eCommerce entrepreneurs and owners, providing them with a product finder service and in-depth analytics. Similar examples in the industry include subscription-based software services, membership platforms, and marketing analysis tools for online businesses.
OPPORTUNITIES TO SCALE
Opportunities for scaling this business include expanding marketing efforts to reach a wider audience of eCommerce entrepreneurs, exploring partnerships with influencers or industry experts, and offering additional premium services or add-ons to increase revenue per user. By continuing to provide value to its subscribers and adapting to market demands, the business can tap into the growing eCommerce industry.
Asking Price: $599,000
Gross Income: $261,225
Cash Flow: $239,357
Year Established: 2017
Employees: 2
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