Multi-Sector Online Retailer with Booming Social Presence
This global ecommerce retailer operates across 11 categories including Home Décor, Health & Beauty, Kitchen, Apparel, Pets, and more. They have distribution centers in North America, Europe, and Asia. With a highly polished Shopify website and a large social media following, this company drop-ships directly to customers. They offer top shelf products and carry no inventory, generating profit from the beginning. The business has the potential for further growth on Amazon.com. The asking price for this turnkey business is $325,000 with a cash flow of $124,800 and gross income of $359,000. It was established in 2017 and has one employee.
OPERATIONS
This ecommerce retailer operates on a drop-ship model, eliminating the need for inventory management. Most operational needs, including customer service, are handled by a well-trained virtual assistant. The business has achieved month over month growth and is poised for further scaling. With optimized PPC, SEO, and SEM campaigns, the owner can maximize return and reach wider markets. The business currently sells globally, offering high-volume, as-seen-on-TV items.
This business operates on a drop-ship model, allowing for low overhead and flexible scale. Distribution centers across North America, Europe, and Asia facilitate efficient and timely shipping to customers worldwide. The company works with reliable suppliers to ensure quality products and seamless logistics.
MARKETING AND KEY METRICS
The company has a significant social media following, with over 11,000 followers on Facebook. They have a highly successful Facebook campaign in place and running smoothly. Social media engagement is a key value proposition for this business, driving traffic to their Shopify website and increasing sales.
The company currently sells through its Shopify website and through social media channels like Facebook. There is a significant growth opportunity by expanding sales channels to include marketplaces like Amazon. Selling on Amazon can significantly increase reach and sales volume, tapping into a large customer base already familiar with the platform.
Key metrics for this ecommerce retailer include monthly revenue, customer acquisition cost, customer lifetime value, conversion rate, and average order value. Monitoring and optimizing these metrics can provide insights into the company’s performance and growth potential.
The customer base of this ecommerce retailer is diverse, ranging from individuals looking for home decor items to pet owners in need of supplies. With products across 11 categories, the business attracts a wide range of customers with different interests and needs. Building customer loyalty and driving repeat purchases are crucial for long-term success.
BUSINESS MODEL & RESOURCES NEEDED
The business currently has one employee managing operational needs, including customer service. As the company grows, additional hires may be needed to support increased demand and expansion into new markets. Finding skilled virtual assistants and customer service representatives in the ecommerce space is crucial for smooth operations.
THE INDUSTRY
The ecommerce industry is experiencing rapid growth, with more consumers shopping online than ever before. This shift in consumer behavior is driven by convenience, wider product selection, and competitive pricing. Examples of successful ecommerce companies include Amazon, Alibaba, and Shopify. These companies have revolutionized the way people shop and have disrupted traditional brick-and-mortar retail.
OPPORTUNITIES TO SCALE
The scale opportunities for this ecommerce retailer are vast. With a diversified product lineup, the business can continue to expand into new categories and target different customer segments. Additionally, expanding into new geographical markets and leveraging marketplaces like Amazon can drive further growth. The scalability of the drop-ship model allows for increased sales volume and market reach.
Asking Price: $325,000
Gross Income: $359,000
Cash Flow: $124,800
Year Established: 2017
Employees: 1
- Two Highly Profitable Sports & Fitness Ecommerce Brands For Sale - July 8, 2023
- Branded Ecommerce Company for Baking Goods - July 8, 2023
- Trendy Baby Fashion Retailer Ready to Launch - July 8, 2023
