This business operates using a dropshipping model through platforms such as AliExpress and Oberlo on Shopify. Products are not kept in stock; instead, items are purchased from a third party upon a sale and shipped directly to the customer. Responsibilities for the new owner include marketing, order fulfillment, social media management (primarily Instagram), and overseeing customer support via a virtual assistant (VA). The business currently requires 2-3 hours of work daily, which can be reduced by hiring an additional VA for order fulfillment. Ideal candidates would benefit from prior experience in dropshipping and Facebook advertising, although the current owner will provide comprehensive support, including effective ad strategies.
The business generates income through Facebook ads, directing traffic to the website where customers purchase products. Orders are fulfilled via AliExpress with Oberlo, and profit is made from the margin between revenue and expenses, which currently stands at about 28%. There's potential for higher margins by integrating a better payment processor. The email list holds 7,758 contacts, with a majority consenting to receive promotional materials.
Transactions are made challenging by the business's location, where service limitations and high currency conversion fees pose hurdles. Additionally, payment processing issues affect sales conversion rates due to declined transactions by foreign banks. Relocation to a more supportive environment has led to the decision to sell.
The business suits someone experienced with Shopify and Facebook ads, aiming for passive income. Assets include brand resources, customer databases, domains, marketing collateral, and social media accounts, with robust support offered post-sale. Instagram leadership is notable with 31,000 followers, marking a substantial online presence.
I have been in e-commerce for 3 years now, running several successful dropshipping and ...
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100.0% positive feedback
1 transaction totalling USD $14,000
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