The seller, experienced in website and graphic design, initiated a dropshipping venture to gain expertise in Facebook advertising. The store, launched in mid-May, witnessed a significant revenue surge in July, achieving $8,500 due to effective scaling of a successful product. July also saw 9,500 visitors, and the store boasts an impressive conversion rate of 3.5%, attributed to its professional design. The business solely utilizes PayPal for transactions, suggesting potential for increased sales with additional payment options. The seller highlights the store's scalability, quality product offerings, adept copywriting, and incorporation of video ads.
Currently, the seller dedicates approximately three hours per week to this store, describing it as a source of passive income. Focus has shifted to managing and scaling two other stores, limiting the time available to explore new products for this venture. The customer base is predominantly male, attracted to a trending product that holds further scaling potential. Financially, $4,500 was invested in Facebook ads in July, coinciding with a steady rise in sales and culminating in $8,500 revenue for the month.
While the seller views the website as a valuable platform for discovering and nurturing winning products, the decision to sell is financially motivated despite a personal desire to retain ownership.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More