A 19-year-old based in the Netherlands, is managing an e-commerce business alongside academic studies. The business focuses on offering a range of exclusive lamps at competitive prices through unique marketing strategies. The company enjoys high demand and offers potential for growth, particularly in expanding the product line to include furniture and other household items. Strengths include low prices, high quality, and an attractive marketing approach, with opportunities in product expansion and branding.
Operations are handled efficiently, with order fulfillment taking 2-4 hours a week via a third-party service, customer service requiring 1-2 hours weekly through a virtual assistant, and marketing being the most time-intensive task at about 15 hours per week, focused on Facebook and Instagram advertising. Total weekly commitment ranges from 18 to 21 hours.
The typical customer profile is individuals aged 25 to 54, with an average order value of €280. Financially, the business generates a revenue of €38,115.24, with costs amounting to €15,841.50 for goods and €7,382.13 for advertising, resulting in a profit of €14,891.61. The business operates year-round as an "evergreen" venture.
Further clarifications on financial details can be provided through a video call, with the seller open to discussions to ensure transparency and understanding of the operation.
Hi my name is Timothy Danjou ,
I live in the Netherlands an am 20 years old. I have be...
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