Over 2 year old ecommerce business in the artistic & automotive industry that earned $24,172 of revenue and $8,970 profit in February with digital products.
The ecommerce business, founded by a young entrepreneur in Portland, Oregon, specializes in custom digital drawings of various vehicles. Originally launched in January 2020, the business initially focused on physical print-on-demand products but transitioned to digital-only offerings in mid-2020, spurring global sales growth. A significant increase in sales occurred in August 2021 with the addition of new artists and expanded drawing styles, leading to a 2.5x sales boost. Further team expansion and increased ad spending in February resulted in revenue reaching $24,000, with a profit margin averaging 43% over the past year.
The business model caters to vehicle enthusiasts who request custom digital drawings for purposes such as clothing prints, company logos, and social media content. Customers submit photos via the website, which are then processed by virtual assistants and assigned to artists, with final artworks delivered via email.
The operational system is highly efficient, supported by virtual assistants managing order fulfillment, customer service, and social media. The business requires minimal owner involvement, primarily focused on maintaining Facebook ads, paying artists, and providing occasional guidance.
Current marketing strategies include consistent Facebook advertising and email campaigns, with substantial growth potential through increased ad spending and artist team expansion. The sale includes various digital assets, including the website, accounts, and a comprehensive Google Drive file.
The business is being sold as the owner shifts focus to a new venture, offering 30 days of post-sale support to ensure a smooth transition. The business maintains a competitive edge due to its superior quality, diverse styles, and efficient fulfillment compared to short-lived imitators.
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