The business concept began in February 2021 as a test for marketing strategies and quickly grew into a recognizable brand without active advertising since June. The business experienced a temporary pause in advertising to manage sales and refunds until campaigns restarted in late August. The average order value is $47.53 with a return rate of 5% and a conversion rate of 2.42%. The business currently offers seven products and relies on a supplier agent to manage the order fulfillment process, which includes product sourcing, negotiation, buying, and shipping. Customer orders are fulfilled with tracking within 24 hours.
The business's required tasks include managing customer emails, running advertising campaigns, liaising with the supplier agent, and handling social media to foster growth. Currently operated by a single individual, these tasks demand around an hour daily and can be fully outsourced with the help of a marketing agency. The owner, aged 23 from Milan, is a master's student at a renowned university with a background in economics, business administration, and marketing. He also runs a marketing agency and lectures at a film academy.
Looking towards the future, there is potential for expansion by creating a private label brand with a European warehouse, resolving issues related to shipping from China and reducing delivery times to two days. The new owner needs marketing and business administration knowledge or the ability to outsource these areas. The current owner wishes to focus on academic pursuits, suggesting significant growth opportunities exist with the right management focus and resources.
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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.
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