An established Finnish e-commerce store, specializing in colored contact lenses, was founded in 2012. It has carved a niche in the beauty and eyewear market, demonstrating strong customer loyalty with 57% of sales from repeat buyers. The business generates approximately $16,078 annually with a 69% profit margin and an average order value of €43. A notable strength is its reliance on organic sales, with 61% from Google organic search and 23% from direct traffic, minimizing dependency on paid advertising.
Key performance metrics include a conversion rate of 2.49% over the past year. The business maintains a subscriber list of 8,478, providing a substantial opportunity for growth through enhanced email marketing, SEO, and seasonal promotions. Products range from everyday cosmetic lenses to niche categories like Halloween and cosplay lenses. The store’s operational model is streamlined, not requiring extensive staff or complex systems, focusing mainly on order processing and customer interactions.
Growth potential exists in optimizing email marketing efforts, improving SEO, launching paid search campaigns, and enhancing conversion rates through better digital content. Additionally, leveraging platforms like TikTok and Instagram for influencer marketing could drive visual product sales. Despite minimal marketing efforts, the store has built a robust foundation, appealing to buyers in the e-commerce, beauty, eyewear, and SEO sectors. The current owner seeks to sell due to the lack of bandwidth to provide the necessary marketing focus, presenting an opportunity for a buyer to implement structured marketing strategies and expand the customer base.
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 trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More