#1 Hip Hop Clothing Dropshipping eCommerce Site with Biggest Facebook Audience and Huge Instagram Following.
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Some key statistics:
Please briefly describe the business model
E-commerce, Drop shipping
When was the business established?
October 1, 2016
How has the business evolved since it was first established?
It has grower expedition ally
Who is your typical customer?
A male who is interested in rap and hip hop
Are you the original owner of the business? If not, when did you purchase it and how has it evolved since?
Why is the business being sold?
Because it is taking 2 hours from me every day and I am busy with my family
Are you looking to sell the company (stock sale) or just the assets of the business (asset sale)?
Please list all domain names that are included in the sale
Are there any social media accounts included in the sale? If so, please list them along with the URLs to such accounts.
Facebook: 39,000+ Likes
Instagram: 3,800+ Followers
Are there any mailing lists included in the sale? If so, which service providers are such lists held with and how many subscribers do they have?
Mail Chimp 4,672 Subscribers
Does the sale include existing customer data? If so, in which format is this provided and how extensive is the customer database?
Yes. Name, City, Address, Zip Code
Are there any rights, trademarks, intellectual property included in the sale?
Does the business carry any inventory? If so, approximately how much inventory does the business keep at any given time and is any current inventory included in the price?
There is no inventory due to drop shipping. It uses Oberlo to take products off Aliexpress.
Where is the business’s inventory kept? If in a third party warehouse or storage unit, can the rental agreement/lease of such warehouse or storage unit be transferred over to the buyer?
Each Aliexpress supplier has their own warehouse in which you dropship from.
Is it necessary for the business to keep its inventory in a particular country or a state, in order to retain the current profitability?
No. You just use drop shipping via Aliexpress to find the product.
How are shipments into and out of the warehouse/storage units managed?
After the order has been shipped, the supplier sends you the tracking number and you send it to your customer.
How many suppliers does the business use and for how long has the business used these suppliers?
Each product has its own supplier. And you can easily replace each one by using AliExpress.
Does the business benefit from any volume pricing arrangements with any of its suppliers?
Explain your payment terms with your supplier(s)?
We pay off credit card using AliExpress
Do you have written agreements with said suppliers in place, and are such agreements transferable to the new owner?
You don’t need an agreement because of AliExpress
How often and through which channel do you pay your suppliers for purchased goods?
Every new order using AliExpress
What is the average lead time from the day order is placed until the customer receives the good.
Have you changed suppliers in the past, if so, why?
Yes. Because the first supplier sold out of the product.
OPERATIONS & MAINTENANCE
Please provide a breakdown of the operations of your business
Product Research/Development – Researching products for the entire business – 5 hours a week
- conducting niche specific products to build revenue
Customer Support – answering tickets, emails and 24/7 live chat – 12 hours a week.
Managing Operations – overseeing the entire business – 14 hours a week.
- managing advertising campaigns
- contacting suppliers
Does the owner of the site need any specific skillsets in order to successfully maintain and manage the site?
Facebook advertising, Instagram Advertising, Influencer Marketing, Social Media Marketing
How do you handle customer support and what is the average volume?
Email Around 20 emails every day
Do you employ any people or use any freelancers and if so, are such contracts accounted for on the Profit & Loss Statement and transferable to the new owner?
there are no freelancers underworking me.
TRAFFIC & MARKETING
What are the primary traffic sources of the site?
Facebook and Instagram the rest is usually organic
Have you done any Search Engine Optimisation? If so, what level of SEO effort is required for the site to maintain its current traffic levels?
Yes. I did some backlinking in December 2016, few blog post, featured on some websites.
To your knowledge, has the site ever received any search engine penalties (manual or algorithmic)?
What level of SEO effort is required for the site to maintain its current traffic levels?
You don’t need any SEO effort to maintain the traffic levels
Do you or have you ever purchased traffic? If so, please provide a brief overview
Do you run any other marketing campaigns, such as display advertising, social media marketing, offline advertising or anything else?
Nothing, besides Facebook and Instagram ads
How does the site rank for related keywords?
It’s is on the tops next to its competitors
Which payment processor(s) does the web site utilize?
Shopify Payments, Stripe, and Authorize.Net
Please confirm that all revenue sources are transferable to the new owner
Yes. Everything can be transferred
Are you able to provide live revenue verification?
Is the website’s revenue kept separate from other businesses and/or personal accounts?
Can the website’s revenue be accurately tracked back to the website, i.e. do payment descriptions/details include the website’s name or reference to the website’s products?
Please provide a brief overview of your average profit margins and how have they evolved over the last 12 months?
The first month profit margins were fair. And as the business got older the profit margin grew.
What is the site’s average Refund/Return rate over the last 12 months? What is the primary reason for the returns?
The average return and refund ratio is about 1 out of 20 orders. The primary reason for refunds is the length of shipping time.
What are the main expenses of the business (please list any recurring expenses that account for more than 1% of overall revenue)
If necessary, do you have tax returns available to support your revenue claims?
What platform does the website use? (e.g. WordPress, OpenCart, OSCommerce, etc.)
Has the website changed platforms in the last 2 years?
Where is the site hosted and does this need to change after purchase?
Shopify, the host does not need to change.
Please describe your main competitors
Clothing brands that specialize in hip hop.
What makes the website better than its competition?
The Facebook ad targeting is much better.
Do you own any other internet-based businesses? If so, are any of them related to the website being sold?
Are you willing to sign a 3-year non-compete contract in the industry that the website operates in?
Will you provide 1-3 months of post-sale support & training, in order to ensure that the buyer is able to fully take over the business and its operations?
What are the primary growth opportunities that you see for the business going forward?
Going to other social media besides Facebook And Instagram. And Facebook has a lot of opportunities left in it. The page only has 40k likes. I’ve only hit a fraction of the consumers that are interested in this niche.
Are there any geographical limitations to the potential buyer of the business (i.e. do they need to be based in a particular country, region or time zone to handle customer inquiries or to take over the financial and other accounts)?
|Site Established ?||November 2016|
|Built With ?||—|
|Google Analytics Detected ?||No|
|Domain Registered ?||8 September 2016|
|Content Unique ?||Yes|
|Design Unique ?||No|
|Pages In Google ?||61|
|MajesticSEO Inbound Links ?|
|SEOmoz mozRank ?|
|Alexa Rank ?||3,353,926|