Incredible opportunity to own a drop-shipping site based in the UK that is showcasing some truly stellar revenue numbers.
Watch the video below to learn a bit more about the owner and his business.
Tell us a little about yourself. What’s your background?
I have interests and also significant investments throughout many fields ranging in the technology, stocks, crypto, promotion plans and various other web-based creations which I’m incredibly fond of to develop further and increase as time goes by. I would say a passion is to create web design platforms and industry-relevant E-com business models; these developments transition through various stages of trial and error before they are ready to launch.
Furthermore, I have deep interests in computer sciences and also the field of health science which I use as a driving force to garner better results in the numerous programs and platforms I may create both past and present. This industry is about how well you can cope and deal with pressures and tests that may arise as the phases transitions through multiple trials to determine the best possible result for the website and any of my other ventures.
How and where are your products made? Do you have a direct relationship with the supplier? Is your inventory drop-shipped direct from the manufacturer or are they being sourced at a 3PL?
All products are sourced from various outsource suppliers in China, keeping in mind both the quality of the products and also the quantity of stock. Relationships are relevant to the circles created, but with such a large industry all that’s required is to forward sale information from the WordPress dashboard over to the outsource suppliers so that they may pack and ship globally. All inventory is directly shipped from the supplier no need to keep useless stock in piles and warehouses when it can be done efficiently through the suppliers themselves.
What sort of marketing have you done and what has worked best? Facebook? Google? What kind of ROAS are you seeing?
The agency that ran this business model for babytown24 has tried all sorts of marketing strategies from Pinterest, FB ads campaigns and various other social media tools to bring in traffic.
Still, I would recommend implementing FB Ads campaigns as this is something which you learn yourself and coordinate. My contract is no more as its duration has expired, so monetary income has not been made since as I am now moving forward with my other ventures which need my attention. After all, this is the plan I follow to design, implement, strategize and launch platforms which can help improve my businesses.
Afterwards, I proceed to establish and keep them in test phases for 5 or 6 months to see if it can compete and last when marketed correctly which, babytown24 repeatedly has over five months, the last marketing month of September alone has done 3.3k USD. Days later, my contract ended for marketing. By continuing from where I left off, you can make three or even four times profit than me with great marketing and patience.
How much time does it take to run the business, who else is needed on the team, and what is automated?
This model only requires you to run and coordinate and that’s it, but, if you do have significant profits coming in as you market and things may get out of hand with fulfilling emails, orders and suppliers then you can hire employees as you best see fit. It took myself an average of 2 minutes to fulfill a single order through the dashboard so that it may be sent to suppliers I have designed it so that efficiency is key to success because let’s face it an improper and uncoordinated business model always fails and lacks integrity.
This is a young business, why are you selling now?
In the world of the web-based platform, anything under four months is considered a young site. Still, this business has surpassed the five months and has shown remarkable results and profits through various products, baby items, toys/hobbies and many more. As mentioned in the beginning, I test my platforms out significantly for these months to see if they have potential or not and if they pass my target requirements for a successful site and business model.
Can you list a few opportunities for a potential new owner to continue growing the business?
Babytown24 has excellent potential to garner 3x and even 4x profits in the coming months if your marketing plan is spot on and you can identify what customers want this will aid you immensely in your journey to becoming a successful entrepreneur.
The prospective buyer can also remove items from the site through the WordPress plugins I have created to assist in this option. Also, they have access to various other plugins for safe and comfortable use of the platform. Some knowledge may come in handy for navigation through WordPress; otherwise, beginners to the platform can be lost at times. I would recommend to please do your research before jumping into any big decision such as buying my business as the decision is up to you entirely.