Featured Listing: eCommerce Business in the Design and Style Industry
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About the business
Tell us a little about yourself. What’s your background? How did you start the business?
Started this business over 1 year ago, I work in online marketing and I had a few dropshipping stores starting in 2017.
As an eCommerce business, where are your products made?
China
What can you tell us about your Customer Lifetime Value (CLV) and Customer Acquisition Cost (CAC)
CLV $500 and CAC $65
How have you marketed the product and where are your customers originating from?
I used exclusively Facebook and Instagram ads.
Is the asset on your listing owner-operated, how much time does it take to run the business, who else is needed on the team, and what is automated?
I work about 1-2 hours per week and the rest is done by my VA.
What does someone need to do to continue operating the business in its current form?
A VA in general.
Growing the business
Can you list a few opportunities for a potential new owner to continue growing the business?
They can start using Google and TikTok ads as well as Influencers.
What has been the evolution of this asset since its launch?
Growing month by month.
How does this business make money? What are the current revenue streams?
Sales direct to consumer.
What marketing channels are most profitable for the business?
Facebook/Instagram.
How does the business currently acquire customers and what is your breakdown for marketing costs?
Ads we spend approx $6000-$8000/month.
How big is your current team? How many people does it take to run this business?
1 owner and 1 VA.
What’s the reason for selling your business on Flippa?
It’s a trustworthy online broker.
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