JFSG was started in Oct. 2014, we do all FBA.
We have a marketplace in the US and ready in CA and Mexico.
Our website is open as well, we are selling mostly on Amazon but do have some sales through the website as well.
We are open to selling in all categories but we focused on the jewelry side as the inventory cost are low, we have the system streamlined that we can get restocked within 45 days from when the order is placed till it gets to the FBA.
Tell us a little about yourself. What’s your background? How did you start the business?
I grew up in the construction industry, in 2014 I was introduced to e-commerce through a friend, we decided to partner up as there was a big need for e-commerce stores that provide good service and great customer service.
If you are an e-Commerce business where are your products made?
They are made in china
How have you marketed the product and where are your customers originating from?
Amazon Ads and they are in the USA, I have everything ready to be able to sell in Canada and Mexico.
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 have everything streamlined except the marketing, I spend about 2 hours a week with the business at this time, It is perfect for someone that is a marketing expert and wants an e-commerce business.
What does someone need to do to continue operating the business in its current form?
Buy it and have 1 computer.
Can you list a few opportunities for a potential new owner to continue growing the business?
By expanding to new chains and rings in the wedding band as the market is big.
What has been the evolution of this asset since its launch?
How does this business make money? What are the current revenue streams?
Selling wedding bands and chains. We are currently selling around 2300.00 per week
What marketing channels are most profitable for the business?
How does the business currently acquire customers and what is your breakdown for marketing costs?
We advertise on Amazon and spent about 150.00 per day on ads
How big is your current team? How many people does it take to run this business?
It’s just me so someone can either run it themself or get help from a virtual assistant to manage the asset.
What’s the reason for selling your business on Flippa?
I don’t have the time it takes to scale the business.