{"id":9541,"date":"2021-12-17T03:13:49","date_gmt":"2021-12-16T17:13:49","guid":{"rendered":"https:\/\/flippa.com\/blog\/?p=9541"},"modified":"2021-12-30T02:17:57","modified_gmt":"2021-12-29T16:17:57","slug":"featured-listing-gizmo-supplyco","status":"publish","type":"post","link":"https:\/\/flippa.com\/blog\/featured-listing-gizmo-supplyco\/","title":{"rendered":"Featured Listing: Gizmo SupplyCo"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">About the business<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Featured Listing: Gizmo SupplyCo\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/YiD5rO-VUQo?feature=oembed\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/flippa.com\/11041020-9-y-o-niche-fba-and-drop-shipping-store-in-the-weight-loss-industry-generating-over-1-1m-revenue-annually-and-a-33-profit-margin\">View the listing on Flippa<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Tell us a little about yourself. What\u2019s your background? How did you start the business?<\/strong><\/p>\n\n\n\n<p>After college, I was searching for a job and found one on craigslist managing an eBay store. Being there for 4 years, I taught myself how to run an eCommerce store and decided to take the leap in 2016.<\/p>\n\n\n\n<p><strong>As an <a href=\"#\">eCommerce business<\/a>, where are your products made?<\/strong><\/p>\n\n\n\n<p>China.<\/p>\n\n\n\n<p><strong>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?<\/strong><\/p>\n\n\n\n<p>The asset is owner-operated and requires 7-10 hours a week to run the business. We have an AdWords account manager, everything else is automated.<\/p>\n\n\n\n<p><strong>What does someone need to do to continue operating the business in its current form?<\/strong><\/p>\n\n\n\n<p>Willingness to learn, this business is easy to take over for someone who is inexperienced.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Growing the business<\/h2>\n\n\n\n<p><strong>Can you list a few opportunities for a potential new owner to continue growing the business?<\/strong><\/p>\n\n\n\n<p>Social Media Marketing, adding more new products, more aggressive SEO.<\/p>\n\n\n\n<p><strong>How does this business make money? What are the current revenue streams?<\/strong><\/p>\n\n\n\n<p>Shopify <a href=\"#\">dropshipping website<\/a> and Amazon FBA.<\/p>\n\n\n\n<p><strong>What marketing channels are most profitable for the business?<\/strong><\/p>\n\n\n\n<p>Google AdWords.<\/p>\n\n\n\n<p><strong>How does the business currently acquire customers and what is your breakdown for marketing costs?<\/strong><\/p>\n\n\n\n<p>We spend $15,000 a month on AdWords.<\/p>\n\n\n\n<p><strong>How big is your current team? How many people does it take to run this business?<\/strong><\/p>\n\n\n\n<p>Currently 2, myself, Virtual assistant that manages our AdWords.<\/p>\n\n\n\n<p><strong>What\u2019s the reason for selling your business on Flippa?<\/strong><\/p>\n\n\n\n<p>To move on to a different venture.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/flippa.com\/11041020-9-y-o-niche-fba-and-drop-shipping-store-in-the-weight-loss-industry-generating-over-1-1m-revenue-annually-and-a-33-profit-margin\">View the listing on Flippa<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>About the business Tell us a little about yourself. What\u2019s your background? How did you start the business? After college, I was searching for a job and found one on craigslist managing an eBay store. Being there for 4 years, I taught myself how to run an eCommerce store and decided to take the leap [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":9542,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[394],"tags":[],"dipi_cpt_category":[],"acf":[],"_links":{"self":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/9541"}],"collection":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/comments?post=9541"}],"version-history":[{"count":0,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/9541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media\/9542"}],"wp:attachment":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media?parent=9541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/categories?post=9541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/tags?post=9541"},{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/dipi_cpt_category?post=9541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}