Apparel E-Commerce Store

Listing Details

Why this business was started

I decided to start this business at the beginning of the COVID period with an idea of having an additional source of income at minimum cost. Dropshipping model was the best fit. Having analysed the market, I decided to create Fashion & Apparel store because it represents nearly 28% of global ecommerce sales, maintaining a trend of 15 percent year-over-year increase in online fashion purchases. 

After 7 months of 2020 I was able to start scaling this business quickly in early 2021, reaching $1,461,000 in revenue in 2021.

The reason of selling this business

Thanks to e-commerce, a few months ago I started a new business that requires a lot of time and dedication. So I am forced to sell this store so that I can put all my efforts into a new business.

What's involved in running this business

All the processes are automated or semi-automated. All orders and order fulfillment is mostly automated using the Oberlo app and Shopify Payments. The business requires minimal effort to maintain. Generally, it takes 3 to 5 hours a week to overview the performance and set tasks to the team.
 

Mailing List
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Skills to have

Since the business is fully staffed with professionals doing their job on a daily basis, anyone from beginners to experts can jump right into this and run this type of business with a few of hours of work per week (if that). In case a buyer wants to run this store on their own, my team will support them free of charge for 2 weeks.

How can the buyer take this project further?

I would start by testing more products to find winners and scale the store to 2-3 million annual revenues. The next step would be to develop an advertisement strategy for the EU, Australia, UK and a few developed Asian markets. I recently created an article that could be used for native advertising on Taboola and/or Outbrain, which may be beneficial for a buyer to get an additional source of traffic. Exploring the options for running ads in FB Commerce Manager can also benefit this business.