Shopify Slack Bot

Listing Details

Description:

The app connects your Shopify store with Slack so you can receive important order notifications and summaries sent straight to Slack, reducing the amount of time you spend pulling order data and giving you more time to focus on growing your store.

It has over 1,000 downloads and has sent over 1,030,000 notifications to date. 

Justification for valuation:

• It is entirely automated and now brings in money with 0 work
• To date, it has had an average monthly growth rate of 17.7% with an average of 9.4% growth in the most recent 5 months
• It's gross ARR is $4356
• Valuation is between 5x-6x of gross ARR ($23.5K) given the low level of effort, consistent growth rate, and potential upside (I have done 0 marketing, no social, etc. so you can probably increase users and revenue quickly)

How can the buyer take this project further?

I've spent $0 on marketing; instead, relying on the Shopify app store to bring in new users. A buyer could focus on marketing, filling the top of funnel, and converting those leads into users.