For sale is an electronics and general product e-commerce site with 4 years of history. The company is generating revenue of $90,000 per year with 60,000 customers and has processed 5,136 orders in the last 12 months. With over 200 affiliates, the company has never used SEO and conversion optimized methods.
This ecommerce business is setup as an automated marketplace where vendors can list their products. There are 40 active U.S. based drop shippers that list their items on the site. So it is very low risk and does not have the bottle-neck model where you can only grow based on the amount of inventory you can buy. With the marketplace model the business is growing and currently averaging $700+/day in revenue in October.
Highlights & Key Assets:
o Minimal risk - orders are routed to the appropriate vendor: vendors carry the inventory, ship the orders, upload tracking into the vendor portal, customer receives email for order shipping, site collects the funds, pays the vendor based on terms
o Repeat customers - repeat business, but not a standard recurring revenue model
o Dropship/marketplace model
o Email list of 59,000+ opt-in emails
o Vendor base
Market Conditions & Competition
o Implement SEO to drive traffic and increase sales
o Optimize website
o Add a simple referral program to increase sales
o (SEE PROSPECTUS FOR ADDITIONAL DETAILS)
Training & Support
Full support and training will be provided. This is negotiable depending on your needs. The owner is committed to making it a success for a new owner.
Reason for Selling
The seller has a startup that is doing well that involves fundraising software for schools. He wants to follow his passion and is going to raise funds for the startup.