Facts and Figures
Elora Jewelry is a jewelry shop founded by two college students. Our goal is to provide our customers with beautiful, stylish jewelry, without having to break the bank. After a few months of planning, lining up fulfillment, and mastering social media marketing, our vision turned in to a reality! This website has sold watches to over 500 customers and grossed over $25,000 dollars in revenue in under a month!
How does your business make money?
We make money from selling women's jewelry on shopify, using facebook and instagram advertising to drive sales. All orders are fulfilled through oberlo, making the fulfillment process super simple. We have even hired a virtual assistant to this for us, making our job even easier for us.
Why should someone buy this business?
Founded recently, this fast-growing ecommerce titan has grossed over $25,000 in revenue, and netted around $15,000 profit. With the use of Facebook ads, we have driven over 65,000 visits to our website and turned over 500 of those into happy customers!
How can the future owner improve this business?
This business can be improved in the following ways:
-Switching product fulfillment to a domestic supplier
-Hire full time Customer service
-Leverage influencer marketing
- High levels of Automation
- High Profit Margins
- Low Time Commitment Required
- Passive Revenue
- Scalable Business Model
Opportunities for a new owner
- Start Selling into New Markets
- Improve Current Marketing Efforts
- Increase Basket Size Per Customer
Key day-to-day operations
- Customer Support / Service
- Order Fulfilment
- Facebook Advertising
- Instagram Advertising
- All Site Content and file
- Customer Database
- Manufacturing Function
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
My name is William, I am a 20 year old ecommerce expert always willing to learn.