What is the Business Model
All the businesses are based on Dropship model. Drop-shipping is a great and low-risk option because it negates the need to design, manufacture or ship your products. Drop-shipping companies are manufacturers that will ship products directly to your buyers when the products are purchased. Here’s how it works: when a customer places an order – shipping and product info get sent over to your drop-shipper who sends the product out to your customer. With the app we use, this process is automated for you; it will automatically input your customer’s address and even process the payment.
With this system in place, you don’t need to worry about storing stock or shipping items out of your home. This frees up more time for you to focus on building an online presence for your brand and attracting followers that you can funnel to your online store.
How does the business generate revenue?
Through online sales
What are the profit margins?
As a rule we mark up all the products between 100%-200%. So for example: If a product on the website is $20/- the actual wholesale price is around $8-$10 which includes standard shipping. The balance is your profit. You can ofcourse increase or decrease the margins as you please, depending on your business goals and objectives. You can do bulk price change from the backend with just a couple of clicks
What platform is the website built on?
On Shopify. We are Shopify partners and only work with Shopify. Shopify is the number one ecommerce company in the world. Their websites are super easy to use and have all the necessary bells and whistles for an entrepreneur to start their ecommerce journey within hours.
What are the ongoing expenses for the business?
Only $29/-per month for basic Shopify account which includes Website Hosting, SSL certificate, Unlimited bandwidth, Unlimited Products, access to Ecommerce university, blogs, videos and tutorials online and Shopify’s 24 hours customer service, via Phone, Email and Live chat .You will cover your cost in basically 1-2 sales tops. All Apps installed are free.
Where are the suppliers based? How many suppliers are there? Are they reliable?
All suppliers are based overseas in China. There are multiple suppliers in place. We conduct due diligence on all the suppliers and products for your peace of mind. All the suppliers are the top performing suppliers with a customer feedback rating of 4 star and above out of a possible 5. All the products are the best selling products in their respective categories. So you can be rest assured of the quality of service and products you will be getting.
Do you provide Marketing Support?
Yes, post-sale you will get the following marketing support
• A step by step guide to run Facebook, Google and Instagram Adverts.
• FREE email marketing pack with 2 billion email addresses to start off your email marketing campaign.
• How to create a Social media Marketing Plan
• How to Hack Instagram Marketing: 60 Instagram Tips You Should Know
• How to Sell on Instagram: 6 Instagram Tips That Actually Work
• How to Do Instagram Influencer Marketing
• Customer Retention: 8 Tips to Keep Your Customers Coming Back
How does the Order fulfilling work?
So, for example, the business makes a sale. The entire order fulfilling happens via the Free Dropship app installed at the backend. The order automatically goes to the supplier and you are notified via email.
The supplier prepares for shipping
You pay the supplier from the monies received by the customer.
The balance is your profit.
Currently, the selling price is configured to 100-200% profit margin including shipping
Once the supplier is paid by you, he will ship it to your customer and pass you the shipment tracking number which can be tracked via the order tracking app installed. This process is also automated.
Can I add more products, categories, images and make changes to the website?
Yes, you can add unlimited products & categories and extend your product line. There is no limit to how many products that can be added. You can change images, change text, font, color etc. as you like there is absolutely no restriction and it is fairly simple process.
Do you offer Support post sale?
We offer lifetime support post sale. You will also have access to Shopify’s 24 hours customer service, via Phone, Email and Live chat. They are absolutely fantastic and we cannot recommend them enough.
What Social media accounts are in place?
There is a Facebook page, Instagram, Pinterest and Tumblr account in place for Social media marketing
Can you build me a website?
Yes, we can build you a website with a product of your choice. I can source suppliers, design the website, install it with all the ecommerce solutions, Social media accounts etc. Message me the product details and if you want me to source suppliers. I will do some research and come back to you with the details of the website, costs, time frames, inclusions etc. Visit our Website Design Page and fill out our simple questionnaire to be able to better serve you
Why are you selling the business?
I am a Website Designer and make visually attractive e-commerce websites with 100% drop shipping solutions. We offer businesses to budding entrepreneurs who want to have a shot at their dreams without burning a hole in their pocket