Established dropshipping ecommerce store selling luxury hip hop style jewelry

Established in 2018, this profitable ecommerce store sells luxury hip hop style jewelry. Because of the dropshipping business model, the new owner never has to touch inventory and can run the entire business entirely from their phone and laptop. The 43% profit margin includes product costs and paid advertising. ✅ $228,509.36 in TTM revenue ✅ $97,537.88 in TTM profit ✅ $14,544.47 in Revenue Last Month ✅ $7,556.14 in Profit Last Month ✅ 27,687 Customer Email List ✅ 11,000+ Lifetime Buyers ✅ 18% Return Customer Rate ✅ $146 Average Order Value Advertising is powered by Meta Ads, Google Shopping Ads and Klaviyo email marketing. New owner should get aggressive with paid advertising spend in addition to introducing new forms of advertising like TikTok ads, TikTok shop, influencer marketing. The biggest direct competitors in the space are The GLD Shop, CRAFTD London, 6 ICE and Jaxxon. They gained a collective millions of customers with aggressive paid advertising and influencer marketing.

This is an established brand with a proven track record. It can quickly be scaled by a new owner with the time to do so.

Shopify, Google Shopping Ads, Meta Ads

The dropshipping model allows the new owner to never touch inventory and run the entire business from their phone and laptop. ✅ $228,509.36 in TTM revenue ✅ $97,537.88 in TTM profit ✅ $14,544.47 in Revenue Last Month ✅ $7,556.14 in Profit Last Month ✅ 27,687 Customer Email List ✅ 11,000+ Lifetime Buyers ✅ 43% Profit Margin ✅ 18% Return Customer Rate ✅ $146 Average Order Value

Aggressive Paid Advertising: Scale up advertising efforts on new channels, spend more retargeting on existing channels and incorporate more UGC. Influencer Marketing: Give products to social media influencers in exchange for sponsored posts and UGC. TikTok Shop: Leverage TikTok’s new “Shop” platform to rapidly sell to new audiences without users having to leave the TikTok app. TikTok Ads: Leverage this advertising platform to scale to new audiences.

The founder started and grew this business from scratch, but it’s no longer their focus. The founder is looking for a new owner who can scale this business to new heights.