Website Closers® presents a Trendy and innovative, up-and-coming eCommerce jewelry retailer that provides unique and trending “boho” (Bohemian) inspired pieces such as necklaces, rings, anklets, bracelets, and earrings. With more than 47,000 orders and $1.6 million in revenue generated in less than 2 years, this company is positioned well to provide sustained and effective growth to a buyer. This rapidly scaling business caries a solid consumer base and an email contact list of 200,000+ consumers along with more than 115,000 social media followers. This brand’s incredibly strategically developed model has driven swift scaling and built up a strong momentum leading into the coming year.
With boundless opportunity to scale, this fashionable company could easily skyrocket with the addition of more SKUs, the creation of an in-house brand, channel expansion, improved marketing tactics, and more. This company is growing at an impressive rate and well positioned to maintain this trajectory.
Shipping 150-200 per day during the busy season, this company operates on a 100% stock model. The current storage volume demands only a 400 square foot space which is easily managed by a part-time fulfillment team in Canada. In addition to this fulfillment team, the company employs a full-time virtual assistant, or VA, based in the Philippines.
The current ownership team dedicates a cumulative average of 5 to 10 hours of work per week to maintaining and scaling this company. This duo is responsible for website maintenance, product merchandising and development, overseeing the creation of advertising creative, customer support management and contractor management. Additionally, one owner oversees the financial decisions, inventory tracking, product forecasting, supply chain management and email marketing; while the other coordinates the paid media buying strategy, monitors advertising, and directs all creative work. These obligations could be easily minimized through the addition of a bookkeeper as well as an outside marketing team.
At the moment, this company leverages a strategic mix of social media, email marketing, and influencer marketing to generate traffic and build their brand awareness. This impactful strategy could be furthered with the addition of micro influencers, improved email marketing, and channel development. Currently selling only through their own website, this company would grow significantly with the addition of purchasing platforms such as Amazon.com, Target.com, Etsy.com and brick-and-mortar retailers.
Offering a wide range of trendy jewelry, this company sells necklaces, anklets, rings, bracelets, and earrings. These sought after, affordable offerings have led to a quickly developed and rapidly growing loyal customer base. With a recurring customer rate of 13%, website conversion average of 2% and an average monthly visitor count of more than 25,000 this business has immeasurable potential for sustainable and reliable growth.
A lucrative and growth offering, this opportunity is a fantastic investment for any type of buyer. Gaining customers, awareness, and traction with every new offering, this brand carries boundless untapped potential. With a strong digital presence and a solid track record of consistently scaling profit, this company is sure to bring lasting to success to any new owner.
