This business is a Multi-Branded eCommerce Retailer selling Wholesale and Direct to Consumer. This Internet Company specializes in Women’s Clothing & Accessories, primarily bags, clutches and totes. This trendy brand offers over 455 SKUs ranging from handbags, small leather goods, to belts, outerwear and more. Focusing on wholesale orders from mainstream big box clients such as Saks, Nordstrom, and Bloomingdales, this retailer is a perfect wholesale plugin for existing fashion retailers in any adjacent or aligned vertical, bringing bolt-on revenue to the table rapidly and easily.
This pair of branded lines is wholesaled on the shelves of as many as 300 specialty stores and sold directly to the customer through a highly polished, customer facing and branded pair of websites – this company boasts a fantastic $3,000 an average order thanks to diversification in wholesaling and DTC revenue streams. This is a rare opportunity to take control of an already well-leveraged wholesale opportunity which also synergizes with a direct and branded online face.
Current inventory is minimal, with only a small warehouse needed. The company ships all orders directly. It sees a fantastic 70% repeat customer rate and sees 11,000 unique visitors monthly.
The truly exciting part of this already exciting business is the opportunity for new ownership to utilize retail giant Amazon with its direct efforts, tapping FBA fulfillment to make this a partially turn-key platform – This almost guarantees an immediate and meaningful increase in revenue with a decrease in DTC labor hours, and inventory carried.
Minimal fashion industry & marketing knowledge is necessary, as this business comes complete with a robust online marketing campaign already in motion and producing results. In this hugely social segment, branded lines like this will also instantly realize scale with a more full-featured social media presence, as well as email marketing campaigns with an existing email database of 5,000 contacts – low hanging fruit is ready and available in so many ways, making this an almost surefire investment regardless of new ownership’s skill level or familiarity with eCommerce.
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Listing ID: WC1088
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