Avg. revenue /month $4,894 Avg. sessions /month 2,861 Avg. profit /month $4,000 Profit Margin 35% Avg. sales /month 35 for more information here is my email [email protected]
Why this business was started This business was started as a endeavour to support my expenses as a full-time graduate student and took months of painstaking work, involving cataloguing of products, establishing communications with suppliers and shipping agents to ensure a smooth journey. Drop shipping allowed me to stay-home, do my due diligence as a student and earn a decent income. Imagine being able to pay for car/bike installments just by responding to inquiries and clicking away at a computer. That was what this business allowed me to do! I carved out a niche in Pendant Lights and LED Ceiling Lights which were expensive and only available in traditional retail stores in Singapore. Therefore, I was able to receive the attention of customers who are attracted to the unique, attractive and wide variety of designs, coupled with competitive prices. The reason of selling this business I've finally graduated! I am ready to leave this in the hands of someone who is either experienced or non-experienced (will provide guidance for 1 month after take-over). I am moving on to a full-time job and will have less time, but a good sizeable monthly income and will therefore, no longer need this business to supplement my income. You may expand the business as you wish, there is a lot of potential for overseas sales. What's involved in running this business You will have to handle daily inquiries from Facebook.., Carousell and WhatsApp directly from the website. The amount of inquiries depend on amount you spend on ads and other factors that will affect listing views. Occasionally you'll need to spend more time, as there a bigger clients whom are contractors/designers who are sourcing for their clients. We've worked with Huta Group from Saudi Arabia, delivering more than 100 pieces for their resort project. If you are interested to find out more, you may leave me a message to get some photos and as well correspondence of proof. These projects easily net you upwards of 2-3 months worth of profits and are worth spending your time on, even if it means losing some sleep to go the extra mile for the client. You will have to liase with Chinese Speaking suppliers to order and have the goods moved to the warehouse in China, before they are shipped to Singapore. You can also organise your own logistics to other parts of the countries.