Success story of Amanda
Amanda Introduction
In January 2024, Amanda approached us looking for a reliable, hands-off way to start an ecommerce business. With our expert consultation and advice she chose our eBay DFY service, confident that the $2600 investment would be a smart move for her financial goals.
Sourcing Price
$60
(significantly lower than the market rate)
Competitor Price
$250
Our Price
$160
What Is Our Strategy
Selected Product: Harmon Kardon Onyx 7
Target Audience: Outdoor enthusiasts, people who need a speaker on-the-go
Product Features:
- Comfortable Design: excellent sound quality, long battery life, durable design
- We designed a custom eBay store
- Optimized the listings and targeted keywords
This Shopify store was built from the ground up with a focus on providing a smooth user experience. The design has been kept minimal with a clean layout for easy navigation. The store is equipped with advanced security features and the latest business functionality including support for different payment systems.
To gain the competitive edge we had to source from a good supplier. We were able to procure the product from one of our private suppliers for just $60 giving us a solid profit margin of $100. This meant we were earning a 166.67% ROI on each sale.
This is where our store development efforts and marketing efforts really came to life. As you can see sales have consistently been growing since launch. In the first month we sold just over 300 units, then just over 650 units in the second month and broke the 1K per month barrier in month three. The next focus is to retarget ads and focus on establishing a loyal customer base to minimize ad spend in the future and improve ROAS.
Selling the product for $160 while buying for $60 gave us an incredible profit margin of 62.5% meaning Amanda was earning nearly twice the amount that she invested on each sale.
