This ecommerce retailer offers a fully branded line of stylish wooden wrist watches. These eco-friendly watches are unique in their space and have exceptional appeal to both women and men demographics alike. The watches are crafted with exacting standards using established suppliers, and all 25 SKUs of the company are wood-based products. With an average ticket price of $85, this company offers a full range of proprietary, fully branded, and premium wooden watches for men and women that can be engraved and personalized to create perfect memorable gifts.
The company has established long-term vendor relationships with added state-of-the-art eCommerce website. The company’s sales channels include Amazon, top-ranked website, and a 5-star Etsy Storefront with over 1900 top-rated reviews, which drives sales. The seller is willing to offer seller financing with the down payment of at least $150k to a creditworthy individual or group.
The business offers a full range of proprietary and fully branded and premium wooden watches for men and women that can be engraved and personalized to create perfect memorable gifts. The company currently uses established suppliers to hone its craftsmanship to exacting standards.
MARKETING AND KEY METRICS
This ecommerce retailer has not yet started up an SEM or paid advertising plan nor developed social media marketing opportunities. This online business is prime for expansion, and there is room to add additional products to the existing lineup. The incoming millennial-centric demographic embraces everything this online business offers, including customizability, organic, eco-friendly products, and 100% natural construction.
This eCommerce business is currently driven by a combination of a top-ranked website storefront, as well as a 5-star Etsy Storefront with over 1900 top-rated reviews. The company has not developed social media marketing opportunities or started an SEM, paid advertising plan. Amazon, the largest online retailer in the world, constitutes a very small portion of overall sales to date.
The company has an average ticket size of $85, 25 SKUs, month-over-month growth, dozens of organically ranked and relevant domain names, and 1900 top-rated Etsy reviews.
This eCommerce retailer’s customer base includes men and women demographics looking for stylish, eco-friendly, and custom-engraved watches for special occasions. It can be millennials buying their first watches or adults commemorating events like promotions or graduations. The company offers unique ways to memorialize life’s memorable moments through engraving.
BUSINESS MODEL & RESOURCES NEEDED
The company employs only 1 person.
This online business is in the fashion industry, targeting the incoming millennial-centric demographic with a fashion accessory that embraces customizability, organic, eco-friendly products, and 100% natural construction. The company has set itself apart by providing unique ways to commemorate important moments in life through engraving.
OPPORTUNITIES TO SCALE
This online business has room to add additional products to the existing lineup. The seller believes in its products to the extent that a down payment of at least $150k to a creditworthy individual or group can be provided. Furthermore, the company has yet to utilize Amazon fully.
Asking Price: $309,000
Gross Income: $337,523
Cash Flow: $128,791
Year Established: 2015