GPS dropship
GPS e-commerce store reviewed in our new case study (more similar cases) was sold for $15,000. So it is the kind of dropship business that needs:
a. Investment. $15 000 is a nice lump amount and it is a risk to buy an internet business for this money.
b. Experienced online entrepreneur – one needs to know how to run the store backend, how to promote it and be sure how to return the investment and make profit with time.
It is an established website that is nearly 5 years old – it is one of the reasons to price it for $15,000.
Another great advantage for the new owner is 100% organic traffic – it means that it is possible to keep the current revenue level with no advertising costs, to run the business on autopilot taking care of customer service only.
Will I personally buy this dropship business?
I do not think so. The price is not cheap ($15,000) compared to risks involved. I am not familiar with the products and the market, so it could take some time to explore it. The owner tested affiliate programs on e-commerce website – why should I care about some affiliate sales if my e-commerce business runs smoothly? Those ads just take away your valuable traffic.
My approach is to start/ get low priced dropship businesses that do not require significant investment from the start. While you grow your cheaply acquired dropship business you learn: you get an idea about the market, competitors, suppliers, website promotion in that specific niche.
But you probably have a different look at this.
Here are the details of the gps dropship business in question:
4 years in business, custom templates, easy to operate
• URL: gps-store.net
• Established: 1 Jan 2003
• Uniques/Month: 10,000
• Page views/month: 30,000
• Monthly Revenue: $1k to $2K
• PageRank: 4
• Listed: 24 Oct 2007
• Sold: $15,000
Description:
Well Established Website started in 2003. This store is a yahoo store hosted by yahoo merchant solutions ($99 a month plus 1% sales) and can be moved. 80K in sales via web only, 300K total (government and toll free number). All products are dropshipped, no inventory. This site has never come close to its potential due to my time and effort with other projects. Will provide help with the transition.
Revenue Details:
Site will generate at least 1K to 2K profit or more depending on if you are willing to take calls generated from the website. This store will usually do $10K to 15K in orders during Christmas with no advertising.
As a test I have recently took 3 pages of our website (October 1st) and turned them into affiliate pages with amazon and google, it has generated $70 in commissions with Amazon this month.
Traffic Details:
99% of all traffic is from search engines hardly ever used PPC. There are approximately 700 pages on this website with around 500 active items. Have top 5 rankings with Google and Yahoo on high traffic keywords such as “Gps Store” #2 Google #2 Yahoo and look up “discount gps”
[tags]gps, dropship turnkey website, drop ship, wholesale, ebay, e-commerce, dropshippers list[/tags]
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