This is no doubt a hot product to sell online – huge demand (vs. huge competition, of course). If you have any doubts, monitor this list over time – I guarantee that you will always come across some GPS units in there.
I think the key assets of the below project are the mentioned relations with two GPS dropshippers that are reliable and offer great prices. Is it possible to develop similar relations through other product sourcing channels? I guess it is, but it takes time and you are not the only one targeting the same dropship merchants.
If you do not think that GPS units are your sort of products – then a long list of product categories in our case study category should help.
GPS ecommerce site
1 year in business, unique design, easy to operate ecommerce site selling hot products
• URL: www.progpsshop.com
• Established: Mon Dec 31 2007
• Monthly Revenue (USD): 1,500
• Google Pagerank: 2
Description:
I started this website in Jan 2008. Unfortunately, I never had a chance to dedicate enough time to this
site to fully use its potential. In March-April-May it was promoted in Google Base / Shopping.com / Shopzilla – as result traffic boost, sales and revenue. Then due to complete luck of my attention/efforts traffic/sales dropped. This is completely drop-ship operated website, no stock involved. Current inventory is about 300 items but my drop-shippers have at least 3 times more. I have two highly reliable drop-shippers with great prices.
Traffic/SEO:
All pages are optimized for SEO. I have also done initial offsite SEO – link building and such. Have top 3 rankings with MSN on keywords such as “best portable gps” / “best handheld gps”. All traffic is from search engines / Google Base. I also tried Shopping.com / Shopzilla with success.
Traffic details:
March = 450
April =1900
May = 1200
June = 560
September = 342
October = 117
Bottom line:
You get great looking ready to sell website with great products. You also get 2 great reliable dropshippers.
You’ll get my support and help with installation/setup. I also have some professionally written articles I haven’t used yet – you’ll get them too.
This business has great opportunity to grow into something big, I believe so. Christmas shopping is coming and it’s a good opportunity to sale allot, because GPS is very popular gift these days.
Reason for selling:
Due to recent changes in priorities I’m selling ALL my web businesses and walking away from online to concentrate on my family and offline businesses.
Revenue Details:
April 2008 – $1500
May 2008 – $1200
Then zero
Net profit is about 15-30%.