This website is an established e-commerce site selling silver jewelry at wholesale prices. The site offers the latest fashionable styles of Sterling Silver Rings, Pendants, Earrings, Bracelets, and much more. The site recently moved over to the open-source Magento platform which is a commercial grade e-commerce platform used by a number of huge e-commerce websites. The website is a dropship type business model. While the owner does purchase inventory upfront, he does not stock or ship the items himself. Merchandise is shipped from suppliers to the fulfillment center located in the United States where the items are stored and shipped directly to customers to fill orders. The site itself is easy to manage and run, and can be done so with little technical knowledge. The owner has just launched a new site design providing a fresh look and new functionality for the website business. This business is easily relocateable and can be operated from a home based office anywhere in the world. Revenue is automated via the affiliate networks which means there is no need to deal with customer service, shipping, refunds etc. The owner spends only about 20 hours per week operating the entire website business. As of the middle of January, there is approximately $100,000 in wholesale inventory in stock which equates to an approximate retail value of $247,000 and is included in the price. This is a great opportunity for a buyer to acquire a well established, dropship type, ecommerce niche website with continued growth potential through new marketing efforts!
Building upon its established foundation, there is plenty of room to expand this internet business further. Some ideas for future growth include: expand the product lines, offer more regular email promotions and increase social media marketing efforts.
While there are competitors in this industry, the site’s unique products have proven to bring its customers back for more. When it comes down to jewelry, it’s all about design.