Established dropshipping ecommerce store selling luxury hip hop style jewelry

Established in 2018, this profitable ecommerce store sells luxury hip hop style jewelry. Because of the dropshipping business model, the new owner never has to touch inventory and can run the entire business entirely from their phone and laptop. The 43% profit margin includes product costs and paid advertising.

✅ $228,509.36 in TTM revenue ✅ $97,537.88 in TTM profit ✅ $14,544.47 in Revenue Last Month ✅ $7,556.14 in Profit Last Month ✅ 27,687 Customer Email List ✅ 11,000+ Lifetime Buyers ✅ 18% Return Customer Rate ✅ $146 Average Order Value

Advertising is powered by Meta Ads, Google Shopping Ads and Klaviyo email marketing. New owner should get aggressive with paid advertising spend in addition to introducing new forms of advertising like TikTok ads, TikTok shop, influencer marketing.

The biggest direct competitors in the space are The GLD Shop, CRAFTD London, 6 ICE and Jaxxon. They gained a collective millions of customers with aggressive paid advertising and influencer marketing.