About Escootlabs.com - READY-MADE project opportunity
READY-MADE project opportunity in the form of an online store Escootlabs.com
About the business I am offering for sale a READY-MADE project or investment opportunity in the form of an online store on a catchy domain called Escootlabs.com (escootlab.com - included), which is focused on the sale of electric scooters, which are a big trend nowadays and there is a high margin on them. First of all, I would like to stress that, given the trend and the large margins, this is an investment with a quick return. This is an ideal opportunity for an entrepreneur who is looking for an appreciation of his funds and wants to catch the wave of the trend or create another source of income in his portfolio. Or for a budding entrepreneur who doesn't want to spend long days building a business and looking for a supplier. According to godaddy.com, the domains alone are already worth a combined $1212. 1. Let's go straight to the numbers: High demand for electric scooters, hand in hand with high margins enriched by simplicity and a quality supplier. Calculation: Purchase price - $205, shipping costs from the supplier already included in the price. Our selling price - $290 Selling price of competitors who sell models with the same specifications - $275 - $369 At the selling price set by our online shop, the profit margin comes out at: 1 unit sold - $85 5 units sold - $425 10 units sold - $850 20 units sold - $1700 (This is almost a paid off investment in the project) Calculation of competitor's selling prices, at a higher selling price of $369: 1 unit sold - $164 5 units sold - $820 10 units sold - $1640 There is a possibility to increase the profit from orders with "order insurance" and additional sales in the form of additional seat, helmet, etc. Order calculation with additional sales and order insurance: 1 scooter sold + shipping insurance = 85+19,9 = $104,9 1 scooter sold + insurance + seat = $85+19.9+39 = $143.9 All three models offer high earnings. Personally, I would stick to the current price at least at the beginning, it also offers nice profits. In terms of profits, these are very nice numbers that you can achieve quite easily given the demand for these items and since you don't have to use only the online store to sell, but can also use other sales channels like Facebook Marketplace, Instagram shopping, Google Merchant, etc. I have tested this business myself. It was primarily about quick money appreciation for me. So I advertised my scooters mainly on Facebook Marketplace, placed about 8 ads in different cities in (depending on the size of the city) and supported some ads for $3-$6 per day. Within a few days I had over 100 people contact me and sold out almost all of my stock. Albeit at a smaller profit (Selling price - $250-$280), but it accomplished my goal. If you take marketing into your hands correctly and use all the above mentioned sales channels + put on my tips, the appreciation of your finances will be bigger and faster than mine. 2. Opportunity: The opportunity in the project I am offering here is not only in the sale of electric scooters themselves, which offer a high margin, but also in: Renting electric scooters. Selling insurance for the rental of electric scooters Sale of spare parts/accessories for electric scooters - motors, batteries, helmets, etc. Sale of insurance for shipments in the cart Electric scooter repair service The rental and upgrade option is the thing that sets this project apart and gives you the opportunity to expand your income. Upgrade of electric scooters - seat upgrade, battery upgrade from 35km range to 60km. (I am studying the option of a stronger battery in more detail.) Which means that additional income can come to you not only from sales, but also from electric scooter rentals, scooter upgrades, and aftermarket insurance, either for rental or shipment. UPSELL The shopping cart is currently set up with the "Shipment Insurance" option, which opens up the possibility for the new owner of Escootlabs to increase the profit on the order. I have set the price as a guide, at $20. There is also an option to set up additional sales in the cart, which can also increase your final order value. In the end, a single order can profit from selling: electric scooters, shipping insurance, upgrades, buying an additional seat. (As I mention above) However, you certainly cannot assume with these additional sales with every order. More information below in the text. 3. What am I offering for sale here? I offer for sale a fully developed investment and business opportunity in the form of a ready-made project. Finding a supplier, testing the quality of the goods, setting up an online store and marketing strategy would take a lot of time and money, in this opportunity you have already done everything. Basically, you just need to get started. All the essentials are already in place. 4. What is included in the price? After the transfer to the new owner, a "Business on Google" profile will also be created and set up on Google. With regard to rental opportunities, "Business on...
Project details
Built with: WooComerce,Wordpress,Elementor,Cloudways
Website: https://escootlabs.com/
Next step: <p>I would focus on developing electric scooter rentals, upgrades and insurance as it is a good competitive advantage and profit expansion opportunity. I would follow the recommended marketing strategy. </p><p>First thing I would do, however, would be to list the scooter on the FB marketplace - display it in my city's location and all my surrounding cities. I would support all these listings with advertising. This would ensure an initial quick turnaround.... More information in the document after the purchase. </p>
For sale
Asking price: $990 USD
What's included
Domain name, All related design work, All related data, Email account, Source code
Instagram account Facebook account Know-how Business strategy Rent strategy Marketing,social media strategy Supplier contact
Reason for selling
Why don't I run the business myself? This online shop and in fact the whole project was created with the intention of selling it to a new owner. The new owner will receive a full-service solution in the form of a new and fully developed project, which is all he needs to start with. In terms of opportunity, I would run it myself, but I prefer to create online stores rather than run them.