Basic points:
A successful trademarked brand, specializing in the Food Grocery and Gourmet products sector (Collection of Ultra Premium Extra Virgin Olive Oil and Aged Italian Balsamic Vinegar).
The company's products are at the top of their class regarding quality and customer satisfaction.
The business uses Amazon FBA, e-commerce, and direct shipping methods to monetize its business.
Basic platforms include Amazon FBA, Walmart, WooCommerce, eBay, and Etsy.
The company has been operating since 2017 and has seen steady revenue growth.
Functions:
The company provides competitively high-quality items to ensure customer satisfaction and repeat business.
The company sources its Gourmet products from suppliers and manufacturers within the USA, using packaging and shipping methods to ship to different market warehouses and fulfill customer orders. The entrepreneur does not touch the products at any stage of the operation of the business as all the processes of production, packaging, and shipping of the products are carried out by their suppliers.
Customers:
The business appeals to a variety of customers who are interested in unique healthy and high-quality Gourmet products. The company attracts customers looking for specialty items not readily available in traditional brick-and-mortar stores. With a strong online presence and reputation for reliability, the brand has managed to build a loyal customer base and continues to rapidly attract new customers and expand its reach in the e-commerce market. It is worth noting that the brand enjoys an ever-growing number of Amazon monthly subscribers (around 100 new subscribers every month) who buy their products automatically without any promotion expenses.
Technology:
The business uses technology to streamline its operations and improve the customer shopping experience. The company uses e-commerce platforms such as Amazon FBA, Walmart (WFS), Etsy, eBay, Deliverr, and their website to reach a wider audience and facilitate sales. These platforms provide a user-friendly interface for customers to browse products, place orders, and track shipments.
Financially:
The brand has been operating as a successful e-commerce business since 2017. Over the years, the company has seen steady growth in revenue and profitability due to its strategic business model and strong market presence. By diversifying its sales channels and expanding its product offerings, the brand has been able to capitalize on the growing demand for Gourmet products online. With a focus on customer satisfaction and operational efficiency, the company is well-positioned for continued success in the e-commerce industry.
Why you should own this business:
The brand currently has 14 top-quality active products that set the quality standards of their category.
The many awards of their EVOO collection in international competitions are proof of the amazing quality offered by the brand
Their products have ranked over 60 top-10 keywords on Amazon (Amazon page 1), ensuring plenty of traffic to their listings, with over 85 keywords also ranking on the first and second pages. This is a stability factor for this business that guarantees that sales will continue to grow.
The brand has hundreds of existing Amazon "Subscribe and Save" subscribers generating consistent sales amounts of approximately $180000/year. These subscribers are growing by about 100 per month, stabilizing sales, growth, and profits every month. This is a huge plus for the new owner.
Brand traffic in 2024 (customers visiting brand pages on Amazon) is more than double compared to the average brand traffic per month in 2023
The brand's products are supported by a significant number of customer reviews: >550 (4.6 stars) for Ultra Premium EVOO and >550(4.6 stars) for Aged Balsamic Vinegar, indicating strong customer trust.
Seller feedback is 100%.
Ready plan for the next category of products we could start bringing. The manufacturer has been selected and their products are ready to go.
