A SellerForce® offering, this Amazon seller has found a highly receptive audience for a growing catalog of popular Replenishable Products that include their top seller, a Brand Name Gourmet Oil. Sales have been so strong that the company has grown to 250+ SKUs, which sell at a healthy pace throughout the year. This 4-year-old company wisely recognized the demand for a wide range of consumer products, including its private label Cooking Oil, and the result has been a rapidly expanding and increasingly loyal customer base. Those buyers like what they’re getting and have responded by providing the company with glowing reviews and an average 5-star rating.
The company has been able to increase its catalog quickly by buying replenishable products online and then reselling them on Amazon. The demand is there for these SKUs, which are competitively priced at a $29 Average Order Value. The brand increased its sales by a whopping 46% in 2023 compared to a year earlier, while doubling its net profits at the same time. Those healthy margins are also being driven by the launch of a subscription service for its trademarked oils. That subscription revenue is contributing to the company’s sharply rising profits.
There are significant advantages for an investor looking to operate a successful Amazon shop. In addition to the company’s solid recurring revenues and loyal customer base, this is an automated business, requiring no more than 8 hours per week of work from the two owners. A full-time virtual assistant handles daily operations, while the company takes advantage of Fulfillment By Amazon for fast shipping and convenient customer service.
The new owner also inherits the company’s strong social media marketing campaigns that promote their trademarked brand oils and subscription service. This has been instrumental in generating higher levels of brand recognition and boosting customer engagement. This is a business that a new owner won’t find difficult to scale. A new owner could send profits skyrocketing by launching additional SKUs for upsells, while starting an influencer campaign on the social media platforms.
An email marketing campaign to the brand’s subscribers and a PPC ad campaign on Google and Amazon would also expand their customer base by significant numbers.
Contact Seller Force today to learn more about this unique investment opportunity.
Listing ID: SF369
