A SellerForce® offering, this eCommerce company drew a massive and loyal base of high-quality customers throughout the world for their key product, the world’s smallest portable power bank which conveniently sticks to and charges your smartphone. The product became so popular that it sold out, and while the company maintains the eCommerce website, new inventory is on hold pending a new buyer coming on board to revive the company and quickly scale it.
This is a strong opportunity for a buyer, who would take control of a business that would be easy to quickly revive, and with some enviable scale options. Their product stands out for being high quality, portable, and having a much stronger charging ability than similar items. This one also avoids the problem of being too large and bulky.
The company operated very profitably from January 2021 through June 2022, selling more than 4,000+ units in 62 countries, with the company enjoying 36% profit margins on their products. Customer response was phenomenal. Buyers raved about the convenience of this no-cable wireless charging power bank, and the fact that it’s lightweight, with magnetic input and output adapters.
Customers also had high praise for the attractive packaging and pricing. A buyer with the right vision and dedication can take this business to the next level quickly, by bringing the product to Amazon, where it would be introduced to the eCommerce giant’s millions of customers while processing orders from the website. Using both sites, this business could be put on autopilot as the owner enjoys recurring revenue from this popular product.
The company benefits as well from an active social media presence that includes nearly 2,000 followers on Facebook, and customers already view this product as a premium brand, so that reputation is transferred to the new owner. With a low return rate and loyal customers continuing to request more of their product, a buyer could quickly hit the ground running in a highly profitable operation that already has a devoted customer base.
Contact SellerForce today to learn more about how this company offers a unique opportunity to deliver a product that they quickly demonstrated was in very high demand across the globe.
Listing ID: SF173
