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Shopify Store breaking even (3)


05-22-2017 03:34 PM #1 gcxx (Senior Member)
Shopify Store breaking even

Few months ago we started a Shopify store. we have found a few products and they are doing okay but not great (ie breaking even at the moment ) . Dont know if its the affiliate in me but i am always looking for volume so we are doing around 3-4k per day in sales even though its just breaking even. We are thinking about the LTV and hopefully at least double what we get out of each customer in the long term. Currently we get back to our customers within hours (customer support emails and FB messages) but what we are worried about is the long shipping times from aliexpress. Do you think we will piss off all the customers, and they never order from us again? Since we have only done affiliate stuff prior to this we are not sure we understand fully how to keep a customer happy long term. But we are doing our best in terms of what we can control from here.
are we doing something too risky/supid here? want to hear from people with experience ...


05-24-2017 08:43 AM #2 pekadis (Moderator)

The answer to your question is hopefully something you can find yourself by digging into your data.

With a few months of history, there should be some repeat customers. Try to see if there are.

Also, what have you set up in terms of ways to get contacted: chat, mail, phone?

The thing you need to do is:
- get data for all channels: # of contacts per day, # of contacts per category (shipping, prices, other - whatever you want to track)
- have a someone (yourself, employee, VA) create a spreadsheet and see what people are contact you about

At the same time, set up email campaigns with product suggestions. If you have mail chimp, this is very little work.
Check to see how many people / percentage of reorders/

Play around with timing of that mail to see what works best (immediately after purchase, one week, 4 weeks, 6 weeks)


05-24-2017 10:31 AM #3 cbrughmans (Member)

if you do 3-4K sales a day, you'll have enough data/people that will reach out to you in order to determine if the long shipping time is an issue for them or not.
If you do 100-150 sales a day, after a few weeks of running it will become obvious if you get a lot of complaints about shipping or not. Look at the percentages.

And also the fact that you are breaking even is great already. I'd start up mailchimp mailings asap to start making profit on the second sale (no marketing spend!).

In our experience its not an issue for our stores, but we do announce very clearly on the product that shipping will take 2-3 weeks. So they know that upfront when ordering. people dont like (negative) unexpected surprises. Its all about managing expectations.


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