This is a prime opportunity to purchase an ecommerce enterprise which retails products on Amazon through the site’s Fulfilment By Amazon (FBA) programme. The business specialises in sourcing and distributing a colourful selection of dreamcatchers, headdresses, and party beach signs, quickly becoming popular with buyers who are looking for high-quality, vibrant accessories to bring a touch of festival season into their lives.
Established towards the end of 2016, the business quickly gained momentum at the start of 2017 and has gone on to become a highly reputable brand on Amazon, developing firm customer bases in Germany, France, and the UK, as well as burgeoning bases in Italy and Spain. The vendor quickly trademarked the Pink Pineapple brand name in the UK and EU, in order to protect the company from other sellers hijacking its listings. Additionally, trademarking the brand has allow the vendor to enrol on Amazon’s Brand Registry, thus allowing it to report any copycat sellers and have them taken down immediately.
As of recently, the business has been accepted into Amazon Handmade which has meant no professional seller fees and reduced Amazon referral fees. Additionally, if an individual purchases the company and wishes to move it t the UK/DE/FR/IT/Es - the company would be eligible for the 'small business' badge on Amazon.
Despite being negatively affected by the Covid-19 pandemic due to the closure of Amazon’s French Fulfilment centres and Amazon’s wider decision to stop accepting shipments of non-essential products, the business is predicted to surpass its previous year’s sales figure, therefore making this a significant growth acquisition.