7 Online Electronics Store Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start An Online Electronics Store

An electronics store is where you can purchase any electronics, from smartphones to televisions. To start an electronics store, choose a niche first. You can sell brand-new electronics or focus on used electronics. Include high-quality and detailed product descriptions to increase the chances of success.

Here are some real life success stories of starting a online electronics store:

1. Mobile Pixels ($12M/year)

Jack Yao, the founder of Mobile Pixels Inc, came up with the idea for their business while interning at Amazon and working in a co-working space. Frustrated with the limited screen space on his laptop, he wished for a portable monitor that could expand from the back of the main display. Yao and his roommate Stephen prototyped the idea and successfully raised $1.5 million in presales through a Kickstarter/IndieGoGo campaign. Their product, the Duex monitor, generated $4.3 million in sales in 2019 and is projected to reach $12 million in sales for 2020.

How much they make: $12M/year
How much did it cost to start: $100K
Current team size: 4

How We Designed A $1M/Month Portable Monitor For Laptops

Mobile Pixels Inc developed a portable monitor for laptops, the Duex, which raised $1.5m in pre-sales on Kickstarter/IndieGoGo and generated $4.3m in 2019 and is on track to bring in $12m in 2020, by pivoting to adjacent verticals based on the market and attracting attention through word-of-mouth branding.

About

Jack started Mobile Pixels almost 6 years ago

Revenue

Jack grew the business to $1M/month

Costs

It cost Jack $100000 to start the business

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2. Plugable Technologies ($14.1M/year)

How much they make: $14.1M/year
Current team size: 42

Navigating The Shipping Crisis And The Ultra Competitive Amazon Landscape With Bernie Thompson

Learn how owner Bernie Thompson built Plugable Technologies into one of the most well-known USB device brands in America and the world, while using his own in-house tools to regulate his Amazon business and helping other sellers with Amazon PPC ads.

About

Bernie started Plugable Technologies over 14 years ago

Revenue

Bernie grew the business to $1.18M/month

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