Online Electronics Store

2 Online Electronics Store Success Stories [2024]

•

Updated: July 23rd, 2024

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.

In this list, you'll find real-world online electronics store success stories and very profitable examples of starting a online electronics store that makes money.

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 money it makes: $12M/year
How much did it cost to start: $100K
How many people on the team: 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.

Read this case study

Read by 9,029 founders

2. Soundbrenner ($3.36M/year)

Florian Simmendinger came up with the idea for Soundbrenner while in Berlin, after meeting other entrepreneurs and realizing there was no reason to wait to start his own business. He teamed up with co-founder Julian Vogels and developed the concept of a vibrating metronome, which eventually led to the creation of their first product, Pulse, a smart wearable device. After successfully launching on Indiegogo and raising $1.6M, Soundbrenner has sold close to 100,000 wearables and become a popular choice among musicians, with their mobile app boasting over 6 million downloads and 600,000 monthly users.

How much money it makes: $3.36M/year
How much did it cost to start: $5K
How many people on the team: 17

How We Designed A $230K/Month Wearable For Musicians

Soundbrenner raised $1.6M on Indiegogo and sold close to 100,000 smart wearables for musicians, featuring a vibration metronome that can be felt, rather than heard, and released a full smartwatch for musicians; the company's mobile app is the world's most popular metronome with over 6 million downloads and over 600,000 musicians that use it every month.

Read this case study

Read by 9,533 founders