6 Home Security System Success Stories [2023]
Home security systems deter criminal activities and protect valuables. Homeowners install high-quality security systems so they can monitor their homes remotely. Besides, a modern home security system lowers homeowners’ insurance by up to 20%.
As homeowners prioritize protecting their investments, starting a home security systems business can be profitable. However, the profitability and success of home security systems depend on your approach. You can partner with a home security systems manufacturer as their distributor or technical expert. Alternatively, you can develop your line of security systems from scratch.
To start a home security business and become a successful business owner, you need a basic understanding of technology and electrical systems. With the proper knowledge, you can install the systems appropriately and earn recommendations from existing customers.
Here are some real life success stories of starting a home security system:
1. Konnected Inc. ($840K/year)
Nate Clark (from Orlando, FL, USA) started Konnected Inc. almost 6 years ago.
I’m Nate Clark, founder of Konnected. Three years ago, I was faced with a challenge: I had a wired home security system but no way to monitor my home on my terms, from my own devices, when I was away. I developed what eventually became Konnected to provide a smart upgrade to my security system, using the existing wiring and sensors paired with some open-source software so that I can monitor my home right from my phone.
As the project gained popularity on GitHub, people began reaching out to me to build units for them. It quickly became clear there was a market need for a solution like Konnected for consumers wanting to breathe new, smart, life into their wired home security systems. Today, we are shipping approximately 9,000 orders per year, bringing in an estimated $1,000,000 in sales, and with the increasing demand, we’re able to further develop and expand our line.
2. Ajax Systems
Ajax alarm system — The most awarded wireless security system in Europe
- Website traffic: 320K/month
- Business rank: #122K
Check out their full website ➜
Learn more about starting a home security system:
Where to start?
-> How much does it cost to start a home security system?
-> Pros and cons of a home security system
Need inspiration?
-> Examples of established home security system
-> Marketing ideas for a home security system
Other resources
4. Cove Smart
Cove's DIY home security system is the easiest to install, professional grade security system on the market. No contract necessary and very affordable.
- Website traffic: 490K/month
- Business rank: #132K
Check out their full website ➜
5. The Home Security Superstore
We offer a money-back guarantee and affordable prices for all your security needs, including home security systems, effective self defense products and more.
- Website traffic: 240K/month
- Business rank: #153K
Check out their full website ➜
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