6 Trade In Electronics Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Trade In Electronics

Here are some real life success stories of starting a trade in electronics:

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. Best Buy

Shop Best Buy for electronics, computers, appliances, cell phones, video games & more new tech. In-store pickup & free 2-day shipping on thousands of items.

Where they're located: Manhattan Community Board 1, New York, USA
Website traffic: 141M/month