Portable Phone Chargers Business

2 Portable Phone Chargers Business Success Stories [2024]

Pat Walls

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Updated: October 6th, 2024

Running out of battery is a common frustration everyone faces. A portable phone chargers business taps into this constant demand for keeping mobile phones powered up on the go. Essentially, you'll sell compact and efficient power banks that people can carry around to recharge their smartphones anytime, anywhere.

The market for portable phone chargers is growing along with our increasing reliance on mobile devices. You'll source or manufacture chargers, manage an online store, and develop packaging that stands out. It’s an attractive idea because it addresses a universal pain point.

To get started, consider leveraging ecommerce platforms, social media marketing, and perhaps even collaborations with tech influencers. With relatively low startup costs and a wide target audience, this venture has the potential to be both profitable and rewarding for those willing to put in the effort. The main challenge will be creating a unique selling proposition in a crowded market.

In this list, you'll find real-world portable phone chargers business success stories and very profitable examples of starting a portable phone chargers business that makes money.

1. Chargeasap ($6M/year)

Chargeasap, a consumer electronics startup, was founded by a serial entrepreneur who had previous experience in the fashion accessories industry. Frustrated with the limitations of current power banks and cables, he saw an opportunity to develop innovative mobile phone accessories. Through the magic of crowdfunding, Chargeasap has successfully raised over $3.7 million and delivered products to more than 130 countries.

How much money it makes: $6M/year
How much did it cost to start: $40K
How many people on the team: 4

How We Started A $500K/Month Portable Batteries And Charging Accessories Business

Chargeasap, a Sydney-based startup, has raised over $3.7 million and delivered to more than 130 countries, and now generates over $500,000 per month selling a range of portable batteries and charging accessories.

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2. Boosa Tech ($48K/year)

Chris Reimer, founder of Boosa Tech, came up with the idea for his portable phone charger business after realizing the utility and convenience of such devices. As a busy professional constantly burning through his phone's battery, he saw a business opportunity to provide people with a solution to "Low Battery Anxiety." Through extensive research, testing, and collaboration with manufacturers in China, he developed his first product, the Boosa Macro M1, a lightweight and efficient power bank.

How much money it makes: $48K/year
How many people on the team: 1

How I'm Building A Side Hustle With An Unorthodox Business Mindset

Boosa Tech's founder, Chris Reimer, built a side hustle selling portable phone chargers and successfully launched his business through Amazon FBA and later Shopify, averaging $2,000/month in sales.

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