Power Bank Shop

Power Bank Shop Success Stories [2024]

Pat Walls

•

Updated: October 10th, 2024

Need to keep your tech-savvy audience charged and on-the-move? Consider opening a power bank shop.

This business focuses on selling portable battery packs that keep smartphones, tablets, and other electronic devices powered up anytime, anywhere. From compact options that fit in a pocket to high-capacity models for extended use, your shop can cater to a wide range of customer needs.

In our ever-connected world, the demand for reliable, portable charging solutions is continuously growing. By providing a variety of power banks, you’ll address a real need and carve out a niche in the bustling electronics market.

Starting a power bank shop involves setting up a retail front—either physical, online, or both—and establishing relationships with reliable suppliers to maintain inventory. With the right marketing strategy, you can easily attract tech enthusiasts, frequent travelers, and busy professionals.

If you’re interested in a business that combines practical utility with high demand, this could be your next venture.

In this list, you'll find real-world power bank shop success stories and very profitable examples of starting a power bank shop 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.

Read this case study

Read by 9,814 founders

2. letsworkremotely ($12K/year)

Steven Lin, co-founder of letsworkremotely, was a bored 19-year-old college student looking for a challenge when he stumbled upon the idea of creating a Facebook group for remote job postings. Realizing the value of his community, he expanded the concept and partnered with co-founder Ciaran Redmond to create the largest remote community with multiple remote job/digital nomad Facebook groups, growing at a rate of 100 people per week. They now plan to focus on monetization and differentiate themselves from other remote job board sites.

How much money it makes: $12K/year
How many people on the team: 0

How Two Friends Created One of the Largest Remote Working Communities

Let's Work Remotely, co-founded by Steven Lin, has built the largest remote community possible with over 100,000 members, including four Facebook groups with engagement from over 60% of members, growing at a rate of 100 members per week and ranked in the top 0.1% of websites in the world, with plans to monetize the platform through a freemium job posting model.

Read this case study

Read by 5,015 founders