Online electronic parts shop for makers

Hobbyists, makers, students, small repair shops and tinkerers who want small quantities fast.

Markup on parts bought in bulk, higher margins on curated kits and small lots, plus shipping fees. Repeat buyers in a niche are the key.

• Knowing components and how they are used
• Inventory tracking and labeling
• Basic online selling and customer service

• Counterfeit or poor-quality parts: buy from authorized distributors and keep records of where stock came from
• Sales tax registration with your state and collecting tax where required, check your state's rules
• Product rules such as lead and hazardous materials (RoHS-type) or battery shipping limits, check before selling or shipping certain items
• Static-safe storage and packaging so parts are not damaged
• Check HOA or lease rules and any home occupation permit if you store and ship stock from home
• General liability and product liability insurance

Startup costs are typically around $1,000 to $5,000, depending on how much bulk stock you buy, your packaging and storage supplies and your website or marketplace setup. These are estimates, so start with a focused niche.

Monthly revenue is typically around $500 to $3,500, depending on your niche, product range and how many orders you ship. These are estimates only and will vary with how well you market to makers and hobbyists.

Check where your stock comes from, since counterfeit parts are a risk, and buy from authorized distributors. Also check state sales tax registration, lead and hazardous materials rules, battery shipping limits, HOA or lease rules for home storage, and product liability insurance.