In this post, we are going to talk about how one can have a successful solar business. This is specifically for our dealers and partners and others who want to make the most of the growth rate in the solar industry.
Everyone today wants to become a successful entrepreneur and is looking for profitable business ideas. The simple answer to know which business to start is to look for a business that is growing and the future prospects of the industry. Solar industry is one such industry given the huge demand for electricity in the future with the rising population in our country. With the increasing demand, there will be a rise in the electricity bills as well. People will install solar panels to avoid the issue of rising electricity bills. Hence, there is going to be a huge demand for solar system installations. India is planning to move to renewable energy sources like wind and solar which reduces the power cost to a minimum and are green in nature.
Here we will tell the five ways that will help prospective businessmen and women achieve their dream of accomplishing a successful solar business.
#1. Planning
To have any successful business, planning is a must. You have to study the market for potential customers, demand, supply, competition, etc. The first thing is to find out your prospective buyers because if you do not have interested buyers for your business product, starting that business does not make any sense. The potential solar customers could be those who already have a battery backup or those getting high electricity bills. Once you know about your customers and his needs move on to the next step.
Two Types of Customers: For Battery Charging or High Electricity Bill
#2. Approach
How do you plan to reach your customer? For that, you need to follow few steps like:
i) If your customer already has a battery backup
- Find out about the areas where electricity is present only for 5-6 hours.
- Find out about the areas where voltage is low (below 190V).
ii) If your customer gets high electricity bills
- Find out about those customers who use ACs extensively like homes, hospitals, schools, offices, etc. Try and visit them at a time when their electricity bills have just been delivered to them. It is usually around the 7th - 14th day of the month.
#3. Identify the Right Product
i) If your customer already has a battery backup
You should supply a solar panel with thrice the capacity of the batteries. For example, if the customer has a 150A battery, you should recommend a 500W solar panel, so that the battery gets fully charged during the whole day.
ii) If your customer gets high electricity bills
If the customer is getting an electricity bill of more than Rs. 1,000 per month he can get an AC module installed and can even expand the system if need be.
#4. Gain Trust
Solar is a big investment, hence, customers are always looking for a reliable and reputed name. It is important to get it installed from a trustworthy source. Please make sure you have the company’s visiting card, id card, product catalog, a permanent shop, and proof of installation (such as videos/ images) in the nearby/ surrounding area. A physical store is important so that the customer can visit the same and have look at the products physically. Your business should also be listed in the solar company’s website. All these factors will increase your brand value and trust in the customer's eyes.
#5. Regular Follow Up
You should follow-up with your customers regularly. If possible, visit them after they have received their monthly electricity bill. You can also keep updating them on WhatsApp. We regularly update a blog (both in Hindi and English), videos on YouTube, installation images on Facebook, every day on Loom Solar’s website. You just have to download the same and share it with your customers.
Conclusion
Every potential entrepreneur just thinks about profits and business expansion. But to achieve that, he needs to do the necessary ground work. If he successfully understands the above mentioned points and follows them, he will surely touch success. Solar is a growing business in India as there is an ever increasing demand for power. In order to cut the dependence on the grid and avoid paying higher bills, people are switching to renewable sources of power like solar. It is a growing business with huge potential in India. We wish you good luck in your future endevours.
11 comments
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Vaishali dhawal
First Time in India introducing SMART SOLAR INVERTER with Lithium Ferrous Phosphate Battery ( LifePO4) Advance Technology
Required District wise Distributor and Tahsil / City wise Dealer all over India .
Golden opportunity Investment ( only 10,000/- ) in ur District / City
It’s therefore a good idea to distinguish your services for superior quality, guarantees and assured maintenance. This is monopoly business Onetime investment in One District / City / Tahsil Area with Legal Agreement & Certificates + Leads. Advance Technology in solar systems with smart function which Bluetooth communication,
U Apoint Taluka / City Dealer and Sub-Dealer and Enjoy Great Margin. (all leads / inquiries forward to U)fast charging,
no maintenance ,
no harmful home premises ,
any gases,
8 to 10 years LifePO4 battery life.
Automatic Charger Cut Off, connectivity wit UPS enable communication ,
smart design colour combination and size .
U will get all authorized Documents from Company.
For Distributorship Call / WhatsApp ,All India Helpline – 8433577056 ,7821881825, 7208315557,
Head Office /Factory – New Delhi .
Branch Office – Mumbai / Nagpur
Mujawar pirsaheb
I am interested in your dealership and I also interested to install at present 25 KWP and future 250 KWPon grid solar plant atmy workplace wherein ample land is available
Rahul bidhuri
Sell my own solar plates
Himmat S Shah
Please give idea share with all indian to increase dream of india. Share more in detail.
Akshay Jangid
Iti student
Value Market Research
According to Value Market Research, the latest technology trends and global market opportunity analysis in the Solar Battery Market industry growing with a high CAGR in the upcoming year. Our report has categorized the market based on technology, service, development, vertical and region. https://www.valuemarketresearch.com/report/solar-battery-market
Bheki
Dear Sir/Madam
I’m setting up a solar power business, what would be the approximate lead time to deliver to South Africa?
David Khoi
Dear Sir/Madam,
We are one of importers and distributing Solar Panels in Vietnam. In 2020 we imported and distributing about 100MW with brands such as: TRINA, SOLAR, CANADIAN, LEAPTON, AMERISOLAR, AXITEC….
At these days, we need to find out the customers who has demand for JA 455w, TRINA 450w and 455w.
The quantity available in stock JA 455w: 2MW
The quantity available in stock TRINA 450w and 455w: 5MW
Method of payment: by T/T and L/C
Shipment time: within 7 days from deposit date.
Delivery term: FOB Ho Chi Minh city, Vietnam or CIF
Looking forward to receiving cooperation.
Thanks and regards,
David Khoi
BACH VIET INVESTMENT AND TRADING JSC
90 Than Nhan Trung street, Ward.13, Tan Binh Dist, Ho Chi Minh city, Vietnam
Email: manhkhoi2005@yahoo.com
Mobile/wechat/whatsapp: +84 908342835
Deepak Shikhare
Whant to know the franchise model of company