I was overwhelmed with the response to my call-out for donations to Syrian refugees in Turkey. You may recall a little over a week ago, I sent out an email calling for donations of clothes, with which I would take to Istanbul on my visit and distribute to the hundreds of thousands of Syrian refugees about to endure Istanbul’s cold winter. I received many responses congratulating me on my actions, and many from people who would have loved to donate clothes but for the fact that we lived in different cities.
This is the final article in our Commercial Solar Success series.
We all know how valuable profit is to a business. It’s literally the lifeline that keeps businesses afloat. So considering that most businesses don’t want to fight tooth and claw for every cent of profit (although many in the solar industry do), what’s the best way to get maximum profit with minimal effort?
I was to give a presentation to the SEIA Queensland seminar but wasn't able due to illness. Rather than let the intel go to waste, here it is as a blog post.
- Solar businesses are feeling the pain
- Volumes are down, but not enough players have left the market
- So Price competition is intense, eroding profit margin
- Lower volume at lower profit = maximum pain
- If you’re feeling this way, you’re not alone… in fact most of Queensland is in the doldrums, as you’ll see from this presentation
This is the eleventh article in our Commercial Solar Success series.
Solar businesses (like any business) rely on profits to sustain them. So it goes without mention really that lower profits can destroy businesses. If you’re competing with other businesses on price then you are on the wrong track! Customers will naturally think that price is a big thing while making their decision, but if you can effectively communicate the value you are offering – by not selling systems dirt-cheap, then you have a very good chance of selling and making a good profit.