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Business Ideas

How to Make Serious Money Selling Rechargeable Fans – It’s Very Lucrative and many People Don’t Know

Do you want to learn How to Make Serious Money Selling Rechargeable Fans? If yes, read on – Like I said in the title, this business is very lucrative and many people don’t know about it

A lot of business opportunities exist in our environment that you can tap into to make money. One of such opportunity is starting a business of selling rechargeable fans.

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This is a business that you can do without many problems as there is already a market for this product, which a lot of people need due a lot of environmental factors.

A good aspect of this business is that it can be started in a small way and grown a step at a time as a lot of money is not necessarily needed to start on a small scale at the beginning.

What the Business Entails

The business involves buying rechargeable fans and selling to customers at a price for you to make your own gain and profit.

Rechargeable fans are fans that do not need to have power supply before working as they run and work on batteries. They just need to be charged regularly so they can be used, so when there is power or light people can charge them and when the power is off people can then use them for their comfort.

Another great aspect of the fans is that they can work both with power and without power as they serve a dual purpose making it a great product to have which shows why its demand is high in the market.

This is a business that you can decide to start from home especially if you do not have enough money to rent your own shop.

This is a business that will be okay for you to do especially if you have been looking for a small business to do which you can grow over time and does not require a lot of money in the beginning.

Whys is this business good?

#1. High Demand for the Product

This is a product that is in high demand as a lot of people need to use fans. People use fans in their homes, offices, schools, hospitals and lot more places as it helps people to cool off.

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Also because the fans come in various sizes and features as well as prices, people can choose the type they can easily afford which makes the demand for the product high.

#2. Poor Power Supply

If you are in a country that has regular power supply then this is a business that may not flourish in such countries.

This is a business that will excel in a country where power supply is irregular, inadequate and poor. For example in a country like Nigeria this a business you can be confident of doing as the country has poor power supply.

This is why a product like rechargeable fans will sell as people do not need to have light all the time before they use them as they run on batteries which are charged when there is power and work on their own for some hours when power is not available.

Though people may have generators to provide power in their homes or offices or any other place, the cost of running a generator can be quite expensive which has led to a lot of people purchasing rechargeable fans for them to use when they need to be cool.

#3. The Environment is Getting Hotter

A country like Nigeria is usually hot through out the year which means people will need a fan most of the time to stay cool.

With the power supply and the cost of using and maintaining a generator people will be inclined to buy a rechargeable fan to cope with the heat.


What do you Need to Start this Business?

Learn the Business

Before you start the business you will need to learn various aspects and parts of the business so as not to make costly mistakes when you begin.

For example you will need to learn the types of rechargeable fans that are available for you to choose the types you will buy and start the business.

There are standing and table size rechargeable fans which come with different blade sizes and other features. It is up to you to learn about this and their prices the best places to buy them with good quality.


How to Operate this Business

Before starting you have decide whether you will rent a shop or start the business from home. If you choose to rent a shop you much try and get a shop in a place that has a lot of activities where people can easily see your shop and have access to you.

You can also decide to start from home provided you have the space to store the product and sell to people bit by bit. If you are starting the business from home you will have to tell people about the products and probably have to show them a sample before they buy.

You can also introduce a delivery system to deliver the fans to people who want to buy to ease the stress of them coming to buy the product at your home or shop.

This can lead to more business opportunities for you as you can supply to people far and wide after promoting the business which can be done through the use of flyers and advertising online.

At this stage you will need to invest in vehicles and employ workers to help you make the deliveries.

This is a great business for you to do, ensure you do a feasibility study before starting the business as well as register the business and meet all requirements of the authorities.

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Ifiokobong Ibanga

Ifiokobong Ibanga is the founder of InfoGuideNIgeria.com. You can get in touch with him on Instagram @ifiokobong. If you need a personal assistance on this topic, kindly send a message. Much Love!

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