Solar Market Research: Making Money From Solar Appliances And Chargers In Africa
Portable solar appliances are produced primarily for people in the developed countries who are going for military mission, research, recreation activities (such as hiking and camping), etc., in areas where electricity may be absent. Hence the demand and out put for these appliances are very low. But in the developing countries, solar appliances such as solar chargers are being used to compensate for the unreliable power supply needed to power computers and charge handsets, MP3, MP4, and other small devices. Yet these products are not common in the local markets. Investing into the importation of these products could yield a lot of money.
Portable solar products such as: solar cell phone chargers, solar power laptop chargers, Solar Batteries, and solar lights are very marketable in the developing countries considering that these appliances could enable handsets and laptops to remain functional even at the moment of routine power interruption.
Apart from solar cell phone Chargers; Solar Fans, Solar Pumps, and other solar equipments are also important solar products worthy of considering. For example, Private Bore-holes are very rampant in Nigeria. It is so diffused that it has become a compulsory part of building architecture. But failure of public power supply, high cost of fuel for private diesel generators and the noisy nature of the generators are a hurdle that makes solar water pump attractive. And the former problems as well as high temperatures in the region brings in the importance of solar powered fans.
The price of these solar devices are at present too expensive for the consumers in the developing countries. But cheap solar power products are sourced from china and some other Asian countries. But considerable prices could be obtained from Europe and America if trade investors could guarantee a ready market.
Solio solar products manufactured in Europe are very popular in very remote places. But they are dew to charity work that donates the products to village dwellers. But the actual price might not be affordable to the recipients.
Information Technology is very advanced in some Countries of Africa. Hence the availability of Handsets and Computers are comparable to some developed countries. These countries also have large market potentials. But the public power supply is unreliable. As such, the solar alternative is very attractive.
As a foreigner, doing business in these countries is very easy because most of the governments are more interested in foreign investment than local inputs. This is the reason they spend millions of dollars annually promoting their investment climate on cable news. Most will do a lot to protect foreign investors.
One could earn a lot of money from this business idea because in most countries there is a near absence of competition.