I recently came across the solar niche and hereās why I think it has massive potential:
⢠The services are high ticket (5k+) so super easy to get an ROI after paying us for ads
ā¢There are no prerequisites to buying Solar. Unlike selling cabinets that typically canāt begin until the larger remodel project has begun.
ā¢It solves a huge pain point of high electricity bills and has a huge benefit.
ā¢Solar companies are backed by government support so prospects can easily get 30% back in tax returns. (Could be 10k discount on a 30k install) These discounts make it easier to get results.
ā¢They can do jobs FAST. So they can take on a ton of work (10-20+ jobs easy per month). Unlike a kitchen remodel company that might be able to take on 5 jobs per months. Since we make them more sales, we can charge way more monthly.
ā¢Since its not very customized, its easier to train a team to sell it. So we can provide proven sales scripts as a bonus so ensure they get great results and stay as a client for a very long time.
Overall, this is a very enticing niche! And can allow you to charge a ton with a consistent and repeatable approach.
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Is this the best niche right now???
Let me know your thoughts in the comments.