How to make money selling electricity online. With deregulation now in 23 states and more to come, many people are wondering how can they get their piece of the pie, and more importantly, how can they do it online.
First of all, what I love about this industry is that it is recession proof! That’s right. Think about it. When recessions hit, the first things to go are the luxuries and I know that in other countries this may be a luxury, but here in the U.S., thankfully, it is not.
We will get rid of cable, down grade our cars and houses, limit our entertainment budgets, terminate our gym memberships, BUT WE WILL NOT TURN OFF OUR LIGHTS! PERIOD! They may get shut off on you, but that is a whole other matter.
How to get started: The Big Picture
Step 1: Figure out if you want to market/offer residential,commercial, or industrial electricity. (Just starting off, I recommend you choose one. As you gain experience, you can add the others.)
Step 2: Figure out if you want to focus nationwide(not recommended for beginners), on just your state, or even, just your city. This is called niching down. The broader the audience, the less you will make money. The more specific your audience the better.
Step 3: Choose your company/companies to promote. Many of your main providers have affiliate programs that are free to join and provide some basic training and online ads and banners you can display on your website….yes you will need a website, hence the title of this article “How to make money selling electricity online.” The key word being “online.”
You have no idea how to build a website you say. Don’t worry, click here and I can show you how to build one in under 30 seconds….no seriously, 30 seconds.
Step 4: Build a Website around the answers to the questions above. It doesn’t need to be flashy. Actually, the simpler, easy to read, easy on the eyes, the better.
Step 5: Start Blogging. Start Creating Content.
I know, I know. How much can you really write about on electricity? That’s what most people think. On the contrary, the list of things to write about on electricity is lengthy. For example, you can write topics on:
- Electricity company reviews(this is easy because most have used several different companies)
- Deregulation: explain what it is and in what states
- Top 5 things you can do write now to cut your energy bill by 15%
- Teach others what the Energy Facts Label is, and how to read it
- Don’t be deceived by the teaser rate: Be aware of other fees!
- The company reviews if huge so I am putting it twice, you can compare customer support, or do these companies support certain organizations i.e many companies will give to charities a percentage of your bill or their are “green” energy companies
- Your 3 Top Electricity wasters in your home
Hopefully you get the idea. There is so much to write about and so many angles to write about them.
One of the main reasons why I also love selling electricity online is the monthly residual income. Most electricity companies with affiliate programs pay a monthly residual based on the customers bill. Imagine you have 100 0r even 1000 customers paying $150/mo and you are getting a piece of that every month because they went through your site to get their electricity!
Hopefully you see the benefit and the method of how to sell electricity online. If having an online business, whether it is electricity or something else, excites you, but you really have no idea how to even get started. If you get the idea of what you just read but don’t understand the “how to” tech stuff to get it done, then check out #1 recommendation for the best online training system.
If you have any other content ideas on electricity, have some personal reviews on electricity companies, or just have some questions about making money online, then please leave your comments below, it would be greatly appreciated.