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Summary RENEWABLE ENERGY : SOLAR PANELS

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  • RENEWABLE ENERGY
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  • RENEWABLE ENERGY

Cost Results Cost evaluation the prototype includes; the cost of production and material used in making in implementing the preliminary design. The cost of preliminary design solar is tabulated below Table 1: cost details of a solar panel prototype S.no Material description Budgeted cost Actua...

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  • November 17, 2023
  • 17
  • 2023/2024
  • Summary

Subjects

  • renewable energy solar panels

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  • RENEWABLE ENERGY
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Running head: Solar panels 1


Solar panels


Name




Tutor


Course


College


Date

,Solar panels 2


2.6 Cost Results

Cost evaluation the prototype includes; the cost of production and material used in making in

implementing the preliminary design. The cost of preliminary design solar is tabulated below


Table 1: cost details of a solar panel prototype


S.no Material description Budgeted cost Actual cost


1. Solar panel + 20ft 100 129

wires


2. 2 motors 250 300


3. 3 wheels Donated Donated


4. Shaft 50 50


5. 2 Roller blades Donated Donated


6. Rails 50 50


7. Wattage Sensor 100 100


Totals $ 550 $ 629




2.10 Commercialization Plan Summary

In order to deliver the product to the market, one has to use the following strategies:

, Solar panels 3


a. Plan for effective marketing


Most of the small companies fail in this department because they are understaffed. There proper

planning need to be given priority when doing the marketing of the product. Assign enough

people to work on executable strategies on getting as many clients as possible. Finances to do

this activity should be enough. Marketing outlets include; physical involvement such as road

shows and media e.g. newspapers, Radio stations, social networks – Facebook, Myspace, twitter,

linked in etc.


b. Take time to analyze


Marketing involves giving what you have for the users of the product to respond. Start by doing

market research of the current customers of the product. Tools to be used in the survey are

Zoomerang and Survey Monkey.com. After proper and effective marketing one has to look at the

fed back of the inputs. Using closed loop analysis, amendments of marketing channels has to be

made whenever necessary. Do compare the different types of marketing used and concentrate on

the one that tends to yield a substantial output. While maintaining the rest of the channels active.


c. Identify your market cycle.


Marketing should be a continuous process. It doesn’t matter the season. All tools used in

marketing like internet blogs should always be active when other channels are affected by

weather conditions. Campaigns about product adoption should help a great deal in self-

establishing in the natural marketing cycle.


d. Set budgets and calendars

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