Solar, marine and energy storage applications are often difficult to sell due to their competitive markets. Along with most deep-cycle applications, these products frequently come under scrutiny for their battery life and performance.
When you’re trying to increase sales for your battery-powered application, it’s challenging to expand your customer base. You may feel as though you’re constantly looking for untapped markets.
In the engineering stages of product development, it’s important to choose the lightest possible materials so your application isn’t slowed down by excess weight. After all, no customer wants to drive a heavy electric boat that drags through the water.
When an off-the-shelf battery doesn’t meet your engineered product’s size or energy requirements, you should look at this problem as an opportunity to design a lithium battery solution that perfectly matches your application’s needs.
Pricing your engineered application is a complex process. There are many factors involved in a pricing strategy that boosts sales and revenue. First of all, you must understand the market. You may have already done some research to determine how much customers are willing to pay and what your competitors are charging.
When customers are shopping for a marine battery, their priorities are reliability and a long life span. Batteries serve two basic purposes in the marine market: to start up a gas- or diesel-fueled engine, and to power an electric motor. In either situation, customers want a battery that lasts for years, and one that’s reliable every time they leave the dock.
When a customer is purchasing a battery-powered device, such as an eBike or electric golf caddy, they don’t necessarily know what they’re looking for in terms of the battery. Nor do they usually understand the differences between lead acid batteries and lithium-ion batteries.
As you consider your energy storage options for off-grid solar applications, LifePO4 is the solution to meet your needs. Lithium iron phosphate is the clear choice for energy storage in off-grid applications for several reasons.