{"id":7255,"date":"2018-05-19T13:22:12","date_gmt":"2018-05-19T07:52:12","guid":{"rendered":"https:\/\/www.instamojo.com\/blog\/?p=7255"},"modified":"2022-01-03T18:19:35","modified_gmt":"2022-01-03T12:49:35","slug":"loom-solar-selling-sun-buy-instamojo","status":"publish","type":"post","link":"https:\/\/www.instamojo.com\/blog\/loom-solar-selling-sun-buy-instamojo\/","title":{"rendered":"Loom Solar is Selling The Sun and You Can Buy It"},"content":{"rendered":"<p>We&#8217;re not even kidding! For about a decade, we have been harnessing solar energy and packaging it to fuel our needs in a sustainable manner. But, buying ready-to-use solar energy is not as easy as buying potatoes in a supermarket. <strong>Loom Solar is one startup that is making buying solar powered energy, simpler.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Headquartered in Delhi, <strong>Loom Solar<\/strong> has developed an online platform\u00a0<\/span><span style=\"font-weight: 400;\">where all solar products of top brands are sold online across the country. Their unique offering includes:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Guarantee of latest products.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Delivery and Installation across India within 3 days.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Hassle free government approvals for subsidy and net metering. <\/span><\/li>\n<\/ul>\n<h2>The Beginning of Loom Solar<\/h2>\n<p><span style=\"font-weight: 400;\">&#8220;It all started with brainstorming to start a new business and leave the luxury of Monday to Friday corporate jobs,&#8221; Amol Anand, co-founder of Loom Solar told us in an email interview. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amol started the venture with his brother Amod.\u00a0<\/span><span style=\"font-weight: 400;\">Amol left the position of Product manager at Luminous India and Amod quit his job at homeshop18.com to start Loom Solar.<\/span><\/p>\n<p><strong>Speaking about what made them steer into this industry, Amol asserted:<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Solar energy is a roughly 5,000 Cr. Industry. Most of the sale is happening in the commercial and industrial sector with very limited PAN India player. <strong>With 30% subsidy, 80% accelerated depreciation benefit and 5 years money back investment period, this is one of the most lucrative sectors today.&#8221;<\/strong><\/span><\/p>\n<p>Amol believes, in the next 5 years the solar industry will grow multifold.<\/p>\n<blockquote><p><span style=\"font-weight: 400;\">Solar power will be used more commonly in railway stations, metro stations, private shops, and even offices.<\/span><\/p><\/blockquote>\n<h2>Doing it the Loom Solar Way:<\/h2>\n<p>How does Loom Solar make solar powered products accessible to everyone?<\/p>\n<p>Think of Loom Solar, like an Amazon for solar products.<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-7263 size-large\" title=\"loomsolar\" src=\"https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-1.01.00-PM-1024x568.png\" alt=\"loomsolar\" width=\"1024\" height=\"568\" srcset=\"https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-1.01.00-PM-1024x568.png 1024w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-1.01.00-PM-300x166.png 300w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-1.01.00-PM-768x426.png 768w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-1.01.00-PM-960x532.png 960w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-1.01.00-PM.png 1439w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><strong>Loom Solar is a mix of an\u00a0online and offline store. They sell solutions, offer consulting before product purchase, educate\u00a0the customer about benefits of <a href=\"https:\/\/www.loomsolar.com\/collections\/on-grid-solar-system\" target=\"_blank\" rel=\"noopener\">solar\u00a0powered products<\/a>. <\/strong><\/p>\n<p><strong>What&#8217;s more? They provide at-home consultations. You also get delivery and installation within 3 days of purchase across India &#8211; even in remote villages!<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;As of now, 5 top brands are listed on the platform, in next 3 month, top 10 brands will be listed, and we plan to launch some international brands in India through our platform,&#8221; Amol said.<\/span><\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-7262 size-large\" src=\"https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-12.59.08-PM-1024x522.png\" alt=\"loomsolar\" width=\"1024\" height=\"522\" srcset=\"https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-12.59.08-PM-1024x522.png 1024w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-12.59.08-PM-300x153.png 300w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-12.59.08-PM-768x392.png 768w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-12.59.08-PM-960x490.png 960w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-19-at-12.59.08-PM.png 1437w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><strong>&#8220;We are very different from our competitors. Their service ends after you buy from them. They do not provide you installations or subsidy. They just ship the product and that&#8217;s it,&#8221; Amol highlighted.<\/strong><\/p>\n<h2>Making Money:<\/h2>\n<p><span style=\"font-weight: 400;\">Loom Solar&#8217;s business model is pretty simple. There are three ways the company earns revenue. In Amol&#8217;s words:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Consumer sale<\/strong> \u2013 every sale that happens<\/span><span style=\"font-weight: 400;\"> on the platform of loomsoalr.com, we charge a commission from re-sellers.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>City partner programme<\/strong> \u2013 there are new entrepreneurs coming into the solar industry every day, in every city, we are making loom solar partner to sell solar from offline shops. \u00a0We charge a royalty from these city partners. <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>New brand launches<\/strong> \u2013 we charge a certain amount every month from the brand to promote their sale on our platforms. <\/span><\/li>\n<\/ol>\n<h2>The Mechanics of Selling Sun:<\/h2>\n<p>Usually, solar powered products are available online just like other products. One registers in a marketplace and puts up the product for sale. How is selling on Loom Solar different?<\/p>\n<p>Amol has an interesting take:<\/p>\n<p><strong>&#8220;Selling solar is like selling property, you get payments in installments like &#8211;\u00a0<\/strong><strong>5% at order booking, <\/strong><strong>90% at delivery and\u00a0<\/strong><strong>5% at installation.&#8221;<\/strong><\/p>\n<p>Loom Solar&#8217;s business model works on partial payments. That&#8217;s why Instamojo is a perfect fit!<\/p>\n<blockquote><p><span style=\"font-weight: 400;\">&#8220;Collecting payments through Instamojo is easy! Earlier, we used to send personalized emails for collecting payments, and it was a tedious task. But with Instamojo collecting payments has become really simple. <\/span><span style=\"font-weight: 400;\">Instamojo allows our customers to select the amount and pay in few clicks with any mode of payment, and that is really awesome for us,&#8221; Amol asserted.<\/span><\/p><\/blockquote>\n<p><strong>Want to buy some sun?\u00a0<\/strong>Just head over to <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.loomsolar.com\/\" target=\"_blank\" rel=\"noopener\">Loomsolar.com<\/a><\/span><\/strong> and have all your solar-powered energy needs met.<\/p>\n<p>Instamojo helps startups like Loomsolar and many others get started with their business in minutes. You don&#8217;t just get easy payments but also get a detailed dashboard, sales reports, customer analytics, and much more. Start your Instamojo experience in under two minutes!<\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a class=\"mb-button mb-style-flat mb-size-default mb-corners-default mb-text-style-default \" style=\"background-color: #2bc470;\" href=\"https:\/\/www.instamojo.com\/?utm_source=imblog&amp;utm_medium=interlink&amp;utm_campaign=home_page\" target=\"_blank\" rel=\"noopener\">GET STARTED HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"We&#8217;re not even kidding! For about a decade, we have been harnessing solar energy and packaging it to&hellip;\n","protected":false},"author":5,"featured_media":7257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[1495,1497,1499,1490,1493,1492,1494,1491,1496,1498],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Loom Solar is Selling The Sun and You Can Buy It - Blog Instamojo<\/title>\n<meta name=\"description\" content=\"Wondering how to switch to solar energy? Consider shopping on Loom Solar - one of India&#039;s best solar power selling website that doesn&#039;t just tell you what to buy but also comes home to fix it up for you. 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