Thread: GREAT New Product and Sales Opportunity

Originally Posted by Maestro

Sounds very interesting, but is it a US opportunity only, or is it possible to apply it in Europe as well?

We sold a few units to my cousin who manages a huge printing warehouse in New Jersey. He then bought 2 more units for their warehouse in Toronto, Canada. He's had them in for a few months now and they are working out very well for him.

As far as Europe goes, I'm not sure how things work with electrical supply over there. I will look into it though, as it could be a huge opportunity if there is nothing like it overseas.

Originally Posted by m31ab

It seems as though our target market is the same, if you don't mind me asking, how did you approach these businesses?

As of right now, since this is a brand new product and it's in it's infancy stage, I'm starting with business owners that I know first. I just happen to know a lot of people who own businesses that this is suited for. My plan is to let a bunch of them try it out for a month and if they like it, they will buy it. Most of them have numerous buildings so after they see the savings they will want it in each one. After that, word should start to spread fairly quickly.

My other plan of attack is to build a team of salesmen, I've already hired 8 guys to sell for me in various parts of NY/NJ. Since the commission is so high, I am able to pay them part of my commission and it is way more than fair. I'm not really a salesman . I'm more of a leader so this way will work much better for me.

So far it's going well. I have a few meeting with some big time business owners this week and next. This should really kick into another gear in about 2 months once we have a nice list of references and testimonials.

Originally Posted by Maestro

ounds very interesting, but is it a US opportunity only, or is it possible to apply it in Europe as well?

So far we have some boxes in Canada. As far as Europe goes, I'll find out if there's any chance of that in the near future.

Perhaps I missed this in the forum, but why can't this item be sold in states that are not de-regulated? I know little about the utility sector.

Theres no problem with selling it in states that aren't deregulated. The problem is that in states that aren't deregulated, you can't get a fixed rate. A fixed rate is crucial because without it electric companies can change their rate at any time they want for no apparent reason.

What we noticed here in NY/NJ is that when a business with our box didn't have a fixed rate, the electric company raised the price per kilowatt as demand went down. They are obviously noticing the lower demand and adjusting their price to even it out.

In a deregulated state, you can get locked in at a low fixed rate for up to 5 years and there's no way for the electric company to make up for the lower demand.

Within the next 2 years, every state should be deregulated.

I see. Thanks for the clarification. Well hell if thats the case no wonder no one saves energy in these states; if they are just going to raise the rates when you save whats the incentive lol.

Originally Posted by IdleMogul

if they are just going to raise the rates when you save whats the incentive lol.

Government corruption! That's the beauty of this whole DE-regulation. Finally we have an opportunity to say "screw you" to the huge corrupt energy companies.

In PA, (Philly area), you need to have $2500 for the security deposit, plus you may need a EIN, but I'm not 100 % on this. Check your PM btw, thanks. Roc

Best Green Capacitors, Gem, Best green distributors, all useless - Best green Capacitors, Best green Distributors. F. Swetsky consumer complaint

The guys an obvious scammer.

And your obviously a competitor. I was always taught not to knock my competition. If you really need to know what that fake report is about I'll explain. It's a BS complaint from an ex partner who was caught stealing from the company. There is actually a lawsuit against him now. I'm wondering now if this is you Vinny.

Thanks for banning this fool.

Originally Posted by Likwid24

Thanks for banning this fool.

He wasn't banned for his comment on this thread. He was banned because he was spamming that scam link on every single thread, regardless of the thread's content.

The problem I see, assuming I am understanding this correctly is the market could be relatively small.

First off, A LOT of businesses lease, therefore not wanting to invest in the building but rather their own business. So, a better market, one would think, would be building owners. But, since they bill back all of the electric costs in CAM to their tenants, they don't necessarily care about improving the efficiency either.

So, the only market I see benefiting, is LARGE heavy duty industrial users that own their own real estate.

From my experience, this is not all that many companies.

Originally Posted by MJDeMarco

He wasn't banned for his comment on this thread. He was banned because he was spamming that scam link on every single thread, regardless of the thread's content.

I did a lot of research and searching for more info on this product after I was approached last month by one of these "salesmen". I own several properties, all heavy consumers of electricity, and several associates of mine, including myself, began to research both Best Green Capacitors and the entire capacitor industry in general. The good news is that the product itself does work, I can not vouch for the company stated here. But the capacitor will work when properly paired to a piece of machinery. I also met with reps from 2 other companies in the same business, who approached the idea differently. To make a long story short to save a couple of dollars, it would have taken 12 capacitors placed on the equipment in my buildings that draw the greatest amount of energy. I opted to go with the other salesman for several reasons: Best Green had no existing customer base worth recognition, it was an apparent gimmick because they claimed to have UL and CE which was false, they attempted to use the ESCO savings as more of a smoke and mirror tactic, but the biggest reason was after reviewing their literature I realized that they copied, almost verbatim, the ESCO companies sales material. I ended my conversation there and directed my attention to the rep from EnergyMizer just because his projections were more realistic, I did not feel strong armed, and the company seemed a bit more stable.

Originally Posted by MNentre

The problem I see, assuming I am understanding this correctly is the market could be relatively small.

First off, A LOT of businesses lease, therefore not wanting to invest in the building but rather their own business. So, a better market, one would think, would be building owners. But, since they bill back all of the electric costs in CAM to their tenants, they don't necessarily care about improving the efficiency either.

So, the only market I see benefiting, is LARGE heavy duty industrial users that own their own real estate.

From my experience, this is not all that many companies.

You are entirely correct. I own all of my properties, mostly in New Jersey. The bigger issue for Likwid is that the product that he is offering doesn't work. If you read my post I met with a total of 3 distrinutors, one was Likwid's friend's company....Best Green. Before I spent over $50,000 per building I did a lot of research. New Jersey does not require permits but frankly there is a miscommunication somewhere with the energy supplier part. The only time you see an increase in the delivery charges from the electric company is when you begin to exceed the numbers that they feel are above efficient. Lowering your demand is a good thing and you aren't penalized for it. I became successful owning commercial real estate and the theory of utilizing capacitors clearly makes sense. Likwid, I would recommend that you look for other manufacturers of these units and yes you have a shot at a good product. I did a tremendous amount of research from investigating the owners, the people who claimed to be owners, the certifications, and again I found that the common root was that fraud was clearly involved in all areas of the company. There is zero capital backing the operation, the marketing material is an exact reprint of what one of the largest ESCO companies use, the graphics and the text were copied and the name of the company was changed. The owners, or at least the people claiming to own the company, have either been involved in fraud before and paid civil fines for such at a time when leniency was extended, they have very little capital....none of them are living off of their interest. Typically those that say they do really don't. The 800 number to Best Green is a road to nowhere, there is no staff, no support, nothing. I researched the police complaint, it was against the partner that Best Green claims is an electrician. Apparently there was a dispute between him and his former partner, but the Best Green person is the one in criminal court. That's a concern also.

I contacted UL and CE, which is the Canadian certification like UL, and neither lab had anything even suggesting that an application had been made to them. Despite that the sales material and website make suggestions that they have met UL and CE standards. Ultimately my conversation with the UL rep suggested taking caution because they are probably either having these boxes built in China, or they did truly steal them as I saw on the internet when I did a simple search for the company. My recommendation would be to probably separate yourself because this is the type of company that ruins a good thing. Again I chose to deal with another firm that offered many different payment options, leasing and renting options. The units I went with did not save me 20% or better as promised by Best Green but rather 10% or better. I'd have to think being conservative is often better these days.

My advice to you Likwid is run hard with your plan but do better product research and don't believe people who say they can live off of the interest on their money, there's no such person. You seem very enthusiastic but do your homework, remember people don't plan to fail they fail to plan. Many companies offer franchises to people such as yourself, look into it. As a customer and successful real estate owner I can tell you you need to rethink who you are doing business with.

Originally Posted by de1iberate1970

You are entirely correct. I own all of my properties, mostly in New Jersey. The bigger issue for Likwid is that the product that he is offering doesn't work. If you read my post I met with a total of 3 distrinutors, one was Likwid's friend's company....Best Green. Before I spent over $50,000 per building I did a lot of research. New Jersey does not require permits but frankly there is a miscommunication somewhere with the energy supplier part. The only time you see an increase in the delivery charges from the electric company is when you begin to exceed the numbers that they feel are above efficient. Lowering your demand is a good thing and you aren't penalized for it. I became successful owning commercial real estate and the theory of utilizing capacitors clearly makes sense. Likwid, I would recommend that you look for other manufacturers of these units and yes you have a shot at a good product. I did a tremendous amount of research from investigating the owners, the people who claimed to be owners, the certifications, and again I found that the common root was that fraud was clearly involved in all areas of the company. There is zero capital backing the operation, the marketing material is an exact reprint of what one of the largest ESCO companies use, the graphics and the text were copied and the name of the company was changed. The owners, or at least the people claiming to own the company, have either been involved in fraud before and paid civil fines for such at a time when leniency was extended, they have very little capital....none of them are living off of their interest. Typically those that say they do really don't. The 800 number to Best Green is a road to nowhere, there is no staff, no support, nothing. I researched the police complaint, it was against the partner that Best Green claims is an electrician. Apparently there was a dispute between him and his former partner, but the Best Green person is the one in criminal court. That's a concern also.

I contacted UL and CE, which is the Canadian certification like UL, and neither lab had anything even suggesting that an application had been made to them. Despite that the sales material and website make suggestions that they have met UL and CE standards. Ultimately my conversation with the UL rep suggested taking caution because they are probably either having these boxes built in China, or they did truly steal them as I saw on the internet when I did a simple search for the company. My recommendation would be to probably separate yourself because this is the type of company that ruins a good thing. Again I chose to deal with another firm that offered many different payment options, leasing and renting options. The units I went with did not save me 20% or better as promised by Best Green but rather 10% or better. I'd have to think being conservative is often better these days.

My advice to you Likwid is run hard with your plan but do better product research and don't believe people who say they can live off of the interest on their money, there's no such person. You seem very enthusiastic but do your homework, remember people don't plan to fail they fail to plan. Many companies offer franchises to people such as yourself, look into it. As a customer and successful real estate owner I can tell you you need to rethink who you are doing business with.

So you are saying this product isn't good or the people who created it aren't? Or both?

Originally Posted by hedgehog757

So you are saying this product isn't good or the people who created it aren't? Or both?

The product itself is great, we have already seen savings in the 12 percent area. I don't want to bad mouth anybody else's business but there's obvious engineering that goes into making this product. Choosing a legitimate vendor is important because apparently there have been fires and explosions as a result of sub par equipment.

Originally Posted by hedgehog757

So you are saying this product isn't good or the people who created it aren't? Or both?

Just to clarify, I made my purchase through another company. My opinion can be challenged, but I do not believe that Best Green had a working product. I know it wasn't UL or CE, as stated, and there were no applications for either certification. My concerns were that they were under capitalized, made false claims regarding important certifications. Again, speaking from a business perspective, there is a market of people like myself that will purchase these units, so there is an effective way to make money, but do it the right way.

Originally Posted by de1iberate1970

Just to clarify, I made my purchase through another company. My opinion can be challenged, but I do not believe that Best Green had a working product. I know it wasn't UL or CE, as stated, and there were no applications for either certification. My concerns were that they were under capitalized, made false claims regarding important certifications. Again, speaking from a business perspective, there is a market of people like myself that will purchase these units, so there is an effective way to make money, but do it the right way.

How do you prove that it doesn't work though? I have no need for the product myself but I am just curious