These people are intent on keeping a healthier and greener lifestyle and according to Fast Company are willing to spent more than 20% just for greener alternatives. They are not the only target consumers. There are also moderate green consumers who are willing to spend on clean and healthier alternatives based on the price and from time to time.
For entrepreneurs who are thinking of venturing into green opportunities, it is important to understand market trends. There are leading products that consumers consider important to be natural or green. Aside from that, there are services which are important to keep people and the environment healthy and clean.
Here are some ideas that you can consider when looking for a business opportunity.
• Trash disposal.
Everybody has trash that they want to be removed. According to EPA statistics, there are about 245.7 million tons of rubbish disposed by Americans in 2005. Homeowners, businesses and even construction sites need to remove or dispose their trash. About 10 million computers a year end up in dumpsites. Cell phones, tone cartridges and electronic items are dumped. Paper recycling entrepreneur can earn as much as $100,000 every year.
Small items and scraps could be recycled and used again. For example, collecting soda cans and papers, dropping and sorting them in recycling centers can already help you earn bucks. Learning how to collect large numbers and identify what would be valuable from other people's trash could pave the way as a recycling entrepreneur.
• Selling organic products.
The demands for organic products are increasing. In the United States, organic food and beverages sold an estimated $20 billion in 2007, according to the OTA Manufacturer Survey in the same year. The sales for 2009 reached $26.6 billion, achieving 5.3% of growth.
In the OTA Manufacturer Survey of 2009, the food industry only generated 1.6% of growth. But organic food sales grew 5.3% which indicates that even if the economy is difficult, consumers are still trying to make smart choices and trying to live a healthier lifestyle. Organic non-food items like cosmetics and toiletries have earned $634 million which is about 35% of the entire non-food sales of 2009.
Such demand makes it ideal to explore venturing into this business. There are different organic food and non-food starting kits available for beginning entrepreneurs. The internet lists different organic companies which could be contacted for enterprising or retailing.
• Organic and healthy restaurants
According to a recent survey, about 80% of Americans consider themselves environmentally aware and concerned. The GRA or Green Restaurant Association said that there is a growing trend that instead of just eating outside, Americans also want to do something good, too. Why not do two things in a GRA certified restaurant?
In fact there are some restaurant owners who would say that having their restaurants GRA certified was able to attract more customers and solidify their relationship with existing customers.
• Green buildings
Green construction is another great business idea. Homeowners and building managers are showing interest in practicing constructing methods that are energy efficient and green. According to the Green Building Market and Impact Report released in 2009, the growth of green construction is getting steady.
Energy auditing is part of green construction and building. Allowing you to identify areas/ appliances in your existing home or building that could be changed to become more energy efficient.
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Article Added on Friday, February 24, 2012
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