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Electric Surfboard Canada Will Make You Tons Of Cash. Here's How

Jul 08,2024 | JetFly

Investing in electric surfboards in Canada does have the potential to earn you a good return. Here are some possible ways to make money:

Electric Surfboard Canada Will Make You Tons Of Cash. Here's How

1. Rental Business

In Canada's popular tourist destinations and water sports hotspots, starting an electric surfboard rental service can be highly profitable. During the summer months, tourists and locals alike are always on the lookout for exciting water activities. For instance, in places like Vancouver or Toronto, where there's a high demand for water-based entertainment, renting out electric surfboards at an hourly or daily rate can bring in a significant income.

2. Guided Tours and Instruction

Offer guided tours on electric surfboards, especially for beginners. You can charge a premium for providing expert instruction and showing people the best spots to ride. In areas like Nova Scotia or Quebec, with beautiful coastlines and calm waters, these guided tours can attract a lot of participants.

3. Event Hosting

Organize electric surfboard competitions and events. Charge an entry fee for participants and attract sponsors. Such events can draw large crowds and generate revenue through ticket sales and sponsorship deals.

4. Selling Accessories

Alongside the surfboards, sell related accessories such as safety gear, charging equipment, and custom board covers. This can add to your profit margins as customers look for complete packages when investing in the sport.

5. Online Merchandising

Create an online store selling branded merchandise like t-shirts, hats, and stickers related to electric surfboarding. This not only boosts your income but also helps in promoting your brand.

6. Partnerships with Resorts and Hotels

Form partnerships with resorts and hotels near water bodies. They can refer guests to your services and you can offer special packages or commissions. For example, a resort in Banff could recommend your electric surfboard activities to its guests as an added amenity.

7. Maintenance and Repair Services

Offer maintenance and repair services for electric surfboards. As more people own these boards, the need for professional servicing will increase. This can be a steady source of income throughout the year.

8. Content Creation and Monetization

Document your experiences, create tutorials, and share them on social media or a dedicated website. With a large following, you can earn through sponsored posts, affiliate marketing, or YouTube ad revenue.

9. Franchising

If your business model is successful, consider franchising it across Canada. This allows others to operate under your brand and brings in franchise fees and royalties.

10. Leasing to Businesses

Lease electric surfboards to water sports schools, adventure companies, or corporate team-building events. This provides a regular income stream while also promoting the sport to a wider audience.

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