Earn Money by IoT!!

How to make money with IoT?

A new technology that will lead you to the proffit that is IoT. The latest and hot  keyword in industry.

IoT can make a great change in the artificial intelligence. And motivates the customer to pay more for that. 

The technology is all about updating. Here is another update and this update can be a source for business persons who wants to increase one more service for their customer via IoT.

 But First thing is to know What is IoT?

                            

IoT: Internet of Things :- IoT or internet of things are the name given to a technology in which the gadgets or devices or appliances will be connected to each other with the help of a Wireless small chip. These chips will send the data to other device.

     The chip using to make device communicate with each other and this will help the devices to be more user friendly.

HOW IOT WILL WORK?

  Suppose an example of a Car. In that car we are attaching some chip to monitor some parameters that is need to be known by the user or the driver  of that car. Let some parameters be Fuel Tank and Brakes of the car.

 The above image of car shows that we have inserted the chip into brakes and fuel tank and a signal reciever chip is there on the petrol station.

CASE 1:- If the Fuel in the car gets low then  the car will automatically slows down the Car's accelaration so that fuel consumption will get low then the data or the signals sends by the fuel tank will get recieved by the Gas station and your car will lead you to your nearest Gas Station by notifying you the direction.

CASE 2:-  If any hardware issue occurs in fuel tank than it will alert driver about that issue and try to stop the car and saves the car and drver as well.

This thing shows the importance of IoT.

How to make great profit in business by IoT?

There are most of the chips which are functioning differently are available in market

 Some are like GPS, some are like humidity analyser and many different functioning chips are available.

Without wishing much time we go directly to the suggestion can be followed to increase profit.

 Suppose there is a courier company wants to be extraordinary in comparison to others:

                   SUGGESTION 1:- Tracking the package using GPS:

IoT will allow you to insert chip into your packages so that one can easily track his/her package.And letting them know about their package. This thing improves the security of the parcel.

  

Lets move on to another example:
Suppose another example of a Vehicle sellers they are giving vehicle but not ensures that your vehicle will not be stolen.

For that you have to follow Suggestion 2.

                SUGGESTION 2:- Ensuring vehicle's security..

                      

After buying and inserting the chip into the vehicle one should Promotes this feature to the user and guarantees them that if this vehicle got stolen so it can be found by the company. This will attract the customers and benefit will get increased. 

 Infact the seller and buyer both well get the actual static that how many vehicle of this company is running on road and this will motivated your customer to buy the product.

  

Now you are set to go!! If you are wishing to do a business don't forget to link your business with IoT. 

                                                                                    

                                                                                                       -Kuldeep Verma