Do you want to start a mobile phone franchise business or distributorship at a low cost? Find here the top 5 best smartphone franchise opportunities currently available in India.
Currently, the Indian smartphone market sees a healthy growth of 20% year over year. However, the growth is high brand specific. Almost the top five brands hold the 80% share of the total smartphone market throughout the year.
Mainly, the exclusive online launches, strong shipments by offline heavy vendors, high decibel promotional activities and channel schemes are major reasons for this growth. Also, the availability of easy financing schemes is another reason for the growing sales volume.
Read: How to Start Reliance Jio Franchise in India
In this scenario, starting a mobile franchise or distributor business is a profitable opportunity for entrepreneurs. We hope this content will help you in making an informed decision.
List of Top 5 Mobile Phone Franchise Opportunities in India
#1. Samsung Smartphone Franchise
Currently, Samsung is one of the most popular brands in the smartphone market in India. Also, the company develops and expands strategic products in the Consumer Electronics division. In the Digital Appliances Business, the company achieved remarkable growth by debuting inventive new products and differentiated design in the premium market. Actually, Samsung offers a business opportunity in three different models. These are Smart Cafés, Digital Plazas, and Premium Brand Stores.
#2. Vivo Mobile Franchise
Actually, the Vivo Communication Technology Co. Ltd. owns the smartphone brand Vivo. Currently, the company has a strong presence in more than 100 countries around the world. Vivo began its international expansion in 2014 when it entered the Thai market. Apart from smartphones, the company has a wide range of products and services like Smartphone Accessories, Software, and Online Services.
Vivo has a strong distribution network in India. However, we didn’t find any type of Vivo franchise opportunity on the official website of Vivo.
#3. Oppo Mobile Franchise
The Chinese consumer electronics company Oppo Electronics Corporation owns the Oppo brand. Apart from smartphones, the company produces Blu-ray players, headphones and amplifiers. OPPO was also the first brand to introduce the motorized rotating camera, the Ultra HD feature and the 5x Dual Camera Zoom technology.
Generally, Oppo launches new models both online and offline. People can buy Oppo mobile from most of the popular online marketplaces like Amazon, Flipkart, etc. Also, smartphones are available in stores. However, we didn’t find the Oppo mobile franchise opportunity from the official site.
#4. Mi Mobile Franchise
Actually, the China-based Xiaomi Corporation owns the Mi brand. Currently, Xiaomi has 15,000 employees in China, India, Malaysia, and Singapore. Also, the company is expanding to other countries including Indonesia, the Philippines, and South Africa. Xiaomi is the world’s 4th most valuable technology start-up after receiving US$1.1 billion in funding from investors.
The company focuses on India, the world’s second-largest smartphone market. You can open Mi Authorized Store in your state for selling Mi products in retail.
#5. OnePlus Mobile Franchise
OnePlus started the journey in the year 2013. It is a Shenzhen-based Chinese smartphone manufacturer founded by Pete Lau (CEO) and Carl Pei. Officially, the company serves 34 countries and regions around the world. OnePlus is a highly popular smartphone brand in India. Also, the company offers an exclusive store and distribution opportunity for new entrepreneurs.
The overall smartphone market is highly competitive. However, it’s profitable too. So, do a local market study first before finalizing any mobile franchise for starting your own business.