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Do you want to start a Samsung smartphones franchise business in your area? This opportunity review post covers a detailed guide including franchise cost, investment and how to apply for the Samsung smartphones franchise business.
Currently, Samsung is one of the most popular brands in the smartphone market in India. Also, the company develops and expand 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.
Due to the ever increasing popularity, the sale of smartphones is growing very fast. Hence, starting a Samsung smartphones retail distribution is a profitable venture for new entrepreneurs.
Before sharing the investment and contact details, let us first understand why you should consider buying the Samsung retail franchise business.
Why Samsung Smartphones Franchise/ Retail Distribution Business?
Samsung has been the leading brand in smartphones worldwide. In the second quarter of 2017, Samsung’s smartphone shipments amounted to a massive 79.8 million units.
For 2019, the number of smartphone users in India is estimated to reach around 350 million. Industry observers predict the two major players who will be dominating will be Apple and Samsung.
Samsung is the highest selling smartphone brands in recent years in India. In fact, Samsung Electronics leads the entire global market in high-tech electronics manufacturing and digital media. Furthermore, Samsung has been recognized globally as an industry leader in technology and now ranks as a top 10 global brand.
Samsung has come up with both expensive and economical smartphones specifically targeting the Asia and Africa market. With the continuous increase in smartphones sell and growing future demand, starting Samsung smartphones franchise or distributorship is surely a profitable business proposition.
Samsung Electronics Retail Franchise / Distributorship Investment Requirement
There are 3 types of Samsung retail franchises /distributor stores. They are Smart Cafés, Digital Plazas, and Premium Brand Stores.
Samsung Smart Café Retail Business Opportunity
Samsung Smart Café is an ideal business opportunity for those who are looking for small stores. You need to have a retail space be on the ground floor preferably in a commercial marketplace. You can sell mobile phones, laptops, tablets, cameras, etc from the store.
You need a minimum space of 450 to 600 sq.ft of carpet area and a frontage of at least 14 ft to start the store. An approximate investment of around Rs. 20 lacs is required depending on the inventories stored.
Samsung Digital Plaza Retail Business Opportunity
To start the Samsung Digital Plaza retail store you will need to own a big retail space in a commercial area in any of Tier I, II and III metro cities, though Tier II cities are preferred. You will need a minimum space of carpet area of at least 1100 SQ. ft with a ceiling height of 10.5 ft and frontage of at least 14 ft.
Samsung Premium Retail Brand Stores
Samsung Premium stores are mainly located in metro cities as the company launches its premium products here only. The area and investment requirement, however, remains the same more or less.
Also Check: How to Start Reliance Jio Franchise in India
How to Apply for Samsung Smartphones Franchise or Distributorship Retail Business
Depending on your investment capacity and infrastructure you have, you can apply for any of the business models. Go to the official site of Samsung. Fill the application form as instructed. If shortlisted company officials will call you back for further discussion.