Titan Eye Plus Franchise, Investment, Proft Margin, Products, Advantages, Business Opportunities
Titan Eye Plus Franchise: Since its inception in 1984, Titan Company Limited continues to grow and set new benchmarks for innovation and quality. With over 1300 retail outlets in over 260 cities, having a carpet area of over 1.8 million square feet, it has India’s largest retail network. Titan Company is the world’s fifth-largest integrated own-brand watch manufacturer. Titan is India’s largest watch retailer with over 470 exclusive World of Titan stores and 159 Fasttrack stores and kiosks, investment in the store starts from 40 lakhs (World of Titan) and 20 lakhs (Fasttrack) respectively.
In 1994, Titan Company launched India’s most trusted and leading jewelry brand ‘TANISHQ’. Today, Tanishq operates as the largest jewelry retailer in India, with over 218 exclusive Tanishq boutiques and Zoya stores, with investment in a boutique starting at ₹1.5* crore. Titan Company entered the eyewear category in 2007 through Titan EyePlus. The brand has a retail presence of over 467 Titan iPlus stores, with investments starting from Rs.30* lakhs. Titan Company is supported by more than 7,000 employees and innumerable fans around the world.
In Hindi:
1984 में अपनी स्थापना के बाद से, टाइटन कंपनी लिमिटेड ने विकास करना जारी रखा है और नवाचार और गुणवत्ता के लिए नए मानदंड स्थापित किए हैं। 260 से अधिक शहरों में 1300 से अधिक खुदरा दुकानों के साथ, 1.8 मिलियन वर्ग फुट से अधिक का कालीन क्षेत्र होने के कारण, इसका भारत का सबसे बड़ा खुदरा नेटवर्क है। टाइटन कंपनी दुनिया की पांचवीं सबसे बड़ी इंटीग्रेटेड ओन-ब्रांड घड़ी निर्माता है। टाइटन भारत का सबसे बड़ा घड़ी खुदरा विक्रेता है जिसके पास 470 से अधिक अनन्य वर्ल्ड ऑफ टाइटन स्टोर और 159 फास्टट्रैक स्टोर और कियोस्क हैं, स्टोर में निवेश क्रमशः 40 लाख (टाइटन की दुनिया) और 20 लाख (फास्टट्रैक) से शुरू होता है।
1994 में टाइटन कंपनी ने भारत का सबसे भरोसेमंद और अग्रणी ज्वैलरी ब्रांड ‘तनिष्क’ लॉन्च किया। आज, तनिष्क भारत में सबसे बड़े ज्वेलरी रिटेलर के रूप में काम करता है, जिसके 218 से अधिक अनन्य तनिष्क बुटीक और ज़ोया स्टोर हैं, जिसमें ₹1.5* करोड़ से शुरू होने वाले बुटीक में निवेश है। टाइटन कंपनी ने 2007 में टाइटन आईप्लस के माध्यम से आईवियर श्रेणी में प्रवेश किया। ब्रांड के पास 467 से अधिक टाइटन iPlus स्टोर्स की खुदरा उपस्थिति है, जिसमें निवेश 30* लाख रुपये से शुरू होता है। टाइटन कंपनी को दुनिया भर में 7,000 से अधिक कर्मचारियों और असंख्य प्रशंसकों का समर्थन प्राप्त है।
Business Opportunities
At Titan, they constantly provide opportunities for enterprising businessmen to collaborate with them. If you are interested in becoming a franchisee of World of Titan, Tanishq, Goldplus, Fastrack, and Titan i+ stores, then you are at the right place. Or if you are interested in becoming a local or international distributor for their world-class products, or a seller of raw materials, get in touch right away. They’re even in the licensing business! Come, and participate in the success!
Franchising
Since its inception in 1984, Titan Company has been continuously growing and setting new benchmarks for innovation and quality. With over 1200 retail outlets in over 220 cities, having a carpet area of over 1.6 million square feet, it has India’s largest retail network. Apart from 11,000 multi-brand dealer outlets for watches, 367 World of Titan stores, and 180 Fastrack stores and kiosks, it is also the largest jewelry retailer in India with over 160 Tanishq boutiques and Zoya stores as well as over 30 Gold Plus stores. Also works as a retailer. , It also has over 280 Titan i+ stores and is supported by over 7,000 employees and innumerable fans across the globe.
फ्रेंचाइजिंग
1984 में अपनी स्थापना के बाद से, टाइटन कंपनी लगातार बढ़ रही है और नवाचार और गुणवत्ता के लिए नए मानदंड स्थापित कर रही है। 220 से अधिक शहरों में 1200 से अधिक खुदरा दुकानों के साथ, 1.6 मिलियन वर्ग फुट से अधिक का कालीन क्षेत्र होने के कारण, इसका भारत का सबसे बड़ा खुदरा नेटवर्क है। घड़ियों के लिए 11,000 मल्टी-ब्रांड डीलर आउटलेट, 367 वर्ल्ड ऑफ टाइटन स्टोर और 180 फास्टट्रैक स्टोर और कियोस्क के अलावा, यह 160 से अधिक तनिष्क बुटीक और ज़ोया स्टोर के साथ-साथ 30 से अधिक गोल्ड प्लस स्टोर के साथ भारत में सबसे बड़ा ज्वेलरी रिटेलर भी है। फुटकर विक्रेता के रूप में भी काम करता है। , इसके 280 से अधिक टाइटन i+ स्टोर भी हैं और इसे दुनिया भर में 7,000 से अधिक कर्मचारियों और असंख्य प्रशंसकों का समर्थन प्राप्त है।
Distribution in India
A major trading partner of Titan in the market is redistribution stockists. The distribution channel handles more than 50% of the watch business of the company. The main focus of this channel is market penetration and coverage. Currently, they have 65 distributors handling more than 11,000 dealers across the country. Titan’s growth rate in the marketplace requires them to appoint new distributors every year. The combined stockholding and credit in the market are controlled to stay within prescribed limits. The distributor channel operates independently from all other channels and reaches out to its own exclusive set of dealers. They distribute through an exclusive distributor in each country, who is responsible for providing indenting, distribution, servicing, support, and marketing support for the brand.
Also, Read- Best Sunglass Brands India, List of Sunglass Brands, Detailed…Read More.
भारत में वितरण
बाजार में टाइटन का एक प्रमुख व्यापारिक भागीदार पुनर्वितरण स्टॉकिस्ट हैं। वितरण चैनल कंपनी के 50% से अधिक घड़ी व्यवसाय को संभालता है। इस चैनल का मुख्य फोकस बाजार में पैठ और कवरेज है। वर्तमान में, उनके पास देश भर में 11,000 से अधिक डीलरों को संभालने वाले 65 वितरक हैं। मार्केटप्लेस में टाइटन की ग्रोथ रेट के लिए उन्हें हर साल नए डिस्ट्रीब्यूटर नियुक्त करने पड़ते हैं। बाजार में संयुक्त स्टॉकहोल्डिंग और क्रेडिट को निर्धारित सीमा के भीतर रहने के लिए नियंत्रित किया जाता है। वितरक चैनल अन्य सभी चैनलों से स्वतंत्र रूप से संचालित होता है और डीलरों के अपने विशेष सेट तक पहुंचता है। वे प्रत्येक देश में एक विशेष वितरक के माध्यम से वितरण करते हैं, जो ब्रांड के लिए इंडेंटिंग, वितरण, सर्विसिंग, समर्थन और विपणन सहायता प्रदान करने के लिए जिम्मेदार है।
License
They offer high-quality watches and watch parts for other brands designed as per the requirements of the customers. Since entering the private label domain in 1997, they have manufactured and supplied watches to many prestigious international brands. They manufacture complete watches and almost all the components are included in them. These include: Over thirty different types of high-performance jeweler quartz movements. The gold, steel, and brass cases and bracelets are finished in a variety of surface coatings, including physical vapor deposition (PVD). Their quality compares with the best in the industry and their products are put through rigorous tests to comply with NIHS and ISO standards. Being the fifth largest manufacturer brand in the world, the customer is guaranteed unparalleled quality and prompt delivery at very attractive prices.
Titan Eye Plus Products
Basically, the company provides a world-class optical retail experience to Indian consumers through a wide variety of products. Products showcase the best in contemporary design and style, with guaranteed optical expertise. Since its inception, the company is in technical collaboration with Shankar Netralaya, India’s premier eye care institute.
Glasses
The company offers a variety of glasses for men, women, children, and unisex glasses. And the entire range comes in rimmed, rimless, and semi-rimmed frames. Apart from this, the company offers glasses in various shapes like rectangles, wayfarers, cat eyes, round, and aviators.
Additionally, one can choose specific glasses for specific needs such as work, fashion, or sports. In the field of eyewear, the company offers a wide range of national brands. The list includes Titan, Fastrack, Aristo, Dash for Kids, Tommy Hilfiger, Bolan, Stepper, Carrera, Disney, Vogue, Nike, etc.
Sunglasses
The company offers distinctive sunglasses for men, women, children, and unisex sunglasses. One can use these sunglasses as regular or with power both. Generally, Titan offers two different lens technologies for sunglasses.
Contact Lens
Titan also offers a variety of contact lenses. Contact lenses have gained popularity over the decades and are also used by many as a fashion accessory. Contact lenses can be purchased from both online and offline stores of Titan. This includes Bausch + Lomb, Alcon Siba Vision, and Johnson & Johnson
Advantages of Titan Eye Plus Franchise Business
- Firstly, Titan offers a wide range of eyewear products in various price ranges. Therefore, as a franchise store, you can attract a range of customers with different needs. The more variety you offer, the more likely you are to get more customers.
- Titan is a brand of Tata Group. And yes, Tata is one of the reputed brands in the Indian domestic market. So you can take advantage of the brand value a lot.
- Titan provides a variety of support and assistance to its business partners. The company provides assistance with location selection, store decorating, employee training, and local advertising.
- Titan Eye Plus offers discounts on a number of products from time to time. It helps in getting new customers for both online and offline retailing.
- And lastly, you can expect good retailer commission and incentives from the company. This is a profitable opportunity and the business also requires a small startup investment.
Titan Eye Plus Franchise Criteria and Cost
There are two basic things required to open a Titan Eye Plus store. These are commercial retail space and startup investments. Choose the location carefully. It would be better to do a market survey first in the area where you want to open a store.
Generally, the space required depends on the location and local demographics. However, you will need at least 500 square feet of carpet area to open an eyewear store in India.
The next part is an investment. The total investment amount includes franchise fees, store setup, inventory, and other initial costs. Although the actual investment requirement varies depending on the size and location of the store, you should have an investment capacity of Rs 30 to 50 lakhs.
टाइटन आई प्लस फ्रेंचाइजी मानदंड और लागत
टाइटन आई प्लस स्टोर खोलने के लिए दो मूलभूत चीजों की आवश्यकता होती है। ये कमर्शियल रिटेल स्पेस और स्टार्टअप इन्वेस्टमेंट हैं। स्थान सावधानी से चुनें। बेहतर होगा कि आप जिस एरिया में स्टोर खोलना चाहते हैं, वहां पहले मार्केट सर्वे कर लें।
आमतौर पर, आवश्यक स्थान स्थान और स्थानीय जनसांख्यिकी पर निर्भर करता है। हालांकि, भारत में आईवियर स्टोर खोलने के लिए आपको कम से कम 500 वर्ग फुट कारपेट एरिया की जरूरत होगी।
अगला भाग एक निवेश है। कुल निवेश राशि में फ़्रैंचाइज़ी शुल्क, स्टोर सेटअप, इन्वेंट्री और अन्य प्रारंभिक लागतें शामिल हैं। हालाँकि वास्तविक निवेश की आवश्यकता स्टोर के आकार और स्थान के आधार पर भिन्न होती है, आपके पास 30 से 50 लाख रुपये की निवेश क्षमता होनी चाहिए।
How to Apply for Titan Eye Plus Franchise
Online Application. First, open a URL https://www.titancompany.in/business-opportunity/franchising. Here you will get a form. Fill out the form carefully. Select the option Glasses. And then provide personal details like name, address, contact number, email id, DOB, etc. Also, you will need to provide information about your educational background, career, and business information. Submit the form after filling it in with the relevant information. If you get shortlisted, the company officials will contact you shortly.
Also Read: Online Marketplaces India, Advantages, List of Marketplaces, Detailed Info…Read More.
FAQs on Titan Eye Plus Franchise
What is the future of Titan Eye Plus?
Titan Eye+ marks World Sight Day 2022 with the announcement of its vision of a future where every Indian has 20/20 vision with or without a visual aid. The brand aims to break its record and conduct 1 million eye exams through on-ground activation across 800+ stores and 5000+ optical shops.
Why is the Titan Eye Plus so expensive?
Titan EyePlus has tied up with premium frame brands to make their specs look cooler and more upmarket. However, they are very expensive. The price of the lenses is also quite high as they have a tie-up with some premium brands. Specifications take a long time to be delivered.
Who is the target audience for the Titan EyePlus?
Currently, 80 percent of the company’s sales come from prescription eyewear that addresses its core target group of individuals over 40, and the rest from sunglasses.
Who is the brand ambassador of Titan Eye?
Titan EyePlus with its brand ambassador Ayushmann Khurrana has launched a campaign titled ‘Experts Who Care’, which highlights the consumer perspective towards buying eyewear.
When was Titan Eye Plus launched?
In March 2007, Titan EyePlus, the third major consumer venture of the Titan Company, was introduced in the structured eyewear market. Since then, it has been one of the top eyeglass brands in India.
Suggested Link:- www.digitalindiagov.in
@Ron