Watches Store Business and The best franchise offer: Titan Store

 

             Watches Store Business and 

       The best Franchise offer: Titan Store

Hi friends, Today I am going to share with you a new and good business idea that is Watches Store

Business. Watches retail store is a very simple and low risk business, without any business experience

anybody can start easily. You can get good profit margin in this segment.

How to start your own watch store, what are the requirements, what is the process etc. topics are

discussing in this article and the best franchise offers for this store is Titan watches store and Fastrack

exclusive store. Now, These franchises complete details are giving briefly in this article.

Market Potential:

Nowadays, people are using watches for fashion but in the olden days we are using watches to know

the time. In the Present scenario everyone has a mobile phone and it indicates time exactly. Even

Though we are wearing watches for  hands, it's a fashion for youngsters and college going boys and

girls. We have a huge youth population in our country so watches sales are high at any place.

This segment is fashion - oriented so you have to follow the latest varieties of watches and new 

trendy designs in this field.

There are so many national and international brands are available in the market. You have to choose

the famous brands and budget oriented brands as per your investment requirements.

Here I am giving some of the famous brands watches companies list:

• Titan Sonata, Maxima
• Fastrack
• Timex
• Tommy Hilfiger
• Timex Nautica
• Casio
• Fossil
• Rado
• Rolex
• Citizen
• Anchor
• Tissot
• Seiko

All the companies have their company official websites. For example: Timex website link:

https://www.timexindia.com/contact-us/

For bulk orders, please contact on their websites. 

There are many types of watches, some of the varieties:

• Sports watches
• Smart Watches
• Formal Watches
• Casual Watches
• Trending watches for Men
• Trending watches for Women
• Kids watches
• Couple's watches
• Clocks

All the varieties of watches purchase in bulk from the dealers or directly from the manufacturers.

You have to search for wrist watch dealers on www.indiamart.com and www.justdial.com websites.

Here is a video about this business, Please watch this:

Store Set Up:

You have to take a shutter on lease or rent with space 500 to 700 Sq. ft. You have to choose the

shop location in a commercial space with high footfalls or in commercial shopping complexes.

Shop location is very important because shop sales are depending on the selection of location.

You have to arrange the furniture and interiors like counter part and display racks etc. with high

professionals in this field. Display racks are very important because shop look is depending on

this racks so neatly decorate the shop with all your varieties of watches and clocks for customer's

attraction.

Initially start your store with small investment 5 to 10 lakhs. 

You can create your own online store also along with retail store. For that, you need to create your

own company website just like e- commerce website. You have to promote your website on Social

Media like Facebook, YouTube, Twitter, Instagram etc. for getting online orders.

You have to advertise your store with pamphlets and brochures and visiting cards in your city or town.

Here I am discussing about the best franchise offer for this store is Titan watches store details in this

article. and also giving details about Fastrack franchise store.

Titan Watches Store Franchise Details:

Titan Company Limited is a joint venture of the TATA Group and the Tamil Nadu Industrial Development Corporation (TIDCO). 

It commenced operations in the year 1984. Titan company is the fifth largest integrated own brand watch 

manufacturer in the world.

https://www.titancompany.in/business-opportunity/franchising

If you want to take this franchise then go to their company official website and fill the franchise

application form with your complete personal and professional information.

After the application review, they will conduct the interview after that they will finalize your 

franchise approval and then appoint you as a franchise store owner. It is not easy to get this franchise

Your previous experience in any business and previous profession all the things are observed. It is a

Tata group venture. So You can get this opportunity then you will get good business in the market.

Basic Requirements for this franchise:

• World of Titan store investment:  Upto 50 Lakhs

• Fastrack store investment:   20 Lakhs

• Fastrack Kiosk model investment:  2 lakhs to 10 lakhs

• Store Space: 500 to 800 Sq.ft.

Training and Support from Titan:

• Franchise company is giving support to the franchise in all the operations like shop location selection,Shop interior, Total inventory of stocks, Billing software for sales, Sales promotions and Marketing, Shop advertisement etc.

• Company field trainers will provide ongoing product and brand training from time to time
• New product launch training, training audits will also be regularly done

You have to invest money and manage the store with sales staff. You can run the store successfully

with few staff members. You can get good ROI in this business.

I think this information is helpful to you.

Thank you so much friends,

Please share this with your friends.