Retail Franchise Opportunities Retail Franchise Opportunities Gets Widened with Yepme
Yepme, an online shopping company which is very famous nowadays has planned to strengthen its offline presence. The company is going to open 400 offline stores by the end of this year and is one of the most renowned companies when it comes to retail franchise in India. The company already has a good online presence and a lot of consumers are continuously shopping from this website. The company has forayed into the brick and mortar format and is aiming to have 400 outlets by the end of the fiscal year.
Retail franchise has opened market for Yepme. The company has opted for Omni-channel growth by opening four stores in Gurgaon and plans to open stores in other cities. The company is aiming to have its presence in around 550 district of the company in the next few years.
Yepme franchise has planned to increase its stores to 400. Out of the 400 outlets, 20 percent will be metro outlets and the rest all are small scale town. All the new stores that will be added would be based on the franchise model.The company gets 30 percent of its sales from the developed metro markets and rest 70 percent from tier II, III and IV places. The company has planned to cover 550 districts pan India and have a network of 1,000 stores in the next 4-5 years. The company is open to people who can come and add value to the overall business.