What is the future of ecommerce franchise business in India, is it a profitable opportunity to invest in?
To answer this question, we need to look at the trends that are defining the ecommerce industry in India. E-commerce has been steadily increasing over the past few years, and macro-indicators suggest that this trend will only quicken in the years to come. Online shopping accounts for only 7% of India's overall retail, well below the 50% seen in countries like China. This is a very encouraging sign of huge future expansion potential.
As per expert reports, the future of ecommerce business in India, look like:
By 2025, Bain predicts, the Indian online retail business would be worth $170 billion.
By 2030, IBEF predicts that India's online shopper base would grow to between 500 and 600 million, making it the world's second-largest.
This clearly indicates that if you are one of those aspiring entrepreneurs looking to invest in a franchise business in India in 2023, you can opt to invest in various distributorship franchise opportunities in India. One such growing opportunity is Multi Digit Distributorship in India.
Why Become a Multi Digit Distributor in India?
We are into Home, kitchen, Beauty, Hardware, Mobile accessories, Garden, FMCG, Basic essential products, we want to reach our products to across world, products are very much demanding in the market, looking for Franchisee partners, Distributors, also qe empower the offline and online sellers, we have dropshipping service for B2C and B2B orders from any e-commerce platform.
Multi Digit Distributorship / Franchise in India Cost, Requirements and Profit Margin
For its high-demand and high-profit products, Multi Digit is looking for distributors and franchisees across India.
Take advantage of this business plan and start a business with us to distribute physical products or conduct online commerce with a small initial investment and high potential for growth and profit.
"We Approach, Invest as You Grow" is their company's motto.
Franchise and distribution start-up costs nowadays are quite high relative to profit margins, especially in the fast-moving consumer goods (FMCG) industry.
Get into distribution with minimal outlay and maximise your profits. As the company expands, we plan to invest a greater sum in the sale of its products. Our initial investment ranges from INR 25,000 to INR 10,000,000, with a margin of up to 40%.
Using our knowledge of the market and data about what consumers want, we developed a wide range of essential and fast-moving product lines that can be distributed globally via our distributors.
Contact FranchiseBazar right away, to know more about how to start a Multi Digit Distributorship in India.
|Industry||Segment||Investment||Franchise Fee||Space||Expected No of Hours / month||Expansion Location/s|
|Agents, Dealers & Distributors||N||Rs. 1 - 50000||Rs. 1 - 50000||Less than 250||Less than 10hrs||5 places|
Should be good at management
Should be a good listener
Should be good at customer service
Owning a Business previously works best for you.
Employees who have worked in companies are a good match.
Self Employeed Professional are an ideal fit.Students/Fresh Graduates/Others suits our opportunity.