{"id":3094,"date":"2013-10-29T17:01:21","date_gmt":"2013-10-29T11:31:21","guid":{"rendered":"http:\/\/www.franchisezing.com\/franchise\/?p=3094"},"modified":"2013-10-29T17:01:21","modified_gmt":"2013-10-29T11:31:21","slug":"the-rise-of-a-successful-retail-franchise-brand-in-india","status":"publish","type":"post","link":"https:\/\/www.franchisezing.com\/franchise\/the-rise-of-a-successful-retail-franchise-brand-in-india\/","title":{"rendered":"THE RISE OF A SUCCESSFUL RETAIL FRANCHISE BRAND IN INDIA"},"content":{"rendered":"
\"Gautam<\/a>
\u00a0 Gautam Sahni – Director, Business Development , Nanson Overseas Pvt Ltd<\/figcaption><\/figure>\n

The US Dollar Store<\/a> is a retail store chain that sells general merchandise items and services. The retail services business is a multi-million dollar overseas business expansion arm of a Florida, USA-based Incorporation. The general merchandise franchise’s concept, image and its unique business strategy has an established record-breaking profit history of more than a decade<\/p>\n

It offers quality, hygiene, unlimited product range and joyous shopping. It has agreements, arrangements and close tie-ups with quality warehouses, production units and established supply chain management in America and all over the world.<\/p>\n

This high-yielding business-to-business venture has received a proven ability to redefine and lead the merchandise shopping segment. It has now started expanding all over the world. The US Dollar Store offers a rich product range, expertise in supply chain, multiple global warehouses, as well as up- to-date technology driven systems, which work flawlessly across continents. This feature has helped entrepreneurs achieve global recognition and unusual returns on investment.<\/p>\n

The retailing outlets could be divided into three categories namely the high-frequency category, the medium-frequency category and the low-frequency category.<\/p>\n

Tell us about concept of the US Dollar Store?<\/strong><\/p>\n

The US Dollar Store is a pioneer in the dollar store industry. As a franchise owner of a Dollar store, you gain access to over 20 years of operating experience. US Dollar Store offers a time-tested retailing formula and a well-developed vendor distribution system that ensures you, as a franchise owner, receive distinctive and high-quality merchandise when you need it. In turn, this assures customers a constant flow of merchandise that is always changing, keeping them returning often to see what new and exciting things line the shelves of your franchised Dollar store.<\/p>\n

What you think about Franchise Business? How is this concept different? <\/strong><\/p>\n

The US Dollar Store franchise concept is just as distinctive as our retailing and merchandising concepts. In recent years, franchising has taken the lead as the most popular method for conducting business. The reasons are simple. Franchising offers a host of benefits no other business model can match:<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Proven business processes<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Established distribution channels<\/p>\n

What support and training is provided by US Dollar store to the franchisees?<\/strong><\/p>\n

Nanson Overseas helps franchisees through every step of setting up and running the business. We will assist our franchisees in following ways:<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 We provide assistance in selection of the best real estate at the right terms.<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extensive in-house ‘training program to make sure that the franchisees are ready to operate their stores<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 User friendly customised Point of Sales system with quarterly updates.<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Production of grand opening flyers and materials<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Assistance in creating advertising for local marketing<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Store in a box program, which eliminates the headaches of dealing with multiple vendors<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Step-by-step guidance to your store opening<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Volume Store Fixture Pricing<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Market research<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Location and lease negotiations<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Use of trademarks, design and standards<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Store design and layout<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Opening orders<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Near turn key<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Competitive purchasing (prices, terms, rebates)<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Operational support<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Marketing support<\/p>\n

What is needed to become a US Dollar store franchisee??<\/strong><\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Have interest<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Have enough capital<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Go through the entire website<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Write to us for clarifications and details<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Contact us and request for latest news or brochures<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Complete net worth statement and return<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Complete a personal profile and return<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Arrange an interview<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Identify suitable location and get it approved<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Secure location and get franchise with deposit<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Negotiate lease \/ purchase property<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Do leaseholds<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Set-up the US Dollar Store<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Purchase Inventory<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Place merchandise in the store and open<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 You have now become a successful family member of US Dollar Store<\/p>\n

What are the strategies needed to sustain in highly competitive market ?<\/strong><\/p>\n

The key to retailing is having the right product, at the right time, at the right price. The US Dollar Store formula provides with the keys to succeed. It’s that simple.<\/p>\n

To uphold the growth rate in the market, we<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Supply merchandise from over 12 countries through the parent company<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Keep prices low and value high<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Provide necessary training and manpower support to our franchisees<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Capitalise on fast turning seasonal merchandise<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Deliver the most personalised service in the industry<\/p>\n

\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Turn every customer into a fan of the US Dollar Store <\/p>\n","protected":false},"excerpt":{"rendered":"

The US Dollar Store is a retail store chain that sells general merchandise items and services. The retail services business is a multi-million dollar overseas business expansion arm of a [ … ]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[801],"tags":[],"class_list":["post-3094","post","type-post","status-publish","format-standard","hentry","category-interviews","list-style-post"],"_links":{"self":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/3094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/comments?post=3094"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/3094\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/media?parent=3094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/categories?post=3094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/tags?post=3094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}