Footwear in India is no longer just a utility product. The market is growing faster and franchise opportunities is too taking a toll. With big brands of India as well as international markets tapping the fashion needs of young population, via media, celebrities and excessive promotion, a whole new craze for setting an wardrobe for footwear is a n ongoing hoopla.
Staring or rising business in footwear Industry can be your take to taking upcoming market of India
1. A LOOK AT FRANCHISE
IN INDIA
Franchise market is today’s
developing story and tomorrow's
success for entrepreneurs in India.
2. Contents
Why franchise is powerful?1
Top Industries in India2
Industry watch: Footwear3
Franchise Zing4
3. FRANCHISE IN INDIA
There are
presently 3000+
brands that are
using franchising
as a tool to
expand business
in the market.
Since the
government of
India has given
nod to FDI, many
international
brands are
waiting in the
wings to utilize
the chance.
Home brands, of
various sizes and
industries, too
participating in
franchising, and
creating
opportunities in
business.
India is considered a favourable destination for business
expansion due to intense population and altering lifestyles.
4. The market is getting big
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Title
The industry was
estimated to be
worth of
Rs 80, 400 crore
in 2012,
contributing 1.4%
of GDP
It is suggested
that the market
will grow in
fourfold by 2017,
accounting for
almost 4% of
Gross Domestic
Income.
The growth is
consequently
capable of
providing 11
million
employment
opportunities in
India.
5. WHY FRANCHISING
IS POWERFUL?
Franchise business allows business-skilled people to have their own
business without strains of huge investments. The concept minimizes
the risk of developing a business as the brand permits the investor to
employ its trademark, for business purpose, at any given location.
Further, franchising let the investor enjoys early returns, which is
otherwise uncertain if starting a whole new business.
For a country, at large, the concept helps in generating the possibilities
of promoting self-employment among people. Hence, overall growth will
affect country’s purchasing power.
6. Franchising Comes With A Great
Value For Starting Entrepreneurs.
The concept
encourages
entrepreneurs to
utilize their
creativity in
processing a
business, and
also prompts
them to work
hard as now
they are working
for themselves.
Training and
support of the
parent company
is offered to
franchisees to
run the
business, which
proves helpful
for an amateur
entrepreneur to
grow.
Opening a
franchise
business allows
investors to
secure their
share of profits
[ROI], which is
otherwise limited
if in the job.
Brands that offer
franchise have
already
established their
name in the
market, so
franchisees do
not need to
struggle hard to
build the
business from
the ground
Starting a
franchise
business usually
comes at a low
cost, if looking
at the
investments
needed in
starting a new
business,
moreover risk
involved is
relatively low.
But that doesn’t mean an investor need not require a self-
satisfactory investigation over the franchise brand.
7. For Brands Get A Valuable
Growth In The Market
Brand
Development
via franchise
Investment will be no barrier for
expanding business.
Quick Market penetration
will be there
Customer footfalls will augment
through brand awareness.
Self-motivated
entrepreneurs will
operate the
business
Enhance the brand value
in market.
Better financial
condition will
leverage growth
of overall
business.
8. TOP INDUSTRIES IN FRANCHISE
BUSINESS
Food & Beverages
Retail
Health & fitness
Consumer services
Education
OTHER INDUSTRIES THAT ARE
GAINING LEVEL IN THE MARKET
Apparels
logistics
Cafeteria
s
Real
estate
footwear
Health
and
wellness
Beauty
salons
Kids’
toys and
clothing
Fashion
accessor-
ies and
jewels
10. FOOTWEAR INDUSTRY
OF INDIA
The organized sector
which currently
accumulates about 5%
of total retail market is
expected to leap to 15%
by 2025.
With growing trend of fashionable accessories among youth mainly aged
between 21- 30, the Indian footwear Industry in India is loaded with
approximately 19,900 crore with a growth rate of 8-10 per cent.
Low production cost, abundant availability of raw material, ever-evolving
retail ecosystem, buying patterns and a huge consumption market are
certain basic features that set apart the Indian footwear market.
70% of market for footwear retail came from urban India in FY2011, in
which 50% accounts for exclusive-brands outlets while 28% for multi-
brand outlets.
11. FOOTWEAR INDUSTRY
OF INDIA
India’s per capita shoe consumption or the number of footwear (shoes,
chappals, sandals) worn by an individual has gone up from 1.4 shoes a
year in 2004 to 2.2 shoes per year in 2010, according to data from the
commerce ministry.
Online shoe shopping is a fast emerging segment in terms of footwear
sale and currently accounts for about 8 percent of the overall industry
and is expected to reach nearly 20 percent by 2015.
Indian consumers have become more fashion and brand conscious and
due to fast changing fashion trends young professionals tend to
update their footwear collection every two to three months and
maintain a separate budget of their salary only for shoe shopping.
12. FRANCHISE ZING: BRIDGING GAP
FOR YOUR SUCCESS
We have come forward to offer you tailor-made services for your franchise
development in India. With best experience of the field, we let our clients
discover sustainable franchise opportunities around India, by raising a
common platform for franchisors and franchisees at every potent location, to
embrace the productivity of franchise market in India.
Brand
seeking
expansion
Investors
seeking
business
We
bridge
the gap
It’s whether you are planning to
extend your business reach, or
desiring to get started with your
own business, we are here for you
to guide you with best services
and practices.
13. Head office: 239, West End Marg
Near Saket Metro Station
MB Road, New Delhi 110030
Phone: +91-97178-99733
Branch office: D 217 D Vibhuti Khand
Gomti Nagar,
Lucknow- 226010
Uttar Pradesh, India
Visit us at -> www.franchisezing.in
Write us at -> info@franchisezing.com