Cosmos Online Pvt. Ltd.
Investment Size INR 10000 - 50 K
Franchise Outlets No Outlets
About Us:
Join hands with a brand that will reap high returns for your investment, connect to Gizmobaba!
At Gizmobaba, we locate and curate the most amazing Gadgets from all over the world, and make it available to Gadget Lovers in India. Gizmobaba is a brand of innovative and unique gadgets where we locate the most amazing gadgets from all over the world and make them available in India. These are products of daily use that are very popular in Western countries.
Electronic Gadgets industry isbooming with double digit growth rate, customers are demanding more from the industry in terms of innovation and reach. With an increase in household income levels, thirst for acquiring latest technologies, rising awareness among consumers, etc. the Indian consumer electronics market is expected to grow at aCAGR of more than 17% during 2014-2018. Today, themost selling category in retail is Electronicswith a market share of 61%. Younger consumers are leading the adoption of new technologies. Buyers continue to hunt for these products in offline shops.
We are currently offering 2 formats for franchising:
- A Shop in Shop format where you can display Gizmobaba products in an existing shop
- A Kiosk format, where you exclusively sell Gizmobaba products.
USPs of GIZMOBABA Franchise Option:
- Easy and Low Investment Business:Low investment business with substantially high margin
- Untapped Market: Zero competition in the given spacewhich is totally untappedwith no other playeroffering affordable and innovative electronic gadgets
- Innovative Concept: Only players in the market which has come up with the innovative gadgets which is nowhere available at such amazing prices and with warranty. Products are unique so every customer will want to buy something or the other. Very high repeat purchase, as we constantly launch new products.
- Proven Business: Proven business, with huge growth since business inception. High profitability and high repeat purchases.
- Strong Training Support: Strong Support system with time to time training to enhance operational efficiencies.
- High Margin: Margin as high as 25% on web price and an average of over 50% on MRP. Payback is very fast due to high margins and high volumes with low inventory holding cost. New products launched are offered for first few days for exclusive sale by franchisees only, so you can sell at MRP and make high margins on these new launches. Additionally, some high margin products to be made available for outlet sale only where high margin can be earned.
- Constant flow of new products: Several new products are launched every month giving the franchisee an option to showcase the latest international products every month and also ensure that the loyal customers keep coming back to buy the latest products.
- Zero Risk: Products that dont move can be exchanged for other products, so there is zero dead inventories.
- Online order for zero inventories: Products that you dont have in inventory can also be ordered from us and we can ship direct to customer or to your store at short notice.
- High Volume of sale due to Impulse Purchase Products: Most of the products are priced below Rs.1000 so that customers will buy the product immediately if they like it. The products are very high impulse purchases. If a customer walks in to the store, he will certainly buy something or the other.
- No Competition: Being extremely innovative products, there is virtually zero competition. Gizmobaba has a near monopoly in these products, so a franchisee is assured a good margin with no undercutting.
- Products with Warranty: All products are supported with a Warranty directly from the brand.
Franchise Facts for a Gizmobaba Unit Franchise:
Particulars |
Kiosk Model |
Shop in Shop |
Minimum Carpet Area |
80 sq. ft. |
- |
Total Project Cost |
INR 4-5 lakhs |
INR 1.5 to 2 lakhs |
Franchise Fee |
INR 50 thousand to 1.5 lakhs |
INR 50 thousand |
Payback* |
Less than 1 year |
Less than 1 year |
*With an average margin of Rs.300 per item and assuming only 15-20 sales per day, the average payback time is under 3 months!
Thanks Regards
Gizmobaba Team