Business Categories
E-Commerce & Related

Micro Additives Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    100 - 500 Sq.ft
  • Investment Range
    INR 10000 - 50.00 K
  • No. Of Dealer/Distributor
    No Outlets

About brand - Micro Additives

Nishab Sales By Micro Additives - a perfect business model you can go with to emerge as a leading business owner!

Product Selling On Flipkart Powered By Nishab Sales

We at Nishab Sales, connect the off-line Seller to the on-line Marketplace for benefitting Customer in terms of Variety, Quality & Price. Nishab Sales works as an online sales counter for the Manufacturer/Wholesaler/Retailer (Keeper) without deploying extra time, resources & technological understanding for online operations.

What Exactly We Do

Stock Maintenance -We keep Minimum Stock keeping Unit (MSU) of Keeper’s product in our warehouse. MSU will be decided mutually according to the product’s value & dimension. Nishab Sales does not charge any warehouse rent for Keeper’s products. Any product damage/ brokerage in the warehouse stock will be borne by Nishab Sales. The Keeper will have to bear the transportation & labour cost till Nishab Sales Warehouse.

Marketplace Listing - Keeper’s product available in Nishab Sales stock will be listed through batch making on Flipkart. Product shoot for marketplace listing will be handled by Nishab Sales. Product shoot is free for all the categories other than Clothing. Brand Name & MRP details will be taken in written from the Keeper.

The Keeper will be held responsible for any MRP & Brand related conflict. For brand registration, Keeper will have to produce “Brand Authorization Letter” for Micro Additives (Registered name) which allows us online operations for the particular brand. Nishab Sales suggests Keeper time-to-time update their prices according to competitor’s rates. The Keeper will be the final authority to increase or decrease prices when needed.

Order Processing - Whenever an Order will be received, Nishab Sales will pack the particular order & will dispatch it by its own. No prior permission would be taken from Keeper to process the order. The Keeper will be informed about the processed order & their status in weekly as well as monthly reports. If there is alarming low stock in the warehouse for a particular model, Nishab Sales will intimate Keeper well in time to back up for not letting it go ‘Out of Stock’. Before packaging, there would be quality check & functioning check of the particular order. If any manufacturing defect is found, Keeper will be informed and that piece would be sent back to the Keeper.

Returns Management - Nishab Sales takes care of all the returns related analytics and keeps an eye to minimizing them at their end. We suggest Keeper on behalf of Customer & Marketplace’s feedback about the product. If a return takes place due to Courier Company’s delay or a Customer canceled it before delivery, in that case only Packaging cost would be charged. Although, if a Customer returns a product after delivery due to quality or any other issue, Nishab Sales charges as well as Marketplace charges would be borne by the Keeper.

Marketing & Advertising - On the basis of Keeper’s performance in monthly reports Nishab Sales team evaluates the reasons of dissatisfactory performance & advice the Keeper to improvise product feature, quality, variety, look-n-feel or any other real time obstacles as well. All-Time-Hit products would be highlighted from their catalog to focus more on selected models. Nishab Sales will also suggest Keeper for Marketplace Advertising, Social Media Advertising & Search Engine Optimization as and when needed. Once Keeper provides written agreement for any sort of Advertising then only Nishab Sales will start advertising for the individual Keeper. Advertising expenses shall be paid extra and there would be no connection with order processing.

Commissioning & Payments - Commissioning & charges would only be applicable on order processing. There are absolutely no charges until Keeper receives an order. Nishab Sales charges INR 20/- per order as fixed fee and Packaging cost (which is generally INR 20 to 30 per order) according to the product’s dimension & fragility. Flipkart charges their commission on percentage basis according to the product category which is subject to change from time-to-time. They charge Delivery Charges according to the product weight.

FPA:Final Product Amount is the amount which Keeper receives in their Bank Account after paying Marketplace Commission, Delivery Charges, Nishab sales Commission (Including Packaging Charges) & Service Tax.

To understand Commissioning better take below example:

A Wrist Watch which is being sold at INR 1000 on Flipkart:

  • Selling Price: 1000
  • Flipkart’s Commission: 130 (13% on Watches Category)
  • Flipkart’s Fixed Fee: 10 (On selling price above 499)
  • Delivery Charges: 70 (Till 500 grams; +30 on every additional 500 grams)
  • Nishab Sales Commission: 20 (Fixed Charge)
  • Packaging Cost: 20 (On product’s size & fragility)
  • Service Tax: 35 (14% of Total Charges)
  • FPA [Final Product Amount]: 1000 – 285 = 715

In the above case 715/- will be transferred to the Keeper’s Registered Account.

Nishab sales will send all the order and charges related details to the keeper in their monthly report. The Keeper will be paid FPA (Final Product Amount) on 11th working day from the order date, in their Registered Bank Account through Nishab Sales.

Nishab Sales aims to develop a huge network of suppliers from tier II & tier III cities. We are here to operate your on-line sales and want you to become the part of next big thing. If you are a Manufacturer/ Wholesaler/ Retailer with an appealing product, then Nishab Sales is the ultimate stop for you. The whole world is waiting for your product.

Join this business opportunity with us and earn lucrative returns!

Micro Additives Team

Micro Additives Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2012

Distribution Commenced On 2015

Distribution Details
Units

Investment INR 10000 - 50000

Franchise/Brand Fee INR 21000

Royalty/Commission 10 Rs. per order %

Trade partners
Types of Channels Investment (If any) Margin / Commissions Area Requirement
Dealer Rs. 10000 - 50000 10 Rs. per% 100 - 500 Sq.Ft. - Sq.ft
Master / Multi Units

City Wise

Investment INR 10000 - 50000

Unit/Brand Fee INR 21000

Master/Brand Fee INR 100000

Royalty/Commission 10 %

Details

Exclusive territorial rights to a unit franchisee Yes

Performance guarantee to Channel Partner Yes

Anticipated percentage return on investment 20 %

Likely pay back period of capital for a Channel Partner 2 - 1 Years

Other investment requirements No

Micro Additives Expansion Plans

North

Haryana, Himachal Pradesh, Delhi, Punjab, Uttaranchal, Uttar Pradesh

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

East

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

Chandigarh, Lakshadweep, Pondicherry

 

Micro Additives Franchise Requirements

Type of property required for this dealership opportunity Commercial

Floor area requirement 100 - 500 Sq.ft

Preferred location of unit dealership outlet Any location

Micro Additives Franchise Training

Dealership training location At his location

Is field assistance available for Dealership ? Yes

Expert guidance from Head Office to franchisee in opening the dealership Yes

Current IT systems will be included in the dealership Yes

Micro Additives Franchise Agreement Details

How long is the dealership term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Micro Additives Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a Micro Additives franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Micro Additives franchise fee, Micro Additives franchise cost, Micro Additives apply process and more. Our team will guide you during the process to avail Micro Additives franchise.

Interested in Micro Additives Franchise? Apply here

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