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Nokia India Sales Private limited

  • Area Req
    250sq ft-400 sq ft
  • Investment Range
    Rs. 10lac - 20lac
  • Franchise Outlets
    - NA -
Business Details
Nokia has established itself as the market and brand leader in the mobile devices market in India. The company has built a diverse product portfolio to meet the needs of different consumer segments. Nokia’s devices business units comprise Mobile Phones and Smartphones. These include products that cater to first time subscribers to advanced users. Since 2007 end, Nokia has also renewed itself to be at the forefront of the convergence of internet and mobility. Nokia has built a suite of Internet based services that include Nokia Location & Commerce, Nokia Music, Nokia Messaging, the Nokia Store, and life enhancing service such as Nokia Life. Today, Nokia has one of the largest distribution network with presence across 2,00,000 outlets of which 700 + are solely Nokia Exclusive Stores or Nokia Branded Retail Stores . • Nokia was Ranked No 1 Most Trusted Brand Survey by Brand Equity, The Economic Times in 2008, 2009 and 2010. • Nokia was Ranked 3rd in Most Trusted Brand Survey by Brand Equity, The Economic Times in 2012. • Nokia was also Voted Most Trusted Brand in India by Brand Trust Report for three consecutive years in 2010, 2011 & 2012. • Nookia is also ranked the number one youth brand in the country by Economic Times (Brand Equity) - Most Exciting Youth Brands Survey. • Nokia won ‘India’s Most Recommended Mobile Brand of the Year’ award at CNBC AWAAZ Storyboard Consumer Awards 2011 • Nokia was Voted as the ‘Most Respected Brand” in consumer durables in 2010 & 2011 for the Annual Businessworld Survey.

Investment Details

Commenced Operations

Operations Commenced On1995

Franchising / Distribution Commenced On2012

Franchise Details
Units

Area250sq ft-400 sq ft

Investment Rs. 10lac - 20lac

Franchise/Brand Fee Rs 10,000/- per Stor

Royalty/CommissionNone

Master / Multi Units

Region Wise

Investment - NA -

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment - NA -

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

- NA -

South

Karnataka

East

- NA -

West

Maharashtra

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 12-24% based on the

Likely pay back period of capital for a unit franchise 12 months - 18 months based on the business generated

Other investment requirements Yes investment recquired in Interiors, furnitures & fixtures

Property Details

Type of property required for this franchise opportunity own or leased proper

Floor area requirement 250sq ft-400 sq ft

Preferred location of unit franchise outlet Malls and good high street retail destinations

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Through Class rooms and In- store trainings

Is field assistance available for franchisee? Yes

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

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 2 Year

Is the term renewable? Yes

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