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Founder's Inspiration and Vision
MINISO, the global retail phenomenon renowned for its stylish yet affordable products, was founded by Jack Ye, whose inspiration stemmed from a family vacation to Japan in 2013. During this trip, Jack Ye explored Japanese specialty stores and was captivated by the array of high-quality, well-designed products available at accessible prices. These products, primarily manufactured in China, demonstrated that excellence in design and affordability could coexist.
Jack Ye, leveraging his extensive experience in product development, supply chain management, and the fashion industry, envisioned a brand that would cater to the young and dynamic global consumer. He established MINISO with its headquarters in Guangzhou, China, with the goal of delivering exceptional value through a combination of high-quality products and affordable pricing. This vision was not just about providing products but about enhancing the everyday lives of young people around the world.
Our Mission: Enriching Lives with Affordable Excellence
MINISO’s mission is to enrich the lives of its customers by offering high-quality products at prices that are within reach for the younger generation. The brand is committed to delivering products that are not only functional and well-designed but also accessible, ensuring that customers can enjoy a touch of luxury without the luxury price tag.
MINISO believes that quality and affordability should not be mutually exclusive. Instead, it aims to blend these elements seamlessly to create products that enhance everyday living. By focusing on delivering value without compromising on design and functionality, MINISO has established itself as a go-to brand for consumers seeking affordable excellence.
Innovative Approach: Redefining Retail with "Extreme Affordability"
MINISO has set itself apart from competitors through its innovative approach to retail. The brand has redefined the concept of "extreme affordability" by introducing the idea of "interest-based consumption." This concept revolves around understanding and catering to the evolving preferences of young consumers who seek products that are not only practical but also aligned with their interests and lifestyle.
To keep up with trends and consumer demands, MINISO engages in strategic co-branding partnerships with popular license holders. These collaborations bring together MINISO’s design expertise and the brand equity of well-known licensors to create exclusive, trend-setting products. Additionally, MINISO integrates the latest technology into its offerings, ensuring that products are both visually appealing and user-friendly.
The brand’s approach is characterized by its focus on creating products that are not only functional but also engaging and enjoyable. This commitment to innovation ensures that MINISO remains relevant in a rapidly evolving retail landscape and continues to capture the attention of young, trend-conscious consumers.
Omni-Channel Experience: Seamlessly Blending Online and Offline
In response to the changing consumer behavior towards multi-touchpoint interactions, MINISO has adopted a comprehensive omni-channel strategy. This strategy is designed to offer a cohesive and convenient shopping experience, whether customers are shopping online or in-store.
MINISO has successfully integrated its online and offline shopping platforms to ensure a seamless transition between the two. This omni-channel approach allows customers to enjoy the convenience of online shopping while benefiting from the tangible experience of in-store visits. The brand’s robust digital presence complements its physical stores, providing customers with multiple ways to engage with the brand and access its products.
Global Presence: Spreading Joy Across the Globe
Under the brand slogan "Life is for Fun," MINISO has achieved remarkable global expansion. The brand operates in over 100 countries and regions, with more than 5,000 stores strategically positioned in key business districts and iconic cities worldwide. This extensive presence underscores MINISO’s commitment to delivering joyful and high-quality experiences to a diverse, global customer base.
MINISO’s global footprint includes stores in major metropolitan areas, ensuring that its products are accessible to millions of consumers across the world. The brand’s strategic locations in prominent business districts and shopping hubs contribute to its visibility and popularity, further reinforcing its position as a leading retailer in the global market.
Our Commitment: Excellence in Every Product
At the heart of MINISO’s success is its unwavering commitment to creating delightful and high-quality experiences for its customers. The brand is dedicated to maintaining its reputation for affordability and excellence, ensuring that each product enhances the lives of its customers in meaningful ways.
MINISO continuously strives to uphold its core values of quality and affordability, focusing on delivering products that not only meet but exceed customer expectations. This commitment extends to every aspect of the brand’s operations, from product design and manufacturing to customer service and retail experience.
Operations Commenced On 2017
Franchise Commenced On 2017
Investment INR 50lakh - 1 Cr.
Franchise/Brand Fee INR 1000000
Royalty/Commission 10 %
Anticipated percentage return on investment 70 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 3000 Sq.ft
Preferred location of unit franchise outlet Pan India
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 1 Year
Is the term renewable? Yes
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