Consumer Electronics Never Owned Franchise Cost – How to get, Contact, Apply, Fee

Welcome to NeverOwned by Open Box Inc

Welcome to NeverOwned, a premium brand under Open Box Inc., dedicated to redefining the re-commerce landscape for electronics and household items in India. Since our establishment in 2016, we have been at the forefront of transforming how open box trade and retail are conducted. Our focus on leveraging advanced technology and an efficient procurement process ensures that we offer high-quality, branded products at significantly reduced prices.

Our Vision

Our vision is to become India’s largest business-to-business (B2B) and business-to-consumer (B2C) re-commerce platform for electronics and lifestyle products. We strive to make high-quality, unused items more accessible and affordable through a unique business model that leverages technology to provide exceptional value. By focusing on key regions and utilizing a low-cost approach, we aim to address the value-for-money challenges faced by both individual and institutional consumers.

What We Offer

NeverOwned specializes in the re-commerce of branded electronics and household items that are:

• Procured from OEMs: These include excess inventory, items with transit damage, service returns, and end-of-life products.
• Returned from E-Commerce Platforms: These are unboxed items that customers have returned, which are still unused but may have minor cosmetic imperfections such as scratches or dents.

Our products are always unused, and despite their packaging possibly being opened or having minor blemishes, they represent significant savings compared to new items.

How We Operate

• Efficient Procurement Channel:
  • Sourcing Strategy: We have established a highly efficient procurement channel to source items on a large scale from Original Equipment Manufacturers (OEMs) and leading e-commerce portals. This allows us to maintain a diverse inventory and offer products at competitive prices.
• Nationwide Distribution:
  • Extensive Network: Our distribution network spans across India, including company-owned outlets, franchises, business associates, and our robust online portal. This wide-reaching network ensures that our products are accessible to customers across various regions.
• Online Shopping Platform:
  • User-Friendly Experience: Our online platform provides a seamless shopping experience, allowing customers and bulk buyers to browse and purchase a variety of unused, branded open-box, surplus, overstocked, and refurbished products at discounted prices.

Our Product Categories

• Electronics: We offer a comprehensive range of electronics, including smartphones, laptops, televisions, and home appliances from leading brands like LG, Samsung, and IFB.
• Household Items: Our selection includes kitchen appliances, home decor, and other essential household products.
• Lifestyle Products: This category encompasses sports equipment, cycles, and other lifestyle-related items.
• Refurbished Goods: High-quality refurbished products that provide a cost-effective alternative to new items.

We work with several major OEMs and e-commerce platforms to source our products.

These partnerships enable us to offer a wide range of high-quality products and ensure that we can provide competitive pricing to our customers.

Our Technology and Business Model

Innovative Technology:

• Tech Tools for Bharat: Open Box Inc. has developed technology tools specifically designed for the Indian market. These tools cater to the needs of retailers and consumers in Bharat, enhancing operational efficiency and providing a competitive edge by offering high-quality products at lower prices.

Cost-Effective Business Model:

• Value Proposition: Our business model focuses on leveraging technology to streamline operations and reduce costs. This allows us to offer significant savings to our customers, addressing the value-for-money issues associated with purchasing new, high-priced items.

Customer Benefits

• Value for Money: NeverOwned addresses the value-for-money challenges faced by consumers by offering high-quality, unused products at lower prices compared to new items.
• Quality Assurance: Despite being open-box or surplus items, all products undergo rigorous quality checks to ensure they meet our high standards.
• Wide Selection: Our extensive inventory provides customers with a broad range of options, making it easier for them to find products that meet their needs and budget.

Franchise Opportunity

We are expanding our reach and actively seeking franchise partners in North, North East, Central, and East India. Our franchise model presents a lucrative opportunity for individuals and businesses interested in tapping into the growing re-commerce market.

Investment Details:

• Investment Required: 35 lakhs to 1.5 crores
• Space Required: 1200 sq ft to 5000 sq ft

Why Invest in a NeverOwned Franchise?

1. Established Brand: Partnering with NeverOwned means associating with a reputable brand known for its commitment to quality and customer satisfaction.
2. Proven Business Model: Our franchise model is based on a successful track record and well-defined operational procedures, offering a clear path to profitability.
3. Comprehensive Support: Franchisees benefit from extensive support, including training, marketing, and operational assistance, ensuring a smooth and successful launch.
4. Growing Market: Investing in the re-commerce sector presents significant growth opportunities, with increasing demand for high-quality, cost-effective products.

How to Get Started

1. Initial Inquiry: Reach out to us through Franchise India to express your interest in becoming a franchisee. We will provide detailed information about our franchise model and answer any questions you may have.
2. Application Process: Complete the franchise application process, including an assessment of your background and business experience.
3. Training and Setup: Upon approval, you will receive comprehensive training and assistance with setting up your franchise location.
4. Launch and Support: After setup, you will launch your NeverOwned franchise with ongoing support and guidance to ensure your success.

For more information about franchise opportunities, business partnerships, or to explore our range of products, please contact us through Franchise India.

Join Us in Revolutionizing Re-Commerce

At NeverOwned, we are dedicated to transforming the re-commerce industry and making high-quality products more accessible across India. By leveraging technology and offering exceptional value, we are leading the way in open box trade and retail. Join us in this exciting journey and be a part of the pioneering movement in the re-commerce sector.