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Supply Chain! #ttm #talkshow #podcast #business #ecommerce #franchise #entrepreneur #profit #price
Supply Chain! #ttm #talkshow #podcast #business #ecommerce #franchise #entrepreneur #profit #price
In today's competitive business landscape, franchises offer a fantastic opportunity to generate profit and build brand goodwill. Here’s a simplified insight into how this franchise business model operates.
When I provide products to my franchisees, I earn a share of the profits from those sales. With each product supplied, I'm not just earning money. By integrating myself into the outlet, I'm also fostering customer trust and enhancing the brand's goodwill. This mutually beneficial arrangement supports both the franchise and my business interests.
Currently, I am the master dealer for all major brands in Pakistan, including prominent mobile brands. My ambition doesn't stop there. I aim to expand significantly, potentially managing 100-200 outlets in the future. With such an expansion, I might evolve into a distributor.
This growth trajectory entails significant advantages. By becoming a distributor, I would have substantial leverage to negotiate better terms and even contemplate manufacturing within Pakistan. Improved control over the supply chain can greatly enhance our e-commerce endeavors, offering competitive pricing that others in Pakistan can't match.
The benefits include:
- Profit from supplied products
- Enhanced brand goodwill
- Increased customer trust
- Potential expansion to numerous outlets
- Opportunities to become a distributor
- Increased control over supply chain
- Competitive e-commerce pricing
My ambitious plans for the future envision a scenario where I could manufacture locally, ensuring smoother operation of the supply chain and reaping significant benefits for my e-commerce activities.
Keyword
- Franchise
- Profit Sharing
- Brand Goodwill
- Customer Trust
- Master Dealer
- Mobile Brands
- Distributor
- Supply Chain
- E-commerce
- Competitive Pricing
FAQ
Q: How do you earn profit from your franchise model?
A: I earn a share of the profits from the products that I supply to the franchises.
Q: What are the advantages of being integrated into the franchises?
A: Apart from earning money, integrating into the franchises helps build customer trust and enhances the brand's goodwill.
Q: What is your current position in the market?
A: I am the master dealer for all major brands in Pakistan, including well-known mobile brands.
Q: What are your future plans for expansion?
A: I aim to expand to 100-200 outlets and eventually become a distributor, potentially manufacturing products locally.
Q: How will controlling the supply chain benefit your business?
A: Controlling the supply chain will provide better terms, competitive pricing for e-commerce, and ensure smoother operations.