Myntra Delivery Franchise In India Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Are you thinking about starting a logistics business and starting a Myntra Delivery Franchise on top of your mind, then you are walking the right path for sure.
Myntra is India’s largest online fashion store, and being a franchise partner of Myntra hence a great franchise opportunity for any franchise business aspirants.Ok now, before discussing how to get a franchise of Myntra, let’s take a look at the company’s history, its USP, and how its franchise business works.
Table of Contents
Myntra Delivery Franchise Wiki
Myntra, India’s most loved online platform began as a brainchild of three IIT-Kanpur alumni – Vineet Saxena, Mukesh Bansal, Ashutosh Lawania, in the year 2007. In the beginning, it served as a B2B platform for personalized gifts for almost three years.
And when the e-marketplace came into the scenario, Myntra pivoted to be the online hub for men’s fashion, women’s fashion, kids fashion, and fashion accessories. Although there are several other products like décor, home furnishings, Myntra mainly emphasized fashion products.
Myntra started its journey in 2007 and got tremendous response from customers all across the country that too within a concise duration. In 2014, Flipkart acquired Myntra for $300 million, following which Flipkart owned Myntra acquired its rival Jabong for $70 million. In the year 2016, Myntra reported almost 80% annual growth.
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USP of Myntra
Convenient to Use
Shopping with Myntra is convenient as it is easy to search exactly what you are looking for that too quickly, be it the Myntra website or the app.
Different Payment Options
Myntra offers its customers different payment options to make the shopping experience with Myntra a hassle-free one. It provides payment options ranging from COD, credit cards, PhonePe, Paypal, try and buy, etc.
Friendly Customer Service
Myntra provides friendly customer service. Anyone can contact Myntra customer service executive through email, call or message, etc.
Timely Delivery
Myntra makes the delivery of orders placed by the customers very timely. So one never has to suffer due to delayed deliveries of the shipments.
Myntra Franchise Business
Every day thousands of parcels are dispatched from the Myntra hub; hence, customers get their orders delivered to the doorstep. Therefore, it would be a very profitable franchise business if you work as its delivery agency or partners.
According to Business standards, Myntra sold 10 million items across various categories during end of reason sale. And at the pick, Myntra processes around 8000 orders of more than 18000 products per minute.
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Hence, there is no doubt that you will receive good parcel volume. And the more packages you deliver successfully, the more commission you will earn.
How Myntra Franchise Business works?
Now, let us discuss in detail how the Myntra franchise works. As you know, Myntra is an E-commerce fashion marketplace; however, Myntra is not a logistics company, which delivers parcels on itself.
Hence, Myntra makes a contract with third-party logistics agencies to deliver its customers’ orders right to their doorsteps. This brings to you an opportunity to work as Myntra’s third-party logistics service provider.
Myntra Delivery Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Myntra Delivery Franchise Cost
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Myntra Delivery Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Myntra Delivery Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Myntra Delivery Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Myntra Delivery Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving consumer good products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business
Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may varry from place to place, so we are not sure about the investment part.
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