Homeshop30.com to have 30 franchisees this year

Homeshop30.com is planning to open 30 outlets this year via the franchise route. The brand, which is run by Megha Ventures Online Pvt Ltd, sells multiple categories of products through its website and franchise stores.

“As of now we have three franchisees and soon we will take the count to 30. We provide our franchisees with full support in developing business and earn with guarantee. We are targeting cities with a population above three lakh. We know the number of users of internet has grown many fold in the last few years and still growing so the scope of these services is very bright,” said Ashwani Gupta, Director, Megha Ventures Online pvt Ltd.

“Generally in shopping, it takes four to seven days to get the product delivered. As more than 90% orders now days are on Cash On Delivery basis so it takes another 10-15 days to receive payment of sales, making whole sale process time consuming. So, if we will have a franchisee locally, this whole process can be completed within two days, speeding up the process,” added the company Director.

The brand started franchising with an objective to provide better service and availability of its products locally. It is now shortly planning to add travel related services too. The brand is a unique platform providing online shopping by the way of bidding for a product and providing opportunity to buy products at rates as low as one to five per cent of the actual price.

Its members can also make online purchases on privileged shopping platform of various products at discounted prices.