7.3 / 10 · Established in 2019, 3 Franchisees currently, Headquartered in Bangalore
|Format||Investment||Brand Fee||Space||Staff||Exp. Monthly Sales||Profit Margin||Royalty|
|Business Office||USD 6.6 - 13.2 thousand||USD 4 thousand||200 - 500 Sq Ft||10||USD 6.6 thousand||35%||Franchise partners will receive 70% of the commission generated from the sales made by businesses that they onboarded on to the platform.|
|Format Name||Business Office|
|Investment||USD 6.6 - 13.2 thousand|
|Brand Fee||USD 4 thousand|
|Space||200 - 500 Sq Ft|
|Expected Monthly Sales||USD 6.6 thousand|
|Royalty / Commission||Franchise partners will receive 70% of the commission generated from the sales made by businesses that they onboarded on to the platform.|
Pickbids is an online platform that will enable customers and local merchants to find the best deals, offers, and coupons. Currently, the platform is in the beta phase and we are expecting to launch in a month.
We have currently tied-up with 300+ business and are in advanced discussions with over 500 brands.
Revenue model: Monthly and yearly subscription plans for users.
We are looking for franchise partners across major cities in India to expand vendor tie-ups. Franchise partners are expected to have an existing network and marketing expertise. They will establish tie-ups with business vendors and onboard the business on to our platform. Franchise partners will have a target (number of tie-ups) to achieve and they will get paid based on the sales commission we receive from the tied-up vendors. Franchise partner will receive 70% of the commission and we will keep 30%. We also charge a one-time brand fee of INR 3 lakh.
Products and Services
Online platform for customers to find offers, promotions, gifts, and exclusive deals.
Preferred LocationsBangalore, Hyderabad, Chennai, Delhi, Surat, Kolkata, Ahmedabad, Jaipur, Mumbai.
How to get Pickbids Franchise?
Connect with us over SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
- Franchise partners will have to establish tie-ups with business vendors and onboard them on to the platform.
- Franchise partners are expected to have an existing network and marketing expertise.
Support you can expect from the company
We can provide support for staff recruitment, and marketing material.
Earlier than 15 daysJunior Engineer, Industrial Engineering, Pithampur, Individual Investor / Buyer connected with this business
Earlier than 15 daysCEO, SME Marketing, Akola, Individual Investor / Buyer connected with this business
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