Tanishq is the first jewelry retail store chain of India and now has grown to be one of the best jewelry brand in India. If you are a franchise business aspirant who wants to start a Tanishq franchise store in your city, then this article is just for you.
In this article, we have discussed all the know-how about opening a Tanishq outlet, How to get a Tata Tanishq franchise, franchise requirements, franchise cost, and much more.
History of the Brand – Tanishq
Titan, a TATA company, launched ‘Tanishq’ in the year 1980. Tanishq is India’s largest retail brand known for its authenticity, expert craftsmanship, and superior design.
The first Tanishq jewelry store was opened in India in the year 1996. At present, the company has more than 400 jewelry stores across the nation. In addition to that, the brand also generates huge revenue by exporting to foreign countries.
Tanishq, a brand of TATA, is the most prestigious jewelry brand in India, and the following are various aspects because of which, it is one of the fastest-growing jewelry company in India.
Tanishq, being a TATA undertaking, has a lot of trust and brand value of the customers attached to it.
Promises Best Quality
Tanishq emphasizes providing its customers jewelry of 100 % purity; hence, the consumers are well assured about jewelry of purest metal composition.
Tanishq jewelry store offers unique designs ranging from very traditional jewelry to the latest designs according to the latest trends. Hence, there is something for everyone for every occasion.
Offers Investment Plan
The Brand offers attractive gold and diamond investment schemes, wherein customers have to deposit a certain amount on a basis. After the completion of the scheme, customers can buy jewelry worth the amount being deposited.
Transparency in Billing
The billing system at the Tanishq is crystal clear; hence customers can rest assured about the validity of the money spent.
Why Should You Start a Tanishq Jewellery Franchise?
Discussed below are various reasons why you should take a Tata Tanishq franchise in your city,
First of all, you must take into consideration that, Tanishq – A TATA undertaking, has trust associated with it. Therefore, it has a vast loyal customer base; as a result, you can expect constant customer flow to your Tanishq showroom.
Successful Business Model
Tanishq is India’s most prominent retail chain of jewelry stores, with 225 Tanishq jewelry franchise in more than 170 cities in the country. Hence, it can be said without any doubt that the brand has implemented a successful business model.
Ensures Customer Satisfaction
Tanishq offers a wide range of products to its customers, thereby ensuring customer satisfaction. And every business owner is very well aware of the fact that customer retention.
Requirements for Starting a Franchise of Tata Tanishq
The franchise requirements are as discussed below,
Tanishq emphasizes opening the stores or franchisees for that matter with Tanishq jewelry collection, diamond jewelry, gold jewelry, and other Tanishq brands like Caratelane, Zoya, etc. having space of almost 4500 sq. feet
However, the average area of the Tanishq shop is that of 1000 to 1500 square feet only.
Investment – How Much Does a Tanishq Franchise Cost in India?
The franchise aspirants should note that the Tanishq jewelry franchise cost is in crores; however, it differs according to the location you want to start the outlet.
The total investment to start a Tanishq shop in a town is almost INR 15 to 20 crores, whereas the investment to get a big Tanishq showroom is approx INR 40-50 crore. However, it must be noted that the investments you make will surely earn you tremendous profits in the coming years.
How to Apply for a Tanishq Franchise?
Applying for a franchise of Tanishq is quite simple. All that you need to do is visit the official website of Titan, a TATA company.
Then select Tanishq as the interested business division, and then fill the franchise application form. If you get selected to be a Tanishq franchise owner, then company officials will get in touch with you soon, to complete all the necessary procedures.
The jewelry retail market is one of the pivotal industries that hugely support the Indian economy. Moreover, this industry has a vast potential to grow exponentially in the near future. Therefore, you should not miss out on the opportunity to become a franchise partner of Tanishq.
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