- Country: India
- Industry: Retail Trade
- Stage: Seed
- Investment size: $1,500,000 / min. $1,000,000
This project is basically retail chain with cash back to our valued customers. To create multi chain retail outlet in entire India on phased manner. We are looking for investor to invest in our projects. We required funding of $10,00,000 to $15,00,000 to start with metro cities in Chennai.
This investment project represents unique retail chain concept.
In today’s market everything is available. There is no Monopoly. Marketing the product is difficult and much more retaining the customer is even more difficult.
The idea of this store is:
- Consolidation of sales
- Customer retention
- Adding up of new customers.
The idea behind is to make people earn money through buying their daily home needs – Grocery and at the same time the company gets sales consolidation. The main objective is to create a buyer seller interface in which both of them gain.
Concept behind this project
Rs 100 spent by a buyer will GET RETURN on THEIR purchase above Rs1000 every month.
- No sales
- No marketing
- No need to join anybody
- Just buy you will get income
- Buy more and earn more.
Eligibility for earning
A person has to make a first purchase of rs1000 for becoming a member. Subsequently the member has to purchase rs1000 every month. Each ID will get you earning.
Company future planning
The ideology of company and the strength will be only on marketing. After successful launch of first ten shops we will start aggressively launching new shops across Chennai and Tamil Nadu.
By the end of fifth year we should have at least 10,00,000 customers. At the end of third year company has to have 1,00,000 customers. Monthly customer Purchase 1,00,000 * 22 $ = USD 22,00,000. Annual company turnover USD 26,40,000 ( In INR Rs 120 Crores).
After 7 years investor can exit. It is unique cash back offer. Investor can be shareholder and have stake of 50%. In today's retail market no company is paying cash back offer to customer.
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