Khadims is the biggest part of the Indian Retail group. Also, it is one of the leaders in the fashion sector in India. It is a footwear business that operates with a franchise system. The best thing about this chain is that it is not only a relatively inexpensive business opportunity to invest in, but it also offers the advantage of being dynamic, flexible, and modern for interested entrepreneurs. Today, we will talk about how to start a Khadims store in India.
Since December 3, 1981, Khadims has established 800 franchises under the national franchising company. On the other hand, the differentiates this chain of shoe stores from the others is that it has been able to adapt in original ways to the acceptance of the public. And it has even created and launched collections inspired by specific stories and others designed by influencers. Also, it has had a positive impact on customers.
The company’s marketing campaigns seek to give it a benchmark image in the shoe store and fashion industry in general. For this reason, the collaborations of recognized people in the digital world have been key to achieving massive dissemination and access to the market constantly.
However, Khadims has a centralized visual merchandising model that updates the appearance of its franchises every week according to the current season. The type of shoes the company wants to promote, the new collections, and others.
Why open a Khadims franchise store in India?
Selling Khadims shoes is an excellent business idea since there are many advantages that its model has. Among the main benefits of joining the company are the following:
They are profitable shoe stores.
Its business model is agile, dynamic and constantly incorporates new shoe models to offer its customers a variety of modern and good quality products.
Sales generators.
The company anticipates the demand as they frequently inquire about the needs of their customers.
Simple management.
The company has highly trained professionals to make decisions and support its franchisees with everything they need to operate their stores.
Wide range of products.
The brand designs, manufacture, and markets footwear for the whole family (men, women, adolescents, children). It, in turn, has lines for every occasion (daily, comfort, party, work, sports, etc.), from so sales increase.
Technology applied in sales.
Thanks to the technology incorporated in the point of sale and the head office. However, it is possible to achieve greater productivity and respond to the needs of the franchisees and the brand’s clients.
Efficient rotation system.
Khadims’s important distinction is that it immediately replenishes the shoes and accessories sold daily. In addition, one of your main strategies is to offer your customers new products each time they enter one of your stores during each season and not as a single batch in each of them.
Loyalty model.
Krack has a loyalty model with which it intends to offer its customers personalized treatment so that it achieves higher reception ratios than other franchises in the sector.
Requirements to open a franchise
If you want to acquire a Khadims franchise, it is necessary to invest 3 lakhs rupees. On the other hand, there are no monthly or other royalties and no advertising fee. The duration of the contract is stipulated in five continuous years, and the minimum population required to set up a store is 70 thousand inhabitants.
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As for the premises, they must measure at least 150 square meters. And preferably be located on a busy street belonging to the main road or within a shopping center.
How to start a Khadims store in India?
If you want to set up a business focused on footwear like Khadims, it is necessary to have a business vision with good foundations in fashion. A business where shoes or any garment is sold must keep a watchful eye on trends that may emerge throughout the year and, thus, in different seasons and seasons. It is difficult to handle; many artists and designers dedicate their lives to creating and manufacturing a cosmetically desired product. But what you have to look for is to maintain and stand out from the competition by selling a quality product and attracting customers.
Let’s see what aspects and steps we need to know to apply:
- Name(s) of one or all the owners of the retail space
- Postal Address of the Retail Space
- Postal Residential Address
- Demographics of the Catchment Area
- Retail Space Area (square feet)
- Contact Numbers and eMail ID of the owner/owners
- Photographs of your Location
- Frontage of the Retail Space
Please write to [email protected] or call The Company 1800 274 0501 / +91 33 40090501
Public of a shoe store
One of the first steps to start a Khadims store, the manufacture, and sale of shoes, is to be clear about the sector of the product you want to sell. The shoe industry encompasses many design specialties. Also, sports garments, special for medical conditions, up to exclusive high-class clothing and footwear. The entrepreneur looking to create a shoe store must choose to sell the shoe categories according to the customers they want to attract. That is based on their particular preferences. There is a market for orthopedic and sports shoes, designer sandals, and even children’s shoes. But the type of shoe store with the highest profitability is for women to focus on this type of market.
Personnel and manufacturing
The shoe manufacturing process can be time-consuming if we consider starting from the design, the materialization, and the final details. Also, it will be necessary to have personnel who know the products and handling of machines to publicize our product. Try to keep up to date on trends and new styles. In this way, you do not fall behind in the fashion of women’s footwear or the area you have chosen.
Develop a business plan
Now that the type of shoe store is decided, what follows is to start developing a business plan that gives the store a solid foundation and a focus for your entire business and process. You must create the store’s public policy fundamentals, competition analysis, and material and equipment necessary for manufacturing. Also, it is good to plan a budget for around 3 years with subject expenditure figures. Among the main materials you will need are:
Fabrics, soles laces, zippers
Heel nailing machines, sealing machines, Boot bell machine, machine supplies
Chairs and work tables, order packing material, venue décor, shelves, displays, shoe racks
Then, we will have to get the legal permits corresponding to the type of sale. That is tax matters, possibilities of commercial premises, and the necessary sales permits. The registration of the business in the corresponding entity in your city. Remember that the procedures and costs may vary depending on the regulations that apply to you.
When starting a business, it is good to get help from experts in the field so that no detail will be overlooked. And of course, do not forget to state in the business plan your objectives and all kinds of tangible and non-tangible aspects for the best way of producing and selling the shoe store.
Building business relationships and scope
The next step is to create the store’s relationships with the public and suppliers of material to manufacture the shoes. You must open trade accounts with the different material suppliers and calculate the sales estimates. Then we can extend the business with a brand. You can create advertising campaigns, inter-commercial relationships with other stores. And even contracts to sell our product wholesale when we achieve a higher volume production level. Working hard inrelationships is important, especially if you run a product store related to fashions and trends. It is a market with a lot of competition and the help of more experienced people and with contacts in the area can serve for the growth of our business.
Use networks as a tool
The internet is a powerful tool when starting a business, and a shoe store is no different. If the seller is adept enough at handling social media and the internet, he can use it as the sole means of transactions. By this time, the internet has matured as a work tool, and it is necessary to take full advantage of it; The popularity and accessibility of smart technology are only in its early stages, and it will soon replace common methods of conducting new business, so use this important tool that will allow you to expand your reach to reach your customers potentially.
Promotion and advertising media
In addition to social networks as a means of dissemination, other channels are great advertising tools that we should use. We find business cards, flyers, and billboards among them, especially for the shoe store business. Since we can also talk about a physical location, don’t forget a website whether you dedicate yourself to online or physical sales.
FAQ on how to start a Khadims store in India
Who is the owner of Khadims in India?
Mr. Siddhartha Roy Burman
What is Khadims?
Khadims India limited is the largest footwear retail group based in Kolkata. It is a footwear business that operates with a franchise system.
Conclusion on how to start a Khadims store in India
Finally, once the business registry has been put in order, one should seek to acquire a large space to establish the business so that the different models of shoes can be offered to the public. A place in a shopping center is an excellent idea to offer this product. So, it will be a great idea to start a Khadims store in India.
