Have you ever envisioned embarking on a franchise journey that doesn’t demand an investment in inventory and can be initiated with a minimal financial outlay? Have you been crawling over internet for the Amazon Easy Store business but couldn’t find any relevant information?
Are you confused whether Amazon offer its retail franchises or not? Does it worth your investment? What could be the initial investment and profit margin? Is Amazon Easy Store legit? What are the required steps to own a Amazon Easy Store chain?
In this blog, we’ll be covering a comprehensive article on starting an Amazon Easy Store Franchise in your city with its capital required, cost, profit, expansion strategies, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
- Company: Amazon Easy Store
- Founded: 2015
- HQ: India
- Industry: Retail & e-commerce
- No. of outlet: 800+
- Model: Franchise
- Area served: Nationwide
- Franchise Fee: Varies
- Profit Margin: ~ 15-20%
- Area Required: Min. 100 sq ft
- Total Initial Investment: ₹2 lakh to ₹4 lakh
Table of Contents
Overview of Amazon Easy Store Franchise
Amazon Easy Store is a flagship program of one of world’s popular e-commerce giant, Amazon, which was conceptualized in 2015 as a pilot project.
Since then with its immense support system and exceptional tech support, Amazon Easy Store has expanded its presence across the Indian cities.
The program enables aspiring entrepreneurs to embark on an exciting journey in the highly competitive field of e-commerce with the backing of Amazon India, and can certainly leverage Amazon’s last-mile delivery programme and earn a healthy margin.
The formats are designed in such a way as to provide a touch-and-feel experience through a physical product display.
It has certainly enabled customers to familiarize with e-commerce platform and help them do shopping at an affordable prices.
With the goal of expanding its presence to millions of customers residing in rural and semi-rural areas, Amazon has granted necessary rights to VOSO (Visit-offline-shop-online)and Indiabuys, which primarily offers multiple customer-related services such as mobile recharge, DTH payment, electricity bill payment, and more at a competitive pricing.
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The Journey of Amazon Easy Store
Their humble journey in India began in 2015 with a Pilot project, aiming to connect with Indians from every corner of the country.
Amazon subsequently collaborated with several networking partners, including Indiabuys, Vakrangee, and VOSO, which allowed the chain to leverage existing customer bases in rural and suburban regions, thereby expanding its expand its presence among every Indian consumers.
However, these platforms didn’t stop at just offering Amazon’s services – they also introduced their own customized tools that captured customer attention and led to increased footfall at their outlets.
Key Facts on Amazon Easy Store
| Sr No. | Type | Private |
|---|---|---|
| 1 | Trade Name | Amazon Easy Store |
| 2 | Industry | Retail |
| 3 | Founded | Conceptualized in 2015 |
| 4 | Founders Or Parent Company | Amazon Inc |
| 5 | Corporate Headquarters | India |
| 6 | Number of locations | 800+ |
| 7 | Area served | Nationwide |
| 8 | Model | Franchising through Network partner Vakrangee, Indiabuys, and VOSO |
| 9 | Service offering | Travel Booking, Utility Bill Payment, Domestic Money Transfer, Recharges, Insurance, Medicine, and more |
| 10 | Revenue | NA |
| 11 | Website | Respective partners website |
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Does Amazon directly sell its franchises?
To be True, Amazon doesn’t sell its franchises directly to the interested candidates. To become an approved partner, one has to visit to its channel partner’s official website and submit their application to for the Store ownership.
It’s important to note that while certain channel partners may impose a franchise fee, others may not. Nevertheless, setting aside the investment aspect, it’s impossible to ignore Amazon’s extensive experience and its prominent brand image in the industry.
Why consider owning an Amazon Easy Store Franchise?
- Affordable investment options:
- In contrast to other franchises in the market, Amazon Easy Store introduces its franchise program through networking partners, enabling entrepreneurs to establish an Easy Store at a notably reduced cost or even without any cost at all.
- However, the cost of land, interior decor, and other furnishing items shouldn’t be ignored.
- In contrast to other franchises in the market, Amazon Easy Store introduces its franchise program through networking partners, enabling entrepreneurs to establish an Easy Store at a notably reduced cost or even without any cost at all.
- Diverse service range:
- By partnering with its network partners, you’ll not only cater to the demand of customer’s looking to purchase their requirements but also provide a diverse array of digital tools such as Utility Bill Payment, Domestic Money Transfer, PAN Card, Recharges, and more.
- It ultimately enables the outlet owner to increase the customer’s footfall at its outlet.
- By partnering with its network partners, you’ll not only cater to the demand of customer’s looking to purchase their requirements but also provide a diverse array of digital tools such as Utility Bill Payment, Domestic Money Transfer, PAN Card, Recharges, and more.
- Royalty fee – Free business:
- As a franchisee, you may not be liable to pay any recurring costs such as Royalty and marketing fee, which can significantly bump up your net earning from the business.
- High profit potential:
- If chosen location is at high visibility and footfall area, the franchise aspirants can certainly anticipate a healthy earning at the end of every month. Hence, Choose the location wisely.
- As per the VOSO store official website, their partners can even earn up 13% of commission on all products.
- If chosen location is at high visibility and footfall area, the franchise aspirants can certainly anticipate a healthy earning at the end of every month. Hence, Choose the location wisely.
- Extensive support system:
- Interested franchise prospects may also get benefit from Amazon’s proven business model and successful track record of operating its outlet by its network partners, and its extensive training program may provide enough insight on company’s operation and day-to-day task.
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How much does Amazon Easy Store Franchise Cost?
The cost for starting an Amazon Easy Store may depend on several factors, such as, outlet’s geographical location, available floor area, investment required to furnish the space, and chosen network partner & its plans.
To embark on the flourishing journey as an Amazon Easy Store Franchise owner, one may require to invest at least ₹2 lakh to ₹4 lakh. One should also have an outlet space of at least 100 feet to build up a retail space for the franchise.
The initial investment for mentioned above for the Amazon Easy Store includes the franchise fee, decor & furnish costs, leasehold improvements, and working capital.
How much is the Amazon Easy Store Franchise Fee?
The respective network partners hasn’t disclosed the investment break up of the setup cost. Nevertheless, as per the official website of respective partner, some of them does charge a fee and other don’t.
| Type of Cost | Cost & Other Details |
|---|---|
| Franchise Fee | NA |
| Royalty Fee | NA |
| Marketing Fee | NA |
| Profit Potential | 10-20% |
| Return on investment | 12-24 months |
| Total Initial investment | ₹2 lakhs to ₹4 lakhs |
The franchise presents several models, including Basic, Silver, and Gold, with costs ranging from ₹3000 to ₹15,000.
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How much is Amazon Easy Store Franchise Profit?
The net profitability of a single Amazon Easy Store is highly dependent on several factors, including the outlet’s geographical location, customer’s footfall at the outlet, overall market conditions, and the chosen model.
Furthermore, considering its extensive footprints in India, renowned brand image, comprehensive training & support program, healthy and diversified service portfolio, and affordable investment, a franchisee can anticipate a monthly income of at least ₹20,000 and potentially can go beyond ₹ 1 lakh.
To explore more about the income potential –>> Indiabuys Income Calculator
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How to Get Amazon Easy Store Franchise?
Owning an Amazon Easy Store couldn’t be a tedious task as it seems, all you require is a small investment and a retail space to put up the store. As mentioned earlier, Amazon has given essential rights to the its several partners and one should be perform extensive research to get on with it.
To become an approved Amazon Easy Store partner, one can go ahead with the following steps;
- Visit either VOSO Store, Indiabuy, or Vakrangee’s official website and navigate to its franchising tab;
- Fill in the details like Name, Email ID, Phone number, City, State, Postal Code, and more.
Official websites and Phone numbers
| Network Partners | Official website | Phone Number |
|---|---|---|
| Voso Store | VOSO STORE | +919109854630 |
| IndiaBuy | Indiabuy(IB Store) | +91 63014 76353 |
| Vakrangee (specific to own systems) | Vakrangee Store | +91 22 6776 5100 |
Final Takeaway – Conclusion
Amazon Easy Store stands out as a compelling and potentially lucrative business opportunity within India. With a minimal upfront investment, this venture holds the potential to yield a healthy profit margin within a matter of months from its commencement.
The Bottom Line:
Each of these network partners boasts its distinct competitive advantage, offering either a nominal franchise fee or even no fee for their respective models. This unique feature positions Amazon Easy Store as an exceptionally accessible and affordable franchise opportunity backed by a renowned brand.
While Voso ensures a promising commission of 13% on Amazon Easy Products, Indiabuy doesn’t lag behind, presenting an intriguing income calculator that projects potential earnings starting from ₹20,000 and reaching upwards of ₹1 lakh or more.
As per our analysis, Vakrangee Store is quite a different model that should be covered as separate topic. It provides a ATM facilities, Insurance, financial services, and Online shopping assistance and more.
Prospective candidates are welcome to select a network partner according to their preferences. However, before making a commitment, it’s advisable to conduct a thorough market analysis and assess the growth potential of each opportunity.
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FAQ
How much does it cost to start an Amazon Easy Store Franchise?
To become an approved Amazon Easy Store owner, one may need to have an initial investment of ₹2 lakh to ₹4 lakh for a floor space ranging between 80 sq feet to 200 sq feet.
Is Amazon Easy Store Franchise Profitable?
Certainly, Amazon Easy Store business may turn out be a lucrative business opportunity for the aspiring candidates.
Given the rapid rise in e-commerce platform, growing awareness, affordable store setup cost, No royalty charges, and customer-centric service portfolio, a franchise prospects may anticipate an impressive earning of at least ₹30,000 to over ₹1 lakh per month.What are the platforms available to own an Amazon Easy Store Chain?
Ans: One can either go ahead with Voso Store, Indiabuy, or Vakrangee to become Amazon Easy Store’s official owner.
How much does an Amazon Easy Store Franchise Owner make?
Ans: An Amazon Easy Store outlet owner can expect a monthly income of at least ₹20,000 to ₹30,000 in its initial few months of operations, and which can go beyond ₹1 lakh(if executed properly).
Don’t forget to check out Indiabuy’s Income Calculator.
