Philips Lighting Franchise

Philips India Limited, a subsidiary of the Netherlands-based Royal Philips, is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations.

Philips Light Lounge is an exclusive showroom of Home Decorative Lighting or Fancy Lighting collection from Philips.
This is the only exclusive retail face of Philips, who is the market leader in lighting segment worldwide.
Light Lounge gives a unique experience to the customer with its innovative lighting design & quality.
There are 80 light lounges across India, which is situated in all Metros & Mini Metros.
Apart from normal consumers, Light Lounge is also an experience centre for professionals like Architect & Interior Designers.
Philips Light Lounge has a display of more than 300 decorative lighting items.

Philips Lighting

Companies provide the consumer with a feel of the product, which explains the rationale behind the selective names etched in the minds of the quality-conscious nature of the latter. Philips Light Lounge (PLL) facilitates the consumer to experience the designs of Philip’s exquisite range of decorative lighting. The lounge, which is the only exclusive retail face of Philips, offers products under the range of Living Colors; Ledino; Classic; Ambiance; Ecomoods; Kidsplace; and Aquafit. These ranges can be fit into any space including the living room, bedroom, study room, dining rooms, kitchen, and bathroom. The prices of these electronic appliances range between INR 500- 60,000, thereby catering to the preference and affordability of all consumers. Apart from its service to consumers, the light lounge also acts as an experience center for professionals such as Architects and Interior Designers.

Preferred Partner Profile

Driven towards the pursuit of entrepreneurship.
Interested in engaging in a new business with a reputed establishment.
Blessed with sound managerial skills.
Willing to exert their efforts for the betterment of Philips.

Partnership Levels

Value Added Partners – as authorized lighting specialists endorsed to sell and service the exquisite range of Philip’s lighting technologies.
Certified Value Added Partners – as partners duly certified by Philips Lighting for their expertise in implementing lighting solutions.

Desired Franchisee Profile

Philips Dealership Cost- Philips mandates interested entrepreneurs to invest a sum of INR 2 lakhs – INR 5 lakhs to establish a single unit, and a sum of INR 20 lakhs – 30 lakhs to start a master unit/multi-unit franchise. Company estimates suggest that entrepreneurs are likely to receive an ROI of 30-45%, with a payback period of 2-3 years.

Infrastructural Specifications- The franchise may be established in an owned/rental property which has a space of 1000-2000 square feet. It may be preferably located in a high street, given the higher number of footfalls in these locales.

How to Apply for Philips Dealership?

Interested applicants are required to apply for partnership opportunities through the official website of Philips. The application procedure is as follows: Step 1:- Membership Page To start with, the applicant must visit the official Philips Lighting website. Step 2:- Become a Partner Among the various options provided in the page, the option ‘Become a partner’ needs to be chosen. Step 3:- Select Apply Now Now, he/she may scroll down to the bottom of the page, and select the ‘Apply now’ option. Step 4:- Specification of Details In the following page, the required details must be filled. This includes the first and last name of the applicant; e-mail address; the name of the company; contact number; job title; country; related queries; and a personalized message. Step 5:- Choice of receipt of communication The applicant may choose for or against receiving personalized promotional communications regarding Signify-related brands. Step 6:- Agreement of Terms To conclude the process, the applicant must agree to the terms of use and click the ‘Submit’ option. Philips will then contact the party if it feels that it is a right fit for the opportunity.

Training- The appointed franchisees will be trained in the following manner:

Provision of expert guidance on establishing the franchise unit from the head office.
On-field training at every unit.
Field assistance for efficient performance of tasks.

Detailed operating manual will be provided to the franchise units. The franchisees will house all the latest IT systems.

Terms of Contract- Most of all modern-day businesses are pursued with a contract, whether or not the relationship between the parties is cordial. Philips requires its partners to sign a contract prior to the commencement of the partnered endeavors. The contract is valid for a lifetime.

FAQs

Benefits to Franchisee?

Exclusive territorial rights given to a unit franchise
Present It systems will be included in the franchise
Benefit of lifetime franchise term

Franchisor Support?

Detailed operating manuals for franchisee
Provide site selection assistance
Franchisee training is done at office
Someone from head office will assist the franchisee in setting up the franchise

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