If you are someone who wants to bring grace and style to lives of other people, you may like to open a Zara franchise in your locality.
Every successful and famous person or a business has a reason to be praised by the people. They don’t get praised out of the blue rather they have worked tirelessly and reached a point where success itself takes pride in their achievement. Likewise Zara which is patronized by the entire world did what it had to in its early years. The company, owned by Inditex of Spain, has all reasons to become world’s best fashion brand.
Some unveiled facts about Zara
The three important things of Zara that most fashionites adore are it’s quality, reasonable pricing, and excellent customer service policies. When you are able to keep these three important parameters working together in coherence, success will kiss you every single time in your business life. Zara also stepped ahead and became successful by locating their stores at strategic places where they don’t get overlooked by their customers.
The other important unveiled fact of Zara company is that Zara never spends too much money on its advertisements and the reason why they do it is the fact that the company has already earned an immense amount of market admiration.
Zara has always loved the idea of protecting environment. The company launched eco-friendly product lines to ensure reduction of carbon footprints in the environment. One of its popular line is “Join Life” and it meant using recycled materials and organic cotton for their clothing productions. The company has never disclosed it’s operational and financial secrets to the public. Even it’s owner Amancio Ortega has always avoided too much public appearance.
Zara uses innovative supply chains to make sure it always doesn’t sell more than it’s procurement deals. The company uses advanced technology to sense the market trends in the real time and adjusts itself to the latest fashion trends. No extra inventory means no waste.
What is Zara company all about?
It should always be your first priority to look for the company background when you plan to open a franchise because doing so makes you sit back and relax for the fact your money 💰 is in the safe hands. Let’s take a ome-minute look on Zara company’s historical records before digging it’s franchise information.
It was perhaps the year 1975 when Amancio Ortega and Rosala Mera together decided to launch their first fashion store called Zobra in the Galicia area of Spain. Galicia has its historical popularity in the Western Spain. To your knowledge, the name Zobra was later changed to Zara by its founders. Furthermore, Amancia Ortega still occupies the second position in the list of most wealthiest people in the Europe.
Zara operates in as many as 90 nations worldwide and India, Pakistan, etc are the two most popular Asian countries where the company runs a lot of stores. Likewise, it owns a number of stores in the middle east as well and in the United states Zara has 52 stores. The total count of stores which Zara operates worldwide is more than 7000 almost in ninety countries.
Zara designs and sells a wide range of clothes for men, women, kids, etc. It’s best clothing offers are t-shirts, trousers, jackets, shirts, outwear, etc. Zara also caters beauty products like lipsticks, eyeshadow, nail polishes, etc.
Zara franchise cost structure
There is none who cab buy something he wants for free. You need to have money in your pocket. Likewise, owning a Zara franchise comes with an investment and the amount needed is said to be $100k, which is a huge lump of money.
Investment figures differ with the country you live in and where you want to launch it’s franchise. You may be demanded more or less in different countries. For example, if it is the Spain itself, it could be $90k and in other European nations it may be more, depending on the country where you live in.
Your amount will be spent on obtaining equipment, furniture, and fixtures. Just to remind you that Zara does not offer franchise opportunities at so many location and India is unfortunately one of them. You should look for their corporate office to investigate whether or not they are willing to provide franchise opportunities at your location.
There are some additional costs as well with respect to the Zara franchise. You will also get charged around 5-10% for royalty while .3% for advertising fees.
Before Zara grants you complete authority on their franchise, you should meet their other requirements as well like a suitable location where you plan for store setup, store design and even agreement. Make sure directly contact the company officials to ask for the details. They will be happy to look after your queries and get back to you within no time and serve you the best information from the company.
Conclusion
Opening a Zara franchise is like a winning a lottery. Zara is not only popular but also something that really cares about their environment and needs of people. They deliver what people ask for no matter if Zara goes in the loss. The interest of customers is their motive and even if takes tye sacrifice of profits. The company doesn’t care about profits too much as compared to the value of their customers. Somebody once said if you value customer interests, customers will look for your profits and that is what Zara excercises in their supply chain right from procurement of materials to the retail aspects of their business model.
When they say Zara wins rest loses, they mean Zara serves their customers in a way not to make their customer doubtful. They say when customers are happy, everything goes good with the company and when they feel disappointed, everything goes in vain. Zara gives their best to work on strategies that wins the hearts of their customers.