Lenskart Home Try On Franchise .pptx.pdf

Lenskart

1. Lenskart@Home - Franchise

2. 600 million out of 1.3 billion
need vision correction
Only 180 million out of 600
million use vision correction
Lenskart is India's fastest growing eyewear company with a rapidly growing business, reaching out to over
1,00,000 customers a month via a unique combination of a Strong Online Presence as www.lenskart.com,
Uniquely Designed Physical Stores, as well as a first of its kind 'home eye check up' (Lenskart @Home)
service.
Lenskart is revolutionizing the eyewear industry in India.
Our Mission & Vision

3. The BIG problem for us to solve
4.2 Billion people need vision correction globally but only 40% have it
2.5 Billion people need spectacles globally but don’t have it
600 Million people need vision correction in India but less than 30% have it
$227 Billion the global economy loses every year because of poor vision
Vision is the largest health ailment today globally but with the least subsidies & donations
~50% of the world’s population is myopic

4. Customer is
happy with the
service and newly
bought Eyewear
Customer tell
others about the
Awesome
Lenskart@Home
Service
Franchise Partner
earns superb
commission and
increased last
mile customer
reach
Customer
demand for Home
Eye Checkup is
gradually
increasing across
India
Our franchise
partner will
provides Eye
checkup at home
What is Lenskart@Home Franchise ?

5. Lenskart@Home Presence Across India
FARIDABAD
DELHI
GURGAON
MUMBAI
PUNE
BANGALORE
CHENNAI
HYDERABAD
KOLKATA
GHAZIABAD
NOIDA,
AGRA
AHMEDABAD
SILIGURI +
DURGAPUR
COIMBATORE
HUBLI
CHANDIGARH
JAIPUR
LUCKNOW, KANPUR
PATNA
•We are currently present in 32 Cities
across India.

•Lenskart has planned to expand its
reach to over 50 cities in coming time

•Increase in disposable income and
shortage of time has led to increase in
customers requiring Lenskart@Home
service at the comforts of their Home

•Most Appropriate time for Lenskart
Store franchise to be a part of
Lenskart@Home growth journey and
earn huge profits by increasing their
customer reach

•Also get the opportunity to serve every
customer possible who cannot or are
not willing to come to store



Huge Opportunity for
Franchise Store
MYSORE
PONDICHERRY
MADURAI
VISHAKHAPATNAM
GUWAHATI
BHUBANESWAR
NAGPUR
RANCHI
KOCHI
ALLAHABAD
BHOPAL
INDORE

6. Why Take Lenskart@Home
Franchise ?
Superb opportunity
to become an
entrepreneur under
the Brand “Lenskart”
Provides an
opportunity to reach
more and more
customers
No Geographical
Limitations
Leads assistance by
Lenskart
Immediate Payouts /
Earnings
Complete backend
Operational support
No Rentals &
Operational
Expenses
Better Store
Manpower (Optom)
utilization
Expand the last mile
customer reach
One of the Best ROI
(185%) across the
industries
Breakeven within 6
months
Very low Investment
3.28 Lakhs (Special
Price)

7. •3rd Party EMI option available basis credit score of borrower
•Minimum Down payment of 25%-40% basis EMI approved amount.
•No Franchise Fees Deductions
•Frames amount refundable post quality check passed.
•Repair Cost of asset to be borne by Franchise.
•EDC machine rental to be borne by Franchise.
•No additional training cost, rest accommodation & food will be born by franchisee.
Investment Model – For our Privileged Franchise Store Partners
New Assets Market Price - 5.85 Lacs
New Assets
Market Price Subsidised Price
Spot Vision 250,000 200,000
PD Meter 10,000 10,000
Frames 280,000 78000
iPad 30,000 30,000
Consumables 15,000 10,000
Investment Amount 585,000 328,000
New Assets Subsidised
Price for our Esteemed
Franchise Store Partners

3.28 Lacs


5.85 Lacs

8. Return on investment comparison (ROI)
Return on investment comparison (ROI)
For Lenskart Home Franchise
Particulars Home Franchise (At Mkt Price)*Home Franchise (At Special Price)**
•Investment 5,85,000 3,28,000
•Average Monthly Business 2,50,000 2,50,000
•Average Commission Amount 75,000 75,000
•Staff Salary 20,000 20,000
•Fuel Expenses 5,000 5,000
•Net Monthly Income 50,000 50,000
•Return on investment 102% 18%
•Breakeven Period 12 months 6 months !!

9. Projected Franchise Earnings (Cumulative figures)
•Considering an Average Sale of 2.5 Lakhs per Month
•Average monthly expense (Salary) of 25 thousand
•Average commission of 75 thousand (26%+4%)
•Average net Profit will be 50 thousand
•ROI will be 185%
•Breakeven will be achieved in 6 Months

10. Earning Potential of Franchise
Additional 4% commission criteria
If Attended is 65% and above 1% 1%
Man-days 22 and above 1% 1%
If NPS >=70 1% 1%
If Reverse <=8% 1% 1%
•Commission is payable on the Net Revenue done by Franchise
•Commission gets credited in Franchise wallet post successful payment & once the order is dispatched from
Warehouse
•In case of Cx return, commission gets reversed in Franchise commission Wallet
•Bank Payout to be done once wallet threshold exceeds 10k.
•4 % additional payout is subject to KPI achievement & will be processed monthly
NET REVENUE 4 lac 3 lac 2 Lac
Commission @26% 1040007800052000
Additional 4 % 16000120008000
Total Monthly Commisssion 1200009000060000
TDS @5% 6000 4500 3000
EDC Rental+ Transaction charges 1000 1000 1000
Take Home Commission 1130008450056000

11. Success Stories / Testimonials
Pradeep Mali - Pune
Chandan Kumar - Jaipur
•Great Incentive, High commission and No boss work hence I love being a franchisee
owner of Lenskart @Home and I'm looking forward to the next few months where my
location will be taking off and preparing me to open a second location.
•My experience with business and support team is quite incredible.
•Last month I did a sale of 3,00,000 & received the commission of around 80,000.
•It was one of the best decisions I’ve made to join Lenskart@Home franchisee. It has
given me the flexibility I need to work from anywhere and the income that is directly tied
to the effort I put into my business.
•No other opportunity, coupled with hard work of course, will allow for such a wonderful
work-life balance Now I work only for myself and benefit directly from every hour of work
that I put in.
•Last month I did a sale of 4,33,000 & received the commission of around 1,27,000

12. Success Stories / Testimonials
Franchise Partner - Delhi
Franchise Partner - Kolkata
•Its been 2 months that I have joined Lenskart as HTO Franchisee Partner and have
been receiving superb business inquiries / customer leads since the very beginning. I
have been able to expand my reach in various locations of Noida and have reached out
to new customers in very short time span.
•Last month I did a sale of 4,44,000 & received the commission of around 1,05,000 and
just few days back I have booked my own flat In Noida and my target is to complete its
full installments by this Financial Year .
•From the initial only I was not looking for a job but I was looking for a mission that
Lenskart provided and I cashed the opportunity of Lenskart@Home franchisee .The
Business team and Operations team provide superb support which helps to attend and
convert majority of the Leads.
•The commission is directly tied to the effort I put into my business. Last month I did a
sale of 4,28,000 & received the commission of around 1,02,000

13. Success Stories / Testimonials of Field Executive
Chandan singh Rawat - Jaipur
•Its been 4 months I became Lenskartian for HTO business & have done
sale of 2.2lac last month & earn good incentive. Its obvious if I would be
franchise then would have earn more vs what I get now as FE

•I am eager to join franchise, this thought motivates me daily to save
enough to get onboard with franchise in next 1-2 months.

14. Franchise Partners sharing their Success Stories &
future plans for wealth generation

15. Frequently Asked Questions – Investment related
•Question – Is the investment made by me refundable ?
•Answer – No. Franchise Fee is not refundable .

•Question – What is the term of the Franchise Agreement ?
•Answer – Franchise Agreement is for 2 years, which will be renewed after 2 years without any renewal cost
/expense.

•Question – Will there by any lock-in period ?
•Answer – Yes, there is a 12 months lock in period for both EMI & Non-EMI model.

•Question – What all will I get after taking Franchise ?
•Answer - You will get Spot vision , PD meter, iPad, Uniform, Consumables, Frames( JJ+VC+AIR). This kit
weighs 20Kg approx.

16. Frequently Asked Questions - Operations
•Question – How will the EMI be deducted ?
•Answer – EMI will be paid directly to the lending partner.
•Question – If Asset breakdowns or becomes unusable after a period of time , who will bear the cost or how will I
get it repaired ?
•Answer – Asset Repair Cost will be borne by Franchise only. Lenskart will help getting it repaired.

•Question Will my assets will be insured ?
•Answer – Assets to be insured to safeguard from loss. However, premium cost to be borne by franchise. Lenskart
will help in facilitating Asset insurance.

•Question – Will there be any differentiation between Lenskart employee and Franchise in terms of leads
allocation ?
•Answer – There will be no difference in allocation of Leads for Lenskart FOS & Franchise. Rating based
allocation of leads will be used in backend for allocation of leads.

17. Frequently Asked Questions – Commission
Related
•Question – Will there be any change in commission structure during agreement term ?
•Answer – No, it will stay same 26 % ( on JJ+VC +EYE+ KIDS) + 4 % Variable subject to KPI achievement.

•Question – Will I get monthly Targets ?
•Answer – No, You are the independent owner of franchise. The more business you will do , the more will be earning.

•Question – Will there be any deductions from my commission ?
•Answer – Commission will be paid on Net Business + 5 % TDS will be deducted.
•EDC Machines will be mandatory to carry and Monthly rental & Transaction cost will be borne by Franchise . Roughly
550 rs per month.
•Other than this, there will be deduction , COD lead amount collected will be deducted from commission wallet.
•No monthly franchisee fee will be charged.

•Question – How frequently will I get my commission ?
•Answer – Commission will be credited in your Lenskart POS commission wallet after order will be dispatched.
•As soon as wallet will cross 10k, the excess amount will be transferred into your wallet.
•Daily Recon will be done & payments are automated.

18. THANK YOU

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