Introduction to profit in Jio DTH franchise in India
Once in awhile, we see a brand in the market which alters the way things are up for everyone. This is exactly what occurred with the influx of Reliance Jio in the telecom sector. Reliance Jio accomplished to entice large amounts of potential customers by delivering telecom services at really less price without compromising on the quality and even the performance. The prices were so low that competitors never found a chance to be against Jio.
A step by step guide to start and make a profit in Jio DTH Franchise
The broadcast sector, that revolutionized over the years – from having only a single TV channel to having a cable connection with numerous channels and then making a switch to set-top boxes, is now passing through some extreme changes again.
Jio DTH was launched on 5 September 2019 and gradually changed the way content is consumed by people at home by delivering DTH and internet services at comparatively reduced prices. Apart from the previous TV channels, gaming services, and high-speed internet along with the other services delivered by JioFiber and Jio DTH services.
Description about Jio DTH service company
Jio is an Indian telecommunications company that is a subordinate of Reliance Industries. The company established its headquarters in the metro city, Mumbai. The company was registered in Ahmedabad, Gujarat, on 15 February 2007 as Reliance JioInfocomm Limited, but didn’t start operations till 2015. After a soft launch in the year 2015 in December, Jio became publicly available on 5 September in the year 2016. Today, it has about 355.17 million subscribers. Jio has come out to be the second-largest mobile network provider in the nation, India, and ranks 4th among the largest mobile networks in the whole world.
Apart from mobile network services, the company has also shown its footprints into other business sectors. An affordable category of cell phones named ‘Jiophones’, wi-fi routers as ‘JioFi’, a bundle of multimedia apps in Google Play, are few of such segments.
After getting established in the telecom sector, Reliance Jio has begun to venture into the broadcast industry as well through new services such as Reliance JioFiber and Jio DTH service.
JioFiber and Jio DTH business plan
The business model which has been adopted by Reliance for Jio DTH is very easy. The company plans to earn money by selling Jio set-top boxes and next by monthly or yearly fees which will be paid by subscribers for the continuous need of services of JioFiber and Jio DTH.
Advantages of Jio DTH franchise
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There are several advantages to being associated with Reliance Jio. It is an aspect where maximum profit can be expected with low-risk rates. One of the main benefits as an owner of the Jio DTH franchise is that the investment capital is the lowest in the whole DTH industry. Set-top boxes of both standard definition and high definition are available at budget-friendly charges. Customer care services available 24×7 round the clock for the franchisee to deal with any issues or inquiries.
Reliance Jio franchise opportunities
A person interested to be an owner of a Jio DTH franchise must fulfill few obligations to get the dealership. The first requisite is that the potential franchisee must acquire an area or space of around 150 to 250 square feet, to set up the store. The place could be own or rental.
To become an owner of a Jio DTH franchise, an individual must check the official website of the company or fill out the application form properly or they can visit the nearby Jio center. Documents such as PAN card, 6 passport size photos, Aadhar card, and 6 months bank statements, photos of space or store place, and highest qualification degree are needed along with the application form to apply for JIO DTH dealership.
Documents required to apply for a Jio DTH dealership
The list of documents that should be submitted along with the application form is Aadhar card, PAN card, 6 passport size photos, and bank statements previous months (six), photos of the place or godown, and highest qualification of the owner.
Factors determining the cost of investment in a Jio franchise
Many factors come into play while deciding the cost of investment in getting a Jio DTH dealership. Primarily, it depends on the type of franchise that is chosen by the dealer. An individual can either sell the Jio hardware products or take charge of SIM cards and allied services.
Another factor is the location of the business. The investment could be low in rural areas as there will not be many customers. But in urban areas, the cost of investment will be higher and perhaps could reach up to some lakhs.
Requirements to set-up aJio DTH franchise
The cost of investment in Jio dealership is based on the type of franchise an individual selects. There are two kinds of franchises for Jio DTH. In the first dealership mode, the franchisee will take care of the maintenance of SIM cards, SIM activations, and all other services associated with recharges, whether they have subscribed for a monthly, quarterly or annual basis. In the second type of dealership, the franchisee is only responsible to sell the Jio hardware products and deliver associated support to clients
Cost or investment to Jio DTH franchise
Another aspect that impacts the cost is location. Even though we cannot specify a location-specific cost breakdown is available online, the following figures depict the general costs that one should spend to get a Jio dealership:
- The investment essential for the running of the DTH workstation is estimated to be 2 lakh rupees.
- The expenses to set up the whole store will be around 3 to 5 lakh rupees.
- Dealership fees of around Rs.50, 000 must be submitted to the company.
- Based on the area of the store, a one-time refundable fee of about Rs.15, 000, Rs.50, 000, or Rs.75,000 rupees is imposed by the company.
- The franchisee needs to appoint a minimum of 10 employees for the store. Each of those employee’s salaries maybe around Rs. 12,000 to Rs. 20,000 monthly.
Profit in Jio DTH franchise
Although the exact number of the monthly returns from a Jio DTH franchise is unavailable on the internet, a Jio franchise owner can easily earn between 50,000 rupees to 2 lakh rupees per month as profit.
Conclusion to make profit in Jio DTH franchise
By providing top quality services and products at reasonable prices, Jio is reducing the competition in every segment. In less than three years, the brand has managed to acquire more than 300 million followers. This indicates the path of rapid growth and development in which is Jio following. So, if anyone is looking to spend their amount as the investment in the DTH business, then there is no better option than Jio.
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