Bengaluru: Pepperfry launches its new studio in Marathahalli
Press Release, Jun 14, 2022, 5:18 PM IST
Pepperfry, the ecommerce furniture and home goods company, announced the launch of its 1st Studio in Marathahalli, Bangalore. The offline expansion is in line with the company’s aim to penetrate into niche markets and build an omnichannel business in home and living marketplace in India. Pepperfry’s studio footprint currently spans across 80+ cities with 160+ studios in the country.
The company launched its first studio in 2014. The new studio launched in partnership with Wooden, is situated at Outer Ring Rd, Kadubeesanahalli in Marathahalli, spanning across a carpet area of 1550 sq. ft. It offers customers a first-hand experience of a large catalogue of furniture and home products carefully selected from a differentiated portfolio of 1 lakh plus products available on Pepperfry website. Customers will get specialized design advice from the company’s interior design consultants. The studio at Marathahalli aims at providing a personalized shopping experience tailored to the unique needs of home and living customers in Bangalore.
Launched in 2017, Pepperfry franchise business model offers order fulfillment and after sales service by Pepperfry, support on studio design, launch & set up, operational guidance, marketing, and promotions. Pepperfry partners with local entrepreneurs who are aware of the hyperlocal demand cycles and trends. Pepperfry launches about 8-9 franchisees every month.
Pepperfry Accelerator Program, launched in June 2021 was crafted to expand Pepperfry’s offline footprint. The big differentiator of this program is the Capex required by franchise partners which starts INR 15 lakhs onwards. This model is based on 100% price parity and does not require the partner to hold product inventory, making it a mutually beneficial business association.
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