Pepperfry Launches Its New Studio In Marathahalli, Bangalore
By Retail4Growth Bureau | June 15, 2022
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.
Ecommerce furniture and home goods company Pepperfry has 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.
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, informs the company.
Speaking of the launch Amruta Gupta, Business Head - Franchising and Alliances, Pepperfry said, “We are delighted to launch our new Studio in Marathahalli in partnership with Wooden. Owning a Pepperfry franchise is an entrepreneurial success, and we aim to reach consumers beyond the larger catchment areas of metropolitan and tier 1 cities. Our franchise partners include a mix of successful businesses, women entrepreneurs, ex-army officials and first-time entrepreneurs. Today a large part of our Pepperfry customer interactions leverage AR and virtual product interactions. With our mission to spark a feeling called home across the world, we endeavor to consistently deliver great customer service.”
Nisha Ruparel, Owner of Wooden, said, “We are delighted to partner with Pepperfry. The company has created a differentiated omnichannel business and we hope that our association will help service customers better.”