Exide Battery Dealer Benefits
Aside from the obvious benefits of selling your car battery, there are a few more that you should be aware of as a dealer. These include profit margin, warranty, cost, space, and licensing and registration. Let’s take a look at each one of these and how they affect you and your business.
Cost
If you are planning to start a business in the battery dealership sector, you need to consider all the details that can help you get the most out of your investment. Exide Battery is a leading company in the industry. It manufactures a wide range of batteries for different kinds of vehicles. The company offers free warranties that ensure you are protected against any damage.
Getting an Exide Battery dealer license requires some work and a lot of money. You must first establish a company and a proper shop in a good location. You will need about 7 to 8 lakh rupees to start your battery dealership business. However, if you already have a battery business, you may be able to save some money.
An Exide Battery dealer is eligible if you are 21 years or older and have a certain amount of experience in the battery business. In addition to obtaining a license, you will need to provide information about your company, including its name, address, phone number and financial background.
After acquiring your Exide Battery Dealership license, you will need to purchase a certain amount of stock. Ideally, you will need to buy at least 50-100 batteries. Your profit margin will increase with the amount of stock you buy. Generally, you can expect to make 5% to 7% of your total sales.
For the Exide battery dealership to be successful, you will need to provide quality products and service to your customers. The company’s customer support team will assist you in any situation you encounter. Moreover, you will receive a warranty that can help you to repair your batteries.
With Exide, you are guaranteed to have high quality batteries that are capable of coping with the rigors of the Indian roads. They have advanced lead-calcium alloy technology, a low self-discharge rate and enhanced vibration resistance.
Profit margin
Exide Battery Dealership is one of the world’s leading brands in the battery dealership industry. It is known for its quality batteries. The battery manufacturer offers a wide range of products to its dealers.
Exide Battery Dealership has a network of dealerships in 46 countries. The battery maker offers a number of incentive schemes to its distributors. Some of the schemes include the company’s bonus scheme, which gives an initial cash payment to the dealer. There is also a special financing contract for the purchase of at-home charging equipment.
Exide’s Ebitda rose by 10% year-on-year to Rs367 crore. However, its net revenue dropped by 4%. This was due to a slowdown in OEM demand. A sharper recovery in replacement market sales helped offset the weakness.
Exide manufactures quality automotive and industrial lead acid batteries. In addition to its well-established presence in India, the company has plants in Sri Lanka, Bangladesh, and Uttarakhand. As a result, the company is well-positioned to take advantage of growing replacement market demand.
While a large part of the company’s success has been based on its ability to generate good profits, it has also been working on cost control measures to improve profitability. These measures include a broader range of raw materials and increasing backward integration.
Although the company’s September quarter Ebitda margin increased by 14.1% to 12.2%, its net revenue did not. The increase was driven by a better mix of replacement market sales and faster turnaround of warranty claims.
It’s also worth noting that the company has made an investment in digital initiatives to improve its technology. For instance, it has launched a pilot project to manufacture lithium-ion batteries in India.
Shop space required
Exide Battery is a leading company in India, known for manufacturing quality batteries. Exide offers a wide range of products including inverter battery, home UPS, lead acid batteries, solar batteries, etc.
Exide Batteries have been leading the industry in India for more than 60 years. It is the biggest manufacturer of lead-acid storage batteries. Among other products, Exide also manufactures Lithium-ion batteries.
The company has manufacturing plants in Sri Lanka, West Bengal, Maharashtra, Tamil Nadu, Uttarakhand and Kolkata. Exide batteries are distributed to more than 45 countries around the world, including Bangladesh, Myanmar, Afghanistan, and Mauritius.
In order to become a dealer, one should possess certain qualifications. Applicants must be at least 21 years old, have a knowledge of the battery business, and have a minimum financial background. Applicants who are interested in this opportunity must contact a local representative of the company.
Once you have completed the application process, the company will help you set up your shop. You will need to make an investment of about Rs 15 to 20 lakhs for your startup. This will depend on the size of your store and the location. During this time, the Exide Battery executive will assist you in the operation of your business.
As a distributor, you can choose to sell only Exide products or combine them with other products. For example, if you are a distributor for an IT company, you can sell the batteries along with other electronic equipment. Alternatively, you can open an exclusive Exide Battery Store.
Before contacting the company, you should have the proper land and an office. Once you have arranged these details, you can reach the area manager by phone. He will explain the company’s business model to you.
Licenses and registrations
If you are looking to get into the battery business, then you should consider starting a battery shop. This kind of business is a good way to make some cash. However, it’s important to be careful and ensure you have the right equipment and quality standards. The battery industry is booming in India.
The first step to start a battery store is to secure the necessary licenses and registrations. You may want to contact a local CA to help you get the necessary documentation. As a business owner, you also need to plan for growth. Make sure you have enough funds and employees to keep your operations running smoothly.
For example, there are several well-known battery brands in the market. One of them is Exide Battery, which manufactures lithium-ion batteries in India. It is the country’s largest storage battery manufacturer and the company’s products are used in a variety of industries, from electric vehicles to commercial applications.
Another battery-related company is Amaron. They are a leading battery manufacturer in India. Their products range from rechargeable batteries to high-end submarine batteries. In addition to their products, they have an array of special schemes.
One of the most impressive battery dealerships is Exide Battery. This company manufactures and distributes batteries for the automotive, marine and industrial markets. Among its wide variety of products, it has the largest number of automotive lead-acid batteries in the country.
Of course, it’s not the cheapest battery-related business you can find. Depending on your capital and your business location, you will need to invest anywhere from 7 to 8 lakh rupees to set up your own battery shop. Luckily, there are companies like SIDBI and private financial institutions that offer small business loans.
Warranty
When it comes to battery manufacturers, Exide is one of the leading companies. The company is a leader in lead acid batteries, providing efficient solutions to consumers across the world.
Battery manufacturers can offer warranties to ensure customer confidence in their products. Exide offers a variety of warranties. These warranties range from a pro-rata replacement to free replacement.
Depending on the type of battery, the warranty period can vary. In addition, some manufacturers offer a combination of a pro-rata replacement and a free replacement.
Warranty claims are usually accepted when accompanied with the original receipt. However, damage to the battery caused by abuse or neglect will be denied.
Exide’s warranty covers the performance and conformity of the product. This warranty is applicable to all types of batteries. If a battery is defective or has a manufacturing defect, the Company will offer a free replacement.
During the warranty, the Company will check the electrical circuit and charging system of the product. Failure to do so may invalidate the warranty. A battery may also be discharged, causing warranty claims to be denied.
A battery warranty booklet will be provided to the consumer. It will detail the warranty terms and conditions as well as the replacement period. It will also provide information on how to make a warranty claim.
A warranty for a car battery may last up to 12 months. Some products also offer a free replacement or repair, or a 1-to-1 exchange if the defect is found within seven days of purchase.
Before making a warranty claim, the consumer should read the warranty booklet thoroughly. Any faulty material or poor workmanship should be identified. Upon acceptance of the claim, the battery will be replaced, along with a Redemption Record.
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