Discover MINISO: Redefining Affordable Quality with Style
MINISO is a global retail phenomenon known for its stylish yet affordable products. Founded by Jack Ye in 2013, the brand was inspired by a family vacation to Japan, where Jack explored Japanese specialty stores and was captivated by the array of high-quality, well-designed products available at accessible prices. These products, primarily manufactured in China, demonstrated that excellence in design and affordability could coexist.
Founder's Inspiration and Vision
Jack Ye, leveraging his extensive experience in product development, supply chain management, and the fashion industry, envisioned a brand that would cater to the young and dynamic global consumer. He established MINISO with its headquarters in Guangzhou, China, with the goal of delivering exceptional value through a combination of high-quality products and affordable pricing. This vision was not just about providing products but about enhancing the everyday lives of young people around the world.
Our Mission: Enriching Lives with Affordable Excellence
MINISO’s mission is to enrich the lives of its customers by offering high-quality products at prices that are within reach for the younger generation. The brand is committed to delivering products that are not only functional and well-designed but also accessible, ensuring that customers can enjoy a touch of luxury without the luxury price tag. By focusing on delivering value without compromising on design and functionality, MINISO has established itself as a go-to brand for consumers seeking affordable excellence.
Innovative Approach: Redefining Retail with "Extreme Affordability"
MINISO has set itself apart from competitors through its innovative approach to retail. The brand has redefined the concept of "extreme affordability" by introducing the idea of "interest-based consumption." This concept revolves around understanding and catering to the evolving preferences of young consumers who seek products that are not only practical but also aligned with their interests and lifestyle. To keep up with trends and consumer demands, MINISO engages in strategic co-branding partnerships with popular license holders. These collaborations bring together MINISO’s design expertise and the brand equity of well-known licensors to create exclusive, trend-setting products. Additionally, MINISO integrates the latest technology into its offerings, ensuring that products are both visually appealing and user-friendly.
Omni-Channel Experience: Seamlessly Blending Online and Offline
In response to the changing consumer behavior towards multi-touchpoint interactions, MINISO has adopted a comprehensive omni-channel strategy. This strategy is designed to offer a cohesive and convenient shopping experience, whether customers are shopping online or in-store. MINISO has successfully integrated its online and offline shopping platforms to ensure a seamless transition between the two. This omni-channel approach allows customers to enjoy the convenience of online shopping while benefiting from the tangible experience of in-store visits. The brand’s robust digital presence complements its physical stores, providing customers with multiple ways to engage with the brand and access its products.
Global Presence: Spreading Joy Across the Globe
Under the brand slogan "Life is for Fun," MINISO has a global presence in over 4,000 stores across 80 countries. The brand continues to capture the attention of young, trend-conscious consumers around the world with its innovative approach to retail and commitment to delivering affordable excellence. With a focus on creating products that are not only functional but also engaging and enjoyable, MINISO remains relevant in a rapidly evolving retail landscape and continues to enrich the lives of its customers.
Miniso Details
Company Started On 2017
Franchise Started On 2017
Miniso Franchise Cost & Investment
Franchise Brand Fee 1000000
Royalty Commission 10%
Return on Investment 70%
Pay Back Period 1-2 Years
Miniso Available Regions
North Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
South Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West Gujarat, Rajasthan, Maharashtra, Goa
Central Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Miniso Dealership Contract Specifications
Standard Agreement Yes
Agreement Duration 1 Year
Renewal Option Yes
Miniso Outlet Space Requirements
Property Type Commercial
Floor Space 500 - 3000 Sq.ft
Desired Location Pan India
Similar Franchise Business Oppurnity in Cosmetics & Beauty Product Stores
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