Euronics

[codlets]

Hi. I’m currently considering applying for a membership with Euronics. Before i take the plunge, I was wondering if anyone on here is already a member and what are the benefits, also what kind of profits are expected
Thanks, Leon

[wilf]

Re: Euronics

we shut our shop 4 years ago but in the years before we looked at euronics a couple of times but it all came to nought it would have been easier joining MI5 when they eventually spoke to us they would only give vague figures and prices would be based on turnover
things might be different today but we knocked the idea on the head as we wouldnt shell out joining fee without knowing what we might gain
it seemed then like a closed shop

hope you might find things more helpfull today

wilf

[Martin]

Re: Euronics

Leon,

I think it best you approach Euronics directly in this regard to be honest. As far as being part of the Euronics group they will look at your current retail set up, turnover, customer service, delivery and WEEE disposal facilities. Then make a projection as to how your company can best be brought into the franchise and the likely profit margin forecast.

You will need to have been a well established family business with a reasonable retail turnover in all things whitegoods and TV/Video to form part of the group. Especially these days when competition is so very cut-throat to say the least!

As a rule Euronics do tend to approach you directly if they felt your business could benefit. Have they not knocked on your door recently?

[Author]

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