It’s a great time to open a technology franchise with Batteries Plus. We’re well-known for providing in-demand products and services to support the technology our customers use every day. One of the best reasons to choose Batteries Plus is that we’ve built multiple revenue streams and product offerings into the model, allowing us to work with a larger customer base than many of our competitors.
It’s always a good idea to incorporate multiple revenue streams into any business. This tactic allows you to withstand economic ups and downs better while also staying adaptable. Here, learn more about the Batteries Plus model.
Multiple Revenue Streams
While Batteries Plus is popular among consumers, we also work with many businesses who need our products and services to operate. When you open a technology franchise with Batteries Plus, you can expect to work with customers including:
- Retail customers who use our products and services to power their personal devices
- Business clients who turn to us to repair or replace technology they use professionally
- eCommerce clients who operate online
- National Accounts who regularly choose Batteries Plus for their large-scale businesses
As a result, franchisees are better insulated against an economic downturn. Since 1988, we’ve been a relatively stable business because these clients need what we have to offer, in some cases, to keep their businesses running.
Diverse Product Offering
When you open a technology franchise with Batteries Plus, you’ll have a lot more to offer than batteries. We want to be the one-stop-shop to keep a range of devices working, where customers can find specialty batteries, bulbs, and more right in their neighborhood.
This philosophy has also helped Batteries Plus to thrive throughout the decades. We don’t shy away from new technologies; we embrace them. While many technology businesses struggle to keep up with changing trends and new innovations, the Batteries Plus team stays on top of them so our franchisees can focus on running their businesses.
A few of the diverse products and services we offer include:
- Repair Services (e.g., smartphone/tablet, key cutting, and programming)
- Smart home
As a result, franchisees are able to serve a growing range of customers in need of all these products and services and more. Franchisees can count on us to help them identify the products in the highest demand in their area so they can be sure their store is stocked with the right inventory.
We’re always looking for innovative ways to tap into new demographics and bring new customers to every Batteries Plus location.
Open a technology franchise with multiple revenue streams – choose Batteries Plus. Contact us today to see what it takes to open a new location.