Telecommunications - New Delhi, Delhi, India
We are a fast growing organization, focusing on serving the customer needs and demands that vary for every consumer. Djnni is a foray into a retail footprint for certified refurbished devices backed by a warranty and enabled by technology. MARKET SIZE & GROWTH:A Global market of $17bn for refurbished mobiles and growing. While the India market is unorganized but still clocked ~70mn handsets and grew at 34% CAGR last year. This opportunity is currently being leveraged only by a few e-commerce players. With an increasing economic gap, the current socio-economic framework makes this proposition perfectly poised. The desire for a high-end device at affordable rates. Also, the taboo of a pre-owned device is broken. Djnni arrays basic fears of a consumer on Quality, Value & Trust involved in this purchase decision.OUR JOURNEY SO FAR:Djnni Retail Pvt Ltd commenced operations in Nov 2017, prioritizing supply chain and channel footprint it now has a commendable story of execution & efficiency in the market today. The three cornerstones of our operations are:1. Quality: To fulfill the quality promise to our customer we wanted a refurbishment unit that resonates our quality standards and the ability to refurbish & scale.2. Value: To ensure the cost-efficient supply chain with a regular flow of material we partnered directly with e-comm players and also some larger re-sellers. 3. Trust: The distribution channel was created to enthuse trust, and a brick & mortar model through a franchise network was best suited for brand recognition and consumer belief. Envisaging an exclusive brand chain of more than 100 stores by end 2018.
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