If there's one thing that most of us can't live without, it's our mobile phone. Once considered a luxury, the humble mobile has become the Swiss Army Knife of gadgets; offering a vast variety of functions. It's true to say that our phones are firmly fixed into the palms of practically every British citizen - young and old.
Of course, mobile handsets are more than just phones: they're internet browsers and games consoles; mobile shopping portals and social media platforms; our principal cameras and full entertainment systems. It's true to say that most of us organise our entire lives through the smart devices in our pockets.
This makes mobile phone franchises an incredibly attractive proposition. The average UK consumer updates their smartphone every 29 months. Still, with the rapid pace of technology, many loyal followers of brands such as Apple and Samsung update their phones with each new iteration - at least once a year.
According to Statista, just 4% of UK households have no mobile phone, while a fifth of households has only one. This leaves the majority of UK household with multiple handsets.
Back in 2017, there were almost 80 million UK mobile phone subscriptions, across a population of over 66 million.
This makes mobile phone franchises fertile territory to indulge your passion in state-of-the-art tech.
Franchising
Mobile phone franchises offer a unique entry point to a popular (albeit saturated) marketplace. You invest in the branding as much as the technology and, with a franchise, you inherit instant recognition from future customers who already know and trust the brand.
Gain instant curb appeal with a logo and a brand identity that attracts sales from the moment you open your doors.
When you invest in a mobile phone franchise, your parent company provides all the training you'll need for expert status. If you're new to being your own boss, your parent company will offer a range of administrative and compliance support functions; helping ensure that your business operates within approved regulations and guidelines.
When you invest in a mobile phone franchise, you benefit from the marketing campaigns of your parent company; employing the talents of exclusive marketing agencies - THE best way to attract customers.
Facts About Mobile Phone Franchises
We use our phones in a variety of ways, but the principal functionality has changed over the years. The majority of UK smartphone owners use their phones mainly for web searching and checking emails and messages. Roughly half of UK smartphone users visit social networks on their phones at least once a week.
Roughly 95% of all UK homes in the UK own at least one mobile phone - this has remained the case since 2015. In contrast, between 2000 and 2001, less than 50% of UK households reported owning a mobile phone.
Not everyone owns a smartphone, but the ratios are gradually moving in favour of the multifunctional smart device. Almost 80% of mobile phone users owned a smartphone in 2018 - that's up by nearly 30% from the beginning of the 2010s.
The smartphone war between Apple's iOS platform and Google's Android persists; although Apple is the preferred brand, with the most significant market penetration. The iPhone XR, XS Max, and iPhone 8 claimed almost a quarter of sales in April 2019, taking 3 of the Top 5 positions.
Franchising Vs Independent
Banks and moneylenders favour franchises because the parent company has already proven its market viability. The parent company has demonstrated its sustainability, along with a record of profit and growth; offering a surer return on investment.
Independent companies, however, tend to struggle to reach their market when there’s so much competition from established parties. Almost half of all independents go bankrupt within three years.
A mobile phone franchise offers the opportunity for newcomers to the sector to thrive; with a comprehensive support and training package that helps you appeal to the right customers right from the get-go.
Mobile Phone Franchises
Explore our excellent range of mobile phone franchises, and get the nation communicating today.
Find your brand new start with Franchise Direct.