Titan reduces franchisee incentives in order to increase jewellery earnings.
Titan has decided to lower the incentives granted to franchisees for Tanishq jewellery stores. This is to assist them increase and maintain their profit margins as competitors get more aggressive. Incentives for company-owned or COFO stores have been reduced by 50-60 basis points, while commissions for franchise-owned FOFO stores have been slashed by roughly 100 […]
Titan reduces franchisee incentives in order to increase jewellery earnings. Read More »