Starting Car Audio & Accessories Shop


Thread Starter #1
Joined
Oct 6, 2011
Messages
48
Likes
0
Location
Namakkal,Tamilnadu
Hello Guyz I am planning to start up a small to medium shop for car audio and accessories .

I am planning to do only the usual stuff

> Seat Covers,Floor mats, Sun film, Audio-video, Speakers, SUbwoofers, Amplifiers, Car care & Cleaning ,horns ,stickering(autographix) ,emblems, and other usual stuff goes on sale in a car shop.

Anybody in this business? Any idea how much i need to invest and where to buy (wholesalers or importers?)

Also Please give your personal experience or ideas for this business!
 
Last edited:

350Z

Core Team
Joined
Aug 10, 2009
Messages
18,683
Likes
6,609
Location
New Delhi
Anybody in this business? Any idea how much i need to invest and where to buy (wholesalers or importers?). Also Please give your personal experience or ideas for this business!
Congrats for the new venture. Accessories market is one of the flourishing sectors in the Indian automotive industry. This investment can be well worth it if the services are professional enough with no compromise on quality standards. Our forum member Ilango used to be in the same business earlier. I’m sure he can assist regarding the initial formalities. Please feel free to ask specific ideas or suggestions related to the business and I would be more than glad to help.

Drive Safe,
350Z
 
Thread Starter #3
Joined
Oct 6, 2011
Messages
48
Likes
0
Location
Namakkal,Tamilnadu
Thanks .I have seen Ilango's post often and will try to get his input . Yes I am looking for quality products. I will update the thread with the progress and needs .

Cheers
 
Joined
Aug 14, 2012
Messages
1
Likes
0
Location
Bangalore
Hello Guyz I am planning to start up a small to medium shop for car audio and accessories .

I am planning to do only the usual stuff

> Seat Covers,Floor mats, Sun film, Audio-video, Speakers, SUbwoofers, Amplifiers, Car care & Cleaning ,horns ,stickering(autographix) ,emblems, and other usual stuff goes on sale in a car shop.

Anybody in this business? Any idea how much i need to invest and where to buy (wholesalers or importers?)

Also Please give your personal experience or ideas for this business!
Congratulations, having your own business no matter how big or small it is is a matter or great pride. I would like to share with you a few articles on how you can finance your business and what are the questions that you need t ask yourself before setting shop. All the best!!

Questions to Answer Before Starting a New Venture | Intuit Small Business India

Ways to Finance Your Start-Up | Intuit Small Business India
 
Joined
Mar 9, 2013
Messages
1,623
Likes
94
Location
Trivandrum
Hi Folks,

I am also planning a specialist car audio shop in Trivandrum Kerala. Have shortlisted couple of places for opening the shop but some of them are very expensive with deposit itself goes to 15L for a 1000 sq feet commercial space.[cry]

Regards,
Sankar
 
Joined
Aug 2, 2013
Messages
440
Likes
217
Location
Pune
Hi digiboy007 and SankarNarayanan


Congrats its a really good venture and nice business with really nice margins

Some friends of mine in Pune are into this business and would like to share some experiences which I an aware of

* Audio-video, Speakers, SUbwoofers, Amplifiers
This is the electronic segment and price of these systems change on the daily basis as you are start up you will need to
settle on very less profit margins
Also there is a concept of grey market ( without bill ) and white market (with bill ) you will need to understand these markets

* Every user has a different requirement some are really crazy about systems and can spend thousands on these parts but most user requirements
are basic and should be pocket friendly so you should be able to provide them a solution that will fit in there budget ( this is very important and
help in mouth to mouth publicity and sure can get you alot of customers ).

* If possible try to get stock from dealers instead of wholesalers as you can get credit to pay them back, as your stock is sold.

* The man power required for this work should be really very skilled. Most customers that will come to you will be new car owners. As for
system fittings we need to touch the electrical of the car every body wants there beauty to be in safe hands.

* Be prepared to dirty your hands. In case of unavailability of labour you should be in a position to serve the customer.
 
Joined
Mar 9, 2013
Messages
1,623
Likes
94
Location
Trivandrum
Hi digiboy007 and SankarNarayanan


Congrats its a really good venture and nice business with really nice margins

Some friends of mine in Pune are into this business and would like to share some experiences which I an aware of

* Audio-video, Speakers, SUbwoofers, Amplifiers
This is the electronic segment and price of these systems change on the daily basis as you are start up you will need to
settle on very less profit margins
Also there is a concept of grey market ( without bill ) and white market (with bill ) you will need to understand these markets

* Every user has a different requirement some are really crazy about systems and can spend thousands on these parts but most user requirements
are basic and should be pocket friendly so you should be able to provide them a solution that will fit in there budget ( this is very important and
help in mouth to mouth publicity and sure can get you alot of customers ).

* If possible try to get stock from dealers instead of wholesalers as you can get credit to pay them back, as your stock is sold.

* The man power required for this work should be really very skilled. Most customers that will come to you will be new car owners. As for
system fittings we need to touch the electrical of the car every body wants there beauty to be in safe hands.

* Be prepared to dirty your hands. In case of unavailability of labour you should be in a position to serve the customer.
Thanks for your valuable inputs. My shop will be specialist ICE shop - basically a one stop shop for all your ICE needs. Later on i will add premium alloys and performance modifications to the of services my shop will give.

I won't be dealing with grey market products as it's very risky and i don't want to jeopardize customer satisfaction for some extra bucks. All products will be sourced through right channel with bill and warranty for customers. Yes i have already talked to couple of All India Distributors. Once i finalize my shop location i will pay the distributors a visit to sign a contract. The brands that i have in mind are

High End Products - Sundown Audio, Audison, Masconi, Gladen, DD Audio, Rainbow Audio, Kicker and Rockford Fosgate

Medium End offering - Infinity, Polk Audio, DLS Audio and Focal Audio

Wiring - Will be standard high end wires from Connection, Shok Industries, Rockford Fosgate and Kicker amplifier wiring kits

Damping sheets- Dynamat sheets, Focal damping sheets and Dampmat

Head Units:- Select Models from Pioneer, Alphine and JVC

I won't be dealing in SONY, BLAUPUNKT, KENWOOD or CASKA products.

Regards,
Sankar
 
Top Bottom