Post on 17-Nov-2014
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Eureka ForbesThe Direct Marketing
Pioneer
History
• 1909, Detroit : Fred Wardell launched
vacuum cleaners under the name « Eureka
»
• Established itself as market leader in
Vacuum cleaner industry by adopting direct
marketing and personalized services
• Electrolux buys Eureka-Williams in 1974
• Comes to India in JV with FGL- named
Eureka Forbes
• Euroclean & Aquaguard
Journey in India
• Had to establish the concepts of Vacuum
cleaners and Water purifiers before selling.
• Core strength : Dynamic highly motivated
salesforce
EUROCHAMPS The friendly man from Eureka
Forbes
• Gained foothold after initial hiccups through
many sales and marketing strategies
Sales Management @
Eureka Forbes in India
Sales Objective •To provide an innovative product range through Direct Marketing•To make the people aware of health and hygiene
Nature and Role of Selling •Direct marketing through 5000 salesman and 400 branches
Image of Selling •“The Friendly man from Eureka Forbes”•Instilled more confidence and acceptability in consumers
Sales Organization @
The It Initiatives- the B2E strategy
Weekly sales reporting by salespersons
More efficient inventory management
Online ranking profiles of Salesmen
Efficient Sales Force Managemen
t
CRM @ Eureka Forbes
• Annual Maintenance Contract
• Operation Red Zone and Mobile
service for customers from
specific places
• Water labs
• Euroclean Home Contest
• 24 x 365 virtual call center
• Discounts to dedicated
customers
“ A relationship doesn’t end with sale. It actually
begins.”
Sales Functions and Policies @
Changing with time….
• Increase in consumer focus : Advertising
Strategies
• Consumer Training Drive
• Online Training sessions for new
salesforce
• Eureka Forbes Institute of Environment
• Television initiatives
• Pollution control camps
• Led to increase in customer base, sales
turnover and clientele
Personal Selling @
AIDAS Implementation by
Eureka Forbes• impending importance of vacuum
cleaners and water purifiers was stated with their degree of indispensability
Attention
•Eurochamps presentation delivery was tailor made to portray the major aspects of a product and its benefitsInterest
•Eurochamps dealt with the objections tactfully and clarified them
Desire
•Gracious acceptance and delivery of orders
Action
•Maximum Importance given to post-purchase relationship with the consumersSatisfaction
Personal Selling Approach
Prospecting
Pre-approach
Approach
Sales Presentation
Post Sales Follow up
Recommendations
SETTING UP ALTERNATIVE
AND NEW RETAIL
CHANNELS
AQUASURE
AUGMENTATION OF THE TARGET
MARKET
NEW MEANS OF MARKET
PENETRATION
Recommendations
VENTURING INTO INFINITE
SOLUTIONS
NEW TECHNIQUE OF REVERSE
OSMOSIS
TARGET MARKET EXTENDED TO
INSTITUTIONAL BUSINESS
EXPLORING POSSIBILITIES IN THE NANO TECHNOLOGY
SECTOR
Thank You