eureka forbes the direct marketing pioneer
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ICMR Case,"Sales and Distribution management"TRANSCRIPT
IBS Hyderabad
EUREKA FORBES – THE DIRECT MARKETING PIONEER
The History of Eureka ForbesThe History of Eureka Forbes
• 1909- Fred War dell launched vacuum cleaners under
brand name of eureka
• Followed direct marketing
• Market leader in vacuum cleaner industry
• 1915- received the ‘Grand Prize’
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History Cont…History Cont…
• 1945- diversified in new manufacturing businesses
• 1960- merged with ‘National Union Electric’
• 1974- Electrolux purchased ‘Eureka Williams’
• 1983- manufacturing plant opened in El Paso
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History Cont….History Cont….
• 1981- Eureka brand came in India through Eureka Forbes, joint venture with FGL
• Began operations in Delhi
• 1982- launched ‘Euroclean’
• Mid 1990s company diversified
• 1995- launched ‘Tornado’ and ‘Aquaflo’
• 1997- electronic security solution ‘Eurovigil’
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• Forbes followed the globally “tried and tested” direct
selling strategy –popular in India
• Awareness about the product in the Indian market
before it sold Eureka as a brand
• Sales personnel were highly motivated and targeted the
right people
• Continuous innovations in the basic product motivated
the customers to buyIBS Hyderabad
• Sales people were trained to be customer friendly
• Demonstration of the product at the customer’s place
• Due to the attractive product features, design and layout,
it had huge demand
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SERVICE SERVICE
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Retail Marketing Retail Marketing
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Change of Advertising StrategyChange of Advertising Strategy
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Providing Environmental Care and Rationale Behind that
Providing Environmental Care and Rationale Behind that
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Without Electrolux ????Without Electrolux ????
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Eureka Forbes: Customer Centric Approach
Eureka Forbes: Customer Centric Approach
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Eurochamp
AquaguardAquasureInfinite Water solutions
EurovalueEuro helpline
Customized Water SolutionsCustomized Water Solutions
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OpportunitiesOpportunities
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Threats ??Threats ??
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New Entrants :Philips WhirlpoolHUL
Eureka Forbes :Quality after sales services
Eureka Forbes :Quality after sales services
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THANK YOU
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