eureka forbes the direct marketing pioneer

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IBS Hyderabad EUREKA FORBES – THE DIRECT MARKETING PIONEER

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Page 1: Eureka Forbes the Direct Marketing Pioneer

IBS Hyderabad

EUREKA FORBES – THE DIRECT MARKETING PIONEER

Page 2: 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’

IBS Hyderabad

Page 3: Eureka Forbes the Direct Marketing Pioneer

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

IBS Hyderabad

Page 4: Eureka Forbes the Direct Marketing Pioneer

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’

IBS Hyderabad

Page 5: Eureka Forbes the Direct Marketing Pioneer

• 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

Page 6: Eureka Forbes the Direct Marketing Pioneer

• 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

IBS Hyderabad

Page 7: Eureka Forbes the Direct Marketing Pioneer

SERVICE SERVICE

IBS Hyderabad

Page 8: Eureka Forbes the Direct Marketing Pioneer

Retail Marketing Retail Marketing

IBS Hyderabad

Page 9: Eureka Forbes the Direct Marketing Pioneer

IBS Hyderabad

Page 10: Eureka Forbes the Direct Marketing Pioneer

Change of Advertising StrategyChange of Advertising Strategy

IBS Hyderabad

Page 11: Eureka Forbes the Direct Marketing Pioneer

Providing Environmental Care and Rationale Behind that

Providing Environmental Care and Rationale Behind that

IBS Hyderabad

Page 12: Eureka Forbes the Direct Marketing Pioneer

Without Electrolux ????Without Electrolux ????

IBS Hyderabad

Page 13: Eureka Forbes the Direct Marketing Pioneer

Eureka Forbes: Customer Centric Approach

Eureka Forbes: Customer Centric Approach

IBS Hyderabad

Eurochamp

AquaguardAquasureInfinite Water solutions

EurovalueEuro helpline

Page 14: Eureka Forbes the Direct Marketing Pioneer

Customized Water SolutionsCustomized Water Solutions

IBS Hyderabad

Page 15: Eureka Forbes the Direct Marketing Pioneer

OpportunitiesOpportunities

IBS Hyderabad

Page 16: Eureka Forbes the Direct Marketing Pioneer

Threats ??Threats ??

IBS Hyderabad

New Entrants :Philips WhirlpoolHUL

Page 17: Eureka Forbes the Direct Marketing Pioneer

Eureka Forbes :Quality after sales services

Eureka Forbes :Quality after sales services

IBS Hyderabad

Page 18: Eureka Forbes the Direct Marketing Pioneer

IBS Hyderabad

Page 19: Eureka Forbes the Direct Marketing Pioneer

IBS Hyderabad

Page 20: Eureka Forbes the Direct Marketing Pioneer

THANK YOU

IBS Hyderabad