sales eureka forbes

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  • 8/9/2019 Sales Eureka Forbes

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    The direct marketing pioneer

    Eureka Forbes

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    A major policy change

    *Focus more on retailing.*

    *Availability of the products in retail outletsthrough a network of 2600 dealers

    *

    Directsalespermits usto exploitonly the topend of themarket.:-SGoklaney(MD)

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    1999

    EEntering the bottledntering the bottledwater marketwater market

    Electroluxs decisionElectroluxs decision

    Analyst remarksAnalyst remarks

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    evolution

    *1913 Eureka launched six different models &offered add-ons for cleaning

    floors,walls,upholstery & crevices

    *

    *Due its growing popularity, it employed 5000salesmen & opened over 400 branches.

    *

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    Timeline

    *1915: Grand Prize San FranciscoInternational Exposition.

    *1929: no.1 vacuum cleaner company in theUS.

    *1945: it was renamed as Eureka-Williams

    *1974: Electrolux purchased Eureka-

    Williams & changed its name back toEureka.

    *

    *

    *

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    1981: Eureka Forbes comes to India, joint venture with

    FGL; Electrolux held 40% of the stake, the rest 60% washeld by FGL.

    1982: introduces Euroclean; establishes subsidiary to

    manufacture its products.

    1985: established its dealer sales division1986: industrial sales division

    1989: export division

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    Eureka Forbes in India

    Tried and tested strategy

    Establishing the concept

    The Eurochamps

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    *The company advertised through various mediasources ;target segment- housewives.

    *Introduced a sales force.

    *

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    Change of strategy dueto limited usage

    *Change of advertisement from friendlysalesman" theme to a maidservant using the

    vacuum cleaner*Consumer training drive

    *A registered increase in 20% sales volume

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    A relationship doesnot end with a sale.

    It actually begins.

    *24 hour -365 day virtual call center.

    *

    *Implementation of B2E exercises

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    service

    *Annual maintenance contract

    *

    *Mobile service van

    *

    *Water labs

    *

    *Exchange offers for the old customers

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    Environmental status

    *Spreading the awareness about the pollutionand its effects

    *

    *Associations with TV channels such as NDTVand star news for the weather bulletinforecast

    *

    *Free pollution control camps

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    Future Prospects

    *Diversified into bottled water

    *

    *As a result of entering into the retail business

    the company launched 'Tornado vacuumcleaners and Aquaflo water purifiers.

    *

    *Undisputed market leader

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    An everlasting story

    *FGL buyouts Eureka forbes from Electroluxfor Rs 317.7 million.

    *

    *Going Strong