2. About Eureka Forbes
• Eureka Forbes, part of the Shapoorji Pallonji
Group.
• EFL was started in 1982 as a joint venture between
the Forbes (India) group and Electrolux of Sweden.
• Business under Mr. Suresh Goklaney’s leadership.
• Being Asia’s largest direct sales organization it is a
12 billion INR, multi product and multi channel
corporation.
2
3. Euro Champs
While recruiting, EFL Targeted
young men in early 20's from middle
class
Extroverted, enthusiastic,
outgoing and effective
communication skills
Financially needy made them
driven and young age made them
enthusiastic
4. Euro Champs
Recruited from second-tier colleges through
recruitment sessions
Second tier college students may not have any better
placement offers and would take up offer
Through Friend-Get-A-Friend
A current Euro Champ knows the qualities needed
and would be able to recommend friends with the
qualities
5. Educating
Customers
Maintaining
Prospecting Relationship
s
Euro
After Champ Monitoring
Sales Tasks Competitio
Service n
Installation
and Gathering
Demonstrat Feedback
ion
6. How Euro champs are Motivated
Image makeover : Social Service
Own your own bike
Focus shifted to quality rather then quantity of sales
EFL established centralized training and recruitment
center
Recommendation –
Success stories of Euro Champs portrayed on billboards
& Euro champ magazines
Introduce psycho-therapist services for Euro Champs
Gym or swimming pool etc for relaxation
7. Dealing with sophisticated customers
Recommendations:
Hire management professionals as team
leaders for providing assistance to Euro
Champs for closing sales.
Send E-Catalogs on hand held devices or Email
Id’s.
Flexible appointment timings for high end
customers.
8. Marketing Mix : Product
Product Levels :
Core Benefit – Pure Water
Basic Product – Water Purifier
Expected Product – Water storage facility
Augmented Product – EMI Schemes
Potential Product – Inbuilt Water cooling and heating
system (Recommended)
9. Marketing Mix : Price
Price range
• Water Purifiers: Rs.1,990 to 18,990/-
• Air Purifiers: Rs. 4,600 to 19,990/-
• Vacuum Cleaners: Rs. 800 to 25,000/-
Pricing Strategies:
Market Skimming - Gradual decrease in price
Value Pricing – Strong brand with lower price
11. Marketing Mix : Promotion
TV advertising
Magazine
Newspaper advertising
Placing adds and promotions online
Eureka Forbes Institute of Environment
Promotion through CSR activities
– Installation of Water Purifiers when Mumbai was submerged
– Water Purifiers installations during Tsunami
Recommended:
Health awareness programs in schools
Developing gaming apps for mobiles and pods
12. Brand Management
Eureka Forbes.avi
Portraying Aqua Guard synonymous to water
purifier
Friend for life
Friend to society (CSR )
Friend of environment(Euro Rainwater
Harvesting Program)
Pani ka Doctor
13. Levels of Brand
Attributes
– Durable Product
– Technologically advanced (RO, UV technologies, Euro-
clean Launches “Robocleanz”)
Benefits
– Functional (Long lasting)
– Emotional (Health benefits)
Values
- High performance
- Friend to Society
14. Competitor analysis
Industry Point of View:
Pureit (HUL)
KenStar Water Purifier
Whirlpool Water Purifiers
Luminous Water Purifiers
Market Point of View:
Boiled Water
Packed Water Bottle
Earthen pots
15. Product Extension
• Related Diversification
– Water Purifier
– Packaged drinking water
– Air Purifier
– Vacuum Cleaner
• Unrelated Diversification
– “EuroDiya”
– Eurovigil
17. Product life Cycle – Vacuum Cleaners
• In 2010, the penetration of vacuum cleaners reached only
1% in India that means its product life cycle is neither in
declining stage nor in maturity stage. It is in the emerging
stage and has huge potential for growth
• Vacuum cleaners is not considered an essential type of
consumer appliance in the majority of Indian households.
• In 2010, retail volume sales increased by 11% to reach
364,000 units.
• Eureka Forbes dominates vacuum cleaners market with a
72% share of retail volume sales in 2010.
• The company offers a wide range of products through its
distribution network of 7,000 direct sales staff.
18. Recommended positioning of vacuum
cleaners
• Dusting, sweeping and swabbing are the most commonly
adopted methods to keep one's house clean. But does
visible cleanliness alone ensure a hygienic place?
• Did you know that the bed where you and your child sleeps
and the woolen blankets have millions of germs?
• These air borne germs harmfully affects almost each and
every member of the household.
• What is the possible way out?
• VACUUM CLEANING... Complete, healthy, hygienic!!! The
only efficient, convenient, time-saving way to thorough
deep cleaning.
Editor's Notes
joy
joy
joy
Manisha/Monika
Manisha/Monika
Manisha/Monika
Gaurav
Gaurav
Gaurav
Gaurav
Raj
raj
Raj
Monika/Manisha
Sachin
Sachin -which offers manufacturers strong growth opportunities. Thus, companies are likely to look to explore this untapped small appliance category. Over the forecast period, sales of vacuum market are projected to grow by an 8% retail volume CAGR.