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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
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
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
Educating
              Customers
                          Maintaining
Prospecting               Relationship
                                s
                Euro
 After         Champ         Monitoring
 Sales          Tasks        Competitio
Service                         n
      Installation
          and        Gathering
      Demonstrat     Feedback
          ion
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
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.
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)
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
Marketing Mix : Place

Door to door selling ( 0 level )
Interactive website ( 0 level )
Multi-Branded consumer durable retail
 showrooms- Eureka Forbes ‘Home Store’
Industrial/ Corporate Selling
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
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
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
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
Product Extension
• Related Diversification
  – Water Purifier
  – Packaged drinking water
  – Air Purifier
  – Vacuum Cleaner
• Unrelated Diversification
  – “EuroDiya”
  – Eurovigil
Product Life Cycle

Sales
                                        Saturation
                         Maturity


                                                Decline



              Growth

               Launch /
               Introduction




        R&D                         Time line
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.
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.
Eureka fobes ppt

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Eureka fobes ppt

  • 1.
  • 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
  • 10. Marketing Mix : Place Door to door selling ( 0 level ) Interactive website ( 0 level ) Multi-Branded consumer durable retail showrooms- Eureka Forbes ‘Home Store’ Industrial/ Corporate Selling
  • 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
  • 16. Product Life Cycle Sales Saturation Maturity Decline Growth Launch / Introduction R&D Time line
  • 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

  1. joy
  2. joy
  3. joy
  4. Manisha/Monika
  5. Manisha/Monika
  6. Manisha/Monika
  7. Gaurav
  8. Gaurav
  9. Gaurav
  10. Gaurav
  11. Raj
  12. raj
  13. Raj
  14. Monika/Manisha
  15. Sachin
  16. 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.
  17. Sachin - No, not at all!!!