SlideShare a Scribd company logo
Eureka Forbes Ltd: Managing the
Selling Effort
Submitted by Group 4
Chandrachuda Sharma Y – 12P194
Chirag Sachdeva – 12P195
Abhro Gupta – 12P200
Santosh Garbham – 12P229
Venkatesh Vasudev Vellur – 12P238
Problems
• Issues with Eurochamps
– Eurochamps missing an easy sale
– Missing simple cues
– Unclean and damaged demo equipment
– Responding to customer objections is neglected in training
• Possible Reasons:
– Improper training from seasoned reps and team leads
– This can be due to stringent targets/ lack of time to senior reps
– Senior reps have no incentive to train new reps who would encroach
on their targets subsequently
Task Avg time Target
Time per
call
Demos and
selling 18060/month
1 hour 30
mins
15/week
2/day
customer
contacts 12050/day
<2.4mins/c
all
Problems
• Territory conflicts between seniors and juniors
• Possible Reason:
– Saturation in territories
– Reduced growth opportunities within the organization
• High attrition rate
Size Attrition %ge
Time
0 180
0-6 months 60 66.67
7-12months 37 79.44
13-24 months 32 82.22
Possible reasons:
•Data is inadequate to comment on how much of it is due to natural sieving process
and how much is avoidable
•Due to inadequate support from senior reps
•Saturated territories to meet minimum targets like 40 sales per six months
Steps taken by Eureka Forbes
• New system “Bettering the best” was introduced
• Compensation is dependent on successful completion of various stages of selling
• Objectives:
• Improving productivity
• Increasing daily demos
• Enhancing Customer engagement time
• Providing a diagnostic tool for HCRC
Problems:
• Time taken to fill activity report
• 2-3 hours of extra paper work
• Computer training
Pros:
• Better training
• Better understanding of components of
sales
• Boosted morale
New system
Activity
New
Target
Time
allocated
Time per
call remark points
equivalent
units
Active Door Knock 30 120 4fine 5 600
Appointment for the
day 5 120 24too less time 10 300
GAS 1 30 100
Service Request 2
This is not in the
salesman's hands 10 300
Demos 3 180 60
this would be
insufficient 100 30
Sale: Standard 1 300 10
Sale: High end
product 600 5
Reference 1 50 60
FGF 3000 1
Meetings 1 200 15
Commercial
Appointment (w/a
business entity) 1 100 30
Analysis
• The new system gives proportionate weight to various components
of sales
• Territory wise targets should be set for each component as each
territory is different
• Time to be dedicated for each component should be considered
and some changes should be made as commented in the above
table.
– Some time component of seasoned reps and leads should be
dedicated for training
• Seasoned reps and team leaders should get points for every new
rep under him who stays beyond six months
• Salesmen would start increasing their points by performing easier
activities more like cold calling
– So, beyond points, ratios like call conversion etc should also be
analyzed territory wise and weights should be adjusted accordingly.
Analysis contd….
• There is a high chance that these points would be inflated.
– So, a strong code of conduct should be in place to prevent malpractices
• A feedback system for seasonal reps and team leads should be
there to ensure the quality of training to Eurochamps (i.e. a bottom
– up feedback system)
• Maintenance of customer database is inculcated in the new system
– this would help EFL maintain relation with customers easily even after the
reps leave EFL
– Help understand the potential and other demographics in each territory
• OYBC scheme has a very low attrition rate. So, possible reasons
should be explored if it enhances salesforce effectiveness
Thank You

More Related Content

Similar to Eureka forbes

Sales Force Training at Arrow Electronics - Case Analysis
Sales Force Training at Arrow Electronics - Case AnalysisSales Force Training at Arrow Electronics - Case Analysis
Sales Force Training at Arrow Electronics - Case Analysis
Nikhil Saraf
 
SHRM Case Competition 2017
SHRM Case Competition 2017SHRM Case Competition 2017
SHRM Case Competition 2017
Roxana Diaz
 
General proposal
General proposalGeneral proposal
General proposal
John Maher
 
Tqm notes
Tqm notesTqm notes
Tqm notes
R PANNEER
 
Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...
Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...
Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...
ISBR Business School
 
Ch5 organizing and staffing the salesforce11111
Ch5 organizing and staffing the salesforce11111Ch5 organizing and staffing the salesforce11111
Ch5 organizing and staffing the salesforce11111
Srinivas Reddy Dwarampudi
 
Business unit 2
Business unit 2Business unit 2
Business unit 2
Laura Powell
 
sales force training.pptx
sales force training.pptxsales force training.pptx
sales force training.pptx
satishkumarla
 
CallidusCloud Webinar: 5 Steps to Better Sales Performance Management
CallidusCloud Webinar: 5 Steps to Better Sales Performance ManagementCallidusCloud Webinar: 5 Steps to Better Sales Performance Management
CallidusCloud Webinar: 5 Steps to Better Sales Performance Management
Erika Alexander
 
How to Shift Your Company into High Gear! - WelchGroup Consulting
How to Shift Your Company into High Gear! - WelchGroup ConsultingHow to Shift Your Company into High Gear! - WelchGroup Consulting
How to Shift Your Company into High Gear! - WelchGroup Consulting
Welch LLP
 
Staffing and organising
Staffing and organisingStaffing and organising
Staffing and organising
AtulSharma751
 
Building a Winning Sales Management Team: The Force Behind the Force
Building a Winning Sales Management Team: The Force Behind the ForceBuilding a Winning Sales Management Team: The Force Behind the Force
Building a Winning Sales Management Team: The Force Behind the Force
Forum Corporation
 
What is outsourcing and how can it help your business?
What is outsourcing and how can it help your business?What is outsourcing and how can it help your business?
What is outsourcing and how can it help your business?
Face for Business
 
Building a SaaS Startup | Fernando Okumura | Lunch & Learn
Building a SaaS Startup | Fernando Okumura | Lunch & Learn Building a SaaS Startup | Fernando Okumura | Lunch & Learn
Building a SaaS Startup | Fernando Okumura | Lunch & Learn
UCICove
 
2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...
2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...
2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...
Brad Harmon, CLP
 
Chapter-V .pptx
Chapter-V .pptxChapter-V .pptx
Chapter-V .pptx
KeirHei
 
HRM. CH. 12.pdf
HRM. CH. 12.pdfHRM. CH. 12.pdf
HRM. CH. 12.pdf
Sejii1
 
Death of the salesman
Death of the salesmanDeath of the salesman
Death of the salesman
BMI
 
finalproject
finalprojectfinalproject
finalproject
Jordan Atwater
 
Sales Training, Compensation
Sales Training, CompensationSales Training, Compensation
Sales Training, Compensation
Inanc Alikilic
 

Similar to Eureka forbes (20)

Sales Force Training at Arrow Electronics - Case Analysis
Sales Force Training at Arrow Electronics - Case AnalysisSales Force Training at Arrow Electronics - Case Analysis
Sales Force Training at Arrow Electronics - Case Analysis
 
SHRM Case Competition 2017
SHRM Case Competition 2017SHRM Case Competition 2017
SHRM Case Competition 2017
 
General proposal
General proposalGeneral proposal
General proposal
 
Tqm notes
Tqm notesTqm notes
Tqm notes
 
Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...
Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...
Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...
 
Ch5 organizing and staffing the salesforce11111
Ch5 organizing and staffing the salesforce11111Ch5 organizing and staffing the salesforce11111
Ch5 organizing and staffing the salesforce11111
 
Business unit 2
Business unit 2Business unit 2
Business unit 2
 
sales force training.pptx
sales force training.pptxsales force training.pptx
sales force training.pptx
 
CallidusCloud Webinar: 5 Steps to Better Sales Performance Management
CallidusCloud Webinar: 5 Steps to Better Sales Performance ManagementCallidusCloud Webinar: 5 Steps to Better Sales Performance Management
CallidusCloud Webinar: 5 Steps to Better Sales Performance Management
 
How to Shift Your Company into High Gear! - WelchGroup Consulting
How to Shift Your Company into High Gear! - WelchGroup ConsultingHow to Shift Your Company into High Gear! - WelchGroup Consulting
How to Shift Your Company into High Gear! - WelchGroup Consulting
 
Staffing and organising
Staffing and organisingStaffing and organising
Staffing and organising
 
Building a Winning Sales Management Team: The Force Behind the Force
Building a Winning Sales Management Team: The Force Behind the ForceBuilding a Winning Sales Management Team: The Force Behind the Force
Building a Winning Sales Management Team: The Force Behind the Force
 
What is outsourcing and how can it help your business?
What is outsourcing and how can it help your business?What is outsourcing and how can it help your business?
What is outsourcing and how can it help your business?
 
Building a SaaS Startup | Fernando Okumura | Lunch & Learn
Building a SaaS Startup | Fernando Okumura | Lunch & Learn Building a SaaS Startup | Fernando Okumura | Lunch & Learn
Building a SaaS Startup | Fernando Okumura | Lunch & Learn
 
2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...
2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...
2014 Hiring & Training The Strongest Originators [B. Harmon & S. Wheeler San ...
 
Chapter-V .pptx
Chapter-V .pptxChapter-V .pptx
Chapter-V .pptx
 
HRM. CH. 12.pdf
HRM. CH. 12.pdfHRM. CH. 12.pdf
HRM. CH. 12.pdf
 
Death of the salesman
Death of the salesmanDeath of the salesman
Death of the salesman
 
finalproject
finalprojectfinalproject
finalproject
 
Sales Training, Compensation
Sales Training, CompensationSales Training, Compensation
Sales Training, Compensation
 

Recently uploaded

Switching Careers Slides - JoyceMSullivan SocMediaFin - 2024Jun11.pdf
Switching Careers Slides - JoyceMSullivan SocMediaFin -  2024Jun11.pdfSwitching Careers Slides - JoyceMSullivan SocMediaFin -  2024Jun11.pdf
Switching Careers Slides - JoyceMSullivan SocMediaFin - 2024Jun11.pdf
SocMediaFin - Joyce Sullivan
 
官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样
官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样
官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样
2zjra9bn
 
IT Career Hacks Navigate the Tech Jungle with a Roadmap
IT Career Hacks Navigate the Tech Jungle with a RoadmapIT Career Hacks Navigate the Tech Jungle with a Roadmap
IT Career Hacks Navigate the Tech Jungle with a Roadmap
Base Camp
 
在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样
在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样
在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样
2zjra9bn
 
How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?
How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?
How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?
NWEXAM
 
labb123456789123456789123456789123456789
labb123456789123456789123456789123456789labb123456789123456789123456789123456789
labb123456789123456789123456789123456789
Ghh
 
Leadership Ambassador club Adventist module
Leadership Ambassador club Adventist moduleLeadership Ambassador club Adventist module
Leadership Ambassador club Adventist module
kakomaeric00
 
Leave-rules.ppt CCS leave rules 1972 for central govt employees
Leave-rules.ppt CCS leave rules 1972 for central govt employeesLeave-rules.ppt CCS leave rules 1972 for central govt employees
Leave-rules.ppt CCS leave rules 1972 for central govt employees
Sreenivas702647
 
lab.123456789123456789123456789123456789
lab.123456789123456789123456789123456789lab.123456789123456789123456789123456789
lab.123456789123456789123456789123456789
Ghh
 
Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...
Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...
Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...
dsnow9802
 
Status of Women in Pakistan.pptxStatus of Women in Pakistan.pptx
Status of Women in Pakistan.pptxStatus of Women in Pakistan.pptxStatus of Women in Pakistan.pptxStatus of Women in Pakistan.pptx
Status of Women in Pakistan.pptxStatus of Women in Pakistan.pptx
MuhammadWaqasBaloch1
 
Tape Measure Training & Practice Assessments.pdf
Tape Measure Training & Practice Assessments.pdfTape Measure Training & Practice Assessments.pdf
Tape Measure Training & Practice Assessments.pdf
KateRobinson68
 
Gabrielle M. A. Sinaga Portfolio, Film Student (2024)
Gabrielle M. A. Sinaga Portfolio, Film Student (2024)Gabrielle M. A. Sinaga Portfolio, Film Student (2024)
Gabrielle M. A. Sinaga Portfolio, Film Student (2024)
GabrielleSinaga
 
Job Finding Apps Everything You Need to Know in 2024
Job Finding Apps Everything You Need to Know in 2024Job Finding Apps Everything You Need to Know in 2024
Job Finding Apps Everything You Need to Know in 2024
SnapJob
 
A Guide to a Winning Interview June 2024
A Guide to a Winning Interview June 2024A Guide to a Winning Interview June 2024
A Guide to a Winning Interview June 2024
Bruce Bennett
 
0624.speakingengagementsandteaching-01.pdf
0624.speakingengagementsandteaching-01.pdf0624.speakingengagementsandteaching-01.pdf
0624.speakingengagementsandteaching-01.pdf
Thomas GIRARD BDes
 
thyroid case presentation.pptx Kamala's Lakshaman palatial
thyroid case presentation.pptx Kamala's Lakshaman palatialthyroid case presentation.pptx Kamala's Lakshaman palatial
thyroid case presentation.pptx Kamala's Lakshaman palatial
Aditya Raghav
 
Resumes, Cover Letters, and Applying Online
Resumes, Cover Letters, and Applying OnlineResumes, Cover Letters, and Applying Online
Resumes, Cover Letters, and Applying Online
Bruce Bennett
 
一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理
一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理
一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理
taqyea
 
Learnings from Successful Jobs Searchers
Learnings from Successful Jobs SearchersLearnings from Successful Jobs Searchers
Learnings from Successful Jobs Searchers
Bruce Bennett
 

Recently uploaded (20)

Switching Careers Slides - JoyceMSullivan SocMediaFin - 2024Jun11.pdf
Switching Careers Slides - JoyceMSullivan SocMediaFin -  2024Jun11.pdfSwitching Careers Slides - JoyceMSullivan SocMediaFin -  2024Jun11.pdf
Switching Careers Slides - JoyceMSullivan SocMediaFin - 2024Jun11.pdf
 
官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样
官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样
官方认证美国旧金山州立大学毕业证学位证书案例原版一模一样
 
IT Career Hacks Navigate the Tech Jungle with a Roadmap
IT Career Hacks Navigate the Tech Jungle with a RoadmapIT Career Hacks Navigate the Tech Jungle with a Roadmap
IT Career Hacks Navigate the Tech Jungle with a Roadmap
 
在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样
在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样
在线制作加拿大萨省大学毕业证文凭证书实拍图原版一模一样
 
How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?
How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?
How to Prepare for Fortinet FCP_FAC_AD-6.5 Certification?
 
labb123456789123456789123456789123456789
labb123456789123456789123456789123456789labb123456789123456789123456789123456789
labb123456789123456789123456789123456789
 
Leadership Ambassador club Adventist module
Leadership Ambassador club Adventist moduleLeadership Ambassador club Adventist module
Leadership Ambassador club Adventist module
 
Leave-rules.ppt CCS leave rules 1972 for central govt employees
Leave-rules.ppt CCS leave rules 1972 for central govt employeesLeave-rules.ppt CCS leave rules 1972 for central govt employees
Leave-rules.ppt CCS leave rules 1972 for central govt employees
 
lab.123456789123456789123456789123456789
lab.123456789123456789123456789123456789lab.123456789123456789123456789123456789
lab.123456789123456789123456789123456789
 
Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...
Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...
Jill Pizzola's Tenure as Senior Talent Acquisition Partner at THOMSON REUTERS...
 
Status of Women in Pakistan.pptxStatus of Women in Pakistan.pptx
Status of Women in Pakistan.pptxStatus of Women in Pakistan.pptxStatus of Women in Pakistan.pptxStatus of Women in Pakistan.pptx
Status of Women in Pakistan.pptxStatus of Women in Pakistan.pptx
 
Tape Measure Training & Practice Assessments.pdf
Tape Measure Training & Practice Assessments.pdfTape Measure Training & Practice Assessments.pdf
Tape Measure Training & Practice Assessments.pdf
 
Gabrielle M. A. Sinaga Portfolio, Film Student (2024)
Gabrielle M. A. Sinaga Portfolio, Film Student (2024)Gabrielle M. A. Sinaga Portfolio, Film Student (2024)
Gabrielle M. A. Sinaga Portfolio, Film Student (2024)
 
Job Finding Apps Everything You Need to Know in 2024
Job Finding Apps Everything You Need to Know in 2024Job Finding Apps Everything You Need to Know in 2024
Job Finding Apps Everything You Need to Know in 2024
 
A Guide to a Winning Interview June 2024
A Guide to a Winning Interview June 2024A Guide to a Winning Interview June 2024
A Guide to a Winning Interview June 2024
 
0624.speakingengagementsandteaching-01.pdf
0624.speakingengagementsandteaching-01.pdf0624.speakingengagementsandteaching-01.pdf
0624.speakingengagementsandteaching-01.pdf
 
thyroid case presentation.pptx Kamala's Lakshaman palatial
thyroid case presentation.pptx Kamala's Lakshaman palatialthyroid case presentation.pptx Kamala's Lakshaman palatial
thyroid case presentation.pptx Kamala's Lakshaman palatial
 
Resumes, Cover Letters, and Applying Online
Resumes, Cover Letters, and Applying OnlineResumes, Cover Letters, and Applying Online
Resumes, Cover Letters, and Applying Online
 
一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理
一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理
一比一原版布拉德福德大学毕业证(bradford毕业证)如何办理
 
Learnings from Successful Jobs Searchers
Learnings from Successful Jobs SearchersLearnings from Successful Jobs Searchers
Learnings from Successful Jobs Searchers
 

Eureka forbes

  • 1. Eureka Forbes Ltd: Managing the Selling Effort Submitted by Group 4 Chandrachuda Sharma Y – 12P194 Chirag Sachdeva – 12P195 Abhro Gupta – 12P200 Santosh Garbham – 12P229 Venkatesh Vasudev Vellur – 12P238
  • 2. Problems • Issues with Eurochamps – Eurochamps missing an easy sale – Missing simple cues – Unclean and damaged demo equipment – Responding to customer objections is neglected in training • Possible Reasons: – Improper training from seasoned reps and team leads – This can be due to stringent targets/ lack of time to senior reps – Senior reps have no incentive to train new reps who would encroach on their targets subsequently Task Avg time Target Time per call Demos and selling 18060/month 1 hour 30 mins 15/week 2/day customer contacts 12050/day <2.4mins/c all
  • 3. Problems • Territory conflicts between seniors and juniors • Possible Reason: – Saturation in territories – Reduced growth opportunities within the organization • High attrition rate Size Attrition %ge Time 0 180 0-6 months 60 66.67 7-12months 37 79.44 13-24 months 32 82.22 Possible reasons: •Data is inadequate to comment on how much of it is due to natural sieving process and how much is avoidable •Due to inadequate support from senior reps •Saturated territories to meet minimum targets like 40 sales per six months
  • 4. Steps taken by Eureka Forbes • New system “Bettering the best” was introduced • Compensation is dependent on successful completion of various stages of selling • Objectives: • Improving productivity • Increasing daily demos • Enhancing Customer engagement time • Providing a diagnostic tool for HCRC Problems: • Time taken to fill activity report • 2-3 hours of extra paper work • Computer training Pros: • Better training • Better understanding of components of sales • Boosted morale
  • 5. New system Activity New Target Time allocated Time per call remark points equivalent units Active Door Knock 30 120 4fine 5 600 Appointment for the day 5 120 24too less time 10 300 GAS 1 30 100 Service Request 2 This is not in the salesman's hands 10 300 Demos 3 180 60 this would be insufficient 100 30 Sale: Standard 1 300 10 Sale: High end product 600 5 Reference 1 50 60 FGF 3000 1 Meetings 1 200 15 Commercial Appointment (w/a business entity) 1 100 30
  • 6. Analysis • The new system gives proportionate weight to various components of sales • Territory wise targets should be set for each component as each territory is different • Time to be dedicated for each component should be considered and some changes should be made as commented in the above table. – Some time component of seasoned reps and leads should be dedicated for training • Seasoned reps and team leaders should get points for every new rep under him who stays beyond six months • Salesmen would start increasing their points by performing easier activities more like cold calling – So, beyond points, ratios like call conversion etc should also be analyzed territory wise and weights should be adjusted accordingly.
  • 7. Analysis contd…. • There is a high chance that these points would be inflated. – So, a strong code of conduct should be in place to prevent malpractices • A feedback system for seasonal reps and team leads should be there to ensure the quality of training to Eurochamps (i.e. a bottom – up feedback system) • Maintenance of customer database is inculcated in the new system – this would help EFL maintain relation with customers easily even after the reps leave EFL – Help understand the potential and other demographics in each territory • OYBC scheme has a very low attrition rate. So, possible reasons should be explored if it enhances salesforce effectiveness