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TERM PAPER
MGT-634
Submitted by Guided by
CHANDAN KUMAR MIS JASPREET KAUR
Section-T-1902
CONTENT Page no
Acknowledgement……………………………
03
Objective of the
study………………………...03
Introduction of the Eureka Forbes.…………..04
Introduction of Sales Promotion……………05
Suggestion……………………………………
13
Conclusion…………………………………...14
Bibliography…………………………………14
3
ACKNOWLEDGEMENT
I provide full justice to this term paper which is prepared by visiting
various web-sites, magazines, articles etc.
Type Public
Industry water purifiers, vacuum cleaners
Headquarters Mumbai, Maharashtra, India
Key people Suresh Goklaney (Chairman & MD)
Product Aquaguard
Employees 6000
Founded 1982
Parent Forbes & Company Ltd.
Website Official Website
It dates back to 1982, when health ambassadors from Eureka Forbes, with a new
concept of living in a clean environment and drinking water in its purest form
knocked on your door. They called themselves friends for life and they proved that
they indeed were. Eureka Forbes continues to be the best friend in Indian
Households even after two decades and the sentiments have not changed.
Eureka Forbes is a part of the Shapoorji Pallonji Group and today it is a 12 billion
INR, multi product and multi channel corporation. Incepted in 1982, we have put
28 years of consolidated efforts to become the undisputed leaders in domestic and
industrial Water Purification Systems, Vacuum Cleaners, Air Purifiers & Security
Solutions. Being Asia’s largest direct sales organization, our force of 7000 direct
personnel touches 1.5 million homes. We have one of the largest networks catering
to more than 131 cities and 398 towns across the country. We also have a 10,000
strong dealer sales network and over 58 distributor strong Industrial Sales
Network.
Our efforts have borne us fruits in the form of the
numerous awards that we have received from time
to time:
Winner of 6 prestigious UNESCO Water Digest Awards 2009-10.
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Winner of the Frost & Sullivan Award for the Best Company from the
domestic point of use, Water treatment systems and Customer Service Leadership
Award.
We have been ranked amongst India's Most Admired Consumer Durable
Companies.
Awarded Best Employers 4 times in a row.
Winner of 'Most Admired Knowledge Enterprise' MAKE- Asia Awards.
Holds the distinction of presenting a case study at the prestigious Harvard
Business School
Aqua Guard is the most trusted brand all over India .Aqua Guard water purifier chosen as ‘super
brand’. Eureka Forbes is pioneer in Home water purifiers, RO water purifiers, UV water purifiers
in India. They are specialist in 5 water technologies addressing 17 diverse water conditions and
are the World's largest manufacturer of Ultraviolet (UV) based water purification system.
1.
The most important appliance in your kitchen is the water purifier. Regular filters are not enough
to kill the bacteria present in water supplied to most Indian homes. The finance minister has
promised clean, drinking water to one and all by making water purifiers cheaper than what they
used to be. With affordable water purifiers available, pure clean drinking water will no longer be
a luxury. Time, we thought, you tried this test to check out how well equipped you are in your
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knowledge of water purifiers.
2. There are many companies who have introduced Reverse Osmosis technology based Water
Purifier's in market. Here, they have some selected models for keeping you fit and fine
This water purifier has 4 purification stages like- Pre-filter purification, Pre-carbon filter,
Sediment filter purification and Reverse Osmosis technology. Reverse Osmosis separate
remove dissolved salts, heavy metals, chemicals, micro-organism and other impurities to drain.
Auto Flust Timer (AFT) eliminates the need of manual cleaning of water purifier. This model is
sleek and aesthetically designed. It comes with a 15 litres of storage capacity and is available in
2 different colours.
Price - Rs 24,000
3.
AQUAGUARD ULTRA
An equivalent product to Pureit exists from Eureka Forbes as well - Aquaguard Ultra. It
uses an ultrafiltration membrane to purify water. The product claims to be capable of
removing impurities even in the molecular range.
Just like Pureit, Ultra does not require electricity to function. It has a four stage
purification:
The price of this product as mentioned on the website is 7350 rupees. What needs to be
replaced and how much
5.
6.
9
7.
Rs:- 9,500
This product of eureka forbes is named total gold nova it has three stages of water
purification.with a solid fiber body and direct water flow system. And it also with a warranty of
one year.
8.
10
Rs:- 7,190
This product of eurekaforbes named classic this is the first model of aquaguard with three
stages of water purification and a metal and abs plastic body which really compatiable with
water and it also have one year of warantty
This is a very effective sales promotion tool. Under this method product itself or its
photograph is displayed in the shop points or purchase displays established a link
between the product advertised and the product displayed. These displays are
presented in a very suggestive and attractive manner. They tell the customers about the
product and its possible uses.
Under this method individually typed letters, post cards leaflets, booklets catalogues,
chart, research building calendars are sent to potential customers through mail it is a
person to person method of promotion. It is always aimed at target customers. Detailed
description of the product its uses time of manufacture can be obtained from the
subject matter or direct promotion techniques.
Merchandising aids are given to induce business buyers to purchase goods in large
quantities. Manufacturers impart free training to business buyers on such matters as
store layout. They also do all advertising for the business buyers. These devices help a
manufacturer in obtaining the patronage of buyers.
(IV) Premiums
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Sometimes a customer is given a product free or at a nominal price to induce him to buy
some other products. Such gifts or commission are known as premium. Premiums are
generally given in the case of consumer durable of high unit value, because such items
are not frequently purchased by the customers.
Samples & free gifts are also given to the customers to introduce a new product or to
increase the sales of an existing product. The main objective is to create consumer
awareness and develop brand preference.
Another effective sales promotion tool is the actual demonstration of the product.
Representatives of manufacturers go from shop to shop and house to house to
demonstrate the uses of the product to middlemen and ultimate consumers.
Contests are also organised for the purpose of increasing consumer awareness of a
product Rewards are given to winners.
(III) It gives direct inducement to take immediate action now rather than later.
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(IV) It has flexibility and can be used at any stage of a new product introduction. Sales
promotion are very effective.
(c) When we want to increase the number of retail stores to sell our
products.
(II) Sales promotions are only supplement, devices to supplement selling efforts
of over promotion tools.
(III) They are not recurring in their use. They have seldom reuse values
(IV) Too many sales promotion may affect adversely the brand image, suggesting its
lack of popularity or overstocking by a company
(V) Advertising agencies accord law status to sales promotion and usually employ
junior staff for sales promotion to that they may be trained for more creative
jobs. Sales promotions are ineffective:
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(b) Dealer Sales Promotion : Activities to increase the interest and enthusiasm of
dealers and distributors.
Outcome 3: Your message stimulates the recipients and they take action.
The question is how do you achieve these outcomes with your campaign? The
process is easy, but it takes "planning" time.
Here are seven steps that will get your campaign off to the right start.
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Instructions
2 Research past successful sales and document what customers bought. Organize
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3 Define the type of promotion to create. Calculate how much of each item needs
to be sold to meet quota so you'll know how much inventory to order. Select a
theme and define the time line.
5 Keep the promotion simple. An elaborate program pushing too many products
overwhelms many consumers. Focus on a few key sales rather than aisles so full,
customers have to negotiate just to move around. Seasoned promoters incorporate
purchasing incentives such as samples, gifts, rebates, coupons, contests and
sweepstakes to encourage sales, according to the Bureau of Labor Statistics. Select
one or two inducements to design the campaign around.
8 Promote and advertise. Calculate the advertising budget. Balance it with the sales
quota. A promotion costing twice as much to advertise than the sales it produces is
a disaster. Price shop newspaper, radio and local cable television ads to devise a
well-rounded, yet cost-effective campaign.
Almost every Company uses Sales Promotion techniques at some stage of the
product life cycle since sales promotion techniques provide a strong incentive
to BUY!
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Consumer oriented
Retailer oriented
We know that if a company wants to design a sales campaign then the company
considers all these things. Firstly we talk about Customer Sales Promotion
Suggestion.
Conclusion.
Bibliography.
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www.wikkipedia.com
www.uraka.com
www.scribd.com