SlideShare una empresa de Scribd logo
1 de 8
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

Más contenido relacionado

La actualidad más candente

The Microfridge Case
The Microfridge CaseThe Microfridge Case
The Microfridge CaseKaran Jaidka
 
Culinarian cookware
Culinarian cookwareCulinarian cookware
Culinarian cookwareSindoor Naik
 
Mrs. fields cookies odc section c_group 9
Mrs. fields cookies odc section c_group 9Mrs. fields cookies odc section c_group 9
Mrs. fields cookies odc section c_group 9Karan Jaidka
 
Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010Sharon
 
Manzana insurance case study analysis.
Manzana insurance case study analysis.Manzana insurance case study analysis.
Manzana insurance case study analysis.Abanta Kumar Majumdar
 
Clique Pens - Case Study Solution by Kamal Allazov (Essay type)
Clique Pens - Case Study Solution by Kamal Allazov (Essay type)Clique Pens - Case Study Solution by Kamal Allazov (Essay type)
Clique Pens - Case Study Solution by Kamal Allazov (Essay type)Kamal Allazov (MSc.)
 
Apex corporation case study
Apex corporation case studyApex corporation case study
Apex corporation case studyUtkarsh Shivam
 
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 AnalysisNikhil Saraf
 
Supply Chain Performance: The Case of World Co. Ltd
Supply Chain Performance: The Case of World Co. LtdSupply Chain Performance: The Case of World Co. Ltd
Supply Chain Performance: The Case of World Co. Ltdaliyudhi_h
 
Donner case Operations Management
Donner case Operations ManagementDonner case Operations Management
Donner case Operations ManagementHarish B
 
D.Light Design Case Study Ananlysis
D.Light Design Case Study AnanlysisD.Light Design Case Study Ananlysis
D.Light Design Case Study AnanlysisCherry Malhotra
 
Wal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operationsWal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operationsAJAL A J
 
Dominion Motor Ltd
Dominion Motor LtdDominion Motor Ltd
Dominion Motor LtdArgha Ray
 

La actualidad más candente (20)

The Microfridge Case
The Microfridge CaseThe Microfridge Case
The Microfridge Case
 
Eureka Forbes Ltd (Euro Champs)
Eureka Forbes Ltd (Euro Champs)Eureka Forbes Ltd (Euro Champs)
Eureka Forbes Ltd (Euro Champs)
 
Culinarian cookware
Culinarian cookwareCulinarian cookware
Culinarian cookware
 
Mrs. fields cookies odc section c_group 9
Mrs. fields cookies odc section c_group 9Mrs. fields cookies odc section c_group 9
Mrs. fields cookies odc section c_group 9
 
Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010Cola Wars Continue: Coke and Pepsi in 2010
Cola Wars Continue: Coke and Pepsi in 2010
 
Sale soft inc
Sale soft incSale soft inc
Sale soft inc
 
INGERSOLL RAND-Harvard Case Study
INGERSOLL RAND-Harvard Case StudyINGERSOLL RAND-Harvard Case Study
INGERSOLL RAND-Harvard Case Study
 
Manzana insurance case study analysis.
Manzana insurance case study analysis.Manzana insurance case study analysis.
Manzana insurance case study analysis.
 
Clique Pens - Case Study Solution by Kamal Allazov (Essay type)
Clique Pens - Case Study Solution by Kamal Allazov (Essay type)Clique Pens - Case Study Solution by Kamal Allazov (Essay type)
Clique Pens - Case Study Solution by Kamal Allazov (Essay type)
 
Apex corporation case study
Apex corporation case studyApex corporation case study
Apex corporation case study
 
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
 
Evoe spring spa
Evoe spring spaEvoe spring spa
Evoe spring spa
 
Supply Chain Performance: The Case of World Co. Ltd
Supply Chain Performance: The Case of World Co. LtdSupply Chain Performance: The Case of World Co. Ltd
Supply Chain Performance: The Case of World Co. Ltd
 
Donner case Operations Management
Donner case Operations ManagementDonner case Operations Management
Donner case Operations Management
 
Clean edge razor case study
Clean edge razor case studyClean edge razor case study
Clean edge razor case study
 
Dakota product
Dakota productDakota product
Dakota product
 
D.Light Design Case Study Ananlysis
D.Light Design Case Study AnanlysisD.Light Design Case Study Ananlysis
D.Light Design Case Study Ananlysis
 
Wal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operationsWal-Mart Stores’ Discount operations
Wal-Mart Stores’ Discount operations
 
Hard Rock
Hard RockHard Rock
Hard Rock
 
Dominion Motor Ltd
Dominion Motor LtdDominion Motor Ltd
Dominion Motor Ltd
 

Similar a Eureka forbes ltd

SHRM Case Competition 2017
SHRM Case Competition 2017SHRM Case Competition 2017
SHRM Case Competition 2017Roxana Diaz
 
General proposal
General proposalGeneral proposal
General proposalJohn Maher
 
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 salesforce11111Srinivas Reddy Dwarampudi
 
sales force training.pptx
sales force training.pptxsales force training.pptx
sales force training.pptxsatishkumarla
 
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 ManagementErika 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 ConsultingWelch LLP
 
Staffing and organising
Staffing and organisingStaffing and organising
Staffing and organisingAtulSharma751
 
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 ForceForum 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 .pptxKeirHei
 
HRM. CH. 12.pdf
HRM. CH. 12.pdfHRM. CH. 12.pdf
HRM. CH. 12.pdfSejii1
 
Death of the salesman
Death of the salesmanDeath of the salesman
Death of the salesmanBMI
 
Sales Training, Compensation
Sales Training, CompensationSales Training, Compensation
Sales Training, CompensationInanc Alikilic
 

Similar a Eureka forbes ltd (20)

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
 
Personal selling
Personal sellingPersonal selling
Personal selling
 

Más de Santosh Garbham

Más de Santosh Garbham (14)

Group 7 sec d tata power submission
Group 7  sec d tata power submissionGroup 7  sec d tata power submission
Group 7 sec d tata power submission
 
India1
India1India1
India1
 
Group 7 sec d tata power submission
Group 7  sec d tata power submissionGroup 7  sec d tata power submission
Group 7 sec d tata power submission
 
Synopsis gs
Synopsis gsSynopsis gs
Synopsis gs
 
Sm assignment
Sm assignmentSm assignment
Sm assignment
 
Sm2 assignment
Sm2 assignmentSm2 assignment
Sm2 assignment
 
Sm assignment santosh
Sm assignment santoshSm assignment santosh
Sm assignment santosh
 
Changing landscape in csr
Changing landscape in csrChanging landscape in csr
Changing landscape in csr
 
Integrating adidas
Integrating adidasIntegrating adidas
Integrating adidas
 
West Bengal Economic analysis
West Bengal Economic analysisWest Bengal Economic analysis
West Bengal Economic analysis
 
Group 8
Group 8Group 8
Group 8
 
Optical distortion
Optical distortionOptical distortion
Optical distortion
 
Organization design - Fashion or fit
Organization design - Fashion or fitOrganization design - Fashion or fit
Organization design - Fashion or fit
 
Disruptive innovation for social change
Disruptive innovation for social changeDisruptive innovation for social change
Disruptive innovation for social change
 

Último

Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 

Último (20)

Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 

Eureka forbes ltd

  • 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