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Service Revenue Manager

Bajaj Electricals Ltd

5 - 10 years

Mumbai

Posted: 21/02/2026

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Job Description

JOB ROLE: Service Revenue Manager

REPORTING TO : Head - Consumer Care

BU/ DIVISION: Consumer Care

JOB PURPOSE: Develop and manage revenue streams through service channel


KEY RESPONSIBILITIES

1. Revenue Growth & P&L Ownership

  • Own service revenue targets and profitability across regions / categories.
  • Drive YoY growth through service contracts, AMCs, spare parts, upgrades, and new service models.
  • Manage margins, cost structures, and productivity of service operations.

2. Business Development

  • Identify and onboard new service partners, enterprise clients, and strategic alliances.
  • Develop new monetization opportunities across installed base and lifecycle services.
  • Expand footprint in untapped markets and customer segments.

3. Service Attitude & Customer Experience

  • Build a strong service culture focused on responsiveness, reliability, and customer delight.
  • Improve NPS/CSAT through better processes, training, and engagement models.
  • Ensure consistent service delivery standards across all touchpoints.

4. Demand Forecasting & Planning

  • Forecast service demand using data from installed base, usage patterns, and market trends.
  • Align capacity, inventory, and manpower to demand plans.
  • Drive predictability in revenue and resource planning.

5. GTM (Go-To-Market) Strategy

  • Design and execute GTM strategy for all service offerings.
  • Define customer segments, value propositions, channels, and activation plans.
  • Partner with Sales, Marketing, and Operations for strong execution.

6. Pricing Mechanism & Monetization

  • Develop dynamic pricing models for service contracts, spares, and premium services.
  • Balance competitiveness with profitability.
  • Introduce innovative pricing bundles, subscriptions, and value-based pricing.

7. Execution Excellence

  • Drive operational rigor in service delivery, billing, collections, and reporting.
  • Track KPIs such as TAT, first-time fix rate, revenue per customer, and service productivity.
  • Ensure seamless coordination between field teams, partners, and back-end operations.

8. Market Research & New Service Offerings

  • Conduct market and customer research to identify unmet service needs.
  • Design and launch new service products / experiences.
  • Benchmark with industry best practices and competitors.

9. Change Management & Transformation

  • Lead transformation initiatives in service processes, systems, and mindset.
  • Drive adoption of digital tools, automation, and data-led decision making.

10. Stakeholder Management & Leadership

  • Work closely with Sales, Product, Finance, Supply Chain, and IT.
  • Present business reviews and strategic plans to leadership.


EDUCATIONAL QUALIFICATIONS: Graduate , MBA Preferred


WORK EXPERIENCE:

  • 15 Yrs in service marketing/business development
  • Preferable - category leading tenure of 5 years


PREFERRED/ ADDITIONAL REQUIREMENT

  • Product development
  • Digital marketing

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