Service Revenue Manager
Bajaj Electricals Ltd
5 - 10 years
Mumbai
Posted: 21/02/2026
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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