Venkata Suman Erugu, Category Head

Venkata Suman Erugu

Category Head

Classplus

Location
India - Bengaluru
Education
Master's degree, Business Administration
Experience
10 years, 0 Months

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Work Experience

Total years of experience :10 years, 0 Months

Category Head at Classplus
  • India
  • My current job since May 2022

• Led country-wide P&L (GMV & Revenue) of the Non-Academics category (team of 22)
• Significantly boosted category growth in 9 months: Impressive ~4X ARR (INR 36 to 140 Mn) alongside an outstanding ~3.5X Monthly GMV (INR 52 to 176 Mn)
• Led personalized campaigns & effective collaborations, resulting in a substantial customer base with an avg. acquisition rate of ~14K new users per month
• Pioneered the GTM strategy for the flagship product, "FanKonnect", resulting in an additional GMV of INR 64 Mn in the first quarter
• Demonstrated exceptional customer retention, achieving an 82% retention rate by addressing pain points, enhancing products, and fostering long-lasting relationships

Senior Category Manager at LetsTransport
  • India - Bengaluru
  • March 2020 to May 2022

Led countrywide P&L of Fuel, Personal Lending & Insurance category (team of 18)
Delivered a remarkable 30X growth - Fuel business monthly GMV (INR 3.2 to 104 Mn) in 18 months with an RoI of 33% on the working capital.
Conceptualized and established a new sub-category, “Personal Lending”, to address the working capital and other financial needs of 10K+ truck owners
Piloted asset-backed lending with 80+ truck owners in Hyderabad and subsequently replicated and expanded the business model across 4 other metropolitan cities
Conducted comprehensive market research on the trucking segment to understand & address pain points Improved NPS of truck drivers by 12 basis points in a year

Marketing Manager at SAINT-GOBAIN
  • United Arab Emirates
  • May 2017 to March 2020

• Led strategy, marketing & new initiatives of Performance Glass business (INR 4.5 Bn)
• Managed a budget of INR 90 Mn, leveraging strategic marketing campaigns to achieve a notable 4% increase in market share and 22% revenue growth
• Demonstrated strong product lifecycle management expertise, leading the successful launch & growth of 4 new products, generating additional revenue of INR 320 Mn
• Conducted comprehensive market research, providing insights and a clear plan of action for product development, pricing, packaging & branding for "Alkon" & "Zirkon" brands
• Employed blueprinting techniques to determine key pain points, leading to a successful upgrade of the Zirkon product & securing an additional 7% market share
• Successfully led the development and implementation of a GTM strategy, enabling a successful entry into the visicooler business segment
• Formulated an action plan to gain market share in fused cast refractories, helping the firm gain market share from 63% to 74%

Territory Sales Manager at Hero Motocorp
  • India
  • July 2012 to June 2015

• Managed the sales & spare parts business of coastal Karnataka (INR 1.2 Bn)
• Achieved an impressive growth of 107% & 112% across sales & spare parts business, respectively, in FY '14-15, and was awarded an outstanding rating (5/5)

Education

Master's degree, Business Administration
  • at Indian Institute Of Management Calcutta
  • March 2017
Bachelor's degree, Mechanical Engineering
  • at Indian Institute Of Technology
  • April 2012

Specialties & Skills

Performance Analysis
Strategic Planning
Campaign Management
Product Management
Brand Management
BLUEPRINTING
BRANDING
BUSINESS MODEL
REVENUE GROWTH
CUSTOMER RETENTION
MARKET RESEARCH
PRODUCT LIFECYCLE MANAGEMENT
PRODUCT LIFECYCLE
MANAGEMENT
LIFECYCLE MANAGEMENT

Social Profiles

Personal Website
Personal Website

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Languages

English
Expert
Telugu
Expert
Tamil
Expert
Hindi
Expert
Kannada
Expert

Hobbies

  • Cricket, Badminton, Board Games, Poker, Rummy