What is cross-selling vs upselling examples?
For example, if you encourage a customer who just bought a new phone to get a protective case at the same time, that’s a cross-selling win. For example, if someone comes into your furniture store looking for a bedside table and you sell them a whole bedroom set instead, that’s an upsell.
How do you upsell cross-sell?
Tips for Effective Cross-Selling and Upselling
- Keep It Simple. Offering too many products or services at once can backfire by creating confusion and diluting the customer’s attention.
- Map Complementary Options.
- Plan the Timing.
- Ask Probing Questions.
- Demonstrate Value.
- Offer Loyalty Perks.
- Follow-Up.
What are the examples of cross-selling?
Examples of cross selling include:
- Fast food restaurants asking: “Do you want fries with that?”
- eCommerce websites showing “customers also bought”
- A mobile phone retailer suggesting a customer buys a new case for their new phone.
What is upsell example?
Upselling is focused on upgrading or enhancing the product the customer is already buying. For example, a housekeeping service might upsell a customer buying a weekly cleaning package by offering a package with more rooms, and cross-sell by also offering a carpet deep cleaning service.
How do you identify an upsell opportunity?
Some examples of how to employ these skills to identify upselling opportunities:
- Make the Most out of Every Interaction.
- A Little Awareness Goes a Long Way.
- Offer Support in the Form of Useful Information (Instead of a Sales Pitch.
- Upsell When Customers are Ready to Buy.
- Ready to Buy is Also Ready to Pay.
What are the do’s and don’ts of cross-selling?
Don’t: Sell to unhappy customers. Do you know who your satisfied and unsatisfied customers are? If not, you need to find out. Don’t begin cross-selling until you can weed out the unhappy customers from your outreach list. You can usually survey or interview customers to gauge their satisfaction level.
Is cross-selling bad?
But as we’ve demonstrated, cross-selling as an end in itself is a bad idea. Before cross-selling to any customer or segment, determine whether the effort is likely to be profitable. Otherwise you may find losses mounting even as sales volume grows.