Sometimes buying a product is difficult because of
the variety of models--with options, add-on items, and services--the
customer must choose from in order to obtain a complete solution.
Promotional materials for these products must present the choices
clearly and take advantage of opportunities for cross-selling and
upselling.
Cross-Selling Adds More Items
Cross-selling
promotes an add-on or accessory product or service that, when combined
with the primary product, makes a better or complete solution. A
classic example of cross-selling is the question, "Do you want fries
with that?"
In many cases, cross-selling involves helping
customers assemble a tailored product from a variety of options. An
effective cross-sell presents these options clearly and makes it easy
for customers to choose among them.
Upselling Adds More Value
Upselling
promotes a more powerful or higher level model than the one the
customer is considering. To use the fast-food metaphor again, an
up-sell would be "The deluxe burger is not only bigger, but it includes
the special sauce and only costs a little more. Would you like that
instead?"
A product model that offers greater capabilities,
flexibility, or capacity might be suitable for upsell. In this case,
the seller's job is to make sure a customer is aware this model exists
and to encourage consideration of both models before the purchase
decision.
Promotional Ideas
Both
cross-selling and upselling can be done in print materials and on the
Web. The following ideas can be used for print materials such as
brochures, catalogs, and selection guides:
* Include a brief "Related Products" section that lists the names or model numbers of upsell and cross-sell products.
* Present a chart of available options, describing the target use or environment for each.
*
Describe typical packages or product combinations, especially when a
customer must purchase multiple components. This can be done with a
simple bullet list that describes the content of each package.
Because
of the dynamic links between pages, cross-selling and upselling are
especially easy to implement on a Web site. For example, you can create
links among catalog pages to show related products, or link to a
services page from a product page. The navigation process you define
for purchase transactions on a Web site can also guide a visitor
through pages that present cross-sell or upsell options.
More Choices, More Sales
If
handled correctly, cross-selling and upselling can help customers
choose the best products for their needs and generate a stronger
customer relationship for your company. And of course, more revenue too.
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