best upselling techniques - infographic

1
IIt is important in all your messages and offers use your client's name or use 'you' and 'your'. Your clients will treat direct reference as a more per- sonalized message and they will be more likely to consider it. BE SPECIFIC In order to be ready to do the cross-selling you should study your offers and find complimentary additional products and services to each offer. Use your target market knowledge and expertise to find the best pairs for your customers. BE PREPARED Show the upselling product next to the chosen product and make it obvious why the customer should buy the more expensive version. You should be able to demonstrate different features and let your customer try and compare the products. SHOW THE BENEFITS The upgrade should cost just slightly more than the chosen product. If the price difference is very big the buyer will need to go through a longer buying decision and may postpone the purchase or stay with the chosen product. It is recommended upsell products that cost not more than 25% more than the chosen products. BE REASONABLE This infographic was created by LOGISION READ MORE BUSINESS ARTICLES AT WWW. LOGISION.COM DESIGNED BY SIMZO.GRAPHICS WHAT IS UPSELLING? HOW TO UPSELL? Upselling Upselling is a sales technique where a seller tries to sell more enhanced and expensive products than the product the customer initially decided to buy. Example Basically upselling happens when you decide to buy one laptop, but you buy a better and more expensive model, because the seller demonstrated it and recommended you to buy it. If you can show all versions of your products or services on one pricing page you can give your clients a clue on to which version they should upgrade. If there are three versions of the product you can add a label 'Basic version' to the cheapest version. The middle version usually is labeled as 'Best value' or 'Most popular', while the most expensive version can be named as 'Most powerful'. BEST VALUE Most of good e-commerce platforms have either built-in upselling tools or some plug-ins for upselling. To setup the system you need to link each item with the corresponding items and set pages on which the upsell box should be shown. Usually it is better to show this box on the product page and on the checkout page. EMPOWER YOUR E-COMMERCE Your products is one of the best medium for upselling. Try to mention somewhere on the product that there is a better ver- sion of this product and how it is better. Use it as a chance to tell your cus- tomers about more enhanced ver- sions of the product and describe in detail all additional features and the benefits they give. USE INSTRUCTIONS Keep your upselling activities limited and don't push them too hard. Customers don't like to be bombard- ed with many upsell offers and may start objecting them. Your credibility may drop and you your customers can refuse buying from you at all. DON’T PUSH IT TOO HARD Downselling means offering sim- pler and cheaper versions of a product to customers who are not going to buy the initially chosen product. This is completely opposite to upselling, but it can increase sales and brand loyalty. You need to be very delicate when downselling as you need to find out your customer's budget and offer cheaper products without offending the customer. DOWNSELLING Adding some kind of stimulus can significantly boost your upselling. For example, fast food restaurants offer big fries for just slightly higher price than the price of small fries. Therefore, the upgrade looks wise for consumers and more big fries are order increasing the revenue for the restaurant. ADD STIMULUS Your customers must be prepared to your upsell offers and you should take care of it on the early stages of the buying process. This allows your customers to under- stand their options and to position them according to the price or fea- tures. In this case your upsell offers will be expected and have more chances for success. MENTION ON EARLY STAGES BEST UPSELLING TECHNIQUES

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Page 1: Best Upselling Techniques - infographic

IIt is important in all your messages and offers use your client's name or use 'you' and 'your'. Your clients will treat direct reference as a more per-

sonalized message and they will be more likely to consider it.

BESPECIFIC

In order to be ready to do the cross-selling you should study your offers and find complimentary additional products and services to each offer.Use your target market knowledge and expertise to find the best pairs for your customers.

BE PREPARED

Show the upselling product next to the chosen product and make it

obvious why the customer should buy the more expensive

version. You should be able to demonstrate

different features and let your customer try and compare

the products.

SHOW THE BENEFITS

The upgrade should cost just slightly more than the chosen product. If the price difference is very big the buyer will need to go through a longer buying decision and may postpone the purchase or stay with the chosen product. It is recommended upsell products that cost not more than 25% more than the chosen products.

BE REASONABLE

This infographic was createdby LOGISIONREAD MORE BUSINESS ARTICLES AT WWW. LOGISION.COM

DESIGNED BY SIMZO.GRAPHICS

WHAT IS UPSELLING?

HOW TO UPSELL?

UpsellingUpselling is a sales technique where a seller tries to sell more enhanced and expensive products than the product the customer initially decided to buy.

ExampleBasically upselling happens when you decide to buy one laptop, but you buy a better and more expensive model, because the seller demonstrated it and recommended you to buy it.

If you can show all versions of your products or services on one pricing page you can give your clients a clue on to which version they should upgrade.If there are three versions of the product you can add a label 'Basic version' to the cheapest version. The middle version usually is labeled as 'Best value' or 'Most popular', while the most expensive version can be named as 'Most powerful'.

BESTVALUE

Most of good e-commerce platforms have either built-in upselling tools or some

plug-ins for upselling. To setup the system you need to link each item with the corresponding items and set

pages on which the upsell box should be shown.

Usually it is better to show this box on the product page and on the checkout page.

EMPOWER YOUR E-COMMERCE

Your products is one of the best medium for upselling. Try to mention somewhere on the product that there is a better ver-sion of this product and how it is better.Use it as a chance to tell your cus-tomers about more enhanced ver-sions of the product and describe in detail all additional features and the benefits they give.

USEINSTRUCTIONS

Keep your upselling activities limited and don't push them too hard. Customers don't like to be bombard-ed with many upsell offers and may start objecting them. Your credibility may drop and you your customers can refuse buying from you at all.

DON’T PUSH IT TOO HARD

Downselling means offering sim-pler and cheaper versions of a

product to customers who are not going to buy the initially chosen

product. This is completely opposite to

upselling, but it can increase sales and brand loyalty.

You need to be very delicate when downselling as you need to find out your customer's budget and offer cheaper products without

offending the customer.

DOWNSELLING

Adding some kind of stimulus can significantly boost your upselling.

For example, fast food restaurants offer big fries for just slightly higher

price than the price of small fries. Therefore, the upgrade looks wise

for consumers and more big fries are order increasing the revenue for the

restaurant.

ADDSTIMULUS

Your customers must be prepared to your upsell offers and you should take

care of it on the early stages of the buying process.

This allows your customers to under-stand their options and to position them according to the price or fea-

tures. In this case your upsell offers will be

expected and have more chances for success.

MENTION ON EARLY STAGES

BEST UPSELLINGTECHNIQUES