- Up-selling
Up-selling is a sales technique whereby a salesman attempts to have the
customer purchase more expensive items, upgrades, or other add-ons in an attempt to make a more profitable sale. Up-selling usually involves marketing more profitableservice s orproduct s, but up-selling can also be simply exposing the customer to other options he or she may not have considered previously. Up-selling can imply selling something additional, or selling something that is more profitable or otherwise preferable for the seller instead of the original sale.Examples
Some examples of up-sales include:
* addingside dish es and/orhors d'œuvre to a food order
* suggesting a premiumbrand of alcohol when a brand is not specified by a customer (such as offeringCaptain Morgan if a customer simply requests a "Rum and Coke").
* selling an extended service contract for an appliance
* suggesting a customer purchase moreRAM or a largerhard drive when servicing his or hercomputer
* selling luxury finishing on a vehicle
* offering tripod, filters, and lens wipes with a purchase of acamera
* suggesting a brand ofwatch that the customer hasn't previously heard of as an alternative to the one they are considering.Techniques
Many companies teach their employees to up-sell products and services.
A common technique for successful up-sellers is becoming aware of a customer's background and budget, allowing them to better understand what the particular person might need.
Another way of up-selling is by creating fear over the durability of the purchase. This is particularly effective on expensive items such as electronics, where an
extended warranty can offer peace of mind. This also works with things like expensive leather shoes, where the salesperson suggests that you also buy thewaterproofing spray, "to make the shoes last longer".ee also
*
Bait and switch
*Cross-selling
*Loss leader
*Sullivan nod References
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