How to Load Up the "Shopping Cart" by Cross-Selling and Up-Selling
We talk a lot about cross-selling and up-selling in “The 7 Essential Steps to Successful eBay Marketing.” These are the two strategies that help you build sales by increasing the amount or value of items in a shopping cart. By the way, you don't have to be selling on eBay to learn about these. The same concepts apply in all kinds of selling situations.
Cross-selling is where you suggest complementary items to the original item purchased. Up-selling is the close cousin of cross-selling, where you increase the value of the item or the solution by suggesting more purchases (with volume discounts, for example) or a selection of options (like small, medium or large; or good; better; best).
These two strategies often cross-pollinate. Some cross-selling involves up-selling and vice versa. It’s all good.
StartUpNation posted some tips on cross selling today. Take a look at that article for more ideas and further discussion.
P.S. Amazon.com and Walmart.com have the lowest prices for "The 7 Essential Steps to Successful eBay Marketing" (McGraw-Hill, 2005)
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