1 min. reading

What is Cross Selling?

Cross selling is a sales tactic that involves offering additional products or services to existing customers. Up selling is a similar tactic, but with the aim of offering a more expensive product.

This article was translated for you by artificial intelligence

Cross selling is a sales tactic that involves offering additional products or services to existing customers. Up selling is a similar tactic, but with the aim of offering a more expensive product. In cross selling, the product does not have to be more expensive, but can be an accessory. For example, a customer buys a mobile phone and the seller offers additional accessories such as a mobile phone case or a memory card. Such cross-selling does not only apply to e-shops, where additional products or services can be displayed at the time of purchase, but also to face-to-face sales, where the seller offers additional products or services directly to the buyer.

 

 

Share article
Similar articles
Will ChatGPT Become OpenAI’s New Revenue Stream?
3 min. reading

Will ChatGPT Become OpenAI’s New Revenue Stream?

OpenAI is building a payment system so people can buy stuff directly through ChatGPT without leaving the chat. According to Reuters reports, merchants will pay the AI company commissions on sales. It’s a new way to make money after losing $5 billion last year despite hitting $10 billion in revenue.

Katarína Šimčíková Katarína Šimčíková
Freelance I Digital Marketing Specialist, Ecommerce Bridge EU
Marketing Teams Ignore £30 Million Problem: E-commerce Returns
4 min. reading

Marketing Teams Ignore £30 Million Problem: E-commerce Returns

Online shoppers return 30-40% more products than in-store customers, but marketing tools don’t track this data. According to analysis from The-future-of-commerce.com, one fashion brand discovered a £30 million gap between reported revenue and actual earnings after accounting for returns. Most digital marketing metrics completely miss this problem.

Katarína Šimčíková Katarína Šimčíková
Freelance I Digital Marketing Specialist, Ecommerce Bridge EU