Definition:
Cross selling or cross-selling is a sales strategy that consists of offering customers complementary products or services to the one they have bought or are about to buy. The main objective is to increase the value of the purchase made by the customer, which in turn increases the company's profits.
As in the case of upselling, it is important that cross-selling is done ethically and adds value to the customer. It is not about selling for the sake of selling, but about understanding customer needs and offering solutions that satisfy them more completely.
The most common cross-selling strategy is to offer products that complement the customer's main purchase. For example, if a customer buys a camera, they might be offered a case to protect it.
Another strategy is to offer packages or combos of products that complement each other and are usually purchased together. Not only can this increase the value of the sale, but it can also be convenient for the customer.
In some cases, cross-selling may involve the sale of additional services, such as technical support, maintenance, or extended warranties.
Cross selling can bring several advantages:
Although cross-selling can be very beneficial, it also presents some challenges: