Create More Opportunities in E-Commerce with Up-Sell and Cross-Selling Techniques using X-Check
There are various techniques used to offer customers the
opportunity to make additional purchases through the ordering process which will give
your customers better shopping experience and increase revenue on your
e-commerce site.
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An excellent way to increase add-on sales and boost the lifetime value of your customers is through upselling and cross-selling.
Products can relate to one another in many ways. Here are seven of the most common product relationships:
Accessories: Products that can be sold to make the core product more useful, versatile, or attractive
Cross-Reference: Products made by different manufacturers that have the same fit, form, and function
Related Products: Products that are usually sold together to complete a job or task
Repair/Replacement Parts: Repair or replacement parts for the original product
Similar products: Products within a group that have one or more variants (differences) but can have the same function (different material or size as examples)
Supersessions: New product that has replaced an obsolete or older discontinued version of a product
Upgrades: Good/better/best upsell options of a similar product
Related products
remind buyers that they need additional items to complete a job; accessories
and replacement parts are great add-on sales opportunities at the point of
sale, and the provision of additional product options (in a ‘good, better,
best’ format) offers to upsell opportunities without the buyer having to do
additional searches. Cross-reference
products offer alternatives when the product they searched for is not in stock
or not offered by the distributor to sell.
When products are no longer made linking the supersession product from
the obsolete product not only helps the customer avoid frustration, it keeps the
customer on your site to make the additional purchase.
X-Check for e-commerce: three-pointers to get started.
Make It Simple:
Offer a select number of additional product recommendations that are specific to the original searched product. Too many options can potentially confuse a buyer, divert them from the product they were primarily interested in, and may cause them to abandon the purchase entirely.
When
you provide the right product relationships, it demonstrates to customers that
you know and understand them, which ultimately creates a buying experience that
keeps them coming back to your store or website again and again.
Get started with the best-selling products:
When establishing X-Check service
on your web, start with your top-selling items and create product linking in
the back end of your site. For products that are getting high demand, you can
recommend accessories and related items to the buyer that can be easily added
to his/her cart at the time of order placement.
Offer Product Comparisons to Encourage Upgrades:
When similar products are offered with several prices
points from a basic model to a deluxe model, showing all the variations of that the product promotes upselling higher-priced versions. If there are several options, consider
whether you can provide attributes that clearly showcase the value of the
higher-priced item (i.e. additional features/benefits/specifications) so
product comparisons can be done with ease.
It is a good chance to use the X-check service
since you can encourage buyers to put things to their carts by enabling them to
see products that naturally fit together and connect to other items sold. In
short, you would like to help your customer make it easy for them to purchase
products by giving them better choices that leave them feeling as they are
getting the best deal.
Keep experimenting and try new strategies to upgrade your
e-commerce offering and see what works best for your business and customers.
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