Up-Selling: Definition, Examples & Tactics
Up-Selling is a sales technique that encourages customers to purchase a higher-end product, upgrade, or add-on to increase the overall value of their purchase.
Why is Up-Selling important?
Up-Selling increases revenue and customer lifetime value by encouraging customers to purchase higher-value products or services, while also improving their experience and satisfaction with the brand.
An easy way to understand Up-Selling is:
Imagine buying a burger, and the cashier asks, "Would you like fries with that?" They're trying to up-sell you, or get you to buy a more expensive combo meal instead of just the burger.