Whats Cross selling?

Question

Accepted Answer

Cross selling is the practice of selling additional products or services to existing customers.

Cross selling involves offering related or complementary products to customers who have already made a purchase.
It can help increase revenue and customer loyalty by providing a more comprehensive solution to the customer's needs.
Examples of cross selling include a fast food restaurant offering fries with a burger, or a car dealership selling insurance or extended warranties with a vehicle purchase.

Accepted Answer

Cross-selling is a sales and marketing strategy where a company promotes and sells additional products or services to existing customers. The goal of cross-selling is to increase revenue and enhance the customer's overall experience by offering complementary or related items. For example, if a customer buys a smartphone, a cross-selling opportunity might involve suggesting a protective case, screen protector, or headphones to go with it. Cross-selling is common in various industries, such as retail, e-commerce, and financial services, to maximize the value of each customer relationship.

Whats Cross selling?

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