up-sell

(verb)

Upselling (sometimes "up-selling") is a sales technique whereby a seller induces the customer to purchase more expensive items, upgrades, or other add-ons in an attempt to make a more profitable sale.

Related Terms

  • brand awareness
  • discount store

Examples of up-sell in the following topics:

  • Following Up

    • Regular follow up is an integral part of good customer service.
    • Critical to the process is the person that does the follow up.
    • Some customers prefer more follow up while others require little or no follow-up.
    • The type of follow up is also important; a call, a note, a visit or an email.
    • Identify the basis for and the importance of follow up as part of the personal selling process and sales promotion
  • Selling Orientation

    • Approaching marketing with a selling orientation was popular for companies in the 1950s and 1960s.
    • Up to this point, a growing population and lack of significant competition combined to create an environment in which production and product orientations could lead to success.
    • The answer was to concentrate on selling.
    • Effective selling requires a systems approach, at minimum involving roles that sell, enable selling, and develop sales capabilities.
    • Outline the methodology and importance of selling orientation as it relates to product inventory
  • Value of Personal Selling

    • The most significant strength of personal selling is its flexibility.
    • Personal selling also minimizes waste effort.
    • High cost is the primary disadvantage of personal selling.
    • Both technologies can deliver sales messages, respond to questions, take payment, and follow up.
    • Another weakness of personal selling is message inconsistency.
  • Cost-Based Pricing

    • However, with fully allocated costs of $9.24 per job, the company was losing $4.55 every time a cyclist picked up a package .
    • If it sells less, its costs go up.
    • If it sells more, its costs go down.
  • Defining Personal Selling

    • Personal selling is when salespersons use a process to engage customers and take a sales order that may not otherwise have been made.
    • The personal selling process is a seven step approach: prospecting, pre-approach, approach, presentation, meeting objections, closing the sale, and follow-up.
    • Finally, the salesperson must remember to follow up after the sale is made.
    • Sales management would break down the selling process and then increase the effectiveness of the discrete processes as well as the interaction between processes.
    • Marketing improves the selling environment and plays a very important role in sales.
  • Channel Partnering

    • A channel partner is a company that partners with a manufacturer or producer to market and sell that company's products.
    • A channel partner is a company that partners with a manufacturer or producer to market and sell the manufacturer's products, services, or technologies.
    • Provide an explanation or introduction to your partner marketing program as soon as a new partner is signed up, including what resources are available.
    • Understand what your partners do, how they sell, and how they will re-sell your solution.
    • Follow up with your partners after campaigns and ask how they did and what you can do to help next time.
  • Personal Selling

    • Marketing impacts personal selling and improves the selling environment by increasing exposure to potential customers.
    • Selling is part of the promotional mix.
    • Those selling luxury goods cater to esteem needs.
    • The last and most crucial step in the process is follow up to ensure customer satisfaction and help establish a relationship.
    • Marketing impacts personal selling and improves the selling environment by increasing exposure to potential customers.
  • Approach

    • Direct selling is the marketing and selling of products directly to consumers away from a fixed retail location.
    • Direct selling allows salespersons to present, demonstrate, and sell products and services to consumers in an environment that is comfortable to the client.
    • Solution selling is when the salesperson focuses on the customer's pain and addresses the issue with his offerings.
    • Attire should be similar to those who you are pitching to, but at least two steps up in terms of clean presentation and apparel.
    • Describe the characteristics and requirements for a sales approach as part of personal selling and sales promotion
  • Team Selling

    • Team selling is sometimes used in real estate.
    • When a company decides to use a team-selling approach, there are several factors to consider:
    • Team selling should be used when there is a chance for high sales and profit.
    • Team selling shows clients that a company has more than one person with strong selling capabilities, giving the client a higher comfort level about the company.
    • Some real estate firms use team selling to improve sales and increase customer loyalty.
  • Marketing by Individuals and Firms

    • Marketing by individuals, as opposed to organizations, can be most clearly differentiated by the strategy of personal selling.
    • Personal selling is the act of using people to sell products to consumers face-toface.
    • The personal selling process is a seven step approach:
    • Follow-up - following up will ensure customer satisfaction and help establish a relationship with the customer.
    • Personal selling represents the focus and customization that can be achieved through marketing on the individual level as opposed to the organizational level.
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