Tuesday, November 3, 2009

Earn More Business From Current Clients: 4 tips for up-selling and cross-selling existing accounts

As we recently discussed, long-term customers provide many financial benefits to your company. In fact, strengthening current accounts is one of the most effective methods of boosting profits. Recruiting new clients usually costs a pretty penny, so many world-class organizations focus on increasing up-selling and cross-selling to current customers instead. Unfortunately, many salespeople avoid these techniques because they are afraid that suggesting additional products or services could scare off customers. However, as long as you follow a few basic strategies, as outlined below, you can successfully cross-sell and up-sell to your current customers.

1. Identify the Roles of Individuals in the Buying Process.
2. Learn from your customer throughout the buying process.
3. Increase Employee Engagement to Wow the Customer
4. Map opportunities for cross-selling and up-selling to your clients.

For the full article and Descriptions see the Employee Engagement Blog

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