When many companies are looking to grow their revenue, they often turn to marketing to bring in new leads and encourage sales to find more prospects.
However, many of them fail to reach out to their most powerful growth prospect of all.
It’s important to not ignore your most valuable potential market when expanding your business: your current customers. Upselling and cross-selling is an incredible opportunity for outside sales teams and neglecting them can be detrimental.
Considering that acquiring a new customer is 5-25 times more expensive than keeping a current one, working on upselling and cross-selling is a far more profitable way to grow your business.
Upselling and cross-selling is a way to get ahead of competitors and increase the value of your customers. It is the perfect way to meet your revenue goals in a way that profits your business the most.
WHO SHOULD ATTEND
Frontliners and Outlet Managers
LEARNING OUTCOMES
At the end of this training program, participants should be able to:
- Think creatively about a client’s needs and identify a broader range of opportunities
- Gain higher and wider access into a client portfolio
- Position a cross-sell idea more effectively
- Sell deeper into a client organization by more effectively engaging executives in strategic cross-selling and upselling dialogue
- Shortened sales cycle and more closed sales
COMPETENCY ENHANCEMENT AREAS
Knowledge | Skills | Attitude |
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PROGRAM OUTLINE
WHAT YOU'LL LEARN: DAILY SCHEDULE
- Understand sales as an advanced type of service
- The difference between upselling and cross-selling
- Get rid of the “stigma” of sales
- How upselling and cross-selling can manifest itself in a customer’s lifecycle
- Behavior Focused Sales Strategies
- Understanding Personalities and Behaviors in Different Sales Situations
- Develop Relationships To Influence Clients Buying Behavior
- Ways to Get Customers Attention And Action
- Identify the potential upselling scenarios
- Recognize the right-timing of upselling
- What are the problems faced when upselling?
- Conduct an upselling sales conversation
- Create a natural, conversational bridge to the offer
- Recognize the right-timing of cross-selling
- The potential cross-sell affinity items within your solutions
- What are the problems faced when cross-selling?
- Ways to work through your sales reluctance
- How to become an “expert” source for your clients
- Start To Employ Cross-Selling And Up-Selling For Win-Win Results
- Set up a forward looking sales strategy