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Ignite Sales
With Compelling Upsells and Cross-sells


             Brian Jambor
             Partner Marketing & Sales Specialist
             Infusionsoft
Beat out the competition


“Upselling is like
bringing a gun to a
knife fight” -
@carlosinho
The common upsell


Do you want fries with
that?

Why is this so
compelling?
The common cross-sell

Why is this so
compelling?
•You’re eating anyway
•It’s not that much more
•If you get fries, do you
want to make it a meal
for $1 more?
Why it works?

Adding on features that provide tons of
value at little or no additional cost to the
business accounts for a greater net profit
per transaction.
Why it works?




At this point as a consumer, I’m
thinking...
why would I pay $79/mo if I can
pay $35/mo?
Creating the entry level
• What does an iPad
  cost?

• How much did you
  pay for your
  current iPad?

• Are you willing to
  upgrade for only
  $499?
Making it an easy choice
• Will 16gb be enough?

• I can double my
  storage for only $100
  more (200% storage
  for only 20% more in
  cost)

• For only 26% more I
  can get WiFi + 4G.
Making it an easy choice


• Should not increase
  purchase total by
  more than 25%
Create product bundles for
             an easy upsell
• Get a basic coaching
  package for $999.

• Get our deluxe
  package which also
  includes 3 hours of
  1:1 mentoring for
  $1299

• Get all of the above
  and a signed copy of
  my book for $1500
Create product bundles for
      an easy upsell


                   What I was going to buy.




                    What I ended up buying.




                   They made an extra $27!
Leverage the Power of Social

How many other “smart consumers” chose
one option over another? This works for
verbiage such as “Most Popular” as well.
Leverage the Power of Social


Other Customers were looking at:



•Similar Items
•Complementary Items
Can you use 2?


                                                      •We might run out!
                                                      •Quantity Discount!
                                                      •Friends & Family?
                                                      •Gifts?


Source: http://www.squidoo.com/Techniques-To-Upsell
Can you use 2?


                                   Limited time offer.

                                   You’re limited to 2.

                                   It’s a $249 Thermostat!

                                   Can I resell it?




Source: http://www.thenest.com
For a limited time, upgrade at a
                    special price


                                              Perfect to put on a
                                              thank you page.




http://www.squidoo.com/Techniques-To-Upsell
Bought from a Competitor?
         Upgrade!

                •Perfect for a dedicated LP
                •Call out your advantages
                •The ultimate Upsell!!!
Add 1 more item and
                                               shipping is FREE




http://www.squidoo.com/Techniques-To-Upsell
Upsell based on Fear of Loss


                                                                         •Extended Warranty
                                                                         •Dedicated Tech Support
                                                                         •Managed Services
                                                                         •Upgrades for Life




http://www.firepolemarketing.com/blog/2012/01/31/upselling-done-right/
Massive Margins in Warranties


                 •Account for 45% of Best Buy’s
                 Income - Business Week

                 •Margins typically are 60 to 70%
                 •The Math:
                 •Spend $1 on a Warranty
                 •$0.60 is profit for Retailer
                 •$0.20 is paid out in claims
                 •$0.20 is profit - Insurance co.
Upsell based on additional training


                    •Additional training/coaching
                    •1:1 consultations
                    •Group Webinars/Coaching



                    Low Cost ($49/mo for 15
                    attendees)
Upsell based on additional training



                   Low Cost ($49/mo for 25
                   attendees)
The Upsell has to make sense
The Upsell has to make sense
The Upsell has to make sense




                   Yard Maintenance
Targeted Cross-sell Post Purchase



                                                                                                           •Coupons Post Sale
                                                                                                           •Thank you page
                                                                                                           •Inserts with Paid Invoice




http://www.ipowerweb.com/iboost/profit/selling_products_or_services/increasing_sales/articles/03030.html
Becoming an Affiliate



                                                                                                           •It has to make sense.
                                                                                                           •Google is your friend




http://www.ipowerweb.com/iboost/profit/selling_products_or_services/increasing_sales/articles/03030.html
Becoming an Affiliate




                 •Does it fit with
                 your industry?
Becoming an Affiliate




                  Are you part of the
                  overall solution?
Finding Correlating Products



Maybe I offer
heart healthy
recipes as a
cross-sell
Accessing a library of cross-sells




           http://www.cj.com/
Cross-selling based on previous
           purchases

                 •Tagging System
                 •Triggers based on Purchases
                 Upsells Based on:
                 •Date Range Criteria
                 •Promo Code Criteria
                 •Product and/or Qty Criteria
                 •Subscription Plan in Cart
                 •Order Total Criteria
Questions?
Take a Tour of Infusionsoft


        Make it EASY

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Ignite sales with compelling upsells and cross-sells

  • 1. Ignite Sales With Compelling Upsells and Cross-sells Brian Jambor Partner Marketing & Sales Specialist Infusionsoft
  • 2. Beat out the competition “Upselling is like bringing a gun to a knife fight” - @carlosinho
  • 3. The common upsell Do you want fries with that? Why is this so compelling?
  • 4. The common cross-sell Why is this so compelling? •You’re eating anyway •It’s not that much more •If you get fries, do you want to make it a meal for $1 more?
  • 5. Why it works? Adding on features that provide tons of value at little or no additional cost to the business accounts for a greater net profit per transaction.
  • 6. Why it works? At this point as a consumer, I’m thinking... why would I pay $79/mo if I can pay $35/mo?
  • 7. Creating the entry level • What does an iPad cost? • How much did you pay for your current iPad? • Are you willing to upgrade for only $499?
  • 8. Making it an easy choice • Will 16gb be enough? • I can double my storage for only $100 more (200% storage for only 20% more in cost) • For only 26% more I can get WiFi + 4G.
  • 9. Making it an easy choice • Should not increase purchase total by more than 25%
  • 10. Create product bundles for an easy upsell • Get a basic coaching package for $999. • Get our deluxe package which also includes 3 hours of 1:1 mentoring for $1299 • Get all of the above and a signed copy of my book for $1500
  • 11. Create product bundles for an easy upsell What I was going to buy. What I ended up buying. They made an extra $27!
  • 12. Leverage the Power of Social How many other “smart consumers” chose one option over another? This works for verbiage such as “Most Popular” as well.
  • 13. Leverage the Power of Social Other Customers were looking at: •Similar Items •Complementary Items
  • 14. Can you use 2? •We might run out! •Quantity Discount! •Friends & Family? •Gifts? Source: http://www.squidoo.com/Techniques-To-Upsell
  • 15. Can you use 2? Limited time offer. You’re limited to 2. It’s a $249 Thermostat! Can I resell it? Source: http://www.thenest.com
  • 16. For a limited time, upgrade at a special price Perfect to put on a thank you page. http://www.squidoo.com/Techniques-To-Upsell
  • 17. Bought from a Competitor? Upgrade! •Perfect for a dedicated LP •Call out your advantages •The ultimate Upsell!!!
  • 18. Add 1 more item and shipping is FREE http://www.squidoo.com/Techniques-To-Upsell
  • 19. Upsell based on Fear of Loss •Extended Warranty •Dedicated Tech Support •Managed Services •Upgrades for Life http://www.firepolemarketing.com/blog/2012/01/31/upselling-done-right/
  • 20. Massive Margins in Warranties •Account for 45% of Best Buy’s Income - Business Week •Margins typically are 60 to 70% •The Math: •Spend $1 on a Warranty •$0.60 is profit for Retailer •$0.20 is paid out in claims •$0.20 is profit - Insurance co.
  • 21. Upsell based on additional training •Additional training/coaching •1:1 consultations •Group Webinars/Coaching Low Cost ($49/mo for 15 attendees)
  • 22. Upsell based on additional training Low Cost ($49/mo for 25 attendees)
  • 23. The Upsell has to make sense
  • 24. The Upsell has to make sense
  • 25. The Upsell has to make sense Yard Maintenance
  • 26. Targeted Cross-sell Post Purchase •Coupons Post Sale •Thank you page •Inserts with Paid Invoice http://www.ipowerweb.com/iboost/profit/selling_products_or_services/increasing_sales/articles/03030.html
  • 27. Becoming an Affiliate •It has to make sense. •Google is your friend http://www.ipowerweb.com/iboost/profit/selling_products_or_services/increasing_sales/articles/03030.html
  • 28. Becoming an Affiliate •Does it fit with your industry?
  • 29. Becoming an Affiliate Are you part of the overall solution?
  • 30. Finding Correlating Products Maybe I offer heart healthy recipes as a cross-sell
  • 31. Accessing a library of cross-sells http://www.cj.com/
  • 32. Cross-selling based on previous purchases •Tagging System •Triggers based on Purchases Upsells Based on: •Date Range Criteria •Promo Code Criteria •Product and/or Qty Criteria •Subscription Plan in Cart •Order Total Criteria
  • 34. Take a Tour of Infusionsoft Make it EASY