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Cross-Selling |
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Description of Cross-Selling. Explanation. |
Definition Cross-Selling. Description.
Cross-Selling involves selling additional products or services on top of the ones that customers are already buying.
It is a way to increase sales to the same customer (who has bought a product) by introducing other products in your product range. An important additional benefit of Cross-Selling is that it decreases the likelihood of the customer switching to a competitor.
Compare also: Analytical CRM | Horizontal Diversification | Customer Loyalty Program |
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More on Management | Return to Management Dictionary | |
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End of description Cross-Selling. An explanation. |
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