10 Upsell Strategies That Will I.ncrease Your P.rofits

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Today's feature article is:

10 Upsell Strategies That Will I.ncrease Your P.rofits

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As you know it can be very expensive to attract new
customers. You can cut down on those expenses
by "upselling" to those new customers. For example,
let's say you're selling a computer with a 15" monitor
for $1200. You tell people they can upgrade to a 17"
monitor for o.nly $200 more. That's upselling! Your
goal is to get more money out of the first sale. Below
are ten upselling strategies you can use to i.ncrease
your p.rofits.

1. Deluxe Upsell-You could sell a basic product and
tell people for a little more money they can receive the
deluxe edition.

2. Money Upsell-You could o.ffer people the rights
to sell the product they are buying from your business.
You could charge an extra $30 dollars to get the
reproduction rights.

3. Discount Upsell-If you're selling a product people
may order again in the future like shave gel, you could
o.ffer them a second can of shave gel at a discount.

4. Time Upsell-If you're selling a product or service
people subscribe to, like a magazine, you could tell
them if they subscribe for two years instead of one,
they can receive it half off the cover price.

5. Quantity Upsell-This is similar to the discount upsell.
The only difference is you i.ncrease the discount by
how many products they order. If they order 3 it's a
10% discount, if they order 5 it's a 15% discount.

6. Package Upsell-When you're selling a product you
could o.ffer similar products in a package deal. Tell
the people the other products are cheaper with the
package deal versus purchasing them separately.

7. Affiliate Upsell-When you're selling a product you
could o.ffer someone else's product as an upsell. You
would have to make a commission on the product in
order to profit.

8. F.ree Upsell-You could o.ffer a f.ree sample or trial
of your product (your first sale would be f.ree) and
then tell people if they order the full version right now
they will get a discount.

9. Extra Upsell-There are many things you could
charge extra for at the time of sale. It could be gift
wrapping, imprinting, custom designs, etc.

10. Extended Upsell-If your product comes with a
warranty, you could ask people if they would like to
extend the warranty one more year for o.nly $30.

In conclusion, you can use one or all these strategies
to i.ncrease your p.rofits at the point of sale. Don't be
afraid to use your imagination to come up with other
upsell strategies.

Quote of the Day:

"Knowledge is more than equivalent to force." -- Samuel
Johnson

Warm regards,

Chad Van Norman
http://www.getresponse.com/t/1394027/

P.S. Try this, Friend:
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About The Author:
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Chad Van Norman
Is the owner of http://www.StartAHomeBusinessSite.com &
http://www.SharkShiverTraffic.com

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