Definition of Cross-Sell
The practice of selling additional products or services to existing customers.
Explanation of Cross-Sell
Cross-sell is a sales technique where a business suggests additional products or services to a customer based on their current purchase. The goal is to increase the overall value of the transaction and enhance the customer experience by offering relevant and complementary items. For example, if a customer buys a laptop, the salesperson might suggest accessories such as a mouse, keyboard, or software. Cross-selling helps businesses boost revenue, improve customer satisfaction, and deepen customer relationships by providing solutions that meet their needs. Effective cross-selling requires a good understanding of customer preferences and behavior to make personalized and timely recommendations.