Super Size Me!

Upselling is the best way to improve margins and profit immediately, and it is essential during promotions.

When was the last time your server at your favorite burger place did NOT ask you if you would like to “Super Size” your meal? As much as we recommend “selling down” (see our Retail Sales Resource Vol. 2), during promotional periods, we have to sell up.

Promotions are done to drive traffic to the store. If both the manufacturer and the store participate in the advertising, they can be very successful. Anyway, promotions and advertising bring customers to the doorstep — not further.

Promotions work

It is our job in sales to ensure that the store, window decorations, entrance and showroom are in such good shape that the customer is actually pulled into the store. Click here to read more.. »

Selling Up or Down – You decide how much money you make

April 25, 2011 under Retail Sales Resource

In sales we have to know a lot about psychology. And we can use the rules of psychology to our advantage. When we’re talking about “Selling Down” we really mean “Selling Up, by Selling Down”.

Let’s start with what happens every day in flooring show rooms. Many sales associates just presume that the customer can’t afford the higher priced items… until the customer is asking for exactly these products.

The Selling Down strategy follows a different approach: we assume that the customers wants to see the best products in your show room. The best products are most likely also the expensive products.

If you begin here, and have the customer looking at these products, you can’t lose. The customer has two options: A) she likes the product and will follow the route of the best product, or B) she decides against the high price. With option B you are still in a prefect position, because now every product you present, will look very affordable compared to the first presentation. Click here to read more.. »