The benefits of cross selling to your existing customers go beyond increased order size and higher revenue. Research shows that the more products and services customers purchase, the less likely they are to defect, says Harry Mills, chief executive of The Mills Group and author of The Rainmaker’s Toolkit: Power Strategies for Finding, Keeping, and Growing Profitable Clients (AMACOM, 2004).
Despite the numerous benefits, most sales forces have a tough time with the cross sell, due to turf issues, the existence of departmental or functional silos and lack of knowledge. Each of these issues, however, is surmountable. Here are Mills’ tips for successful cross selling.
For more information, please click on www.millsonline.com
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