Cross-selling strategies are widely used across various industries and sectors, including e-commerce sites, retail stores, financial services, and more. Especially on online shopping platforms, cross-selling algorithms often track customer behavior and suggest relevant products. This not only provides customers with more options but also helps businesses increase their revenue. If you own an online store on an e-commerce site or marketplace, you should be open to trying different techniques to boost sales and profits. Among these techniques, one of the most prominent digital marketing terms is cross-selling.
We recommend exploring the tips we offer to help you increase your profits and enhance your customers’ shopping experience through cross-selling
What is Cross-Selling?
Cross-selling refers to selling additional products to customers who are interested in or have purchased a specific product. One of the oldest known cross-selling techniques is the question from fast food chains selling hamburgers: “Would you like fries with that?” For instance, when you add a new iPhone to your cart on Amazon, you may also see suggestions for AirPods and an Apple Watch. You can easily notice that these suggested products complement the product you added to your cart.
Cross-Selling in 4 Steps
- Related Products: At its core, cross-selling is a strategy of suggesting other products or services that are related to or compatible with what the customer has purchased. For example, if a customer buys a computer, accessories like a mouse, keyboard, or monitor would be suitable cross-selling suggestions.
- Based on Customer Needs: Cross-selling should be done based on the actual needs of the customer. Understanding what additional products or services the customer might need is essential to formulating the right cross-selling strategy.
- Customer Satisfaction: Cross-selling can enhance customer satisfaction by offering them more choices and meeting their needs. Customers feel that your business is going the extra mile to provide additional services.
- Revenue Growth: Cross-selling has the potential to increase business revenue. When customers purchase additional products or services, the total sales volume and revenue of the business can grow.
Benefits of Cross-Selling
Engaging in cross-selling in e-commerce offers several significant benefits. Why not take advantage of these opportunities? With cross-selling, you can:
- Increase your revenue faster with less effort compared to acquiring new customers from scratch.
- Achieve higher conversion rates for the opportunities you present, as you already know your customers and track their usage habits.
- Showcase the breadth of your product catalog and help your customers discover other products that may interest them.
- The essence of cross-selling lies in anticipating needs. When you address your customers’ needs at the right time, customer loyalty also increases.
Cross-Selling Techniques in E-commerce
E-commerce cross-selling techniques can help you increase your revenue by suggesting related or additional products to customers and encouraging them to make purchases. Here are some cross-selling techniques you can use in e-commerce:
1. Displaying Related Products on Product Pages
On each product page, suggest other products that are related to or complement the displayed product. For example, on a dress product page, recommend a matching bag or accessories. Doesn’t it make sense to suggest coffee filters and coffee grounds to a user ordering a coffee machine? Or, while ordering a stylish suit, a suggested tie might be exactly what the customer needs.
2. Cart Recommendations
Based on the items customers add to their carts, suggest related or additional products on the cart page. You can offer suggestions like “Frequently bought together” or “Customers also viewed these products.”
3. Displaying Related Products with Sliders
Use slider components on main navigation points such as the homepage or product pages to display related products. This allows customers to easily browse through different categories or similar products.
4. Cross-Selling on Review Pages
Encourage customers to discover more products by suggesting similar or alternative items on customer review pages.
5. Cross-Selling Through Campaigns and Discounts
Use discounts, campaigns, or bundle offers to encourage customers to purchase multiple products together. For example, offer deals like “Buy this product and get 20% off on this item.”
6. Customized Recommendations
Leverage personalized recommendation engines to suggest products based on customers’ past purchases or browsing habits.
7. Free Shipping Thresholds
Encourage customers to add extra items to their cart to meet the free shipping threshold. For instance, offer incentives like “Free shipping on orders over $100.”
8. Relevant Blog Content
Use blog posts or content pop-ups to provide customers with interesting information about your products and link the products to the content.
9. Last-Minute Suggestions on the Cart Page
During the checkout process, provide last-minute suggestions for related products on the shopping cart page to encourage additional purchases.
10. Product Review Emails
Send product review emails to customers and suggest related or additional products in these emails to boost sales.
11. Suggest Interrelated Products
Show customers different products from the same category when they add an item to their cart. Interrelated products will capture their interest. For example, while ordering dog food, suggested dog toys may spark curiosity.
12. Show Best-Selling Products
On Trendyol, when users who have added items to their cart click the “Go to Cart” button, they see specific products from the Best Sellers category. These products can span various categories, ranging from books to power sockets, masks to mascaras.
13. Turn Experiences into Suggestions
The formula “Customers who bought this item also bought these” can yield highly effective results. For example, on Hepsiburada, when you add a tea maker to your cart, you’ll notice suggestions under the “Frequently Bought Together” section, such as a blender set, toaster, or waffle maker.
14. Direct Customers to Useful Services
Another way to cross-sell is by directing customers to services related to your products. If you’re selling high-priced items like televisions or mobile phones, offering extended warranties for a small additional fee can be an attractive proposition for your customers.
To implement cross-selling techniques effectively, it is important to monitor customer behavior, use algorithm-supported recommendation systems, and deliver value to customers. Additionally, always prioritize customer satisfaction and experience in your strategies.
Cross-Selling Tips to Boost Sales in E-commerce
You can increase your sales by trying cross-selling tips in your e-commerce business. If you’re unsure where to start, here are a few pointers:
1. Start with Your Best-Selling Products
If you are using cross-selling techniques for the first time, you can begin with your best-selling products. On the pages of these already popular products or in the shopping cart, suggesting a few affordable complementary items can help boost your e-commerce sales.
2. Suggest Affordable Products to Increase Purchase Likelihood
The price of the items you aim to sell through cross-selling techniques should not exceed the price of the main product. Ideally, the price of the suggested items should range between 10% and 50% of the main product’s price
3. Choose the Right Time: When Should You Cross-Sell in E-commerce?
Timing is critical for cross-selling. Using cross-selling techniques too frequently or inappropriately may lead customers to abandon their shopping carts or even damage your store’s reputation. The two best points in the purchasing process to use cross-selling techniques are product pages and checkout pages, as they are likely to yield higher conversion rates.