Sales data has shown that suggestive selling is an effective technique when you use it the right way. Check out some of the benefits of suggestive selling below.
This is the most obvious benefit of suggestive selling. When you encourage customers to purchase additional products or upgrade to something more expensive, you'll have better sales numbers. Add-on sales and cross-selling are particularly effective if you want to drive up sales volume on smaller products that you typically have a tough time selling.
Higher profit margins
Time is money when you run a business with a sales team, so increasing sales through suggestive selling can also lead to higher profit margins. Instead of spending 10 or 20 minutes selling a single product, your sales team can spend 10 or 20 minutes selling several products at once — even if some of them are smaller. When you drive up profit margins and sales volume, you'll love the way your sales data looks.
Improved customer satisfaction
Customer satisfaction is just as important as making sales, and suggestive selling gives you the best of both worlds. When you're not using overly pushy sales tactics but you're still selling various quality products to your customers, you can expect more positive reviews. Getting positive reviews doesn't just help you keep current customers around, it also helps to attract new customers.
Better inventory management
It can be tough to manage your inventory when you have some items you just can't seem to sell. With suggestive selling techniques, you can move some of your old or overstocked products to make your job a little easier when it comes to inventory. The best part is, you can drive up sales numbers while improving inventory management.
More repeat business
Suggestive selling is a good way to educate customers about your products and how to use them. You can bundle one big-ticket item like a camera with accessories, then you can teach your customers how to safely store and clean their camera using those accessories. When you provide stellar service and sound advice, people will come back.
Suggestive selling techniques
There are a few different ways you can use suggestive selling to give your sales numbers a boost. Learn more about some of the common suggestive selling techniques and how you can use them to move more product.
Provide demonstrations and samples
It can be hard to visualize how a product works or how a service could be helpful. Use demonstrations and samples to give your customers a firsthand look at how useful your product or service is, that way they're more likely to make a purchase because they're informed.
Share social proof and testimonials
Some people don't want to be the first to make a purchase, so show prospective customers that you have a history of customer satisfaction with testimonials, reviews, and social media shares. When you show people how much your customers enjoy your products or services, they'll have more confidence in your business.
Bundle and package deals
Some items are better when they're sold in a complete package. You can buy a new computer with no monitor, mouse, and keyboard, but you need those peripherals to use your PC. Bundle relevant items together to show your customers how products complement each other and encourage them to make bundle purchases with discounted prices.
Create a sense of urgency
When there's a limited time sale, people know they have to act fast to save money. Creating a sense of urgency through limited time sales is one of the best ways to increase sales through suggestive selling.
Use strategically placed signs
Highlighting certain products or services can make them more visible to the customer, which in turn helps increase sales. Clearly label anything that's on sale on your website, and use signs to highlight key products if you run a brick-and-mortar store.
Launch a loyalty program
Starting a rewards program is one of the best ways to show customer appreciation and increase sales. Loyalty programs encourage customers to shop with you more so they build up more rewards points, and customers are more likely to make larger purchases if they can use their rewards points to get a discount.
Level up your sales strategy with suggestive selling
Sales are one of the most important metrics if you want your business to succeed. With suggestive selling, you can provide a little encouragement to help customers make smarter purchases that meet their needs. However, it's important to avoid being too pushy or encouraging customers to purchase low-quality products.
If you're having trouble getting your business off the ground or increasing sales volume, Mailchimp can help. With tools like our Customer Journey Builder and Audience Segmentation, we make it easy to take control of your business and make data-driven decisions. Try Mailchimp today to see how our tools can help you drive up sales and boost your business.