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Glossary

Cross-selling

Revenue and sales

Cross-selling is the sales technique of offering customers products or services that complement what they are buying.

It raises the value of each purchase and makes use of a customer already won, so it improves the ratio between revenue and acquisition cost. It differs from up-selling, which offers a higher version of the same product. In e-commerce it took the form of the ‘customers who bought this also bought’ suggestions made famous by Amazon; in a shop it works only if the complementary product is really in stock, which is where integration with the ERP becomes decisive.

An example

Someone buying a camera finds the right lens and memory card already in stock in the shop.

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