If you've been trying to grow your revenue by chasing more traffic and more customers, you're doing it the hard way. The fastest, cheapest way to make more money? Get the people who are already buying to spend a little more while they're at it.
This is week four of our Badass Basics series, and today I'm breaking down how to increase your average order value using cross-sells, upsells, and bundles. I'm covering where to put them, how to price them, what to offer, and the real-world examples from my own brick-and-mortar boutique that'll make all of this click.
Why AOV is the lowest-effort, lowest-cost growth lever in your businessThe difference between a passive cross-sell and an active one (and why that matters)How to choose cross-sell products based on actual customer shopping behavior, not guessesThe pricing sweet spot for cross-sells so you don't scare buyers off at checkoutWhere to place cross-sells on your product pages vs. in the cart vs. post-purchaseWhy post-purchase cross-sells convert so well (hint: dopamine)How upsells actually work for physical products and where to implement themThe strategic differences between forced bundles, inventory movement bundles, and curated bundlesWhy build-your-own bundles can backfire if you're not carefulHow to use email to deliver a cross-sell right after someone places an orderHow to layer cross-sells, upsells, and bundles together as a systemFull Episode Show Notes
http://ecommercebadassery.com/372
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