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How Do You Upsell an Existing Customer?

Satrix Solutions

Driving revenue can take on many shapes and forms, with upselling to existing customers being an important contributor to growing profits. The main draw for upselling to existing customers is that it provides a new revenue stream with no (or minimal) additional customer acquisition cost (CAC) that obtaining new accounts require.

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5 Top Customer Service Articles of the Week 7-26-2021

ShepHyken

workers surveyed by consulting firm Eagle Hill said that the employee experience impacts their ability to serve customers. More than just saying, “Thank you,” you can share more product information, get the customer to subscribe to your blog, upsell and cross-sell, ask for reviews, and more. Consider the opening stats.

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Valuable Lessons to Takeaway From This Common Poor Practice

Beyond Philosophy

Moreover, they want to upsell you, which is more likely to occur when you like them. In our business growth consultancy, we use this model to assess the customer-centricity of our clients so we know what areas are doing well, and which one could use some attention. Cable companies are long-term relationships, contractual even.

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3 Contact Centre Trends for 2021

Call Design

During these calls, AI can suggest specific products for your agents to upsell to customers. With our consultative approach, we develop a deeper understanding of your business goals and challenges. Upgrade Old Technology. Updating legacy phone systems might be the best first step for your contact centre to make in 2021.

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6 Pain Points Faced by Gig Customer Service and How Vision Can Solve Them

TechSee

Gartner estimates that by 2022, there will be a 50% increase in one-off issue resolution and consultative services offered on freelance platforms, and Everest Group estimated that U.S. Brand Pain Point #2: Missed opportunities to drive revenue via upsells. Solution: Boost product registration.

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Does Your Chatbot Know the Difference Between a Noun and a Verb?

Inbenta

According to Forrester Consulting, 50% of consumers said they often feel frustrated from their interactions with Chatbots and nearly 40% of these interactions were flagged as negative. The right Chatbot can also be used on your website to help you automate the upsell and cross sell products based on customer conversations or search terms.

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Giving Thanks for Operational Peace: The Unseen Heroes in BPO During the Holidays

Outsource Consultants

Further, this connectivity is not only for maintaining customer relationships but also for efficiently managing a surge in sales during the holidays, focusing on upselling and cross-selling to enhance average order size. With consultancies like Outsource Consultants, you have options to enhance your BPO strategies.