10 Up sell Strategies That Will Increase Your Profits

10 Up sell Strategies That Will Increase Your Profits by: William R. Nabaza of http://www.Nabaza.com As you know it can be very expensive to attract new customers. You can cut down on those expenses by "up selling" to those new customers. For example, let's say you're selling a computer with a 15" monitor for $120. You tell people they can upgrade to a 17" monitor for only $200 more. That's up selling! Your goal is to get more money out of the first sale. Below are ten up selling strategies you can use to increase your profits. 1. Deluxe Up sell-You could sell a basic product and tell people for a little more money they can receive the deluxe edition. 2. Money Up sell-You could offer people the rights to sell the product they are buying from your business. You could charge an extra $30 dollars to get the reproduction rights. 3. Discount Up sell-If you're selling a product people may order again in the future like shave gel, you could offer them a second can of shave gel at a discount. 4. Time Up sell-If you're selling a product or service people subscribe to, like a magazine, you could tell them if they subscribe for two years instead of one, they can receive it half off the cover price. 5. Quantity Up sell-This is similar to the discount up sell. The only difference is you increase the discount by how many products they order. If they order 3 it's a 10% discount, if they order 5 it's a 15% discount. 6. Package Up sell-When you're selling a product you could offer similar products in a package deal. Tell the people the other products are cheaper with the package deal versus purchasing them separately. 7. Affiliate Up sell-When you're selling a product you could offer someone else's product as an up sell. You would have to make a commission on the product in order to profit. 8. Free Up sell-You could offer a free sample or trial of your product (your first sale would be free) and then tell people if they order the full version right now they will get a discount. 9. Extra Up sell-There are many things you could charge extra for at the time of sale. It could be gift wrapping, imprinting, custom designs, etc. 10. Extended Up sell-If your product comes with a warranty, you could ask people if they would like to extend the warranty one more year for only $30. In conclusion, you can use one or all these strategies to increase your profits at the point of sale. Don't be afraid to use your imagination to come up with other up sell strategies. ---- William Nabaza of http://www.Nabaza.com specializes in domains, webhosting, webmaster's tools, netpreneur's articles and resources. Stands out as a freebie provider, business opportunity provider and the like. Visit his site at http://www.nabaza.com or contact him directly at william@nabaza.com http://www.nabaza.com/resources.htm