Add on selling
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Transcript of Add on selling
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Akash C.Mathapati
Add-On Selling
Akash C.Mathapati
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Akash C.Mathapati
Add on Selling It is a practice used by sales people to add
more money to a sale that is already at the point of being purchased
Ask retail sales reps if they typically add on to the original sale ?
Add on selling helps in putting money to your pocket
Add on selling saves customer time and aggravation
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Akash C.Mathapati
Contemporary Practices
In today’s business practices, add-on selling has been used to sell everything from fast food to insurance
sectors where add-on selling is being introduced is in social media, where customers or advertisers can pay to reach the core demographics they wish to target
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Akash C.Mathapati
Newsstand sales avg 5.5 m copies, more than the avg newsstand sales of Time, vogue, self and Martha Stewart Living
75% of all O copies placed on newsstands around US are sold, compared with an avg of 50% for other successful magazines
210,000 subscriptions had come in through oprah.com making the web site probably the most successful example of date of a closely watched source of magazine subscriptions
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Akash C.Mathapati
Example of Oprah and Add-on Selling The value of the product or service:
For viewers who enjoy The Oprah Show, each additional product winfrey sells provides further sources of enjoyment e.g., celebs
How the product fits in with the firms other products Winfrey’s portfolio of products – O, Oprah’s Book Club,
Oxygen Media and Harper Productions Reflects the core messages of her shows Inviting guests on show & for columns
E.g., Dr.Phil McGraw – Tell it Like It is, Dear – Abby Financial freedom What I know for sure
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Akash C.Mathapati
Customer Affinity The affinity the customer has with the firm
Each week an estimated 22 million viewers tune into the show
National debut in September 1986 32 Emmy Awards Managed affinity by her viewers/customers Sharing the most of the aspects of her life
Combination of the relationship a customer has with a firm and the expertise that the customer believes the firm possesses
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Akash C.Mathapati
Concept of customer affinity flows from the premise that a firm can apply its customer relationships and customer perceptions of its expertise to related products
Branding can contribute to the affinity
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Akash C.Mathapati
Specific Marketing Communication aimed at the customer O is not marketed 1 to 1 Winfrey makes personal appeals to her customers on
her show and her websites Encourages viewers/customers to connect with one
another and discuss themes in the magazine or special