Cross-selling is defined as selling a related product to a current consumer. You can do this at various opportunities throughout the purchasing journey, for example, while the customer is making a purchase or afterward once they have used the product.
The aim of cross-selling is to enhance the order value by suggesting extra items that the customer is likely to have an interest in based on what they have already purchased or are currently buying.
In this blog post, we are going to take a look at cross-selling for online security products specifically, so continue reading to discover everything you need to know.
Use story-telling
When getting the conversation about cybersecurity started with businesses, you need to educate your target market. Story-telling is an extremely effective way of doing this.
You need to make sure that you inform businesses of the current state of cybersecurity in regards to SMBs. Educate them on the impact this is having on companies like their own, as well as the resolution to solving this business challenge.
You can use reports and survey statistics to back up what you are saying. As cybersecurity is a hot topic at the moment, this should not be too difficult. You can simply point them to some news stories and they will quickly be able to see for themselves.
Relevance is key
You need to keep your audience’s maturity level in terms of cybersecurity in mind. Technology under the hood is not going to impress the typical SMB.
Don’t assume that SMBs are going to know all of the technical terminologies and advanced solutions that are out there. You need to implement cross-selling in a way that matters to them.
Be strategic
What are your audience’s motivations? You need to keep this in mind. Think about what is going to be most important for them.
You will find that most businesses are going to require a mixture of security products in order to effectively execute their strategy. This can be anything from network segregation and advanced firewalls to secure VPNs and two-factor authentication.
However, if you are going to cross-sell all of these products effectively, you need to tie them back to one thing that your customers care about the most.
For example, let’s say that your client owns a restaurant, and they are focused on migrating to a table-top POS system, as well as providing guest Wi-Fi for all diners. There are so many security risks here, and so you can use this as the basis of your pitch and to promote numerous security products that they are going to need.
Ensure you are practical in your approach
Your approach also needs to be a practical one. Cybersecurity is shifting all of the time. You need to recognize where your clients are at the moment and where they need to be.
You also need to understand their budget and agree on a practical timeline. What sort of products can you cross-sell that fits in with their timeline and their budget? There’s no point trying to add on products that are going to be completely out of reach for your audience.
Measure your cross-selling strategy
Last but not least, you need to make sure that you measure your cross-selling strategy effectively as well. You’re never going to know how you are performing if you do not measure your efforts.
You will be able to see what sort of products are performing well when being pushed for a cross-sell, as well as figuring out what your audience is most interested in out of everything that you have available.
You can use this information to continue to hone your strategy to make sure that you increase the success of your cross-selling efforts.
As you can see, there are a lot of different factors that need to be considered when it comes to putting together a cross-selling strategy for online security products. Online security is one of the best industries for cross-selling, as customers will usually require more than one product or service. However, you need to carefully consider your approach to make sure that this is done effectively.
This article does not necessarily reflect the opinions of the editors or management of EconoTime


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