What is the impact of cross-selling and up-selling on customer loyalty?
Cross-selling and up-selling are two popular sales strategies that aim to increase the value and volume of purchases from existing customers. They can also have a significant impact on customer loyalty, which is the degree to which customers are satisfied, engaged, and committed to a brand or business. In this article, you will learn how cross-selling and up-selling can affect customer loyalty, both positively and negatively, and what best practices you can follow to maximize the benefits and minimize the risks of these techniques.