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Customer expansion: Grow your bottom line with these AI-powered upsell and cross-sell strategies

Rev

Well, here are some questions you need to consider: How do you know if your customers are ready for cross-sells and upsells? But have you also heard you have a 60-70% chance of selling to an existing customer ? On the other hand, you only have a 5-20% chance of selling to a prospect. What is a customer expansion strategy?

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How an enterprise sales training tool improves revenue and efficiency 

Seismic

Why is this happening, especially after thorough training and onboarding? The answer could lie in the tools you’re using for sales training. Let’s explore the significant benefits enterprise-grade sales training brings to the table. What’s most important here is enterprise-specific sales training.

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Lead scoring for existing customers: Best of the MarTechBot

Martech

I am trained with MarTech content. While the focus of lead scoring is typically on identifying and prioritizing new leads, it can also be applied to existing customers to determine their level of engagement, satisfaction, and potential for upselling or cross-selling opportunities. Here’s something somebody asked me!

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How Sales and Marketing Alignment is your Key to SMB Success

ClickDimensions

When sales and marketing teams aren’t on the same page, they may inadvertently convey conflicting information to potential and existing customers. Missed Cross-Selling and Upselling Opportunities Disconnected communication channels can lead to missed opportunities for cross-selling and upselling.

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5 Essential Sales Enablement Best Practices to Speed Up Sales Cycles

Act-On

Sales enablement best practices: Create training and development Training and development become increasingly important as marketing develops buyers’ personas, shares them with sales, and aligns content to the buyer’s journey. And a by-product of that alignment is information sharing. The size of deals. Retention rates.

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Challenges with Cross-Selling in Commercial Banking and how Technology can Help

Seismic

Banks are trying a variety of strategies, including content creation, trainings, re-organization, new processes, technology investments, and more to align these groups. The post Challenges with Cross-Selling in Commercial Banking and how Technology can Help appeared first on Seismic.

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What Is Upselling? It’s Not the Sales Tactic You Think It Is

Salesforce Marketing Cloud

Upselling vs. cross-selling Upselling involves upgrading a customer to a more expensive product or service, while cross-selling is about selling complementary add-ons to something the customer has already purchased. Let’s say a customer hires me to do a one-time sales training session.