Investing Your Employees in the Upsell | Retail Today With Bob Phibbs, the Retail Doctor - Flash Briefing episode artwork

EPISODE · Oct 10, 2019 · 1 MIN

Investing Your Employees in the Upsell | Retail Today With Bob Phibbs, the Retail Doctor - Flash Briefing

from Retail Today with Bob Phibbs, The Retail Doctor · host Retail Today with Bob Phibbs, the Retail Doctor

  McDonald's back in the 80s instructed all their cashiers to say, "Do you want fries with that?" What that did was, it got the average ticket to go up, but unfortunately got a lot of pushback from employees. "I don't want to say the same thing over and over again." Eventually, they abandoned that just for their Value meals. Smart retailers know that upselling and cross-selling are the very best way to add on and get more money, especially to help you with your margin. So, today I want you to train how to upsell your employees, using their own purchases. So, if they came in with a giant Big Gulp or a big Frappuccino or a Zombie Frappuccino or something, ask them why they didn't they get the basic one? Why didn't they get the smaller one? Why didn't they get the cheaper one? They'll realize that, "Oh, I upsold it because I was thirstier than that." Or any number of things. When you tie their own behavior into, so that's all we're doing, is to get more value, to get the customer to feel like they got more options. Then they start to understand, "Oh, I do upselling all day." That's the point. That cross-selling and upselling adds to your profit margins if you do it consistently. If you love what you heard on Retail Today, connect with Bob by visiting retaildoc.com or send a message to [email protected]. Thanks for listening!

Episode metadata supplied by the publisher feed · Published Oct 10, 2019

Embed this episode

NOW PLAYING

Investing Your Employees in the Upsell | Retail Today With Bob Phibbs, the Retail Doctor - Flash Briefing

0:00 1:19

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Retail Today with Bob Phibbs, The Retail Doctor?

This episode is 1 minute long.

When was this Retail Today with Bob Phibbs, The Retail Doctor episode published?

This episode was published on October 10, 2019.

Can I download this Retail Today with Bob Phibbs, The Retail Doctor episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!