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The $100 MBA Show

MBA2454 Do Checkout Upsells Work?

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.91.2K Ratings

🗓️ 12 April 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Are you curious about checkout upsells – are they just another sales trick, or can they really shake things up for your business? Well, get ready to dive into this age-old debate in today's episode.

Transcript

Click on a timestamp to play from that location

0:00.0

Heyo! Welcome to the $100 MBA Show business Strategies you can count on with our practical

0:14.6

business lessons. I'm your host, your coach, your teacher Omar at home and in

0:19.5

today's lesson you will learn do do Check Out Sales Work?

0:23.7

You know what I'm talking about when you are at Checkout online, and they offer you a special offer,

0:30.3

something to add to the cart if it's e-commerce, a one-time offer, do these things actually work?

0:36.5

Should you be implementing them in your business, on your website, in your check-out process?

0:42.2

Some people love them, some people hate them.

0:44.3

Despite how you feel today, we're going to plow through and we're going to discuss

0:48.8

the facts. We're going to see statistically if this actually is good for business or bad for business.

0:54.4

So let's get into it, let's get down to business.

0:57.6

Check out Upsells is nothing new.

1:00.1

I mean picture this, you're at the grocery store and you're going to check out what do you see

1:03.7

chocolates and candies and gums and mints and magazines and tabloids you get the point this is not

1:10.0

something new this is something that's been around for a very long time. In retail this is called

1:15.0

Point of sale up sales. Point of sales where you actually make the sale which is

1:19.0

the register and they know that people will buy when they're in the buying mood or when they're in the

1:24.6

checkout process.

1:25.6

And that's why they place those items at the checkout.

1:28.8

You also notice that these are not high cost items.

1:31.0

They're lower cost items.

1:32.4

There are things like candy bars and gum, things that are, you know, under $10.

1:37.7

And it's because they want you to buy these things without even thinking about it.

...

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