What strategy involves encouraging a customer to upgrade to a more expensive product or service?

Prepare for the NRF Foundation RISE Up Certification. Utilize flashcards, multiple choice questions, and explanatory hints to enhance your readiness. Boost your confidence and excel in your exam!

Upselling is a strategy where a salesperson encourages a customer to purchase a more expensive product or service than originally intended. This technique aims to increase the overall value of the sale by highlighting the features, benefits, or added value of the higher-priced option. For example, if a customer is looking to buy a basic smartphone, the salesperson might present a premium model that offers advanced features like better camera quality or increased storage capacity, effectively prompting the customer to spend more for enhanced benefits.

In contrast, cross-selling refers to suggesting complementary products alongside the main item, discounting involves reducing prices to spur sales, and bundling packages multiple products or services together for a single price. While each of these strategies plays a role in boosting sales, they serve different purposes than upselling, which specifically focuses on enhancing the sale by guiding customers toward more premium options.

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