Young Entrepreneur Forums  
en•tre•pre•neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
Find Qualified Vendors
 Welcome to the Young Entrepreneur Forums   
NBTL NBTR

Find Business Partners Get Involved in Startups Commercial Real Estate Startup Jobs Find Business Opportunities





Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 09-12-2009, 11:20 PM   #1 (permalink)
Senior Member
Fadzuli's Avatar
Activity Longevity
2/20 5/20
Today Posts
0/0 ssssss157
Location: Singapore
Send a message via MSN to Fadzuli
Upselling statistics

Hi guys,

Have you guys tried this method before. I always hear that Mc Donalds started this concept of upselling from their staff asking us.."Sir do you want to upsize, that's 50cents more and you can get this and that"..

Just based on that 50cents upsize, Mc Donalds actually made more millions than they did previous years before they started it.

So just want to know have you tried upselling your products/services from your CORE products/services?

What are your statistics of people getting those upsells?
Out of 10 customers - 2 get the upsells - 20% conversion
Out of 10 customers - 5 get the upsells - 50% conversion

Some sharing from you would be great too.
__________________


ENTREPRENEURSHIP JOURNEYS
WWW.FADZULI.COM
Fadzuli is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Sponsored Links
Old 09-13-2009, 02:39 AM   #2 (permalink)
Senior Member
feint's Avatar
Activity Longevity
3/20 3/20
Today Posts
0/0 ssssss128
Location: Canberra, Australia
For online startups (SAAS) like Remember the Milk, the conversion rate from free accounts to paid is around 2-5%.
__________________
Task.fm - As seen on the Today Show. Easy, Free Reminders!
feint is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Navigation
Register! - Join Now - It's Free
Registration at YoungEntrepreneur.com is completely free and takes only a few seconds. By registering you'll gain:

- Full Posting Privileges.
- Access to Private Messaging.
- Optional Email Notification.
- Ability to Fully Participate.

To Register now click here
Quick Register - It's Free
User Name:
Password:
Confirm Password:
Email:
Confirm Email:
Birthday:  
Check to Agree with the forum rules. 
Follow me on Twitter!


Forum Sponsors


Click here to inquire about advertising
SEO by vBSEO 3.2.0
Powered by vBulletin® Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright 2007 YoungEntrepreneur.com Inc. / YoungEntrepreneur.com : Entrepreneur Marketing Forum