Top 5 popular examples of bundled products and the psychology behind their success
Have you ever scrolled through social media and been captivated by those perfectly curated examples of bundled products? A phone…
Have you ever scrolled through social media and been captivated by those perfectly curated examples of bundled products? A phone…
Unlock the secrets of product bundle pricing with our comprehensive guide. Learn the definition, types, and benefits for Shopify merchants. Master strategies for bundling, marketing, and performance analysis to avoid common mistakes and boost sales
Imagine this: a customer adds a single item to their cart on your Shopify store and then clicks away. It’s a familiar scenario for many store owners, leading to a stagnant average order value (AOV).
The good news is there’s a powerful strategy that can significantly boost your AOV without needing constant new traffic: upselling. Studies show the effectiveness of upselling techniques.
According to Harvard Business Review, businesses that implement upselling effectively see a 20% increase in customer lifetime value.
Additionally, Now Dialogue reports that e-commerce sites using upselling techniques experience an average order value increase of 10-30%.