Some organizations focus on selling additional products to the same buyer. Cross-selling works well for office provide companies and banks, in addition to on-line retailers. By growing the quantity of product offered per buyer, you probably can increase the average cart size.
Attack vs. Defend—McKinsey & Company emphasizesthat companies would do nicely to categorize their potential threats and alternatives in digital business, then examine these towards their very own objective. This clarifies whether a proactive or defensive stance needs to guide new initiatives. It’s essential to remember that digital strategy is each a concept and a thing — that’s, a digital strategy should ultimately lead to the creation of a concrete plan or roadmap. While you probably can hold changing the precise techniques you’ve determined to pursue, there must also be a transparent commitment to your understanding of what digital means on your firm. Further, you acknowledge and agree that …