DiversifyRx - October 2024

Master the Art of the Upsell How Upselling Daily Can Lead to Massive Success

Continuing our journey through the 75 Hard Challenge for Pharmacy Owners, we’re diving straight into Rule No. 2: Offer an upsell for every transaction. While it might sound simple, this rule is a game-changer for boosting profits and strengthening your team’s consistency in delivering exceptional customer service. UNDERSTAND THE POWER OF A SIMPLE UPSELL. Imagine this: If your pharmacy adds just $5 in extra profit to each transaction, you could be looking at a couple thousand dollars in additional profit by the end of the month. It’s not about pushing high-ticket items every time; it’s about creating a habit — both for your employees and your customers. The key is consistency, whether you’re recommending Chapstick, cough medicine, or a $100 supplement. This rule isn’t just about making more money; it’s about leadership. As a pharmacy owner, you’re not ringing up every transaction. The challenge lies in getting your team on board and ensuring they consistently offer that little something extra with each sale. This consistency can lead to significant results, not just in terms of revenue but also in enhancing the overall customer experience. TRAIN YOUR TEAM FOR SUCCESS. The success of this rule hinges on your ability to train your employees effectively. It’s about helping them develop a natural habit of asking customers if they need anything else. The upsell doesn’t have to be specific every time, but it should be something that makes sense, given the context of the purchase. For example, if a patient is picking up an antibiotic, your team should be trained to suggest a probiotic to go along with it. Alternatively, they could recommend something as simple as a popular fidget toy at the register. The goal is to make the

Check Out Our Guide On How To Train Your Staff

upsell feel like a natural part of the transaction, not a forced or awkward add-on. Our members have access to multiple resources to help train your staff and increase upsells. We offer cheat sheets and guidelines that suggest complementary products based on what the customer is already buying. With an average of 50–70 transactions a day, just a $5 upsell per transaction could translate into an extra $250 a day, which, over a five-day workweek, adds up to over $5,000 a month in additional profit. That’s a significant boost for just a small change in approach. CAPITALIZE ON THE SEASON. Now is the perfect time to implement this upsell strategy. As we move into cold and flu season, customers are already in the mindset of purchasing extra health-related items. They’re thinking about vitamins, hand sanitizers, and over-the-counter medicines. This seasonal demand provides the perfect opportunity to train your team to capitalize on what customers are already looking for, turning their needs into added revenue for your pharmacy. If you consistently offer upsells during this busy season, you’ll increase your profits and position your pharmacy as a go-to resource for health and wellness. Your customers will appreciate the thoughtful suggestions, and your team will gain confidence in their ability to boost sales through these small, consistent efforts. START STRATEGIZING AND GET STARTED. To help you and your team get started, we’ve made accessing resources to guide your upsell strategy easy. Simply scan the QR code provided to find out what to suggest and how to train your staff effectively. Once you do, you’re well on your way to mastering the art of the upsell, increasing your profits, and setting your pharmacy up for long-term success. So, are you ready to take on Rule No. 2 of the 75 Hard Challenge for Pharmacy Owners? With consistency, training, and the right resources, you’ll see just how impactful this simple rule can be for your business.

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