Additional Products
Additional products refer to products that are related to a company’s core products or services but are not part of its main product line. These products are designed to complement or enhance the value of the core products and provide additional revenue streams for the business. Examples of additional products include accessories, add-ons, and upgrades for existing products, as well as complementary services that can be bundled with the core product.
The goal of offering additional products is to increase customer value and satisfaction by providing them with a complete solution that meets their needs. By offering additional products, companies can also increase their revenue and profitability by leveraging their existing customer base and expanding their product offerings. Additionally, offering additional products can help companies differentiate themselves from competitors and create a stronger brand image.
Overall, additional products can provide significant benefits to businesses by increasing customer value, revenue, and brand recognition. However, it is important for companies to carefully select and design additional products to ensure that they align with their core products and meet the needs of their target market.
Additional Products DEFINITION:
Additional Products QUOTE:
"Additional products are the silent salesman for your main product." - Shiv Khera
Additional Products VIDEO: