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Learning cross-selling from peers: How networking affects cross-selling and sales performance
Bamberger, Boas
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Ruhnau, Robin-Christopher
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Wahlig, Dominik
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Publisher:
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Monfort, Abel
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URL:
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http://proceedings.emac-online.org/index.cfm?abstr...
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Additional URL:
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http://proceedings.emac-online.org/pdfs/A2021-9396...
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Document Type:
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Conference presentation
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Year of publication:
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2021
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Book title:
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50th EMAC Annual Conference : May 25 - 28, 2021, ESIC Business and Marketing School, Madrid: proceedings
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Page range:
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tba
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Conference title:
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50th EMAC Annual Conference 2021
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Location of the conference venue:
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Madrid, Spain, Online
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Date of the conference:
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25.-28.05.2021
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Place of publication:
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Brussels
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Publishing house:
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European Marketing Academy
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Publication language:
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English
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Institution:
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Business School > Business-to-Business Marketing, Sales & Pricing (Homburg 1998-)
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Subject:
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650 Management
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Keywords (English):
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networking , cross-selling , social learning
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Abstract:
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This article investigates how salespeople learn to cross-sell successfully. Although cross-selling is a top strategic priority for many firms, many fail to do it successfully. Surprisingly, research largely neglected this managerially relevant topic. Drawing on social learning theory, we theorize and test (1) how networking facilitates learning to cross-sell and (2) how cross-selling affects individual sales performance. To this end, we collect multisource data, including survey data and archival data, from 262 B2B salespeople. Notably, we pioneer measuring cross-selling performance using objective data. The results reveal that networking behavior increases cross-selling behavior through networking performance, suggesting networking facilitates social learning of how to cross-sell. Moreover, we find that cross-selling strengthens salespeople's customer retention and sales revenue. However, cross-selling also has a dark side as it harms customer acquisition and profitability.
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