What are the best post-purchase upsell offers to increase immediate LTV?

Expert answer · sourced from 8 podcast episodes

Short answer

The best post-purchase upsell offer doesn't risk the initial sale. Because the customer has already paid, you can present a complementary product or small upgrade with zero friction. This capitalizes on their buying momentum to increase average order value without hurting your core conversion rate.

TL;DR

The best post-purchase upsell works because it can't hurt your initial conversion rate. Since the customer has already paid, you've locked in the original sale. As Phillip from Future Commerce explained, this allows you to show a new offer without affecting that first transaction. It capitalizes on the excitement of the moment, what Eric Bandholz on Ecommerce Conversations calls the "high of just placing an order," to increase basket size with zero risk to the initial cart. This is the critical distinction from pre-purchase offers that can add friction.

The most effective offers are either a complementary product or a small upgrade. Nik Sharma made the point on Limited Supply that this is how you turn a one-time buyer into a more valuable customer. Don't overthink it. Lachezar Voynov mentioned on 2X eCommerce Podcast that his clients see a 10-15% AOV increase just from simple Post-Purchase Upsells. You could offer a matching accessory, a sample of a new product, or a subscription to the item they just bought.

Your first step is to analyze your order data and find your most common two-item combinations. That's your first upsell offer.

Cited episodes (8)

  1. eCommerce Fastlane — Get An Instant 20% Revenue Boost With A Customized Cart Drawer Paired With Powerful Upsell Campaigns cover art
  2. Ecommerce Coffee Break — New Year, New Store: Making 2024 Your Best Year On Shopify | #275 Chase Clymer cover art
  3. Ecommerce Conversations — 36 Ways to Revive an Ecommerce Business cover art

    36 Ways to Revive an Ecommerce Business

    #3 · Ecommerce Conversations · Eric Bandholz

    Explains why upselling works best after the purchase is complete, capitalizing on buyer excitement.

  4. eCommerce Fastlane — 1: Learn How To Increase Your Shopify Store Average Order Value cover art
  5. Ecommerce Playbook — 5 Easy Wins cover art
  6. Limited Supply — S4 E9: CAC Size Matters/Shopping Holidays/Chinese Furniture cover art

    S4 E9: CAC Size Matters/Shopping Holidays/Chinese Furniture

    #6 · Limited Supply · with null

    Discusses using post-purchase offers of complementary products or upgrades to increase customer value.

  7. The Bottom Line: Ecommerce Tactics for Profitable Growth — Why Your Offer Matters More Than Your Ad Creative cover art
  8. 2X eCommerce Podcast — The Highest Impact Meta Ad Creatives Types That Are Driving Results Right Now → Lachezar Voynov cover art

    The Highest Impact Meta Ad Creatives Types That Are Driving Results Right Now → Lachezar Voynov

    #8 · 2X eCommerce Podcast · with Lachezar Voynov

    Guest Lachezar Voynov shares the specific AOV lift (10-15%) his clients see from post-purchase upsells.

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