Product Bundling: The Successful Pricing Technique

Product Bundling: The Successful Pricing Technique

Product Bundling: The Successful Pricing Technique
Product Bundling: The Successful Pricing Technique

You need to comprehend consumer wants in order to develop the appropriate product packages. What do they actually want, and how can you provide them with greater value through a bundle?

You can combine complementary goods (such as a printer with replacement cartridges), similar goods (BOGO), or goods that are intended for the same audience but not complementary (e.g., a shampoo and a mascara). A few illustrations of product bundles you can make are as follows:

Examples of “Leader” product bundling


A more expensive, valuable to the client product makes up this kind of bundle, together with one or more less expensive products that are sold alongside the leader product for a set bundle price. An illustration would be a deal that said, “Buy a pair of jeans and pay $1 for any t-shirt of your choosing.”

packages with a set price


For the bundle, you can provide a price. For instance, “Purchase a shampoo and conditioner for $10.”

Delicious realistic burger on chalkboard background

How are product bundles made?


coupons for savings


Your customer’s must enter a discount promo code at checkout in order to use your product bundle if you decide to design it as a discount coupon promotion. This is particularly helpful if you develop customised bundles that are not available to all consumers or that have limitations (for example, just one per customer), and you do not want to ask your clients to log in in order to complete the purchase (which would be needed if it was a cart-level promotion with such limits).

promotion of carts


Without the need for any coupon codes, you can also apply the offer or fixed package pricing in the consumer cart. This makes sense if the bundle is open to the public and has no client limit restrictions.

You will require a strong promotion infrastructure to launch, track, and optimise such price reductions regardless of the product bundling strategy you select. In particular, if you intend to employ promotion personalization. Furthermore, you could wish to add promotion stacking logic to your promotion infrastructure, allowing for the inclusion of product bundles in a site-wide 10% off sale, for example. Creating such skills internally can take a very long time. Personalized product bundles may be quickly and easily created with the help of the API-first Promotion Engine Evolve. We can assist you in quickly launching product packages and establishing any budget-protecting restrictions.


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