E-Commerce Dictionary
Bundling
Definition
Marketing strategy that involves offering several products for sale as one combined product.
Deep Dive
Bundling is a strategic marketing technique where businesses group several individual products or services together and offer them for sale as a single, combined package, often at a reduced price compared to purchasing each item separately. This strategy aims to enhance perceived value for the customer by providing convenience and cost savings, while simultaneously allowing businesses to boost sales volume, clear excess inventory, and introduce new products alongside established ones.
Examples & Use Cases
- 1A fast-food restaurant offering a "meal deal" that includes a burger, fries, and a drink at a single price
- 2A software company selling a "suite" of applications (e.g., word processor, spreadsheet, presentation software) as one comprehensive package
- 3A telecommunications provider offering a "triple play" bundle of internet, TV, and phone services.
Related Terms
Cross-sellingUpsellingProduct StrategyValue Proposition