Bundling Systems for the Air Force
Many commercial organizations have found that bundling systems cuts their total costs and improves service, a goal shared by the Air Force. At the same time, federal organizations must comply with laws that support small businesses and may be prohibited from bundling services that are beyond the capabilities of those companies. RAND’s suggested methodology is designed to help the Air Force decide when and how to bundle and to do so in a way that satisfies these diverse goals.Go here :bundliningsystems.co.uk
Product bundling groups complementary products together to create a new product with a unique SKU. This strategy increases the value in the eyes of customers and is an effective way to drive more sales and increase revenue. For example, a distributor might offer a bundle of glass cleaner and surface wipes to increase sales and boost margins.
Maintaining and Inspecting Bundling Systems: Best Practices
Price bundling offers a discount on multiple products when purchased together. The idea is to maximize consumer surplus by making a larger group of items seem like a good deal even though each item has its own cost. A common example is the buy-one-get-one (BOGO) discount offered by electronics retailers.
Bundling slow-moving inventory with popular items helps clear out aging inventory and increases the perceived value of the bundled products to customers. Distributors can also use this strategy to create a new product line by pairing a slow-moving product with a more popular one to sell the resulting bundle at a discounted rate.