What are some common mistakes people make when bundling products?
Some common mistakes include not understanding customer needs, overcomplicating the bundle, and mispricing.
Can you explain why understanding customer needs is important?
Absolutely! Understanding customer needs helps ensure that the bundled products are relevant and valuable to them.
What do you mean by overcomplicating the bundle?
Overcomplicating can confuse customers. If a bundle has too many items or options, it may deter purchases.
How can I effectively price my product bundles?
Effective pricing involves analyzing costs, competitor pricing, and perceived value to ensure attractiveness and profitability.
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