Can you explain how bundling products can help increase sales?
Bundling products can increase sales by offering customers a perceived value, encouraging them to buy more.
What are some examples of successful bundling strategies?
Successful bundling strategies include offering a discount on a set of related products or creating a subscription box.
Are there any risks associated with product bundling?
Yes, risks include potential loss of profit margins and confusing customers if the bundles are not well-defined.
How can I determine the right products to bundle?
Analyze customer purchasing patterns and consider complementary products that enhance the overall value.
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