How can I implement bundled pricing for my products?
An example of an AI chatbot conversation about implementing bundled pricing strategies.
How can I implement bundled pricing for my products?
Bundled pricing involves offering multiple products together at a lower price than if purchased separately. What products are you considering bundling?
I'm thinking about bundling my software with a training course.
That sounds great! You could offer a discount on the training course when purchased with the software. Have you thought about the pricing structure?
Not really, how should I determine the price for the bundle?
You can start by calculating the total price of the individual items, then decide on a discount percentage that makes the bundle attractive. What are the individual prices?
The software is $100 and the training course is $50.
A common approach is to offer a 20% discount on the total, making the bundle $120 instead of $150. Would that work for you?
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