Bundlings
Bundlings is the plural form of bundling, the act of combining two or more items, services, or concepts into a single unit. In business, bundlings describe the creation of bundles, such as product bundles or service bundles, where items are sold together at a combined price rather than individually. The goal is to enhance perceived value, increase sales, and reduce transaction costs for buyers.
In media and software, bundlings often take the form of suites or packages, such as office software
Economics and competition: Bundlings can improve efficiency and can be beneficial for consumers when bundles align
Applications: telecom bundles (phone, internet, TV), software bundles (operating system plus applications), media streaming bundles, game
Variants: pure bundling requires consumers to take the bundle, mixed bundling offers both bundle and individual
History: Bundling has a long historical presence in trade, from packaged goods to modern digital bundles.