scispace - formally typeset
Open AccessJournal Article

Bundling--new products, new markets, low risk.

G D Eppen, +2 more
- 01 Jan 1991 - 
- Vol. 32, Iss: 4, pp 7-14
TLDR
Eppen, Hanson, and Martin this paper argue that the best approach is to treat bundles not as marketing gimmicks but as new products, and they offer seven guidelines for creating competitive bundles and a framework for implementing them.
Abstract
It has long been a marketing axiom that customers buy bundles of satisfaction, not products. It follows, then, that they'll respond to certain combinations of products and services--air conditioners with free installation, combinations of software packages, or season tickets with parking privileges. The difficulty is in devising the bundles that both appeal to consumers and give cost or demand enhancing benefits to the producer. Eppen, Hanson, and Martin argue that the best approach is to treat bundles not as marketing gimmicks but as new products. They offer seven guidelines for creating competitive bundles and a framework for implementing them.

read more

Citations
More filters
Journal ArticleDOI

'How to learn to be adaptive?' An analytical framework for organizational adaptivity and its application to a fish producers organization in Portugal

TL;DR: In this paper, an analytical framework for studying organizational adaptivity is presented, which is applied to a case study of the ArtesanalPesca fish producers organization from Sesimbra in Portugal to empirically explore the relative weight of the factors contained in the framework and the relations between them.
Book ChapterDOI

A Conjoint Analysis-Based Procedure to Measure Reservation Price and to Optimally Price Product Bundles

TL;DR: The use of mixed bundles where buyers have the choice to buy either the bundle or the individual items has recently become increasingly popular as discussed by the authors and is the so-called mixed bundling strategy (Guiltinan, 1987).
Journal ArticleDOI

Learning Teams and Virtual Communities of Practice: Managing Evidence and Expertise Beyond the Stable State

TL;DR: In this article, the authors present a case study of this effort including a description of how to use learning to change practice in social service organizations and social workers across the country to achieve the best outcomes for the people they serve.
Journal ArticleDOI

Optimal bundling under imperfect competition

TL;DR: In this paper, the authors examined the profitability of bundling for a two-product seller of differentiated products facing competition from a one-product rival in the presence of imperfect competition.
Journal ArticleDOI

Managing through Collaborative Networks: A Twenty-First Century Mandate for Local Government

TL;DR: Local governments face a conundrum; a structural decline in revenues concurrent with a complex environment where service responsibility must be viewed as multijurisdictional, multigovernmental, and...
Trending Questions (1)
How can we enternew markets, products, services, attract attention and reduce business risk?

By creating competitive bundles that appeal to consumers and provide cost or demand enhancing benefits, businesses can enter new markets, attract attention, and reduce business risk.