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

Climate-governance entrepreneurship, higher-order learning, and sustainable consumption: the case of the state of Oregon, United States

TL;DR: The ongoing devolution of climate policy-making to sub-national levels has prompted growing interest in policy entrepreneurship by individuals who are politically and technically creative and insti... as discussed by the authors.
Journal ArticleDOI

Determinants of environmental strategy in the automotive sector: Analysis of key factors

TL;DR: In this article, the authors analyze the key factors that lead a firm to implement a particular environmental behavior that translates into a specific environmental strategy, such as firm size, management attitude toward the environment, and perceived importance of the stakeholders in influencing the firm's environmental practices.
Journal ArticleDOI

Keeping pace with change in SMEs: creating and maintaining congruence and consistency in SMEs in transition economies

TL;DR: In this article, the authors argue for congruency, as well as consistency, across ten key areas of leadership practices to meet the ongoing challenges associated with transporting entrepreneurship into transition economies, where managers need to be skilful in modifying workplace practices and procedures to create shared perceptions that support innovation and entrepreneurship.
Book ChapterDOI

Action Learning: Lecturers, Learners, and Managers at the Center of Management Education in Brazil

TL;DR: The management education in Brazil is closely linked with formal education at university and college level and focused on principles and practices of traditional education, in spite of the concern of scholars that call for innovations in managerial education and the development of professional competencies related to management of organizations and the present problems that affect society and require new strategies as mentioned in this paper.
Journal ArticleDOI

Resource advantage theory and fair trade social enterprises

TL;DR: In this paper, the authors investigate the competitive position of both fair trade (FT) social enterprises Divine Chocolate Ltd (Divine) and Cafedirect in their respective UK markets, namely chocolate confectionery and hot beverages.
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.