Bundling, like a Meal Deal, can be a cost-saving for customers and a lucrative marketing strategy for distributors and cleaning contractors.
As we make our way out of the pandemic, product and service bundling appears to be growing more common and importance.
According to Michael Wilson, vice president of marketing for AFFLINK, developers of Rest Assured, a bundle of products designed to protect human health at home, in school, and at work, “before the pandemic, customers often purchased a case of disinfectants or a case of ready-to-use antimicrobial sprays, not knowing if they worked together or not.”
“Now, due to the pandemic, ‘trial and error’ purchasing like this, especially when it comes to infection control, is over. Customers want a ‘meal deal.’ They want to select several products that complement each other and work together.”
Bundling can be a cost-saving for customers and a lucrative marketing strategy for distributors and cleaning contractors.
But to realize these benefits, Wilson says we must understand some key terms related to product bundling, such as:
Meal Deal Bundling
Bundling is a pricing strategy. It allows distributors and facility service providers to market several products or services at one price.
When two or more products are only sold together. “For instance, some cable service providers provide add-on channels only as part of a package; the channels cannot be selected individually,” explains Wilson.
This is when two products are offered together at one bundled price. However, unliked pure bundling, they are usually designed to work together.
When popular selling products – known as “leaders” – are sold with less popular selling products. The less popular selling products are usually accessories of the leader product.
Mixed Leader Bundling
This is when a leader product is sold as a bundle but can be purchased on its own. There usually is a cost advantage, however, for purchasing it as part of a bundle.
“It’s a bit surprising that bundling is not more common among jansan distributors and facility cleaning providers,” adds Wilson.
“It is popular in other industries, and now due to COVID, likely will become much more widespread in the jansan industry as well.”
Editors: The AFFLINK name is trademarked and always capitalized, thank you.
Connecting more than 200 manufacturers of Facility Maintenance, Packaging, Safety, Office and Industrial Supply solutions with over 350 independent distribution experts, AFFLINK is, just as its name suggests – that critical link offering clients innovative products, market expertise, and improved profitability, all of which is fueled by our leading-edge information technology. For more info, visit: http://www.afflink.com/
Michael Wilson, vice president of marketing and packaging
1400 AFFLINK Place
Tuscaloosa, AL 35406
Media Contact: Robert Kravitz