Special product bundles have been a retail strategy to stimulate sales. Bundles consist of two or more products or a product with a special offer. At retail, physical bundles are created by putting two or more products into the same box or by strapping the products together to form a "hard" bundle. A new SKU number is created and assigned to the new "package" so it can be stocked, inventoried, and merchandised.
Online stores have an advantage over retail because they can create "virtual" bundles. Virtual bundles put the products or special offers together on the product detail page—the online "package." The virtual bundle is also assigned a new SKU number. Fulfillment can be notified to "pick and pack" those items that make up the bundle. Virtual bundles save on production costs and labor, because a physical hard-bundled product is not required. A hard bundle is created virtually through putting the separate items into the same shipping box.
These elkits require special merchandising treatments, however, because they are mot physically bundled items in one package. New photos may be required to show the bundle contents. All product categories are eligible for bundling. Dresses with handbags, crafts with tools, printers with cartridges, and dog food with dog toys are a few combinations. Bundles are limited only by the imagination and distribution capabilities. Bundles provide you a competitive advantage by providing "new" exclusive items for your target customers.