August 22, 2025

Pricing Your Product Bundles to Maximize Revenue

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Example of a product bundle product page

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In this guide, we break down how product bundling works and the best way to price your bundles to achieve the maximum impact on your store's revenue.

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Angela Sokolovska
Ecommerce expert

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Bundling products is more than pairing items together, it’s a revenue-driving strategy that taps into customer psychology, increases average order value (AOV), and helps you move inventory more efficiently. For ecommerce merchants, bundles can be a way to deliver a smoother shopping experience while subtly guiding customers toward higher-value purchases.

When executed well, product bundles:

  • Increase perceived value by offering “more for less” compared to buying items separately.
  • Simplify purchasing decisions, customers don’t need to weigh multiple product options when they’re presented with a ready-made solution.
  • Boost profit margins by pairing high-margin items with lower-margin ones.

In this article, you’ll learn how to design, price, and market bundles that actually convert, supported by real-world ecommerce examples and data-backed insights. 

We’ll break down:

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The Psychology Behind Product Bundling

Smart bundling works because it speaks to how the human brain weighs value, effort, and risk. When done right, it doesn’t just sell more products. Effective bundling moves more inventory while also influencing the way customers perceive your store and the value you offer.

1. Perceived Value – Anchoring the deal in their mind

When customers see multiple items packaged together, they often overestimate the combined worth – even if the bundle price is only slightly lower than buying each item separately. This taps into the anchoring effect, where people rely heavily on the first price they see when making decisions.

anchoring effect
  • Merchant takeaway: Show the separate prices of each item alongside the bundle price to create a strong anchor and reinforce the perceived savings.

2. Simplification – Fighting decision fatigue

We make an estimated 35,000 decisions a day. In ecommerce, too many options can push people to abandon their cart altogether. Bundles remove friction by pre-selecting complementary items, making the buying decision feel easier and “already solved.”

fighting decision fatigue
  • Merchant takeaway: Use purchase history or site search data to identify natural product pairings (e.g., camera + memory card, skincare cleanser + moisturizer). Present the bundle as the “most popular” or “recommended by experts” option.

3. Loss Aversion – Creating urgency to act

Humans are more motivated by avoiding loss than by gaining an equivalent benefit – a principle proven by the Nobel Prize–winning research from Daniel Kahneman and Amos Tversky.

The principle is often simplified as: 

“The pain of losing $10 feels worse than the joy of gaining $10.”

Limited-time or exclusive bundles trigger the fear of missing out (FOMO), making customers more likely to purchase now.

Clearly communicate scarcity
  • Merchant takeaway: Clearly communicate scarcity (e.g., “Only 200 sets available” or “Bundle offer ends Sunday”) to drive urgency.

Sephora frequently offers “Value Sets”– bundles that combine complementary items (like a full-size cleanser with a mini moisturizer) at a value compared to buying products individually. 

These bundles serve dual purposes:

  • Increase AOV by encouraging customers to try multiple items in a single transaction.
  • Drive product discovery – the smaller product often becomes a standalone repurchase later once the customer falls in love with it.
  • Strengthen brand loyalty by exposing shoppers to multiple products from the same line or category in one go.

These sets are a mainstay on their site, categorized under their “Value & Gift Sets” section. 

Value & Gift Sets from Sephora

Types of Product Bundles

Choosing the right kind of bundle is a strategic move-not just adding items together, but matching customer behavior, inventory flow, and pricing goals. Here’s a breakdown of the most effective bundle types with these merchant examples:

1. Pure Bundles

Definition: Products are sold only as part of a bundle, and are not available separately. 

Dyson’s Airwrap is sold as a complete styling kit that includes multiple attachments like curling barrels, brushes, and a dryer. These attachments aren’t sold separately, reinforcing the kit as one unified product.

Pure bundles by Dyson

Why It Works:

  • Simplifies shopping: Especially for new users—no extra decisions.
  • Inventory control: Moves bundles as single SKUs, reducing complexity.
  • Perceived value: The kit feels like a complete solution.

Tip for Merchants:
Package complementary items as a single solution. Think about bundles like “Home Nail Care Kit” with clippers, files, and polish – all bundled as a standalone product. Highlight the convenience, and skip the sales clutter with individual configurations.

2. Mixed Bundles

Definition: Products sold both individually and as part of a bundle.

During seasonal promotions, Apple offers a bundle where buying a MacBook (sold individually year-round) comes with discounted or free AirPods. Customers can still buy each product separately, but the bundle drives seasonal urgency and lifts average order value.

Mixed bundles by Apple

Why It Works:

  • Flexibility: Caters to customers who want choice.
  • Promotional leverage: Bundles can be tied to seasons, events, or limited campaigns.
  • Higher perceived value: Slight price drop or bonus item makes the bundle feel like a win.

Actionable Tip for Merchants:
Use mixed bundles for products that naturally complement each other, and offer a clear price advantage for buying together. Display “You Save X%” prominently to make the deal tangible.

3. Cross-Sell Bundles

Definition: Bundles that pair complementary products to encourage customers to buy more in a single transaction.
GoPro sells cameras individually but often pairs them with accessories like mounts, tripods, and spare batteries. This cross-sell approach ensures customers have the gear they need from day one, increasing immediate order value and reducing the likelihood of them buying cheaper third-party accessories later.

Cross-sell bundles by Go Pro

Why It Works:

  • Enhances the main product: Adds items that make the core purchase more valuable.
  • Drives convenience: Customers avoid sourcing add-ons separately.
  • Boosts AOV: Related items are easier to sell alongside a main purchase than as standalone offers.

Tip for Merchants:
Use product page or checkout-stage suggestions to present relevant add-ons. Highlight how the bundle improves the customer’s experience (e.g., “Everything you need for your first adventure” or “Perfect pairing for your meal”).

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4. Volume Bundles

Definition: Offers where customers save money by buying larger quantities of the same item.

Dollar Shave Club encourages customers to purchase multi-month razor blade refill bundles instead of single packs. This not only locks in repeat business but also lowers per-unit costs for customers, increasing perceived value. 

Volume bundles by Dollar Shave Club

Why It Works:

  • Increases order size: Customers buy more in one go.
  • Improves customer loyalty: Stocking up keeps shoppers from switching to competitors.
  • Optimizes shipping costs: Larger orders spread fulfillment costs across more units.

Tip for Merchants:
Show clear per-unit savings and use urgency triggers like “Buy 3, save 15%.” For consumables, emphasize how volume bundles help customers avoid running out.

Bundle Pricing Models

Once you know what you’re bundling, the big question is – how are you going to price it?

The way you set your bundle price can completely change how customers see the deal. A small tweak can make it feel like a bargain, a premium offer, or even an exclusive insider perk. 

Below are three tried-and-tested pricing models you can borrow, plus real ecommerce examples showing how they work in action.

1. Discounted Bundle Pricing

Definition: Customers receive a lower total price when purchasing products as a bundle compared to buying them individually.

Sephora frequently offers makeup and skincare sets priced lower than the combined cost of individual items. For example, a $35 gift set might contain products worth $50 if bought separately, incentivizing multi-item purchases.

Discounted bundle pricing

Why It Works:

  • Customers see immediate cost savings.
  • Encourages them to try more products in one purchase.

Merchant Tip: Show a “value vs. price” comparison on product pages to highlight the savings.

2. Value-Added Bundling (Extra Item for Free)

Definition: An additional product is included at no extra charge, increasing perceived value without lowering the price of the main bundle.

Kilkenny Design Center, known for artisan tableware, ran a “gift with purchase” campaign where customers who spent above €140 received a complimentary artisan jug and bowl set designed by Nicholas Mosse. This not only elevated the value of the purchase but also introduced customers to a new product line and supported the brand’s premium positioning.

value added bundle pricing

Why It Works:

  • Adds an element of surprise and delight.
  • Encourages bundle purchase without devaluing core products.

Merchant Tip: Choose low-cost, high-perceived-value add-ons to keep margins healthy.

3. Tiered Bundle Pricing for Different Customer Segments

Definition: Customers can choose from multiple bundle tiers at different price points, each offering a varying level of value or additional products/services.

Shein frequently uses tiered discount bundles to incentivize bigger cart sizes. For instance:

  • 10% off orders over $69
  • 15% off orders over $109
  • 20% off orders over $189
tiered bundle pricing

This simple tier structure creates a spend-more, save-more effect, encouraging customers to keep adding items to reach the next threshold. It’s a powerful tactic for driving average order value (AOV) across categories like clothing, accessories, and home goods.

Why It Works:

  • Creates a clear value ladder that nudges shoppers to increase their spend.
  • Gives flexibility – customers can pick the tier that best suits their budget.
  • Works across multiple product categories without requiring fixed bundles.

Merchant Tip:
Anchor your middle tier as the “sweet spot” (e.g., label it Most Popular) so it feels like the best deal. Test your thresholds to align them with your store’s average cart size, ensuring they’re achievable but still push customers to spend more.

How to Determine the Right Price for Bundles

Factoring in Costs, Margins, and Perceived Value

Start by calculating the true cost of every item in the bundle (including shipping, packaging, and overhead). Then determine your minimum acceptable margin. From there, balance financials with perceived customer value – customers should feel like they’re saving compared to buying items individually, while you’re still protecting profitability.

factoring in costs, margins and perceived value

Using A/B Testing to Identify Optimal Bundle Prices

Pricing bundles isn’t just about choosing a number that “feels right.” Small differences in how you structure the price can dramatically impact conversions and average order value (AOV). 

That’s why testing different bundle price points is critical.

1. Price Point Testing
You can run experiments where the same bundle is shown at two or three different prices. For example:

  • Bundle A at $45
  • Bundle A at $49.99
  • Bundle A at $55

The goal is to see which version maximizes conversions without slashing too deeply into your margins. Sometimes, the lowest price won’t win, customers often associate higher prices with higher value, so you may find the $49.99 option outperforms the $45 one.

2. Discount Framing (Flat vs. Percentage)
Beyond just the number itself, the format of the discount plays a big role in perception. Run tests such as:

  • Flat discount: “Bundle and Save $20”
  • Percentage discount: “Bundle and Save 25%”

Even if the savings are identical, the way the offer is framed can shift buying behavior. A/B testing helps identify whether your audience responds better to dollar amounts or percentages.

3. Anchoring with Original Price
Test whether showing the original price beside the discounted bundle improves conversions. For instance:

  • Without anchor: “3 for $55”
  • With anchor: “Originally $75 – Now $55”

Anchoring often increases perceived value and can raise the conversion rate, but it’s worth verifying through testing.

Tool for testing:

Shogun A/B Testing makes it simple for ecommerce teams to run controlled experiments without relying on developers. With Shogun, you can create two or more variations of the same product page or landing page, then test critical elements like pricing [feature coming soon], offers, headlines, hero images, or calls-to-action.

Shogun A/B testing

Instead of making changes blindly, merchants can validate decisions with real customer data.

Types of tests with Shogun A/B testing

The best part: it requires no custom coding. The visual editor allows marketers and ecommerce managers to launch experiments quickly, track performance metrics (such as conversion rate, revenue per visitor, and AOV), and apply winning variations to maximize growth.

Why it matters:
A/B testing is essential for scaling because small improvements compound. Even a 5% increase in conversions across high-traffic pages can translate into significant revenue growth. With a tool like Shogun A/B Testing [price testing coming soon], merchants can continuously refine their store experience based on evidence rather than guesswork.

5. Interpreting Results:
Don’t just look at raw conversion rate. Consider profit per visitor or revenue per session. For example:

  • $45 bundle converts at 20% = $9 revenue per visitor
  • $55 bundle converts at 15% = $8.25 revenue per visitor
    In this case, the lower-priced bundle looks better because of higher revenue efficiency, even though it’s cheaper.

Key Takeaway:
Bundle pricing isn’t one-size-fits-all. Use A/B testing not only to find the “sweet spot” number but also to validate how customers perceive your pricing (flat discount vs. percentage off, anchoring vs. no anchor). Over time, these experiments can add thousands in incremental revenue by fine-tuning how you present the same offer.

Promoting Product Bundles for Maximum Impact

Placement on Product Pages, Collection Pages, and Checkout

  • Product pages: Position bundles just below the main product description so they’re part of the buying journey.
  • Collection pages: Showcase bundles as featured “value packs” alongside single items to highlight savings.
  • Checkout page: Offer one-click bundle upgrades before purchase completion to lift AOV.

Using Urgency and Exclusivity to Drive Bundle Sales

Add limited-time offers (e.g., “Only this weekend”) or exclusive availability (e.g., “Bundle only available online”) to create urgency. Scarcity-driven messaging, such as low stock indicators, also increases perceived value and nudges quicker decisions.

Measuring Bundle Performance

Key Metrics to Track

  • Average Order Value (AOV): Bundles should lift order value compared to standalone purchases.
  • Conversion Rate: Measure whether bundles increase the likelihood of purchase.
  • Attachment Rate: Track how often a bundle is added relative to single products.
  • Inventory Turnover: Ensure bundles don’t create excess dead stock or tie up bestsellers inefficiently.

How to Iterate Based on Results

If bundles aren’t performing, adjust either composition (swap in/out products), price point (discount deeper or reduce to preserve margins), or placement (feature bundles earlier in the buyer journey). Use the data to refine your strategy rather than scrap it entirely.

Find Your Winning Variant with Shogun

Run effortless tests on your storefront pages in Shopify with Shogun A/B Testing.

Launch Your First Price Test Today

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