Definition of Bundling
What is the definition of the term "bundling"? What does the term "bundling" mean?
"Bundling" is when a company offers more than one product or service for just one price.
For instance - let's say that you have your car insurance at XYZ, Inc. You pay $2,000 per year for your car insurance.

So, instead of dealing with two companies, you will have just one easy monthly payment. On top of that, you will also be saving money every month as the combined house and car insurance through XYZ, Inc. is less money than what you were paying before.
Banks and insurance companies are two examples of companies that frequently offer "bundling" to their customers.
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