Should I bundle with complementary brands?
As an e-commerce business owner, I'm exploring innovative ways to increase my average order value and expand my customer reach. I've heard about brand bundling but I'm uncertain about the potential benefits, risks, and strategic considerations. I want to understand how to effectively collaborate with complementary brands, create mutually beneficial partnerships, and design bundles that provide genuine value to customers while driving incremental revenue. What are the key factors I should evaluate before pursuing cross-brand bundling strategies?