Service bundles are packages that combine multiple services offered by a company into one cohesive offering. This approach allows customers to access various services at a reduced price compared to purchasing each service individually. For example, a telecommunications company might offer a bundle that includes internet, cable TV, and phone service. These bundles are designed to provide convenience and value, making it easier for customers to meet their needs without having to deal with multiple providers. Additionally, service bundles can enhance customer loyalty, as clients may prefer to stay with one provider for all their services rather than managing several separate accounts.