What is product bundle in SAP CRM-S4-SOM - S4CRM: Subscription Order Management?

SAP Term: product bundle

• Component: CRM-S4-SOM

• Component Name: S4CRM: Subscription Order Management

• Description: A combination of multiple products that are represented by a superordinate product and sold all together. The bundle components can be physical goods, services, or contract items. The bundle product can be used in order processing as one, instead of adding the individual components.

Smart SAP Assistant

• Key Concepts: 
  Product bundle is a term used in SAP software to refer to a combination of products and services that are sold together as a package. This bundle can include software, hardware, services, and other related items. The product bundle is typically sold at a discounted price compared to buying the individual components separately. 
  
  How to use it: 
  In SAP software, product bundles are used to simplify the purchasing process for customers. Customers can purchase the entire bundle at once, rather than having to purchase each component separately. This makes it easier for customers to get the products and services they need in one purchase. 
  
  Tips & Tricks: 
  When creating a product bundle in SAP software, it is important to consider the customer’s needs and budget. Make sure that the bundle includes all of the necessary components and that the price is competitive with other similar bundles. Additionally, consider offering discounts or other incentives for customers who purchase the bundle. 
  
  Related Information: 
  The CRM-S4-SOM S4CRM Subscription Order Management component is part of the SAP Customer Relationship Management (CRM) suite of products. This component allows customers to manage their subscription orders and view their order history. It also provides customers with access to customer service tools such as order tracking and customer support.