The purpose of this study is to explore the impact of bundling on impulsive purchase, and establish a research model with perceived value as the intermediary variable and flow experience and time pressure as the regulatory variable. This study integrates the bundling model, time pressure and flow experience into a new research perspective to explore the impact of the three on impulse buying, and explore the interaction between them in combination with perceived value. Based on the literature review and research hypothesis, this study uses the method of questionnaire to analyze.The results of data analysis show that the bundling model can promote consumers' impulsive purchase behavior, the bundling model can promote perceived value, the perceived value can promote consumers' impulsive purchase behavior, flow experience has a positive regulatory effect between bundling mode and consumers' impulsive purchase behavior, and time pressure has a positive regulatory effect between bundling mode and consumers' impulsive purchase behavior.