Cheap price for a kit with both a pair of Headphones & a set of Earbuds. Would suit young kids for schooling or people using them to listen to lectures etc. I don't think the quality would be great, but it's hard to find something that has both and a warranty in this price range.
I have personally use Sound Republik headphones whiles my Sennheiser's were being repaired and they are not the worse. I found them slightly better than the cheapest $20 pair at the time K-mart had. The Reject Shop will also happily take returns for the first 28 days on most items (as long as you have the box etc).
NOTE: This kit contain both 1 set of earbuds and 1 pair of headphones. The product is also a new limited time special under their back to school sale
“ I found them slightly better than the cheapest $20 pair at the time K-mart had “
$5 better?
In all seriousness, you could get a far better pair for a similar (possibly cheaper) price on eBay such as Helios (TaoTronics)