Pink Princess 1962 (courtesy private collection)
Early Princess advertisement
Another Princess advertisement
The Princess was the Bell System's first (and possibly most successful) foray into consumer marketing. Targeted at girls and women, it enabled Bell to sell (lease per month) additional phones for bedrooms etc. The Princess even had a little built-in nightlight. The princess phone's small size and lighted dial were designed to make attractive as a bedside extension. The original Model 701 Princess did not contain an internal ringer. Western Electric produced a small baseboard mounted ringer for use with the phone. A plug-in transformer provided low voltage to power the dial lamp. The later Model 702 Princess had a self-contained ringer.
Many colors and feature variations. See this reference chart
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