The concept of group buying (Purchasing Groups) did not start today.
Category: Group Buying
Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase.
The concept of group buying (Purchasing Groups) did not start today. Over the years, friends have always put their money together in order to buy a large item and enjoy a better deal. The logic still remains the same. Group Buying allows two or more companies/organizations to pool their resources together in order to buy in bulk and enjoy better deals.
Thanks to platforms such as PurchasingPlatform.com, it is now very easy to join Group Buying. You don’t need to look for an organization to join, these platforms make it possible to join another company albeit remotely to combine needs and leverage negotiating strength. When you join Group Buying, you will improve your contractual strength and have access to best prices, best technologies, and even best services.