Buying as a group provides members more purchasing power and therefore better deals from the vendor or from local deals. To form a group buying platform, you'll need to determine what roles buying groups and vendors will have and what will make up those roles.
What is a buying group ecommerce platform?
A way for associated users to collaborate on group purchases and create their own supply chain. Ways for users to engage with and join a group buying site or niche. These features are important for advancing your buying group eCommerce platform.
What is a group buy?
The core idea behind group buys is that multiple buyers unite to make large-scale orders, allowing for securing ongoing discounts unavailable when making individual purchases. In such a group buying situation, including discount pricing can drastically cut costs for each participant in the buying group.
