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Tips on How You Can Benefit from Group Buying

By Andy Murray Subscribe to RSS | February 14th 2012 | Views:
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Many of us have a hobby or interest in life. For some people it will be play station games, for some people it will be movie DVD’s, for some people it will be novels and for some people it will be perfumes. But after we finish reading a novel or finish watching a movie we put these materials in the store room and we hardly have look at it again. We spend so much of money just read it, view it or use it once.

But with present market situation and with the advancement of online selling now, companies have started offering special discounts and price for people who buy in large quantity, this kind of buying is called group buying. There are many private label brands which sell fashion products like perfume, swim suits online encourage group buying. The concept with group buying is you can form a group with friends and family and can purchase these products and the cost will be shared among the group. Many private label manufacturers even offer the option of re-selling for non durable products.

Suppose if you purchase a DVD with the group buying concept you get an option to sell the DVD back to the manufacturer after a certain period of time. Even if the manufacturers do not provide this option there are many retailers and websites that helps you in re-selling a non durable product.

This new marketing trend is developed based on the changing consumer preference and buying patterns. These days most of the consumers keep looking for discounts and offers, with the idea of group buying the buyer can very well subsidize the cost of the product and he can also re-sell the product in the future.

With the development of social networking websites and due to the fact that millions of people use these websites many private label brands have opened their online store through the fan pages. Here you use your existing facebook and twitter id to log in and purchase products. You need not create multiple id’s. Apart from this you can also send invites to your friends requesting them to join for group buying. This saves you more time and the effort you need to put on inviting your friends.

Therefore, with the concept of group buying one can now stop wondering about the price they need to pay for a product they can just invite their friends and family and enjoy the benefits of group buying by sharing the cost of the product.

Andy Murray - About Author:
Viviona.com facilitates group buying for many fashion related products and swim suits. They have contact with private label brand to facilitate this option.

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