Introduction to Online Bulk Buying

Online bulk buying is a new concept which first emerged in China. ‘Bulk Buying’ or ‘Group Buying’ refers to a purchase when a minimum number of potential buyers are willing to purchase the same product. As the purchase is in bulk, these buyers get heavy discounts and deals from the sellers. With online shopping business, lots of websites have emerged which are now offering group buying and selling of products.

You must have seen lots of advertisements from various deal websites offering discount coupons on purchase of a deal. These websites partner with different merchandisers like hotels, restaurants, theme parks, gyms, spas etc. promising them a good crowd of customers to increase their business. The deal websites come up with daily deals for the potential customers offering them great discounts on those deals. Deals can be like offering customers 20% discount on a buffet dinner or lunch at a 5 star restaurant or offering them 50% discount for membership with a renowned gym etc. When the customer buys the deal, his/her credit card number is taken but not charged. It is charged only when a minimum number of other buyers purchase the same deal. The deals are so lucrative and affordable that they sell out within hours.

With this business model, the merchandiser gets benefitted as he receives huge number of new customers thus increasing their sales. Customer gets benefitted as they save a significant amount of money with the deal. Now the question is how does the online website offering the deal gets benefitted with this business model? The answer is simple, the website promises the merchandisers with a heavy crowd of customers and in return keeps a share of the sales as their commission.

There are lots of websites that brings the bulk product sellers and potential bulk product buyers together. Buyingingroup.in is one such website that makes lots of products ranging from electronic goods such as laptops, television sets, and home theatre systems to high end luxury items such as cars and bikes available to potential customers at heavy discounts. You can just register with this portal, browse through their wide range of products offered at affordable prices, and place a bulk order. You can be sure of quality, genuineness, authenticity and durability of the products bought from buyingingroup.in. Also, buyingingroup.in follows a rigorous online payment process and keeps your personal and credit card information highly private and confidential.