What is GroupBuy?
What is GroupBuy? The simple answer: GroupBuy, as the name suggests, groups buyers together to purchase the same product in an effort to receive a bulk discount. 12/31/2018
The more detailed answer GroupBuy is a web based application that allows multiple buyers in various locations to purchase a product as a buying group, allowing for bulk discounts. All products can be chosen and approved within corporate brand guidelines. Multiple or custom logo options can be available to buyers as requested, making brand management clear and easy. Individual buyers place orders for products through an online GroupBuy interface making it easy for custom orders to be placed. As more buyers join the GroupBuy, the price drops for everyone. The more buyers, the lower the price! Summary Web based application for ordering Multiple buyers in various locations can join the order. The more buyers, the lower the price. Approved products within corporate brand standards. Multiple or custom logo options can be available as requested. Allows for one corporate invoice or an invoice to each buyer/department. Allows for one shipment to a central location or many shipments to multiple locations. 12/31/2018
The Benefits Brand Consistency. Marketing departments can enforce branding guidelines on approved products by offering a GroupBuy to all or select departments or locations. The same product with the same branding is purchased across the organization. Budget. Budgets across an organization can be used to buy into a GroupBuy. The more departments who buy in, the lower the price is, saving across the board for everyone. No more wasted time or dollars. GroupBuy acts as a requirements gathering tool for an organization’s promotional needs. No more guessing on how many to order and ending up with too many or too few. GroupBuy gathers the information online and delivers it to you on a deadline of your choosing. Flexible Accounting. GroupBuy allows for one corporate invoice or an invoice to each buyer/department. Flexible Receiving. GroupBuy allows for one shipment to a central location or many shipments to multiple locations. 12/31/2018
How it works… 12/31/2018
All Buyers will pay $6.00 More Buyers Join More Buyers Join GroupBuy Product Min Quantity 100 = $10.00 Price Break 1000 = $7.50 Price Break 3000 = $6.00 All Buyers will pay $6.00 12/31/2018
The Technology 12/31/2018
Group Buy Email Individual buyers receive a GroupBuy offer via email. 12/31/2018
GroupBuy Landing Page The email links to a GroupBuy offer landing page. 12/31/2018
GroupBuy Product Page The landing page links to product pages where buyers can order products. 12/31/2018
GroupBuy Checkout Individual Buyers check out online. Invoices or Credit Cards are not processed until the GroupBuy ends ensuring all buyers receive the lowest available price. 12/31/2018