Group Buying Solutions
Whiteknight has provided a Group Buying solution in Australia which you may enjoy the the opportunities of millions of people to know your business without the limitation of their locations. Our audiences covered from Wechat, IG, Facebook or most popular social media platform.
No. of potential audience from Whiteknight
Potential purchase power
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. Origins of group buying can be traced to China, where it is known as Tuán Gòu (Chinese: 团购), or team buying.
In recent times, group buying websites such as Pinduoduo in China and Teamkaro in India have emerged in the online shopping business. Typically, these websites feature a “deal of the day“, with the deal kicking in when a set number of people agree to buy the product or service. Buyers then print off a voucher to claim their discount at the retailer. Many of the group-buying sites work by negotiating deals with local merchants and promising to deliver a higher foot count in exchange for better prices.
Group Buying Model
