The concept of group buying is not too new but it gains more importance in the recent some years. This concept was established after the establishment of e-commerce and it was known as we-commerce but it went unsuccessful due to certain reasons. The most important reason of its failure was that one single person doesn’t need to have the same product in multiple numbers for his use. And no one likes to have those products in bulk just to get little discount. But this concept comes again in the market with little differentiation and this time the business clicked to the customers. There are lots of companies available online who are running the business of group buying.
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