An new shopping strategy: Group Buying

Did you hear about group buying (also known as team buying, store mobbing) ? Group buying-- a group people willing to purchase a specific product, when the quatity meet the vendors' requirement, a discount on this product will unlocked, thereby people can get the discount. The entire group must agrees to purchase the same item, and the discount is huge and attractive. The shoppers benefit by paying less, the business benefits by selling multiple items at once. It originated in China, but start to popular worldwide. Group buying now merge with the social feet : you can share/recommend a group buying campaign with your friends on facebook, twitter or by email. Check a famous gourp buying website: Groupon, LivingSocial, BuyWithMe