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| ID: | 59435 |
| Title: | The daily of Group Buying - http://www.newsmob.com/ |
| Pagerank: | N/A |
| Description: | In the business world, group buying is a fairly obscure practice. With roots dating back to China, group buying is both a cultural and economic approach to buying and selling. It originated as a method for consumers to purchase goods at discounted price. This would occur when consumers may not have had enough money to buy a product; so in exchange for a guaranteed mass volume of sales, a merchant would be willing to lower the price per item sold for that specific volume of consumers. |
| Category: | Business & Economy: Business Schools |
| Link Owner: | Alain Lang |
| Date Added: | March 04, 2012 01:02:51 AM |
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