Tag: Group Purchase

Everything You Should Know About Pinduoduo Group Purchasing

By August 21, 2022 0 Comments
The first site to challenge JD.com and Alibaba's hegemony in Chinese e-commerce is Pinduoduo, which launched around 2015. Pinduoduo is a legitimate example of an e-commerce business that capitalizes on social commerce and entertainment buying growth by offering group purchase options. The network's layout and user interface are designed for surfing rather than research, and offering discounts for...

How Does A Social E-Commerce Site Work?

By July 23, 2022 0 Comments
  Online shopping has plenty of benefits. When you shop online, you save money and time. Brands give discounts to attract buyers. But you can take your online shopping a step ahead with social e-commerce shopping. Instead of buying from websites, you can buy from a social network connected to creators, retailers, and producers. What is a social marketplace? It is a social media platform used...

Group Buying, A Modern Pattern of Shopping

By May 23, 2022 0 Comments
Group purchasing is a type of internet shopping in which numerous customers join together to acquire a certain item in bulk at a reduced cost per customer. The notion of group buying, often referred as collaborative buying as well as crowd buying, leverages the strength of purchasing by bulk to reduce the price of every item. Such e-commerce approach results in a win-win situation for all...