Difference between revisions of "Tuangou-group buying"
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'''Tuangou''' or '''group buying''' refers to bulk purchases conducted by a group of people. The shopping strategy aims to gain a large discount and allegedly originated in China, where the people are reputed to possess good bargaining skills. Often several strangers connect via internet and agree to buy the same product or target the same vendor. The multiple, simultaneous orders can reduce the cost. Group buying has become popular worldwide. | '''Tuangou''' or '''group buying''' refers to bulk purchases conducted by a group of people. The shopping strategy aims to gain a large discount and allegedly originated in China, where the people are reputed to possess good bargaining skills. Often several strangers connect via internet and agree to buy the same product or target the same vendor. The multiple, simultaneous orders can reduce the cost. Group buying has become popular worldwide. | ||
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Latest revision as of 00:48, 24 December 2010
Tuangou or group buying refers to bulk purchases conducted by a group of people. The shopping strategy aims to gain a large discount and allegedly originated in China, where the people are reputed to possess good bargaining skills. Often several strangers connect via internet and agree to buy the same product or target the same vendor. The multiple, simultaneous orders can reduce the cost. Group buying has become popular worldwide.
