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Have you tried collective purchasing before?

Discussion in 'E-Commerce' started by wholesaleteam, Oct 3, 2017.

  1. wholesaleteam

    wholesaleteam

    Joined:
    Sep 30, 2017
    Messages:
    7
    The concept of collective purchasing is that people come together to purchase specific products, and because there are a number of them, they are able to secure a better price from a supplier.

    Has anyone used this method when buying stock to resell?
  2. Jed

    Jed

    Joined:
    Feb 16, 2009
    Messages:
    8,278
    It's been tried several times but always seems to fail from what I've seen due to so many differing situations and factors caused by the multiple purchasers.
  3. wholesaleteam

    wholesaleteam

    Joined:
    Sep 30, 2017
    Messages:
    7
    You are right, many collective purchasing companies I have stumbled upon are no longer active…

    I would be very interested in finding out exactly why this is. Could you please highlight what you believe the reasons are to be? As I have found one or two that seem to be thriving, but they do not cater for the UK.
  4. Jed

    Jed

    Joined:
    Feb 16, 2009
    Messages:
    8,278
    Everyone has a different circumstance, imagine you have a group of 5 people, it only takes 1 to not agree or not come up with funds and the whole thing is broken. Just common sense will tell you what the stumbling blocks will be.
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