Origins of group buying can be traced to china where tuángòu or team buying was punish to restore discount prices from retailer when a striking group of people were willing to buy the same item. In young time, group buying websites have emerged as a major player in online shopping business. Typically, these websites feature a handwriting of the day, with the de al kicking in once a denounce number of peo! ple agree to buy the product or service. Buyers then print off a verifier to seize their discount at the retailer. Many of the group-buying sites work by negotiating deals with local merchants and promising to deliver crowds in exchange for discounts.[i] 2.2 Introduction of Groupon Groupon (a portmanteau derived from group coupon) is a deal-of-the-day website that features discounted gift certificates operable at local or national companies. Groupon was launched in...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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