We're excited, its no lie. We hope you will be too when you see it!
But I hear you ask "What is Crowdbuy?"
Well, Crowdbuy is a platform that encourages people to come together online to purchase products in a crowd and therefore attract group buying discounts.
All the products you see on the site have been added by you, our customers. We don’t suggest products for you. You find what you want to buy then come to us to see if there’s anyone else out there wanting the same.
We've launched the site but are constantly looking at ways to improve your experience with us. Some would call this being in 'beta' mode but beta is so yesterday.
How does Crowdbuy work?
Add a product to Crowdbuy that you want to buy - this is really easy using our form, or better still, our super little bookmark tool.
Once a minimum number of people have joined the crowd, we’ll go and get you the best discount we can. Retailers bid on what they can sell the product for, and as more people join the crowd and more retailers get involved, the price drops. You can really help here by telling all your friends onfacebook and twitter about the stuff you want to buy.
You get a great discount and the retailers get to sell more of their products. Win Win. The retailers can even negotiate directly with the crowd to really get to know what kind of deal you're after.
At the close of the crowd, the retailer will send you a code that will give you the discount when you checkout at their online store.
Are you just another daily deals site?
Absolutely not!
With Crowdbuy you get to buy the products you want to buy, not what a daily deal site has done a deal on. With Crowdbuy, if a retailer offers you 50% off a product, that’s what you receive, the full 50%. With Crowdbuy, the retailer does not pay us a fee for selling that product to you - with Groupon they get charged up to 50% (not a sustainable model for the retailers if you ask us)
We are not a daily deals site. The discounts shown on our site are for products that you have requested. We normally add a time for when a crowd will end, but that is to help you with your decision to buy.
So how does Crowdbuy make money?
We charge retailers (not a vast amount) to be part of the Crowdbuy Community and be able to bid on product sales.
We hope these answer some of your questions, if not please send us an email info@crowdbuy.com
Also, follow us on twitter!