Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase.
Find below are the list of Buying Groups In South Africa
ICC Buying Group
Eocene Group
THE ESSENTIAL GROUP
Trade Intelligence
EST AFRICA (Elite Star Trading Africa)
IMS Holdings
Unitrade Management Services (Pty) Ltd – Durban Office
Unitrade Management Services Pty (Ltd)
Site 66 – Essential Business Centre
RSA Market Agents Joburg
Buycorp (Pty) Ltd
Whichfranchise.co.za
UMS Coastal
Blue Bottle Liquor Group
RCL FOODS
NASASA Stokvel Association
South African Health Products Regulatory Authority
The South African Breweries
How do buying groups work?
A buying group is an organization made up of small businesses that band together so they can negotiate as a larger group with vendors to receive better pricing and terms on goods and services. As a small business owner, money is always at the front of your mind.
Are Buying groups legal?
Buyer cartels are per se illegal but buying groups are subject to the “rule of reason” in antitrust law; yet, the two types of activity are hard to distinguish in a variety of circumstances.
What does buying group mean in business?
Buying groups combine the purchasing power of different businesses to negotiate better discounts that result in an item level price not attainable by most single companies. The simple fact is that the more you buy, the bigger the discount you can negotiate for.
What is a buying group member?
A retail buying group is an organisation which offers membership to small businesses. Becoming a member of a buying group offers access to a wide variety of benefits as it provides collective power.
How do you become a member of a group?
What do I have to provide to be a member of The Buying Group (PLBG or PDBG)? Membership is instant, following receipt of your Membership Number log in to the website and enter your property portfolio (at least two properties) that you own or manage.