List Of Buying Groups In South Africa

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

Address: 16b Axle Dr, Clayville Industrial, Olifantsfontein, 1666
Hours: Open ⋅ Closes 5PM
Phone: 087 815 0470

Chetstone Group

Address: 35 Island Cir Island Office Park, Riverhorse Valley, Newlands East, 4017
Hours: Open ⋅ Closes 4PM
Phone: 0860 456 789

Blue Bottle Liquor Group

Address: Building (1st Floor, 44 Nashet, 4 Southern Cir Cir, Greenhills, Randfontein, 1767
Hours: Open ⋅ Closes 5PM
Phone: 011 692 2419

RSA Market Agents Cape Town

Address: 110 Gunners Cir, Goodwood, Cape Town, 7460
Hours: Open ⋅ Closes 5PM
Phone: 021 531 8472

How does a buying group 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.

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.

How does a buying group make money?

Most B2B GPOs make money by receiving a percentage of the purchase price of each sale, along with membership and administrative fees charged to GPO members. These charges do not impact commissions paid to the distributor. GPOs do not distribute products to their members.

Are buying groups legal?

The U.S. Supreme Court has ruled this type of market allocation to be per se illegal as a horizontal restraint of trade. Perhaps one of the most dangerous areas of antitrust law which confronts buying groups is the prohibition against price fixing.

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.

Why is it important to know the group of purchases?

The collective purchasing power of the group far surpasses what one organization can create individually. A GPO enables an organization to concentrate on its center business and portfolio, rather than the indirect items and services expected to stay with the running easily.

What is a buy in group on Facebook?

A buy and sell group is like a regular group, except it lets members: List items for sale. Mark items as sold.