How To Make More Money

Some good news here for both businesses and the buying public, particularly welcome in these tough economic conditions - "Group Buying"!

Here's how it works: -

1. A supplier of goods or services, hungry for more business, offers the public a substantial discount on a selected product or service
2. The discount offer is dependent on a large enough uptake by consumers
3. As soon as the critical number of takers is reached, the discount applies, and the sales take place.

Everyone's a winner!

• The supplier increases sales
  
  
• The consumer gets a bargain

The basic concept has been around forever, but the Internet has leveraged it as never before - originating in China as the "Tuangou" phenomenon, it has been spreading rapidly around the world, and has at last reached South African shores.

Of course suppliers can - and do - put their own offers together. But the really exciting concept is the specialised website that does it all for you via the power of the Internet - managing the entire process of finding and negotiating deals from suppliers, taking offers from the public, and facilitating the final sales.

Try these local sites: -

• One Day Only at www.onedayonly.co.za
  
  
• Twangoo South Africa at www.twangoo.co.za
  
  
• UbuntuDeal at www.ubuntudeal.co.za
  
  
• Wicount at www.wiicount.co.za

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