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New York Press Releases
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(EMAILWIRE.COM, April 24, 2012 ) New York, NY -- They sell a wide range of different products including accessories for iphone 5 and iPad 3, gifts and items concerning cats and dogs. Most of the items they have are out of ordinary items that may catch the immediate attention of some buyers, like a Denim case for ipad 3. And for most of these products, they offer an unbelievable discount of about 50%. Like it was said, it looks unbelievable. But take a look at their discount policy and decide.
If someone makes a visit to their site they will see a motto under their logo in the top left. This motto reads “More People Better Deal”. What they mean by this is that if more people buy a certain product, the price of the product will go down. This is not rocket science. Anyone can expect prices to be low when the revenue is large. All businesses understand this fact.
They make up for the low price by having a great number of sales and thereby still get a good profit. Groupcow sticks to their motto and go even further on it. They have a system of changing price according to the number of buyers in real-time. So if more people buy a certain product such as an iphone 5 or an iPad 3, the price of iPhone or iPad will be lowered depending on how much buyers are there. For example a $100 product will go for $80 when they are 500 buyers. It will lower to $60 if the number of buyers exceeds 1000. Moreover they will show people how many buyers bought a certain product through a meter, which is shaped like a bar and calibrated at 0,500 and 1000 buyers. The transparency they have for their discount system should be appreciated.
They have another strategy to be able give such generous discounts. They get their products directly from the manufacturers. This skips the cost of a distributor and the cost of a retailer. As a result the product’s final price is much lower. And they use the size of the order to bargain with the manufacturer for discounts. To get a big order they encourage the buyers to tell their friends about the deal in order to bring the price down. Looking at all this, their main strategy seems to be to create a giant consumer force to lower the prices of products.
Other benefits they have include free standard shipping for some of the products and a refund to the buyer in case the price goes down after they have bought the product. Groupcow makes sure that no buyer is left out of a discount.
About GroupCow
GroupCow is a deal website where people can buy a lot of different products at better prices than most places. An international site GroupCow allows people to buy from various countries around the world! People can find GroupCow’s website and buy now at www.GroupCow.com
Group Cow
Naevius Leung
+689.88916
+852 2541 6969
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