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Digital solutions company Kredence launches group buying platform GroupByte

Mumbai-based digital solutions company Kredence has launched
a group buying ecommerce portal GroupByte. The portal houses product categories
including consumer electronics, home appliances, automobiles and provides consumers
with an aggregation platform where each individual consumer can record their wish
lists and leave the process of negotiating and obtaining best prices to GroupByte.

Mumbai-based digital solutions company Kredence has launched
a group buying ecommerce portal GroupByte. The portal houses product categories
including consumer electronics, home appliances, automobiles and provides consumers
with an aggregation platform where each individual consumer can record their wish
lists and leave the process of negotiating and obtaining best prices to GroupByte.

“Until now, individual buyers did not have the ability to
negotiate their purchases with the brands they wished to buy. They were almost
always forced to opt for discounting deals offered by major retailers from time
to time, to make their purchases cost-effective. There has been no effective
mechanism to offer the benefits of group buying in the “planned
purchase” category.  GroupByte aims
to fill this gap and offer the benefit of negotiated purchases to the buyers,” Ketan
Raiyani, founder, Kredence has said. 

 

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