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Group Buys
Below is a list of products that are currently listed at a heavily discounted "Group Buy" rate.
What is a Group Buy?
A Group Buy is a situation where when a certain number of people buy the SAME product at the SAME time through an organized listing like you see here,
EACH CUSTOMER gets a lower rate
.
For example: A product product with a retail price of $150 is listed on ModBargains.com with a discount rate of 10%, so the price is $135. When we designate the item as a group buy, once a certain number of customers sign up to order the product, each customer will receive a
larger discount than normal.
For
example, if the discount was 15% instead of the normal 10%,
each customer pays $127.50 instead of $135.00 saving an extra $7.50 by participating in the group buy.
If you add the group buy product to your shopping cart and complete the checkout process, your credit card will not be charged until the group buy is "full". This means that the required number of people for the group buy to go through ordered the product.
Your credit card will only be charged if the group buy is completed. If the required number of customers do not purchase the product, your credit card will never be charged and you will be notified that the group buy was not completed.
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