Buying Groups and Co-ops: The More the Merrier (and Cheaper)

in Forum: Strategies & Tactics for Getting Efficient

Source of this discusssion: /articles/3714/1/buying-groups-coops.asp Page description: Cooperatives and buying groups use sheer numbers to negotiate lower prices for their members. Even if you’re not a “joiner,” rethink this one and start saving money.

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May. 17 2007 at 2:34 PM
Posted by: ScrapBizKim “Quote Reply
Great article! On a MUCH SMALLER scale, my own business is like that. I bring together small non-traditional retailers in the scrapbook industry and then we present our group to vendors who might not work with non-B&M stores. We tell them to look at us COLLECTIVELY even though we might represent many smaller accounts. Individually, our members don't buy as much as a B&M, but when the vendors figure out that we represent well over $1 million in potential annual purchasing power, they seem to want to work with us. Some have even given us their "best" deals such as free shipping, smaller minimums and even additional discounts on their products. A buying group or co-op has many benefits! ~Kim www.ScrapBiz.com My Biz Blog Where Creativity and Business Connect! My Biz Articles
Mar. 18 2008 at 4:10 PM
Posted by: buyinggroupfan “Quote Reply
This is what we do! The Buying Group . Saving small/mid sized businesses money on their day to day operational expenses. Check us out if you can. Mark Schiavone