GROUP BUY GUIDE - STAGES OVERVIEW
First you need to understand Group Buy is where you share benefits and risks with everyone, for example a product costs $100 if you pay alone, but with Group Buy you share with 10 people and each person only need to pay 10$.- Join:
- This is the registration stage to recruit participants to Group Buy
+With the Primary list you will only need to pay the smallest amount, but you are required to pay. If you register and do not pay, the penalty is being flagged and not being able to participate in the next Group Buy. The penalty is only removed when you pay
+With Add List, you will not have any penalty, but if the main list is full you need to pay a larger amount to join
- Switching between lists is possible.
- You can exit at this point without any penalty
- Fundraising:
- This is the fundraising stage, people need to pay at this stage
At this stage you cannot choose to log out if you have signed up for the Primary list
Additional 30-50% charge for reserve list members.
- Waiting :
- This is the waiting phase to get goods from the source
Full payment required, admin purchases the product.
No refunds at this stage.
Only reserve list registration possible.
- Available:
- This stage marks the goods being available