As a customer, how would you prefer a deal making site to work?
- Show deals already worked out, OR
- Aggregate orders from customers and then work out a deal with the vendors
Both are similar in that they need a minimum volume to be reached in order for the deal price to be honored since the price is tied to the volume commitment. They are different in that in one approach a deal is struck before the orders are aggregated and in the other the deal is struck after the orders are aggregated. With the latter you may be in a better position to negotiate a deal since the orders are already there while the advantage of the former is that the customers know exactly what price they will pay for a certain volume and can influence (by inviting other friends to join in the orders) the volume based on how attractive they find the deal.
Or maybe the best approach is a combination of the two? Thoughts?
Or maybe the best approach is a combination of the two? Thoughts?