BuyTogether.inShop together and Save together

Team

Our team is well experienced in building web pages for eCommerce, Travel and Security domains

Founder

Vijay Murukesan

BuyTogether.in

Content1. Executive Summary

2. Objective

3. How does it work?

4. Benefit

5. Risk

BuyTogether.in

Executive Summary

1. BuyTogether is a new revolution in e-shopping.

2. This site will be launched shortly and restricted to Bangalore users.

3. The idea is to connect the customer with the best & genuine retailer in his city for his shopping needs.

4. This site is best suited to buying high cost products. (Something which is more than 1000/- worth.)

BuyTogether.in

Objective

1. The objective of the site is to connect the different people who wants to buy a similar product in same city.

2. Bargain with the seller and have best deal for both Buyer and Seller.

3. To provides the opportunity to retail sellers to sell in bulk increasing their sales and buyer good get best price in the city.

BuyTogether.in

How does it workBuyer• This helps both the buyer and seller. The buyer gets a cheap quotation and the seller gets

bulk order.• Buyer would be communicated through email/phone once the bidding for the product is

completed and the seller quotes the price• Once the seller quotes the price and the buyer accepts it, both would receive a coupon

generated from BuyTogether.in• User will be able to visit the shop and select the required color (if applicable).• A consolidated mail with the price and list of interested buyers will be sent to the email

SearchJoin to buy

product

Accept the price quoted

By seller

Receive the coupon

Close the Deal

when the product price is available after bidding gets over

Consolidated Email (Deals ending with price)

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BuyTogether.in

Seller• Through BuyTogether Seller get bulk order for individual products.

• Once there is demand for any product associated with particular seller he get notified through mail and SMS.

• There will be a rating system which indicates history about the buyer. (Product bought, cancelled etc)

• Seller can quote the price manually or It could automatically pick from his default price list created in BuyTogether.

• The lowest price bidden in the specific time will be selected and communicated to buyers and also that price will be published in the website for 1 whole day. So there is a good possibility of getting more costumer for the quoted price.

Search ManualBidding lowest price

PossibleDeal Closed

Email Notification

Automatically picks from default price list provided by seller

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BuyTogether.in

Benefits

Buyer1. Reasonable and best price for the products across the city can be viewed online

Sellers1. Bulk orders, quick sales and online customers helps in making profit for the seller

For Buytogether1. Registration Fee ( For suppliers )

2. Revenue from Ads

BuyTogether.in

Risk for sellers1. There is possibility of both increase and decrease in the product count after providing

the quote. But still the seller should be able to sell it with the price quoted.

Solution: How ever we are going to mitigate it by maintaining User Rating  on all the transaction done (like accept, reject etc) which will be helpful identify the risk of rejection before quoting the price.

2. There is Possibility of fake orders.Solution: Initially we are restricting the number of units to one.

But shortly it will be changed as collecting advance money for multiple orders.

3. Product Delivery

The Seller should be able to deliver the product any where in Bangalore. The price quoted should also include the delivery charges.

BuyTogether.in

Thank you

BuyTogether.in