8th Aug 2010
Tuángòu (團購), which translates as team buying or group buying, is a recently developed shopping strategy originated in the PRC.
Every day, a new deal is offered to our subscribers on www.twangoo.com. In just few clicks, our subscribers can buy the deal. Once enough subscribers bought in, the deal is on
What is collective buying power?
Tuángòu (團購), which translates as team buying or group buying, is a recently developed shopping strategy originated in the PRC. Several people - sometimes friends, but possibly strangers connected over the Internet - agree to approach a vendor of a specific product in order to haggle with the proprietor as a group in order to get discounts. The entire group agrees to purchase the same item. The shoppers benefit by paying less, and the business benefits by selling multiple items at once. (Source: Wikipedia)
“Twangoo.com was inspired by this new shopping strategy and decided to bring it to the next level”, says Nicolas Reille, co-founder of Twangoo.com. “Every day, a new deal is offered to our subscribers on www.twangoo.com. In just few clicks, our subscribers can buy the deal. Once enough subscribers bought in, the deal is on” he adds.
A very simple philosophy
The best stuff to do, eat and buy in town…
Twangoo is synonymous with quality. Our Twangoo representatives handpick top-rated business partners so you always feel comfortable when venturing out and trying something new. We only feature offers we would buy ourselves!
… at an irresistible price…
Usually, great quality comes at a price. On Twangoo.com, you will find the best quality at the best price because we guarantee our business partners a minimum number of new clients.
… and with a great service.
Once the minimum number of buyers is reached, you receive your Twangoo. Just print it and you can use it at your convenience.
“Twangoo.com is a new way to discover Hong Kong!” says Nicolas Reille. “Our subscribers share our new ideas with their friends through blog, Facebook, Twitter… and spread the words of any new Twangoo to make sure we reach the minimum number of buyers” he adds.
A win/win strategy
For partners: They get a record new stream of clients and brand awareness in just 24 hours, securing a steady stream of business for months ahead as customers redeem their Twangoos and keep coming back.
For subscribers: They get great value and they are charged only if the deal is on. Otherwise, the deal is cancelled and they are not charged.
For us: we take a portion of each Twangoo sold. We win if you win.
“Twangoo.com is the perfect answer for our clients, looking for a new way to enjoy their city, and our partners, required to think out of the box to attract new clients and increase brand awareness” Nicolas says, “in particular in time of crisis” he concluded.
Twangoo Limited
Twangoo Limited is a new Internet company headquartered in Hong Kong. Twangoo Limited will aim at developing the concept all over Asia, starting with Hong Kong.
Twangoo.com features daily deals on the best stuff to do, eat and buy in Hong Kong and all across Asia.
Twangoo’s philosophy is very simple:
The best deal in town…
… at an irresistible price…
… and with a great service.
Twangoo is a new way to discover your city! Share it with your friends.
Florian Lacombe
Communication Director
+852 3973 6427
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