A new website that allows you to collectively bid for electronic products at cut-rate prices has been launched by internet entrepreneur Dylan Collins.
“This is stuff you potentially don’t need … Gruupy is for people who buy a lot of devices and the core audience will be males aged 24 to 44,” he told the paper.
Lower than mainstream prices
Each day, the site features a product at a lower price at lower price than mainstream or online retailers on the condition that a minimum number of people agree to buy it at that price.
Today’s featured product is a Phillips Fidelio Docking Speaker for €69.99, for example.
Collins is no stranger to internet business, as he has previously had a hand in Jolt Online Gaming and Demonware, which were focused in the computer games industry.