Online retailers install widget to enable group buying
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We've seen numerous examples of group buying over the years, but recently we came across technology that promises to enable many more. SyncFu is a free widget that any e-commerce website can install to let deal-seeking consumers team up for volume discounts. Online retailers begin by adding SyncFu to their site and then setting the quantity-price ratio for their relevant products. To join a group buying offer, customers need only click on the “Join Group Buy” or similar button on the seller's website. They're then presented with the SyncFu widget, which displays how the price drops as the size of…
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