Last week, I had a chat with Robin, with one of the lovely people behind start up BuyaPowa. This week they’ve launched, and I’m pretty excited about it.
Essentially, BuyaPowa offers ‘co-buying’, where the price drops as more people buy it.
At the moment they’re offering three 100g bars of Green & Blacks as a fun first time offer (and yes, that was a cheeky referral link. I’ve just snapped them up). Three bars originally came in at £7.50, but as there are now more than 50 people who have purchased it, it’s dropped to £3.50. (which is 50% off)
You’ll only pay the final price when the offer closes. So in this case, if the offer closed now everyone would pay £3.50 each, regardless of when they originally went for the offer.
So, say they had an offer on an amazing foundation, a really funky toaster or a gorgeous bracelet. If you invite all your friends to buy it too, and they go ahead and purchase, you can drive the price down together.
Oh, and there’s another bonus for sharing the deal with your friends too. If you bring in more co-buyers than anyone else for that particular deal, you’ll get it for free. Who doesn’t love free stuff?
Ask, and you might receive
If you want to see something specific on BuyaPowa, you can suggest it. Drag and add the BuyaPowa button to your browser, and you can suggest items for them to add as an offer, and how much you’d like to pay. If enough people suggest something, they’ll try and publish it as a co-buy! They seem quite flexible with what products they feature too. I’ve put in a cheeky request for a B.B Cream.
Hopefully, no disappointments
They’re sticking to products, and a limited number of them, so you shouldn’t have a situation where a deal is so oversubscribed that they’re unable to deliver.
You can share a deal with your friends, follow their Twitter and Google+ feeds, or check how the deal is doing on their Facebook live feed.
This seems like a great service so far, and a clever use of social sharing to encourage more purchases! From my chat, they seem really focussed on providing a high quality service too.
Will you be giving co-buying a try?