Saveby

 
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Abstract: Saveby is a self-serve group shopping platform. It enable consumers from across the social web- who are interested in the same product, to band together and get it at group discount.  Sellers/brands/merchants on the platform enjoy mass volume sales and instant payment. A few key points:
  1. Saveby is strictly a platform which means it does not negotiate the deals, owns or stocks any products. It is not a group coupon business and has no geographical limitations.
  2. No registration: Any Facebook or Twitter user can simply connect to Saveby.  They can also Tweet the group deal to their followers and post it on their Facebook status feed
  3. To join a group, buyers must first commit with PayPal pre-authorization. Real money only changes hands once a seller agrees to the buyer’s group offer
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