With the rapid spread of the Internet, we have the opportunity to buy the products we want to buy in markets, shopping malls, bazaars and now with just a few clicks. Increasing access to the Internet every day, reaching more people every day increases the number of people who are connected to electronic commerce. Among the world's leading brands, there are brands that invest in electronic commerce. This shows the importance of electronic commerce. If we look at this importance of e-commerce by means of numbers; Worldwide Retail E-Commerce Sales (March 2018 Statistics) $ 1.9 billion in 2016, $ 2.3 billion in 2017, $ 2.8 billion in 2018, $ 3.3 billion in 2019, $ 3.9 billion in 2020, $ 4.5 billion in 2021 given. Considering the rapid increase in e-commerce sales in recent years, it is spoken that e-commerce sales will reach 20% of total retail sales and even up to 30% by 2030.
Buying.com is one of the electronic commerce projects. He wants to reshape the shape of e-commerce as the last generation companies do. Buying.com aims at market efficiency, which is not available in previous generations by using ledger technology (blockchain). There are 4 different elements in the Buying.com business model. These;
· Core E-Commerce Model
· Micro distribution model
· Direct Consumer Pricing
· SnapForce Backoffice Operations
Some features of Buying.com include;
Low start-up cost: E-sellers can start without much pre-sales, because the sellers don't have to buy their inventories, so they can afford to invest in wholesale levels or the cost of producing their own products.
New market opening - Sometimes achieving products beyond international borders can be expensive and challenging, but sellers who work with strategically positioned suppliers often have the opportunity to access the same or similar product offerings quickly. This allows vendors to test the market.
The Buying.com project offers several advantages for retailers:
Cash flow increase: Sellers are not paid until products are sold.
Scalability: Products can be tested by the consumer.
Lifetime Customer Value
Cost Reduction: Costs can be reduced because the dropshipping method is used.
There is almost unlimited inventory because the dropshipping method is used - almost unlimited inventory.
To summarize the method of buying.com in general; Elimination of price increases along the supply chain provides great savings to the consumer “. To summarize the purpose of Buying.com; to create the first e-commerce platform that enables online stores and consumers to buy directly from manufacturers. General features include; A new generation of Decentralized E-Commerce Platform that uses the power of distributed notebook technology along with Bulk Pricing, Real-Time Logistics, E-Commerce on Demand, Two-Hour Guaranteed Delivery and Cryptocurrency.
Buying.com's team includes Raghu Bala as CEO, Joshua Jahani as Chief Strategy Officer, Jean Gabriel as Buying.com founder. When we look at strategic consultants, Jason Hung, Sam Bourgi, Josh Lamont, Kris Jones and Vince Tullo are seen as senior advisors. Chris Nash, as Technical Consultant at Buying.com- has the name. Tittu Varghese, Dr. Phuong Do, dr. Amir Vahid, Duong Nguyen, Sreeraj S, Hung Nguyen, Lich Mac, Tuan Le, Joseph Gwinn, Huy Pham.
Information About Token
Token Icon: BUY
Platform: Ethereum
Type: ERC20
ICO Price: $ 0.07
Token Amount For Sale: 500,000,000 (Eth and btc investment)
Contact Addresses
Website Address: https://www.buying.com
Facebook Page: https://www.facebook.com/buyingcom
Twitter Page: https://twitter.com/buying_com
Linkedin Page: https://www.linkedin.com/company/buying-com/
Telegram Page: https://t.me/buyingcom
Reddit Page: https://www.reddit.com/user/buyingcom
Githun Page: https://github.com/Buyingcom
Medium Page: https://medium.com/buying-com
Bitcointalk Page: https://bitcointalk.org/index.php?topic=4925094
Mail Address: [email protected]
