How does Mertado Group Buy work?
1. We list the item at a starting price (for the sake of this example, let’s set the starting price to $210). 2. If you are the first buyer, you commit to buying the item at the starting price, which in this case is $210. 3. However, you will likely not end up paying the price at which you committed to buy. And that’s because the price keeps going down as more and more people commit to buy. For instance, if 500 people committed to buying the product, the price might drop to $180. 4. Why should you not wait till the price drops even more before committing to buy? First of all, you are guaranteed to get the lowest price on the item irrespective of when you decide to buy. In addition to that, for jumping on the deal early and driving the price down, we will give you cash rewards depending on the final sale price. Finally, the item may sell out soon, and that’s anohter good reason to sign up early. 5. Since the final price and your reward depend on the number of sales we make, we encourage
