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Pricing groups are not new. Farmers’ co-operatives date back to colonial times while independent grocers and hardware stores have had purchasing alliances for decades. But in the early 1990’s the Internet greatly simplified the process of finding large numbers of buyers with similar needs. The result was a dramatic increase in the number of purchasing groups.
Pricing groups are not new. Farmers’ co-operatives date back to colonial times while independent grocers and hardware stores have had purchasing alliances for decades. But in the early 1990’s the Internet greatly simplified the process of finding large numbers of buyers with similar needs. The result was a dramatic increase in the number of purchasing groups.
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