SME's and individuals to benefit from pooling power
SINGAPORE - Small business are now able to purchase single office products or services,
at bulk buying prices, through Limborock's pool buying e-commerce
site, launched in Singapore this week.
Although the site also has a wide range of consumer products, it is the
Small and Medium-sized Enterprises (SMEs) that will benefit most from the 'Time-Volume Pool Buying Process'.
Limborock's 'E-market aggregator' system allows both local and international consumers to buy products and
services with discounts normally only enjoyed by large corporations, who buy in bulk.
Limborock's simple system
works by consolidating multiple users' buying power, to drive the prices lower, effectively empowering consumers
to decide the prices they want to buy at.
"Businesses that usually buy in bulk have the advantage of being able to control an item's price either through the quantity or timing of their order. By bringing individual buyers together, Limborock effectively creates one bulk-buying customer for the supplier, who in turn can offer substantial discounts. Domestic consumers will also benefit by being able to buy at lower as well as help, collectively, to drive prices down."
- Peter Chan
Chief Strategic Architect
Limborock
Limborock's Time-Volume system allows the customer to either buy a product or service immediately,
at an already reduced rate, or to wait until the end of a buying cycle when more users will have joined and driven
the price lower.
Limborock users can just wait for this to happen naturally, or via the site they can e-mail their
friends to get them to join the buying pool, helping to reduce the prices further.
Limborock not only has products and services ranging from Spa membership packages and adventure watches, to fax
machines and conference telecom equipment, but also offers quick and reliable global delivery.
From their Singapore
logistics centre, items are dispatched for door-to-door delivery, arriving at the buyer's address within five to
seven days.
About Limborock
Limborock was incorporated in Singapore in 2000. The company is owned by Articulate Corporation which is incorporated
in Malaysia. Among the shareholders of Articulate Corporation are Citicorp Capital and the Nippon Investment Fund.
Articulate Corporation is a leading multimedia, Internet technology and Incubation Company, which has been active
in Asia since 1995 and has been awarded Malaysian Multimedia Supercorridor Status. Limborock Customers will enjoy
savings of on average between 30%-40%
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