Born out Australia, Squizby is fast becoming known as the go to marketplace that benefits both the buyer and the seller. Our founder, Adam Hansen said it best;
"We created Squizby to harness the power of group buying for the benefit of both the buyer and the seller. Our aim, is to help our sellers sell more stock by tapping into buyers that may have previously been priced out of the market, whilst simultaneously enabling new buyers to access prices normally reserved for large companies."
A traditional marketplace might offer a buyer one item at one price, or perhaps even the option to buy 10 of an item for a cheaper price, but how often does one buyer need to buy 10 of the same item?
Or perhaps it gives them the option to participate in a group buy, where many people buy the same item at a cheaper price, but the transaction is only fulfilled if enough people purchase.
Squizby is different!
With Squizby, if a buyer purchases an item through a group buy, they lock in their price and the item is dispatched in much the same way as any other marketplace. After they buy, the price reduces, and keeps reducing every time someone purchases the item. At the end of the group buy, the difference between the price that each buyer paid, and the final group buy price, is credited to their online Squizby account to be used for future purchases.
This approach also greatly benefits our sellers by enabling them to sell more stock, at a potentially faster rate, with greater accessibility for their customers by offering a better price through a group buy, whilst still maintaining total control over their profit margins.
We believe that this very fair and simple approach to buying and selling online, returns buying power to the people, to the benefit of the individual buyer, and the seller alike.
