Is a business to business group buying site a good idea?

[Ngo Phan]

i plan to launch a b2b group buying site like groupon but offering goods and services that would be of interest to small and medium size businesses. I plan to source products from China and Vietnam and sell to SME in Australia, new zealand and USA. Alot of the factories in China have large minimum qty so it is hard for SME to do business with them and get the right price, i plan to create a web platform that would consolidate alot of small orders into large orders and send direct to clients.