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

[DASHA]

I agree with Karl. In spite of all what some economists say, Groupon business model is still efficient for generating income. It might require significant efforts to build your solid customers base and to promote your business to make it popular and profitable, but it is the same with any other type of e-commerce website. People love saving money and they love getting discounts both when they shop for their private needs or for business. This will not change and this is exactly what group buying sites offer. One more good side of creating a group buying site is that there are many software providers offering solutions for building group buying sites for any budget so at least the technical part of starting that kind of business is relatively easy.