Name of system when group shop at one location to reduce cost of product and save $?
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I am trying to figure out what do you call it when people group up and buy products at a supermarket or retailer in bulk and in doing so the price of the product is reduced. And when I say they buy in bulk I mean each person buy one product but the whole group buy the products in bulk. What kind of system is that. I don't think its "alliance" or "network marketing."
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Answer:
We always called it pooling resources.
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