This is used in contract pricing. All customers in a specific contract pricing buying group receive the same contract prices.
the banding together of several dealers to purchase items in bulk at reduced rates.
A group of noncompeting retailers who analyze, select and purchase products and services, such as advertising and equipment together. Also called chain-owned buying group; affiliated chain.
A group of customers who join together to buy electric energy in order to receive lower rates or to support a cause. The buying group does the shopping for its members and makes their buying decision for them. May also be referred to as an aggregator or a cooperative.
A group of independent retailers who form a relationship that enables bulk buying to attract special prices or discounts not normally possible as individual stores.