New Virtual Shopping Hub Goes Online

Business | October 10, 2011, Monday // 15:45|  views

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Galoo brings buyers and sellers of products and services together, locally and across the globe.

It is a virtual e-commerce social shopping hub where buyers initiate and set the price requirements first "beating the advertised price" and ask registered sellers to accept the price.

What makes this platform special is not only the fact that the buyers make an offer on products but have the chance to "beat the price" on services too.

The service sparked quite an interest among buyers and sellers online, attracting 250 000-plus unique visitors during the two-week pre-launch period.

"Galoo is a new concept in e-commerce, trade and social shopping that makes bargain hunting fun, easy and assessable to anyone with internet. In today's economic climate, an e-commerce site like Galoo seems to be exactly what, not only buyers, but sellers are looking for. Buyers are at their virtual doorstep. You can envision how this excites the sellers and how many are signing up on Galoo" says co-founder Alison Andrews.

"As just recently reported in a major newspaper, research by an online shopping company shows that three quarters of us are too shy to haggle for a better price in the UK alone, Galoo takes that shyness away. All transactions are discreet and the price is only known between the buyer and seller which protects pricing for the seller as well. In the end, we take uncertainty and hesitation out of the equation. Bargain hunting and selling at its finest" says co-founder Manos Ioannidis.

Galoo has been equipped with a savings calculator with a philanthropic twist.

The tool calculates your savings and gives you the chance to donate some of the money you saved directly to the registered charity organization of your preference.

All that buyers and sellers need to do to take advantage of the Galoo platform is to fill out the free-of-charge registration form.

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Tags: online trade, buyers, sellers, transaction


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