Tumpang goes global

Retail Published on 31 August 2007 in Retail

Back in April, we covered an example of consumers using their collective power to get what they want (aka crowd clout). Tumpang, pronounced 'toom' as in 'boom' and 'pung' as in 'rung', enables group purchases by letting consumers pool their influence to demand bulk discounts, saving a total of USD 26,855 to date. Malaysian Tumpang now wants to become the world's premier online bulk discount portal, and is launching its global site today.

Like eBay, Tumpang facilitates peer-to-peer buying and selling, allowing anyone to collect interest for an item, place a bulk order with a manufacturer and resell to peers. Unlike eBay, buyers don't compete with each other for a sale. Instead, they team up to grab a good bargain. As we mentioned before, helping (part-time) wholesalers secure buyers before ordering merchandise creates a low-risk form of alternative retail. One to watch as it expands!

Website: www.tumpang.com
Contact: support@tumpang.com

Comments on this idea:

Slogan: "It makes cents" ?!?
Sounds like a mispelled "It makes sense"

Is that supposed to be funny?

Now maybe it is just because this site just went global, but the current deals on here are not that great. A PSP for $200 USD - I can get one on Amazon for $169 USD. A universal remote for $167 USD - Its $100 USD on Ebay and Amazon. I will admit I don't know what additional quantity will do to the price. The PSP only shows 3 purchased and 3 available. I do not know how an additional 3 purchases might affect the prices. Even so, I am not that impressed so far.

im from malaysia, the PSP price in tumpang is cheaper than our retails here, i think it depends on what items and where are the buyers and sellers from

Post a comment:

Please note that Springwise is not associated with the company / product mentioned in this article.

Your email address will not be published with your comment.

 
 
 

Type the characters you see in the picture above.

 
About Springwise

Springwise and its network of 8,000 spotters scan the globe for smart new business ideas, delivering instant inspiration to entrepreneurial minds.
Time to start the next big thing!

Free newsletter

Don't miss a single
new business idea:
sign up for our
weekly newsletter.

Next issue due
2 December 2009.

You can also subscribe to our RSS feed.

Or follow us on