What is Group Buying?
Group Buying, also known as collective buying, is a form of joint purchase of a certain product/service organized by a third party at a significantly reduced price depending on the number of buyers who make the purchase.
Example: Course A costs $5,000. If one person buys it, he/she must pay $5000; but if 10 people buy it as a group buy, the price is only $500 per one.
Group Buying at Library of Trader
Library of Trader offers online courses in Trading, Investing, and Cryptocurrency through Group Buy and Membership model.
At Library of Trader, you only need to pay 10% of the original price regardless of the number of buyers in a group buy. You also earn credit points even when group buy is successful or not ( 5% and 10% of your order respectively).
Example: Course A costs $5,000. You join a group buy and pay $500. If group buy is made successfully, you will earn 25 credit points (5% of $500). And if group buy fails (see our FAQ for more details), you will earn 50 credit points (10% of $500).
- 1 credit point = $1
- You can use credit points as vouchers for the next purchases
Unique Services at Library of Trader
Library of Trader provides a Course Finding Service for on-demand courses that cannot be found on our website. All you need to do is to send us the link of the course you want. We will notify you as soon as possible.
Library of Trader also provides a Course Request Service where you can request any course in need. We will decide whether to hold a group buy or not after considering all conditions regarding the course you request.
In addition, if you are the first one to request a course and join its group buy, the course then becomes HOT group buy and attracts more buyers, you will get credit points (10% of your order) as a reward.
Example: You are the first one to request for course A which costs $5,000. You pay $500 to join its group buy and we successfully purchase the course. This course then becomes a best seller on our website, you will immediately get 50 credit points (10% of $500).
Product Cycle Life & Price Range
Our memberships are crafted to enable every trader to download any courses in the Membership List more easily and economically.
You can upgrade your account to Membership if you want to keep your learning in a continuous and saving manner.
We do NOT automatically extend your membership without your agreement. In case you want to extend your membership, feel free to contact us via email or Skype.
Library of Trader currently offers 3 membership packages:
- 1 month ($49): Download 150 courses in the Membership List (You have a limit of 5 downloads per day; the unused downloads are NOT counted into the days after).
- 3 months ($117): Download 450 courses in the Membership List (You have a limit of 5 downloads per day; the unused downloads are NOT counted into the days after).
- 12 months ($390): Download 3,600 courses in the Membership List (You have a limit of 10 downloads per day; the unused downloads are NOT counted into the days after).