Consumer Group Buying is a business activity that involves a group of consumers coming together to purchase goods or services at a discounted price. This type of buying is usually facilitated by a third-party platform that connects consumers with businesses offering the products or services. The platform negotiates with the businesses to offer a lower price to the consumers, who then commit to purchasing the product or service if a certain number of people also commit to the purchase. Consumer Group Buying is a popular way for consumers to save money on products or services that they may not have been able to afford at full price.