Kactoos
Encyclopedia
Kactoos is a social network service
Social network service
A social networking service is an online service, platform, or site that focuses on building and reflecting of social networks or social relations among people, who, for example, share interests and/or activities. A social network service consists of a representation of each user , his/her social...

 and group buying
Group buying
Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase...

 site created by Kactoos Group and headquartered in Miami, Florida
Miami, Florida
Miami is a city located on the Atlantic coast in southeastern Florida and the county seat of Miami-Dade County, the most populous county in Florida and the eighth-most populous county in the United States with a population of 2,500,625...

. Its slogan is "Shop together and save". Kactoos is available in Spanish, English and Portuguese.

The site is not an online store, but a shopping platform that allows users to join groups in order to buy a particular item. The more users join a specific product's group, the lower will its price be. This mechanism is known as Tuangou
Tuangou
Tuángòu , which loosely translates as team buying or group buying , is a recently developed shopping strategy originating in the People's Republic of China...

.

The system allows users to purchase products at the lowest price by creating groups of people who share a common interest. These groups can be created using different applications on social networks such as Facebook
Facebook
Facebook is a social networking service and website launched in February 2004, operated and privately owned by Facebook, Inc. , Facebook has more than 800 million active users. Users must register before using the site, after which they may create a personal profile, add other users as...

, Orkut
Orkut
Orkut is a social networking website that is owned and operated by Google Inc. The service is designed to help users meet new and old friends and maintain existing relationships...

 or Sonico
Sonico.com
Sonico is a free-access social networking website oriented toward a Latin American audience.Users can search and add friends, update their own personal profile, manage their privacy, upload photos and YouTube videos, organize events, challenge other users in 6 multi-player and over 200...

. This service is also available for use with mobile devices such as iPhone
IPhone
The iPhone is a line of Internet and multimedia-enabled smartphones marketed by Apple Inc. The first iPhone was unveiled by Steve Jobs, then CEO of Apple, on January 9, 2007, and released on June 29, 2007...

s or Blackberries
BlackBerry
BlackBerry is a line of mobile email and smartphone devices developed and designed by Canadian company Research In Motion since 1999.BlackBerry devices are smartphones, designed to function as personal digital assistants, portable media players, internet browsers, gaming devices, and much more...

. The integration of other services like Twitter
Twitter
Twitter is an online social networking and microblogging service that enables its users to send and read text-based posts of up to 140 characters, informally known as "tweets".Twitter was created in March 2006 by Jack Dorsey and launched that July...

 is also useful to alert a user's contacts about his or her online activities.

Kactoos is not an online auction system because its users don't have to compete with each other to acquire a particular article. Those interested can get together to obtain a discount from the seller. Auctions are exclusive (there is always a winner and several losers) and Kactoos is inclusive, since all users obtain a benefit.

External links

  • Kactoos.com - Official Site
  • Kactoos App for iPhone, iPod Touch and iPad at the iTunes Store
    ITunes Store
    The iTunes Store is a software-based online digital media store operated by Apple. Opening as the iTunes Music Store on April 28, 2003, with over 200,000 items to purchase, it is, as of April 2008, the number-one music vendor in the United States...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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