Tuangou / Group Buying With Regards To Online Services

Apr 10, 2009

I recently discovered the magic of Tuangou / group buying after a short stay in China. It made me wonder why this efficient method of purchasing things has yet to be popularised in the Western world. (See en.wikipedia.org/wiki/Tuangou for more information.)

I think that this is quite interesting when you look at the economics of server resources, in particular online data storage. I have been looking for around 100GB of cheap, reliable FTP space for a while now, but it seems that truly cheap storage is only available if you have terabytes of data to store. This has always prevented me from storing my data in 'the cloud'.

However, if the Tuangou principles are applied to this situation a lot of cheap storage could be realised so long as there were enough people to cover the yearly cost.

Which moves me on to the crux of my post...

As a home user or small business owner, would you be willing to wait longer for an online storage service to be provisioned and pay in advance if there were significant cost savings to be had?

(By significant cost savings I mean cheaper than Amazon's S3.)

I'm currently looking to set up a company offering just this, but do not wish to enter the market until I can substantiate my own views and until I can be sure that my target market does not solely consist of me.

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