Share price 170.20GBp 0.00 (delayed by at least 15 mins)

Portfolio

BuyVIP

BuyVIP
Region Germany
Status Former investment
View website

Nature of Business

BuyVIP is a private online shopping community founded in 2006 and operating in Spain, Germany and Italy. It grows exclusively through personal sponsorship and recommendations. Members of this community have the opportunity to participate in sales campaigns that run for a limited time and involve limited quantities of selected life-style or fashion products and brands.

The products are generally limited-edition items, ones not available in speciality shops, off-season products or stock-overs. Members can purchase these items at attractive prices, generally 30 to 70 per cent below the retail sales price. BuyVIP also serves as a platform for the launch of new brands and products. Registered members have the chance to test new products and provide feedback to businesses prior to official product launches.

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