I'm a buyer. Are the products bought by the group genuine? Why is it so cheap?

There are both genuine and fake products, so you need to distinguish them carefully when buying. The reasons for being cheap are as follows:

For a group buying website, if consumers want goods to be cheaper, they should mobilize friends around them to buy together. For the same commodity, they should buy more than one at a time with their relatives and friends, so that although the profit of the unit price commodity declines, they can also get considerable profits because of the large amount of one-time purchase, which is also a business model of small profits but quick turnover.

I'm a buyer. As the group buying platform was established relatively late, it is difficult to shake the e-commerce status of Taobao, Tmall, JD.COM and even Vipshop. Only by reducing the cost of merchants' settlement will we attract a steady stream of merchants to settle in. The low cost of e-commerce platform can also make Pinduoduo's goods have room for price reduction.

There are indeed many eliminated products, such as 26-inch TV sets, which are basically not on the market now. Many obsolete products that are not sold after sale are basically realized as much as they are sold, and no one will buy them if they are expensive. Finally, there are many goods that are not first-line brands, such as Kang Shuaifu and Super Bear. Many rural people are willing to accept such goods. The bottom line is that as long as there is no security risk, it is practical.