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A Group Buy (GB) is a type of pre-order for a product before it has been manufactured. A GB is usually open for several weeks. At some point after the group buy end date, typically within a week, vendors place the order with the manufacturer.
The term "pre-order" is often used when referring to extra product ("Extras") purchased by AlphaKeys to sell after the group buy period has ended. This allows people who missed out on the group buy to have a chance at purchasing the product without being subject to exorbitant aftermarket pricing. To account for the opportunity cost of holding this extra inventory, Extras are typically priced higher than the group buy price.
AlphaKeys also uses the pre-order terminology for items that have already been ordered and are in production or en route to the vendor.
In the case of group buys, once the group buy period ends, the product order is placed. Then, according to the estimated timeline, the products are manufactured and shipped AlphaKeys. Once we receive the products fulfillment will begin and you will be notified of your order being shipped.
If you purchase multiple group buy, pre-order, and/or in-stock items in the same order, we will ship them together when all items are available. You can pay for shipping separately if AlphaKeys receives an item earlier than another.