If you are doing a collection quest or have a slave that skins, then using an IWT -> all others is really useful. Loot with your main then IWT with the others until they have all looted, then keep on truckin'. Otherwise just loot with you main and give them the big bags first.
Edit: IWT is very useful for mounting vehicles. Target the vehicle and IWT- > all and everyone mounts the vehicle and starts following again. Argent tournament is a great example where this is useful.
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