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Preorders have always been an integral part of strategic inventory planning within the apparel wholesale industry. For brands, preorders help gauge interest in new styles and predict the next bestsellers, allowing them to better plan production on popular styles in advance.
In the past years, we have seen preorder sales on Faire grow significantly. To meet that demand, our team has invested heavily in building tools that reduce the burden of managing preorders and drive more sales each season. We strive to continue to connect brands with thousands of new global retailers while offering unique financial tools to help our customers grow their businesses.
In 2021, we debuted a new preorder marketplace exclusively for apparel, footwear, and accessories brands. Last year, we also debuted our first Faire Fashion Week—our dedicated apparel and footwear preorder event. In March of 2022, we returned with our second Faire Fashion Week, where retailers purchased around 340,000 products, and the weekly preorder volume increased by nearly 9x.
Now, to help you continue to increase demand for your preorders and connect you with more retailers around the globe, we’re holding our third Faire Fashion Week event, taking place September 18-24 2022. In combination with our improved preorder tools, we hope Fashion Week will help you drive larger orders from new and existing customers.
Improved selling tools
We’re excited to provide you with the best tools to make selling preorders on Faire easier, intuitive, and more successful for your business.
- Product upload tools: Our bulk uploader and integrations with common ERP systems make it easier to add your entire preorder catalog at once, reducing the effort required to get preorders ready to sell on Faire.
- Brand portal updates: Our redesigned brand portal simplifies accepting preorders, including updated order search and filter capabilities, and seamless tools to message customers directly from an order.
- Edit orders: If a retailer needs to change their order, you can easily edit preorders after they’ve been placed. Add more styles, adjust sizing, or remove products in an instant.
- Split orders: Delayed styles happen. You can now split an existing order into two or more orders, as product production shifts. Splits help you account for unforeseen shipping delays on products, customer requests to ship to multiple addresses, and more.
- Invoicing: To help your retailers place orders, you can write preorders on their behalf, then send them a simple invoice that they can pay without signing up for Faire. If they do sign up, you can extend the benefits of Faire Direct at 0% commission.
Unique incentives for buyers
By selling on Faire, you can drive more preorder sales each season by connecting with new global retailers looking for up-and-coming styles. You can manage inventory and orders through our unique set of tools, built specifically for apparel brands. Finally, through Faire Direct, you can offer your existing buyers unique incentives that help them buy more from you—at 0% commission.
Learn more about preorders in the Help Center.
