Having a wholesale business online gives you more opportunities to deal with other businesses and fulfill their bulk orders with a good amount of profit margin on each order. To be able to create an online wholesale store, store owners get many different options such as – they can either list their products on a B2B / wholesale marketplace like Faire wholesale, Amazon Business, Alibaba, etc. or create their own wholesale store on the e-commerce platforms like Shopify, WooCommerce, Prestashop, Magento, etc.
In this article, we will compare selling on the Faire marketplace and having your own separate wholesale store on Shopify and help you decide which option is the better option.
What is Faire?
Faire is a wholesale marketplace that connects businesses with a wide range of products to sell. Faire is great for businesses that are looking to sell products to other businesses, as it offers a wide range of products and a large customer base. Faire also has a number of features that make it easy for businesses to find and buy products, including product search and filtered results, as well as a review system that allows businesses to read reviews and compare products before making a purchase.
About Shopify Handshake Wholesale Channel
Shopify has a wholesale channel (marketplace) that allows businesses to sell their products to other businesses through Shopify. The Shopify Handshake Wholesale Channel offers a number of features that make it easy for businesses to list and sell their products, including bulk product uploads, automated order management, and real-time inventory sync.
Alternative to the Shopify Handshake wholesale channel, you can choose to run your own wholesale e-commerce store/site on Shopify by using Shopify Plus or using 3-rd party Shopify wholesale apps.
How does Faire compare to Shopify?
Both Faire and Shopify offer a number of features that are beneficial to businesses selling wholesale. Here are some differences between these two platforms.
- Faire is a marketplace that connects businesses with a wide range of products to sell, while Shopify is a platform that allows businesses to form and manage their own online stores.
- Faire offers a number of features that make it easy for businesses to find and buy products, including product search and filtered results, as well as a review system. Shopify also offers these features, as well as additional features such as abandoned cart recovery and social media integration.
- Faire charges a commission amount on each sale, while Shopify charges a monthly fee to run your e-commerce on their platform.
So, which platform is the better choice for your business?
Here are a few things to consider:
- If you are looking for a platform with a wide range of products available, Faire is the better option.
- If you want to have maximum control over your store design and management, Shopify is the better option.
- If you are looking for a platform with a wide range of features, Shopify is the better option.
Overall, it really depends on your needs and the things that you require to run a successful wholesale store.
How to create a Wholesale Store on Faire?
If you want to fix up a wholesale store on Faire, the first step is to create an account. You can sign up for a free trial here.
Once you have made an account, you will be able to access the Faire dashboard. From the dashboard, you can add products, set pricing, and manage orders. You can also customize your store design, including your store name, logo, and color scheme.
How to create a Wholesale Store on Shopify in easy steps?
If you are interested in setting up a wholesale store on Shopify, here are the quick steps on how to do that:
- Sign up for a Shopify account
- Choose a plan
- Connect your domain
- Select a theme
- Add products to your store
- Set pricing
- Install required Shopify discount apps
- Set wholesale discounts on products or for individual customers
- Start selling at wholesale rates to your customers
Sum Up
In conclusion, both Faire and Shopify offer great features for businesses selling wholesale. However, it really depends on how you want to set up and the strategies you’ll you to market your products to the right set of audiences. You can also choose to have multiple wholesale stores like – selling on the Faire marketplace and having our own wholesale e-commerce store at the same time.
Happy Wholesaling 🙂
