The new partnership will make Faire Shopify’s recommended wholesale marketplace

Faire , the world’s leading B2B retail marketplace,  announced a new global partnership with Shopify which will make Faire the recommended wholesale marketplace for Shopify, providing its services to millions of sellers around the world. This collaboration brings together two global leaders in the commerce and retail sector, with the aim of expanding Shopify’s B2B offerings and facilitating growth processes for independent brands and retailers who choose the services of both companies. As part of the deal, Shopify will also become a shareholder in Faire, highlighting the leading e-commerce company’s commitment to this partnership.

“Here at Faire we have always admired Shopify’s approach, very similar to ours, for designing tools capable of helping retail entrepreneurs improve the efficiency of managing their businesses”, commented Max Rhodes, co-founder and CEO of Faire. “By reducing the barriers to entering the B2B sales sector and developing long-term relationships between our company and customer communities, we have the opportunity to unlock many opportunities to facilitate the large-scale growth of smaller businesses”.

The partnership establishes Shopify Point of Sale (POS) as the recommended provider for Faire’s community of independent retailers, enabling unified commerce operations both online and in physical stores. This will build on a rich inventory of products already available and the integration of the ordering system on Faire, which has been able to improve efficiency and sales volume for Faire customers since 2021. Thousands of Faire sellers already use Shopify, and many other sellers operating on Shopify will now benefit from even greater access to Faire services, which can help retail entrepreneurs manage their businesses efficiently during a critical economic time for the whole planet.

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“Through our strategic partnership with Faire, we are doubling down on efforts to help the B2B commerce sector. This collaboration will make it easier for Shopify sellers to find new wholesale buyers through Faire’s wholesale marketplace; Furthermore, sellers will be able to more easily find the products they are interested in thanks to the network of brands present on Faire”, commented Aneeqa Khan, Director of Product at Shopify. “We are happy to join forces with them to make commercial operations even more better and simpler for independent businesses.”

Through the partnership, Faire and Shopify will introduce new ways to help businesses grow and manage their B2B offerings on both platforms. Customers of both services will have the following features available in the coming months:

• Sellers operating on Shopify will be able to conveniently reorder all best-selling products from a catalog containing over 10 million products available on Faire, via a Faire Buyer app fully integrated with Shopify. Additionally, Faire products and inventory will be efficiently synced with sellers’ Shopify POS system for sales operations in physical stores.
• New sellers joining Shopify can also benefit from the ability to discover Faire’s services during the sign-up phase, helping them quickly find and purchase the inventory they need from more than 100,000 brands on Faire.

This partnership will strengthen Shopify’s commerce offerings to make B2B sales processes even easier, extending Faire‘s marketplace and the value its platform offers to all sellers operating on Shopify, thus helping communities of large and small entrepreneurs aa grow your business and diversify it as best as possible.

SOURCE: Businesswire