Faire Alternative: Finnalby
Comparison of Finnalby vs Faire: Navigating the Wholesale Platforms for Brands and Buyers
Faire vs Finnalby
Understanding the key differences and the similarities of what both have to offer its brands and it’s buyers.
Wholesale Brands
Retail Buyers
Faire
Faire Wholesale, is a platform for individual sellers to showcase their items to a global audience. It focuses primarily on connecting independent brands and retailers for wholesale buying and selling. While they also feature handmade items like Finnalby, the emphasis is more on bulk transactions and less on individual craftsmanship.
Finnalby
Finnalby, on the other hand, is the new kid on the block to look at.
Finnalby is a multifaceted platform where wholesalers sell to resellers, and retailers sell to buyers all in one account. Its uniqueness lies in this versatility—There is not another online space that does this currently on the internet. (Is that even possible in this day and age?) Yes it is, Finnalby is paving the way for this new era of ecommerce. If you are looking to keep your business simplified and under one roof, this is your platform. Time saving is a key factor of success with Finnalby. Manage everything together. For instance, if you buy wholesale products on Finnalby, you can, then convert it right over to your Retail market on Finnalby and sell those products in just a few clicks to buyers. You can even open up your stand alone website on Finnalby called Weavly, ( which they are rolling out shortly). More and more facets to their platform are being rolled out daily it seems. Finnalby is also implementing a new dropshipping platform that will allow resellers to integrate and buy right on Finnalby and Sell in this same space with a plethora of analytical data. Finnalby is also notable for its commitment to electronic communication and online community-building, with a focus on helping sellers succeed through SEO optimization and a range of educational resources, with sellers being able to sell online classes and tutorials right from the site.
Key Differences
Product Types
Finnalby: Offers a diverse range of products from wholesale and retail items, handmade and soon dropshipping.
Faire Wholesale: Primarily focused on wholesale items suitable for retail reselling, with less emphasis on handmade.
Vetting Process for handmade products
Finnalby: Employs a human-driven vetting process to ensure that only genuinely handmade products make it to their 'Strictly Handmade' section.
Faire Wholesale: Generally relies on quantity and order metrics to validate the credibility of sellers.
Educational Content
Finnalby (coming soon): Provides options for artisans to not only sell their products but also offer online classes and tutorials.
Faire Wholesale: Lacks a comprehensive educational aspect for brands.
Technology
Finnalby: Uses technology to aid in SEO optimization, offering an analytics dashboard for sellers.
Faire Wholesale: Offers order management tools and market trends analytics but lacks SEO-specific features.
Focus on Community
Finnalby: Strong focus on building an online community of diverse sellers.
Faire Wholesale: More focused on connecting brands with retailers than creating a sense of community among sellers.
Key Similarities
User-Friendly Interface
Both Finnalby and Faire Wholesale offer intuitive, user-friendly platforms that make the buying and selling process straightforward.
Seller Support
Both platforms provide resources to help sellers understand how to make the most out of their online selling experience.
Pricing Comparison
Faire 15% Commission
Finnalby 12.5% Commission
Thoughts All in All
While both Finnalby and Faire Wholesale offer excellent platforms for artisans and retailers, they cater to different needs. Finnalby stands out for its community-building features and diverse product offerings, whereas Faire Wholesale is best for those looking to dive deep into the world of wholesale. Depending on your business model and goals, you'll find unique opportunities for growth on each platform. Adding both sales channels may be your best option to be on the right path to online success.