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Faire

Overview

Faire is an online B2B wholesale marketplace founded in 2017, headquartered in San Francisco, California. The platform connects independent retailers with small brands and makers from around the world, allowing retailers to discover and purchase unique products at wholesale prices. Faire operates in over 100 countries and serves over 800,000 retailers, providing them with access to hundreds of thousands of brands. The company offers various services for both retailers and brands. Retailers benefit from features like net 60 payment terms, free returns on first orders, and machine learning-driven product recommendations. Brands have access to a dashboard for real-time sales data, custom order forms, and fast payout options. Faire also provides a checkout system for flexible payment processing and supports international transactions with currency conversions and tax calculations. The company operates on a commission-based revenue model, taking a percentage of each transaction while offering incentives for brands to promote their products through the platform.

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