Wholesale Platforms: Faire Vs Ankorstore Vs Helloaboud Vs Orderchamp
Nov 23, 2022 | Shivanjali Kathpal
The wholesalers are investigated to bridge the gap between the brands and the retailers, making it much easier for the brands to find a prospective target market and retailers to make their inventory coffers more diverse with an array of products, each being qualitatively different.
In the era of technology, there has been a shift from physical warehouses to enhanced online presence through websites, social media handles etc which has in turn increased the susceptibility of growth and scope of brands, wholesalers and retailers.
Thus, B2B wholesale industry is a powerful drive contributing to the development of global business.Because wholesale is all about moving large quantities of product through long-term deal structures, it just makes sense that companies in this industry show significantly higher average order values (AOV) and order volumes. Its long-term nature also means customer-lifetime value is higher.
Some of the things which should be given importance by the wholesalers before opening a retail can be enlisted as- conversion rates, outsourcing, shipping costs, product pricing, social media, negotiating etc
With a plethora of B2B wholesalers popping up everyday, there are already some of them who have established their name worldwide like Walmart, Sears & Kmart which have momentous brands partnered with them. On the other hand, there are other neophytes who believe in supporting the small businesses and brands by providing their services which not only helps in enhancing their brand visibility but also boosts their business substantially.
Among all of them, let's discuss three B2B wholesalers who are considerably doing really well and have expanded globally in a trice:- Ankorstore, Helloabound and Orderchamps. The aforementioned wholesalers have made their mark seamlessly by providing quintessential service according to the requirements of the retailers and brands.
More about the companies:
Ankorstore
The Ankorstore marketplace offers a product catalogue of over 20,000 European brands to retailers who want to offer their customers a differentiated shopping experience and new products. Ankorstore’s activity across Europe tripled in the first four months of 2021, despite half of Ankorstore's affiliated retailers closing their doors during Lockdowns.
Ankorstore is a global marketplace dedicated exclusively to small businesses and independent brands equipped with cutting edge technology and a cutting edge catalogue where you can filter products per category such as home, food, interior, cosmetics etc.It s a business community that brings together retailers, brands, financial tools, logistics, management and customer Relationship Management tools.Ankorstore / Ankorstore Shopify integration / Hokodo /Ankorstore
The team of retail experts hand-pick high quality brands with compelling stories and strong values, to help retailers stock their store with unique products that their customers will love. And with net 60 payment terms and free returns. The platform gets the products in front of thousands of retailers with no fee to sell and flexible commission options. And also handle everything from promoting their brand via email to checkout, payment processing, and returns, so you can focus on creating amazing products.Hellbound looks for presentation, packaging and proof of sales. It also closely observes uniqueness and category clarity before connecting with the brand
Orderchamp is a digital purchasing platform that connects brands and retailers across all of Europe.
Today, it has connected with 100,000 independent retailers. it helps retailers to discover their new bestsellers, and brands to grow across borders. Through the power of curation, technology, data, and machine learning, it creates efficient solutions to offer them the best purchasing platform.Values that Orderchamp finds valuable in brands are social good, eco-friendly, handmade, organic, love for local etc.
The Analogy:Comparison
SWOT Analysis:
Faire is very strong competitor of all three wholesale brands ( Hello Abound, Ankorstore and Orederchamps). Thus, there are areas where all three of them need to improve and master their company.Faire being a leading independent wholesale brand is functioning much above the other three;
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