Faire Exclusivity: Pros & Cons - Is It Worth It for Your Business?

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  • čas přidán 11. 09. 2024

Komentáře • 8

  • @kerrygearin3910
    @kerrygearin3910 Před 2 měsíci

    Thanks Lucy this is interesting. Is the exclusivity related only to the specific stock they buy or all products (as I suspect) ? I ask because some of my products are best suited to different types of retailers. Thanks again 😀❤️☀️💎

  • @BuildStrongHappyFamilies
    @BuildStrongHappyFamilies Před měsícem

    So interesting! Sorry if you answered this and I missed it... but do you know if there is a way to automatically keep other retailers in the same post code from purchasing? Or how do you keep track of and protect the exclusivity with a retailer?

    • @CandidFounders
      @CandidFounders  Před měsícem

      @@BuildStrongHappyFamilies hey yes faire does all of this for you if someone signs up for exclusivity. But they have to be a part of the programme for it to work. Retailers in that postcode can still see your products but they can see you have exclusivity switched on for their area and they won’t be able to purchase. If you want retailers to have exclusivity just lower the minimum to something fairly achievable. We’ve set ours at £3k a year so they have to be selling a decent amount of block off their post code to others

  • @TheKuppy
    @TheKuppy Před 2 měsíci

    everyone has overspent on their agreement...what was the minimum you set?

    • @CandidFounders
      @CandidFounders  Před 2 měsíci +2

      £3,000 at the time

    • @rebelandsiren
      @rebelandsiren Před 2 měsíci +1

      Thanks so much for the vid ❤ I have some exclusivities going on right now and so far it’s been great. I am also very interested in this new insider thing Faire is launching in August. Do you have any thoughts on that or can you explain it? You’re so good at explaining things ❤