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Am I able to sell a product on presale?

Selling a product as presale is an excellent way to gauge interest and estimate expected volume of sales for product launches or even limited releases.

General Best Practices/Considerations

Timing:

  • With best effort, starting a presale no more than 1 month ahead of the expected fulfillment (shipping/delivery) date to the retailers.
  • With high confidence, the brand should provide the expected date the product will be available in market for a retailer to purchase from the distributor.
  • minimum 2-week buffer period should then be placed for the product to be delivered from the distributor to the retailer, for subsequent fulfillment to the customer.
  • If uncertainty with product availability or distribution to the retailers, expected fulfillment dates should not be made explicit on product pages, confirmation emails, or other customer-facing communications.
  • Brand<>Distributor<>AccelPay<>Retailer must be in communication around any delays or updates around product availability. This way AP can communicate updates as accurately as possible to the impacted customers.

Pricing Information:

  • Pricing must be confirmed by Brand<>Distributor<>Retailer for the expected Price to Retailer and Suggested Retail Price to the consumer.
  • Any purchases that includes a presale item will default to fulfillment along the presale timeline.

Customer Communications:

  • Where possible, expectations around fulfillment should be communicated to the customer. Common places to communicate that the product is for presale are:
    • On the product pages, including banner on site/product page.
    • Copy on the purchase buttons
    • In the shopping cart experience (a disclaimer can be inserted in the AP cart)
    • In the confirmation email, post purchase
    • In follow up email communications with customers post purchase in advance of fulfillment.
      • Brand<>AccelPay can create an email macro for support inquiries around order updates.

Estimated Volume:

  • If previously sold online, any data on past order volume by product and location will help retailers estimate required inventories over a given period of time.
  • If not previously sold, Brand<>AccelPay can set allocations by retailers based on conservative estimates. Additionally, Brand<>AccelPay can ensure backup inventory is staged for deployment to retailers on short notice, if needed.
  • In either case, Brand<>AccelPay should set a conservative, fixed inventory for availability of the product via presale. This can always be updated based on market demand, or updated availability by market.

Product Types:

  • LTO (limited time offerings)
  • Allocated Products (that periodically become available in markets to retailers)
  • Any product set for an upcoming release where gauging market demand might be helpful for marketing/operational purposes.

Retailer Locations/States that are Open to Presale

  • All retailers in all states
 
 
Product Screenshots:

“Pre Sale” vs. “Available” product setting can be updated by variant in the AccelPay Portal, Listings Settings

“Add to Cart” Button Automatically Updates to “Pre-Order” if the product setting is changed. Brand is also encouraged to include a disclaimer or banner on the Product Page highlighting that the product is for “Presale”

The AccelPay cart can include a “Disclaimer” with additional language around expected fulfillment dates, etc. For more information about adding custom text to the cart, please click here.


 
 

 

Ready to set up your product on presale?

Follow the process for adding a new product and start by adding your presale product information to your Brand-to-Retailer pricing sheet and send it over to success@accelpay.io to get started!