I came across this really cool business, that drew my attention immediately. Fabricly, is one of the latest fashion start-ups and has lofty goals; Fabricly wants to reverse and improve the current model of manufacturing and product production that is present in the fashion industry.
Fabricly uses crowdsourcing- a voting process to determine what apparel it will manufacture. What makes Fabricly different from the many other sites that are currently using the crowdsourcing model? It focuses on high end apparel production.
How does Fabricly work?
1) Designers submit product ideas to the website
2) The designs will either become a part of a competition in which website visitors can vote on the item they
like best, or it will directly go into the pre-order stage.
3) When shoppers place a pre-orders, the site will store their credit card information and see if the pre-0rder production number is met. If the product requirement is met, Fabricly will have the product manufactured. If this threshold is not met, then the order will be canceled, no charges to the shopper’s credit card.
How does Fabricly earn their revenue?
Fabricly uses a commission-based fee structure. Each time a designer’s item is purchased, the sites receives a 5-15% commission.
Take a look at their website: http://www.fabricly.com/shop









