A pre-order is an order placed for an item that has not yet been released. The idea for pre-orders came when people found it hard to get popular items in stores due to their popularity.
WordPress WooCommerce Pre Order Plugin allows the customer(s) to purchase a product from the store which is currently out of stock. And a customer can even purchase products which have not arrived at the store.
The plugin is very flexible in many ways as customers can order the items with multiple stock units with partial payment as well if allowed by the admin.
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