When it comes to selling on Amazon Canada, you may find that Canada is a very small market. However, this platform can greatly contribute to the growth of your business.
- 1. Is Selling On Amazon In Canada Worth It?
- 2. How To Start Selling On Amazon Canada?
- 3. What Can You Sell On Amazon Canada?
- 4. How To Find Products To Sell On Amazon Canada From China?
- 5. Final Thoughts On Sell On Amazon Canada
- 6. FAQ About Sell On Amazon Canada
Amazon is one of the most powerful e-commerce platforms. It is an international marketplace where sellers can have incredible exposure to their business and can earn huge profits.
In addition, there are only a few competitors in this small marketplace, which allows you to get more customers and earn a lot of income.
Wondering if selling on Amazon Canada is worth trying? You are in the right place. You can go through this complete guide that will allow you to learn more about Amazon.Ca.
It will let you know how this platform can make your business a success story.
Is Selling On Amazon In Canada Worth It?
There are several platforms to sell products in Canada, so why choose Amazon?
Amazon is a great platform that can make you a considerable amount of money. Although it is a small marketplace, it can bring great success in a short period of time.
When you decide if you should sell on Amazon, it depends on the audience to whom you will be selling your product.
You should sell on the Amazon marketplace in Canada because it has the following benefits.
You’ll Face Less Competition
The Amazon marketplace in the U.S. is a vast platform. But, at the same time, they offer you a fierce competition.
Therefore, earning the required amount becomes so difficult. It is not easy to stand out from the crowd; you have to work harder to achieve your goals.
In the case of Canada, you may not have a large target audience. Still, it becomes so easy to make huge amounts of money. Everything shifts to a smaller scale and you can gain a good reputation in the market because there is no stiff competition.
Potentially Higher Profit Margins
One fact is that the Canadian Amazon marketplace is relatively small. It has only a handful of sellers.
Therefore, you will not find only a few competitors in the marketplace. This allows you to make a lot of money with slightly higher prices for your products.
But keep in mind that there is a huge difference between Canadian and US dollars. Therefore, when selling products in Canada, you should keep your prices a little higher.
Therefore, when you convert Canadian dollars to US dollars, you will get the profit you need.
How To Start Selling On Amazon Canada?
The Canadian economy has shown tremendous growth in the last few years. Beside it, the research trend of online shopping has also increased within the last few years.
During 2019, more than $1.85 billion came from e-commerce and more than 28.1 million Canadians shopped from online stores.
Even more surprisingly, Amazon is the online shopping destination for the majority of Canadians.
If you want to sell on Amazon Canada, here are the steps you need to take.
1. Choose The Best Products To Sell On Amazon Canada
Before you start selling on Amazon.Ca, you need to select the products you will offer to your audience.
You can use the Amazon Seller Product Research tool to find the most suitable products for your store.
It’s best to start with a few products. You need to know that the products you sell on other platforms, such as Amazon USA, will make you a huge profit on Amazon.Ca.
As a seller, you have no idea which products will generate high revenue. Therefore, it is highly recommended that you start out selling only a few products and then increase your product list over time.
2. Weigh The Amazon Canada Costs For Those Products
Selling on Amazon is a great option to make a lot of profit. But before you start selling products, you should check the Canadian currency prices of all products.
There is a huge difference between the Canadian currency and the US currency.
When you sell products on Amazon.Ca, the amount of dollars you will receive will be relatively small due to the difference in currency;.
In addition, sellers in the US always keep their prices higher so they can get a higher profit margin and can pay for shipping and duties.
The extra work required to sell on Amazon
When you sell on Amazon.Ca, you will have to do some extra work. As you know, there is a difference in currency between Canada and the United States. Therefore, when you convert your cost of sales from Canadian dollars to US dollars, your profit margin will be significantly lower.
Therefore, it would be a good option if you take some time and set your product prices in such a way to get the desired profit margin.
When you decide the price of your product, don’t forget to add shipping costs. US sellers always sell their products at a higher price. Therefore, they can pay shipping costs and other duties.
Therefore, don’t forget to include the price of shipping and duties in the selling price of your product.
Besides shipping, you have to pay taxes and duties. Therefore, do not forget to include all these costs in the selling price of your product.
Therefore, it is better to sell all your products at a higher price so that you can get a higher profit after paying shipping costs and other taxes.
Differences in exchange rates
There is a significant difference between the currency exchange rates in the United States and Canada. As a result, you may lose some of your profit when you convert Canadian dollars to U.S. dollars. Therefore, when you finalize the price, always keep it slightly higher. This will allow you to make a considerable amount of money.
3. Choose the right shipping method
When selling on Amazon, you have two ways to get your products, FBA and MFN. before you choose your fulfillment method, you can check the benefits of these two methods as follows.
FBA or Fulfillment by Amazon has various advantages over MFN. For example, if MFN, you may have to go through so many hurdles which can be problematic for you. It is not easy to export products from another country. Therefore, in this case, FBA seems to be a good choice.
It takes Amazon only two days to deliver all your products. Therefore, FBA is an undeniable way to get inventory.
In FBA, you will not have to deal with the customer service department. If you face any problem, Amazon will handle it. For example, if a customer is not satisfied with the quality of the shipment or they get a damaged piece, Amazon will take care of it.
Amazon’s fulfillment service reduces the cost of the product, takes only a few days to deliver the piece, and handles all customer issues. All these features make you a competitive seller at Amazon.Ca.
Amazon fulfillment service saves you time and gives you real peace of mind. As a result, you can focus more on your business and can achieve incredible success and great profit margins.
The merchant fulfilled shipping Is an excellent option to get the required inventory but keep in mind that:
- Products purchased from merchants are not banned in Canada. You can check Amazon’s listings and find the banned products there.
- Before importing a product, you should check all the rules and regulations that you have to follow when importing a product.
- Always choose an international shipping company that has a DDP.
- If you want to collect tax from your sales in Canada, register for GST.
- You should use global SKUs on your products.
4. Set Up The Correct SKUs In Amazon Canada’s Seller Central
The differences between global SKUs and market-specific SKUs are as follows.
Global SKUs are for all those who use merchant fulfillment accounts. As an Amazon seller, you cannot use the Global SKU for FBA.
With the help of Global SKUs, you can give sellers an idea of the total number of products available on all Amazon marketplaces.
You can use FBA for specific marketplaces. It allows you to separate the units and prices of different products on all marketplaces.
5. Customize Your Advertising Strategy For Amazon.Ca
You should choose your marketing strategy based on your needs and requirements.
There is a huge difference between Amazon USA and Amazon Canada. Therefore, it is better to choose the marketing strategy according to your requirements.
You can choose marketing based on keywords. Keyword search allows customers to find products quickly.
What Can You Sell On Amazon Canada?
Amazon is a great marketplace based in the United States. There are thousands of sellers and buyers on Amazon. They are well trained and offer the best quality goods from all over the world.
There is a huge list of products that you can sell on Amazon. Here are the best products that you can sell on Amazon Canada and they will make you a lot of money.
Home And Garden
Everyone wants to decorate their home and make it more luxurious. Most people are used to looking for the best quality and unique products. Therefore, Amazon offers you the most impressive products that can decorate your garden and home.
You can sell decorative items and other decorative items. You will find a wide audience in the market for their niche.
Well, these products you can sell in any season and earn a lot of profit. It is better to sell clothes for women and children because they can give more chances of making money.
In addition to clothes, you can also sell accessories together. Most girls look for accessories after choosing their clothes and if they can get both of them in the same store, it will save their time.
DVDs and Blu-rays
Well, these are becoming more and more popular day by day. Therefore, it can give you a lot of money. You can sell games, movies and other DVDs according to the needs of your customers.
Electronics are the most demanded products and you can earn a substantial amount of money by selling them. These products are not seasonal, so you won’t have a problem if you can’t sell them in time.
The popularity of these products is increasing day by day. Thus, they guarantee the success of your online store.
Beauty products such as cosmetics are precious to women. Apart from that, just like electronics, they are also in high demand and very fashionable. You can choose the most desired and high quality products and sell them on Amazon to make a profit.
Software is in demand today and you can offer it to your customers at a reasonable price. You can provide different software according to their needs and requirements.
Children have a high demand for toys and children. You can provide them with the best quality of toys. Apart from that, you can enhance your assortment by showing them different categories and other age groups of toys. This will allow you to make more profits.
Automotive parts and accessories
These are also highly demanded by customers.
Amazon is well known for offering auto parts and accessories. You can sell these products throughout the year.
Parents look for the best quality products for their newborn babies. Therefore, you can grab the attention of parents by offering them something unique and memorable. You can offer them different types of baby products like clothes, toys, shoes, and much more.
Groceries and gourmet food
Amazon also lets sellers offer groceries and gourmet food. These types of products can give you a huge profit margin because they are always in demand and everyone needs them.
Books were one of the first products Amazon offered to its customers when it started its online business.
There are some people who like to read books and search for all the books they need on the same platform. Therefore, you can sell books and make money.
You can sell sports and other outdoor products in your store. Parents are looking for the best quality and durable products for their children.
You can earn a substantial income by offering different sporting goods at economical prices.
Music is always in demand and you can provide them with music albums and other related products. You will get a considerable number of customers from all over the world. You can make incredible profits.
Health and Personal Care
Everyone wants to live a better, healthier and more energetic life. Therefore, look for different personal care products.
Customers always try to get the best quality goods at economical prices. Therefore, you can offer them high quality goods at the lowest price.
How To Find Products To Sell On Amazon Canada From China?
The Chinese market is known worldwide for offering the best quality goods at low prices.
Therefore, there are several platforms or markets in China from where you can source products. These products are sufficient to meet all your needs.
Labor in China is very cheap and raw materials are available at very affordable prices. Therefore, the lower manufacturing costs allow you to get the best quality goods at a more affordable price.
In addition, you can sell these cheaper products at a much higher price. You can make a lot of profit very quickly.
Here are the platforms that allow you to source products from China.
It is one of the best China sourcing companies. The company allows buyers to get the best quality Chinese products directly from the market at low prices.
The company provides you with a list of legal and reliable suppliers, which can guarantee you a high quality supply of goods. The company can handle all your problems so that you can focus more on your business.
The company can easily and professionally handle all your shipping and other related issues. They can advise you on the best way to ship your goods and help you during customs clearance.
The company also offers you help with FBA, and Leeline Purchasing can focus on all your responsibilities.
Alibaba is a wholesale website that has played a key role in the success of the Chinese economy.
It is a great marketplace where you can get products at affordable prices. It is not wrong to say that it is the biggest e-commerce marketplace, not only in China, but in the whole world.
You can contact a seller and can ask him if he can offer you a single product. Therefore, you can negotiate with the supplier and the minimum order quantity will not be a problem here.
On this platform, you can contact the manufacturer directly and find out the features of the product.
You can get all the goods at the lowest price and then resell them at a higher price to gain profit margin.
In addition to that, you can also get customized products. This can be a great tool to grab the attention of your customers.
The Chinese market offers you unique and durable products which are enough to grab the attention of your customers.
Guangzhou Wholesale Market
It is a popular wholesale marketplace in China, offering you the best quality Chinese products directly from the factories at low prices.
Chinese economy has become one of the largest economies in this world. China does not produce products to meet their requirements, but also provides them all over the world.
Therefore, most of the Chinese products you find around come directly from the Chinese market.
Guangzhou is the oldest market as it was established in 1980. You can get products from various categories such as textiles, electronics, jewelry, kitchen products, home decor and furniture, and many other products.
There are several benefits of buying products directly from this market. For example, first of all, the products you get here come from the factory. Therefore, the quality of the products is always up to standard.
The prices of the products are very flexible. You can let the seller know your budget and they can adjust the price according to your range.
Canton Import And Export Fair
The State Import and Export Fair, also known as the State Fair, is held twice a year, once in the spring and once if the fall.
Here you can get a massive display of countless products. Sellers from different parts of China showcase their work here and attract buyers from all over the globe. It is a great place to go and you can get all the products you need under one roof.
The Canton Fair has several advantages. For example, you can get all the products you need under one roof at the lowest prices.
In addition, since sellers display their products at Canton Fair to attract the target audience, you can check all the products and can get an idea of their quality.
Final Thoughts On Sell On Amazon Canada
Amazon is a great marketplace with thousands of sellers offering a myriad of products to a global audience.
Statistics show that Amazon allows sellers to flourish their business in a short period of time and lets them explore new opportunities in e-commerce.
Selling on Amazon Canada is a great opportunity for beginners. In this marketplace, you won’t have a large number of competitors, which allows you to earn a substantial profit margin. Therefore, you can move on and can start your online store here.
I hope you can benefit a lot from my guide. I will keep it updated. I am
a leading manufacturer of memory foam products in China. If you have
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