Tuesday, 2 June 2020

Top 5 Online Marketplaces In Canada

Canada has become one of the most profitable online marketplaces in the world with an increasing number of buyers and sellers in recent years.

The Statista report reveals that nearly 28.1 million Canadians have bought products and services online in late 2019. Even, the retail eCommerce market is estimated to generate a huge revenue that can surpass 33 billion US dollars by 2024.



That’s huge!

Thus, from the figures, it is evident that the online marketplace in Canada is reaching heights.

Canadians prefer shopping from their favourite online markets and eCommerce sites. People in Canada prefer shopping from the multi-seller marketplace because of the following reasons:

  • Online markets and eCommerce sites have a large product range.
  • eCommerce sites have competitive pricing.
  • It has free shipping and delivery at your doorstep.
  • eCommerce sites have an easy ordering facility.
Sellers in Canada have started transforming their traditional businesses to eCommerce sites. The growing trend of online shopping has proved to be a profitable business in recent times.

If you are a seller in Canada, then you should prefer the following online marketplaces in Canada as your destinations:

Amazon.ca Marketplace


Amazon.ca is one of the largest marketplaces in Canada. The marketplace comes loaded with a range of perks such as access to millions of customers in North America, access to a new sales channel, building your brand value and reputation, increasing your product exposure along with secure and reliable payment systems.

eBay.ca Marketplace

It is one of the oldest marketplaces in the world and also in Canada. It helps the sellers with optimizing their listings and selling, shipping and returns, receiving payments, and evaluation of performance along with protection.

Etsy.ca Marketplace


It is one of the popular marketplaces for sellers selling handmade products. The marketplace has simple and powerful tools to manage the inventory and the power to create websites within minutes. 

It can also be done from the Etsy app from your smartphone. It helps you reach millions of shoppers using the Etsy Ads and Offsite Ads advertising tools.

BestBuy.ca Marketplace


It is one of the most popular marketplaces in Canada as well as in North America. BestBuy.ca is a powerful platform that has a simple user interface, a great API solution, and all you need to do it just complete the sign-up process. With superior technical support and trusted online payment system, BestBuy.ca is one of the top destinations for the sellers.

Newegg.ca Marketplace



Newegg.ca is one of the popular marketplaces for techno lovers. The site has the lowest commission compared to other sites in Canada. With over 20 million annual customer visits, Newegg.ca is a preferred destination for the tech sellers.

Conclusion

Choosing the perfect marketplace is not a tough job anymore and the sellers can look into the above marketplaces as per their requirements and product orientation. Each marketplace has its perks and it's up to the sellers to decide which one to go for.

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