Selling on Amazon Canada: A Profitable Guide
Are you planning to sell on Amazon Canada? It’s a tricky question that often confounds sellers. In this comprehensive guide, our experts unravel the mystery and provide you with a complete roadmap to sell on Amazon Canada while assessing the profitability. Keep scrolling to discover the ins and outs of the selling process on Amazon Canada.
Contents
Is Selling On Amazon In Canada Worth It?
Wondering if it’s worth selling on Amazon Canada when there are other platforms available in the country? Let’s delve into the reasons.
Automation is Key
One of the main reasons to choose Amazon is automation. You won’t need to invest as much time in handling your business compared to other platforms.
Tapping into a Smaller Market
While Canada might not have the massive audience of the United States, it’s easier to make a substantial income due to lower competition. In Canada, you can achieve a reputable market position without facing intense competition.
Potential for Higher Profit Margins
The relatively smaller size of the Canadian market allows you to keep your product prices slightly higher, resulting in potentially higher profit margins. Just remember to factor in the exchange rate between Canadian and American dollars.
How To Start Selling On Amazon Canada?
The Canadian economy is thriving, and online shopping is on the rise. Amazon is the go-to online shopping destination for Canadians. Here’s how to get started:
1. Choose The Best Products
Select the products you want to offer carefully. Start with a few products and use Amazon’s seller product research tool to identify suitable options.
2. Weigh the Costs
Consider the price of your products in Canadian currency, keeping in mind the currency conversion when you receive payments in U.S. dollars. Include shipping costs, taxes, and customs duties in your pricing.
3. Choose the Right Shipping Options
Decide between Fulfillment by Amazon (FBA) and Merchant Fulfilled Network (MFN). FBA offers several advantages, including faster delivery, less hassle with customer service, and cost savings.
4. Set Up the Correct SKUs
Differentiate between Global SKUs and Marketplace-Specific SKUs based on your fulfillment method. Global SKUs are for Merchant Fulfillment accounts, while Marketplace-Specific SKUs are for FBA.
5. Customize Your Advertising Strategy
Tailor your marketing strategy to the Canadian market. Focus on keyword-based approaches and consider using PPC advertising to reach potential customers.
What Can You Sell On Amazon Canada?
Amazon Canada offers a plethora of product opportunities, including:
- Home and Garden
- Clothing and Accessories
- DVDs and Blu-Rays
- Consumer Electronics
- Beauty
- Software
- Toys and Games
- Automotive Parts & Accessories
- Baby Products
- Grocery & Gourmet
- Books
- Sports & Outdoors
- Music
- Health & Personal Care
How To Find Products To Sell On Amazon Canada From China?
China is known for its quality goods at affordable prices. Here’s how to source products from China:
Ningqu
Ningqu is a top Chinese sourcing company that connects buyers with reliable suppliers, ensuring high-quality products at lower prices. They handle shipping, customs clearance, and can assist with FBA.
