Our mission is to empower Canadian businesses and individuals who have an interest in online business and eCommerce. We provide tools, resources, legitimate opportunities, strategies and information from a Canadian perspective. The information provided will often be helpful to our friends in other countries who would like to do business with Canadians as well.
- E-commerce is the fastest-growing segment in Canada’s digital economy, going from $4.2 billion in 2010 to over $13.6 billion in 2017, according to Statistics Canada. Retail e-commerce sales totaled $1.9 billion in June, 2019, accounting for 3.4% of total retail trade. Retail e-commerce increased 30.7% YOY, while total unadjusted retail sales were down 0.3%.
- A recent Internet Retailer report said analysts predict Canadian consumers will spend more than $30 billion CAD online in 2017, but Canadian companies are capturing less than half of those sales.
- According to a 2017 PayPal report, businesses that sell their goods or services through eCommerce make on average $175,000 more in annual revenue than their offline counterparts. Yet only 17 percent per cent of Canadian businesses sell their products on services online.
- The Canadian eCommerce market has grown 16.8 percent to 29.6 billion, according to a 2017 eTail Canada report. Seventy-six percent of Canadians are purchasing online, and will be spending 39 billion by the end of 2019 (9.5 percent of all Canadian retail sales). Fourteen of the largest Canada-based retailers saw their global web sales grow by 25 percent.
- A 2017 survey conducted by The Strategic Counsel found 38 percent of Canadians prefer to shop online, and 65 percent of prefer to ‘buy Canadian’.
- According to a report in the Toronto Star, 36 cents out of every dollar spent is influenced by digital shopping, but only 41 percent of Canadian small businesses are online. Helping small businesses to sell online will seriously increase their profit margin.
- Small businesses that sell online through PayPal grew 22 percent year-over-year in 2017, in sharp contrast to offline small businesses, which saw less than one per cent growth year-over-year in 2016.
- Seventy-six percent of Canadians shopped online in 2015 and 80 percent research online before buying. Google Insights reports that 88 percent of Canadian shoppers have discovered new products or brands online.
- The global B2C cross-border e-commerce market will balloon in size to $1 trillion in 2020 from $230 billion in 2014, according to a 2015 report from global consulting firm Accenture and AliResearch (Alibaba Group’s research arm).
- TD Bank reported recently that 65 percent of shoppers who want to support Canadian small businesses, are seeking the ability to make payments or shop online.
- According to a recent consumer behavior study by eCommerce platform provider Bronto and Ipsos, 77 percent of American consumers said they are open to cross-border shopping online — with 42 percent of them having already done so. Seventy-two percent of those open to cross-border shopping said they would consider a Canadian merchant above any other country.
- A Vividata 2018 Summer Study found that over 1 million Canadians plan to start their own business.
- 98.2 percent of Canadian businesses (over 1.1 Million) have fewer than 100 employees. Small – medium size businesses are truly the backbone of the Canadian economy.
- Micro-businesses and the self-employed are thriving in Canada’s gig economy. In June, 2017, StatsCan reported there were 2,770,234 active businesses without employees and with annual revenues greater than $30,000.
- We realize that Canadians need to know what is required to run a business or work at home in this country.
- We began playing this game in the 90’s. We know what we’re doing when it comes to making money online because we’ve grown with the Internet and learned from the masters. We’ve either tried it or we know someone who has.
- We’ve provided goods and services to consumers from one end of Canada to the other, along with exporting to other countries.
- We understand the frustration of articles that don’t provide information specific to Canadians.
- We know what it’s like to fill out a long form only to find out an affiliate program or other service isn’t available to Canadian businesses.
- We know what you need and we know how to get it.
“‘Digital’ is not an industry. It isn’t a strategy. It’s an essential tactic that should be embedded into every industry,” says Tobias Lütke, CEO and Founder of Shopify, in the Report of Canada’s Economic Strategy Tables: Digital Industries. “The competitive advantage of any Canadian company will be connected to its digital advantage.”
“Canadians must be able to participate in, and benefit from, the digital economy… The Government of Canada needs to provide funding and expert advice to help businesses ‘go digital’ and build digital skills among employees. ” ~Canada’s Economic Strategy Tables: Digital Industries, The Innovation and Competitiveness Imperative: Seizing Opportunities for Growth
Here it is, Canada, your guide to making money online. With glowing hearts, we see thee rise.