There are countless online opportunities for Canadian entrepreneurs. Our country is large and its population is scattered, which creates a unique demand. While many products are available in the US there is a strong preference to buy Canadian whenever it is feasible to do so if for no other reason than the low Canadian dollar, and lower shipping costs are always appealing.
Many small and home-based businesses thrive online due to the low overhead. There is no need to lease an expensive storefront in a prime location. Your business and/or warehouse can be in the middle of nowhere (although a central location decreases shipping costs). If you need more guidance, follow our checklist How to Start an Online Business in Canada.
One wide-open Canadian niche is bulk sales. I occasionally encounter attempts at cornering this market, but virtually all of the websites in Canada are more retail than truly bulk. To thrive in this market, your prices must be as low as any offline bulk store (such as The Bulk Barn).
5 Under-served Canadian Niches in the Bulk Food Sector are:
- Bulk Fish Food (US counterpart: KensFish.com)
- Bulk Candy & Baking Supplies (US counterpart: SweetFactory.com)
- Bulk Herbs and Nutraceuticals (US counterpart: Starwest Botanicals)
- Bulk specialty coffee, tea, gourmet hot chocolate, premium cocoa, or health drink mixes
- Bulk organic freeze-dried – Exotic meat, fish, fruit, etc. This niche often focuses on survival food, but there is a demand for many freeze-dried foods in bulk due to the higher nutrient retention, better taste, and faster re-hydration. You’ll find a demand from pet owners as well.
What You’ll Need
- A full understanding of the volume “bulk” profit model
- Business license
- Health-inspected storage
- Domain Name
- Canadian-friendly website hosting with e-commerce / catalogue support (Read Checklist: Choosing a Website Host for your Canadian Business for more info)
- Large food-grade bags
- Printer labels
- Shipping supplies
✔ You may also be interested in reading:
10 Low-Cost Side Businesses you can Start Online from Home
Should you Register a .ca Domain for your Canadian Business?
10 Tips for Canadian Moms and Dads with a Home-Based Business
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