Start Dropshipping in Canada with Oberlo!
Discover everything you need to easily run your online dropshipping business in Canada. And it’s free!
Why to Start a Dropshipping Business in Canada?
In 2019, it’s estimated that about $49.7 billion will be spent by Canadians showcasing ecommerce’s popularity in Canada. While most Canadians prefer to buy international than domestic products, Canadian entrepreneurs can still cash in as Canadians spend approximately $20.2 billion online. However, by starting a dropshipping Canada business you can also tap into the global market. Dropshipping allows you to sell goods while the manufacturer creates and ships them out for you on your behalf, eliminating the cost of bulk inventory and minimizing shipping costs. Using a tool like Oberlo, you can easily choose products to import to your store that have low shipping rates (sometimes they’re even free) benefiting store owners. The low-risk business model is great for Canadians as it allows their business to scale quickly without overburdening costs.
Why Dropshipping is Better Than Wholesale in Canada?
Dropshipping is better than buying wholesale in Canada because it’s more affordable, it’s a lower risk model and businesses can scale quickly. When you wholesale Canada goods, cost of goods may be slightly lower, however, you’re required to buy bulk inventory and pay for the shipping of goods and shipping to your customer which can cost a lot more than dropshipping them. Dropshipping is a lower risk as you don’t need to buy bulk inventory. You only need to pay for cost of goods as customers place orders on your store. Dropshipping also allows Canadian businesses to scale quickly because order processing is automated and shipping is outsourced. Thus, the only responsibilities are marketing and customer service which can help drive business growth. Interested in understanding how payments work? Keep reading to learn about payment gateways in Canada.
Payment gateways in Canada
- 2Checkout
- Alipay Global
- Authorize.net
- Beanstream
- BitPay
- Chase Paymentech (Orbital)
- Coinbase
- CyberSource
- E-xact
- Elavon Converge
- First Data Payeezy
- FuturePay
- G2A Pay
- GoCoin
- IATS Payments
- Ignite Payments
- LAY-BUY Powered by PayPal
- Moneris
- MultiSafepay
- NETbilling
- Network Merchants (NMI)
- Optimal Payments
- PayPal Express Checkout
- PayPal Payflow Pro
- PayPal Website Payments Pro (CA)
- Psigate
- Sage Payment Solutions
- Shopify Payments
- Vantiv Integrated Payments