Canadian shoppers have a variety of merchant platforms to buy from. You can shop at your favourite retail stores or from a marketplace including eBay.
Canadian e-commerce platforms and marketplace have become one of the most thriving sectors of the economy. These platforms enable Canadians to enjoy effortless selling and shopping experience.
Sellers can maximize the opportunities presented by online marketplace like eBay to promote their businesses. Simultaneously, shoppers can also gain access to a large selection of products at competitive pricing and several shipping options. As one of Canada’s foremost online e-commerce platforms, eBay has been a profitable side hustle for many Canadians and their businesses.
Here’s how the eBay Canada e-commerce platform works.
About eBay Canada
eBay Canada is a subsidiary or a Canadian version of the international online auction and e-commerce marketplace, eBay Inc. You can buy or sell practically anything on the global e-commerce platform. eBay Canada enables Canadian shoppers and retailers to buy and sell millions of products globally.
As a subsidiary of the international online auction and e-commerce platform, eBay Canada partners with several merchants to provide shoppers with millions of product lines.
eBay Canada was founded in 2000 in Toronto, Ontario, as an online shopping platform that connects buyers and sellers. Though it started as an auction platform, eBay metamorphosed into a unique online marketplace like Amazon. With its secure transactions backed by PayPal, eBay enables global consumer-to-consumer and buyer-to-buyer transactions on its website.
How Buying Works on eBay
eBay is an online e-commerce platform to shop your favourite retail stores and enjoy access to millions of products. As an online auction platform, consumers and sellers can buy or sell items (new and used products) via the eBay website.
Like other e-commerce platforms such as Etsy, Amazon, or BestBuy, users of the eBay Canada platform can browse varieties of products and categories, including electronics, clothing and accessories, fashion, cars, jewelry, video games, and more.
Usually, each product on display comes with the item description, image, payment options, and shipping information. Similarly, you can use the search box to find what you’re looking for, using simple keywords that help narrow the results.
How to Buy on eBay Canada
In terms of buying items on eBay Canada, there are two options available to shoppers. As noted earlier, eBay is both an auction platform and an online marketplace.
Buy It Now
In the Buy it Now option, the buyer pays a fixed price for an item on display and buys the item immediately by making payment for it at checkout. As an online marketplace, you can find a wide range of products with a fixed price on eBay.
You can browse through the different categories and products to choose your preferred item, buy and pay for it, and receive the order at the registered shipping location. Besides, you can find items on some auction listings that enable you to buy them at a price typically higher than the auction price.
The eBay Canada auction platform enables buyers to bid on various items available on auction. The seller usually sets a reserve price as the minimum acceptable price for each item on auction. Also, there’s a starting price for every bid.
When you place a bid on an item, you bid against other buyers, and you’re bound by the agreement to purchase the item from the seller if you eventually win the auction. With this option, the highest bidder gets the item from the seller. However, if the bidding price doesn’t reach the reserve price at the end of the auction, the seller can decide not to sell the item.
How to Complete Your Order on eBay
When you find the items you’d like to buy on eBay, simply add the item to your cart. You can continue shopping for other products or proceed to checkout to complete the purchases. At checkout, you’d choose your preferred payment option, delivery option and have an overview of your order before payment.
Every seller on eBay Canada has its acceptable payment method. Generally, sellers accept PayPal, credit cards, or debit cards. Other payment options include Apple Pay, Google Pay, coupons and discounts, etc. PayPal remains the easiest and convenient payment method on eBay, as the payment solution platform is a subsidiary of eBay.
Selling on eBay Canada
The eBay Canada platform thrives on the activities of sellers. eBay Canada encourages and assists small business owners and retailers in integrating their businesses into the eBay platform. Just as you can buy almost anything on the eBay platform, you can also sell practically anything. Online merchants can use the eBay sales channel to promote their business and increase sales. Sellers on eBay e-commerce display their products and portray their businesses and brands to appeal to their potential customers.
You can sell on eBay Canada using a listing process, which usually comes with a fee. You can use the eBay platform to promote your side hustle and make money from home or sell unwanted items from your house.
Tips to Selling On eBay
When it comes to selling on eBay Canada, you need to understand how the platform works and what items you can sell. Here are some important details to note and establish in selling on eBay.
- You’ll need to create a listing of your products, including the item description photos and other physical details of the item.
- Outline the buying option available on each item on display – auction or fixed price.
- Outline the price of the item.
- You also need to include the shipping and payment options available to buyers. This will enable potential buyers to glimpse the products, their condition (new or used), and other options.
- You need to set the starting price and the auction-style/format.
- You can invite buyers to negotiate with you by adding the Best Offer option to your listings.
How to Sell On eBay
You can start selling on eBay Canada by signing up and listing your items on the platform. You can set up your eBay Seller’s account in the following steps:
Step 1: Register for a new account with your full name, email address, and password to create a Business Account.
Step 2: Enter your registered/legal business name, email, password, phone number, and fill the captcha to complete the registration.
Step 3: Choose your payment method to accept payment for items sold and pay your eBay fees. Available payment options include PayPal, credit card, debit card, or bank transfers. PayPal is eBay’s best payment method.
Step 4: You can link your existing PayPal account or open a new PayPal account for free.
Step 5: Verify your eBay account.
Step 6: Open an eBay Store from the subscription menu and start listing your items.
eBay Selling Fees
Before planning on listing your items on eBay, it is important to understand the fees and costs of using the eBay Canada platform to sell your products. There are free associated with listing and selling of items.
Sellers pay monthly selling fees, which vary depending on the number and type of the listings, the number of items sold, and optional advanced listing upgrades. The eBay Canada fees include:
Insertion or Listing Fees
Insertion or listing fees are the fees paid by sellers for creating item listings on eBay. Insertion fees apply when you’ve used all available free listings or if the items don’t qualify for a free listing. Individual sellers enjoy free listing up to 50 items per month.
Final Value Fees
Sellers incur final value fees when a buyer commits to purchase their listed items. The fee is calculated based on the final price, shipping cost, and additional charges on the item.
Advanced Listing Upgrade Fees
In addition to insertion fees and final value fees, eBay sellers pay advanced listing upgrades for special listing durations or listing in additional categories.
eBay Canada enables sellers to open eBay stores, enabling sellers to display their products in one place and promote their brands to buyers. You can customize your eBay store with a special web page for your business.
eBay Store Packages
There are three eBay Stores subscription packages available to sellers:
Basic Store Package
- $19.95 per month with a yearly subscription.
- $24.95 per month without a yearly subscription.
Premium Store Package
- $59.95 per month with a yearly subscription.
- $74.95 per month without a yearly subscription.
Anchor Store Package
- $299.95 per month with a yearly subscription.
- $349.95 per month without a yearly subscription.
eBay Canada Items Category
- Collectibles and art.
- Toys and Hobbies.
- Home and garden.
- Musical instruments and gears.
- Sporting goods.
- Auto parts and accessories.
- Books, movies, and music.
- Business and industrial.
- eBay motors.
- Health and Beauty
- Baby essentials
- Gift Cards
- Video Games.
- Wedding Dresses.
- Digital Cameras.
- Golf Clubs
- Tablets and eReaders.
Accepted Payment Methods on eBay Canada
- Credit Card
- Debit Card
- Bank Transfers
- Money Order
- Cashier’s Cheque
- Personal Cheques
- Google Pay
- Apple Pay
- Coupons and Discounts
eBay Canada Mobile App
The eBay Canada platform has a mobile app for its users. The eBay Mobile App is equipped and suitable for buying and selling in various categories on your favourite marketplace. The eBay app is available for download on the Google Play Store for Android devices and the App Store for iOS devices.
How to Register on eBay
To sell on eBay Canada, you’ll need to register a business account with your full name, email and password. If you have an existing account, you can sign in with your email or username. Alternatively, the platform enables users to log in with their Facebook, Google, or Apple account.
You can buy items on eBay Canada as a guest or as a registered user. To create an account, register with your legal name, email, and password on the eBay Canada website.
The eBay Canada auction and e-commerce platform are suitable for both buyers and sellers. You can take advantage of the sales and shipping offers to promote your business and maximize profits. However, you should consider the fees and associated costs to ascertain its profitability to your business.