The rise in online shopping among Canadians can be attributed to a growing need for convenience and personalization. Brands and retailers have responded by expanding their digital footprints over the past few years. Since 2012, companies belonging to Canada’s digital commerce ecosystem have raised approximately more than a capital of $4.8-billion and have distributed through more than 580 deals.
Why Canadian Retail Is Going Online & What That Means
These numbers have grown steadily and pointed to Canada’s eCommerce growth forecast. Expected to increase up to 33.3 billion U.S. dollars in 2024
Pain Points That The Canadian Market Faces
- Although eCommerce spending in Canada continues to rise in both a consumer retail and B2B context, the extent to which we are utilizing digital commerce relative to other advanced economies is still lagging.
- For example, more than 10% of retail spending in the United States is currently driven by eCommerce. Estimates suggest B2B eCommerce will reach US$1.2-trillion by 2021, accounting for more than 13 % of all B2B sales in the United States.
- The disparity in digital commerce activity between Canada and the United States is easy to account for when considering that approximately half of all Canadian small businesses still do not have a website to conduct sales.
- It’s challenging to fulfill and distribute orders across the second largest country in the world. Given these obstacles, it’s no surprise that Canadian consumers send more than a third of their online spending south of the border.
- Some of these problems are easily addressable, while others require more attention from Canadian merchants if they’re going to be solved.
Reasons For An Online Presence
In today’s competitive society, no longer do consumers want to venture to the high street in order to buy items, instead, consumers want to shop from their own homes, making eCommerce a flexible solution for both businesses and buyers.
If you’re still on the fence about launching an eCommerce store then look no further, here are the top 5 reasons eCommerce is so important for your business and just how you can benefit from moving online this year!
Broaden Your Brand :
With an online presence, your business can be the home of your products and the general home of your business, allowing you to fully expand your product ranges.
It’s More Convenient :
If your business can offer this for your customers there’s no reason you shouldn’t appeal to a wider range of customers who are looking for the best experience.
Increase Your Reach :
Internet accessibility allows millions of people across the world to view the website at any time, this expands business opportunities to reach out to a larger audience.
Marketing Opportunities :
A website can serve as the best marketing tool for your business including SEO, pay per click advertising, your social media marketing, and your email marketing.
To close these gaps, there are hundreds of fast-growing technology-based companies that are tackling the most complex eCommerce challenges and it’s the responsibility of the merchants to keep track of the latest advancements.
DCKAP being one of the most trusted eCommerce solution providers, would be the right choice to help the Canadian merchants update their respective infrastructures and offerings to cater to their convenience-obsessed customer base online, in both B2B and B2C context.
Customized eCommerce solutions to advance your B2B business
We provide end-to-end eCommerce solutions by developing online stores on top eCommerce platforms like Magento, BigCommerce, Shopify Plus, SAP Commerce Cloud, Salesforce Commerce Cloud.
Magento Development Services
BigCommerce Development Services
Shopify Plus Development Services
“To raise the performance of our B2C website, we worked with DCKAP to migrate to Shopify. Going into the project, we had the usual apprehensions that come with any such months-long undertaking. But all along the way, DCKAP did a great job for us — from theme selection and design to P21 integration to the integration of the PIM for product content to the selection of appropriate plug-ins to all aspects of the shopping cart — they led us through it all. Throughout the project, they were responsive to our needs and communication was good, with all the deliverables met, or exceeded. Moreover, their understanding of P21 and all that this entails as a business system was a great help. I can recommend them unreservedly for anyone on a similar eCommerce path.”
Chief Marketing Specialist
“Thanks for a very successful website launch. You and the entire DCKAP team did a marvelous job. We have received positive feedback regarding the ease of navigation, simple style, and a plethora of good information contained in the site.”
Chief Financial Officer, Salter Labs
DCKAP provided unparalleled service and support from our very first meeting through website launch. If a highly personalized Magento website with unique function is what you desire I would look no further than DCKAP.
Kendall – Director of Information Technology, Moody Price
Alec – Digital Marketing Manager, Moody Price
“We had been working with a handful of different vendors, and at the time we realized that DCKAP was way above the rest from in terms of communication and technical expertise. We knew that they were working for us and had our best interests in mind. One thing that I really appreciate from DCKAP was their ability to communicate. Their communication skills were above and beyond what I have experienced with vendors. The relationship was such a great fit that we brought on DCKAP employees in-house to work with us directly.”
Digital Project Manager, Riddell
DCKAP has been instrumental in streamlining the development process and continued maintenance for our Magento site. Their attention to detail, response time and expertise have been invaluable in getting our site up to speed and improving conversion. We have been continually impressed by the quality of work and tight turn around times DCKAP and Mohan Natarajan are able to deliver on, and we look forward to our continuing our work together.”
Creative Services Manager, Bottle Store- O.Berk Company