PayPal launches site of tips and tricks for global e-commerce

PayPal has launched a new site aimed at helping small businesses looking to sell internationally, finding customers outside of Canada.

Earlier today, PayPal announced it was launching PassPort, a site meant to educate entrepreneurs on the best times to sell, peak seasons, different regional holidays, cultural taboos, and so on. There are also some more concrete tips on shipping products, figuring out currency exchanges, getting products through customers, and paying taxes. The idea is that by sharing these tips and tricks, PassPort will be able to help small businesses generate more sales outside of Canada and will encourage them to push into other markets.

As PayPal makes money from e-commerce, it’s not surprising that it wants to encourage small businesses to start selling overseas. However, its PassPort site did share some interesting insights.

For example, Nov. 11, or Singles Day in China, is one of the top days for online shopping all year round among Chinese consumers – something small businesses here in Canada may not be aware of. In a press release, PayPal also pointed to Japan’s Golden Week and Australia’s Click Frenzy as holidays where Canadian e-commerce businesses can get in on the action and make some sales.

And according to data from PayPal and Nielsen, Canadian companies may already have somewhat of a foothold when it comes to selling products overseas. Online shoppers from the U.S., the U.K., Germany, Australia, China, and Brazil spent a combined $6.4 billion on Canadian products in 2013 – and by 2018, that number is expected to jump 192 per cent, with sales rising to $12.8 billion in those markets.

Some of the most popular Canadian goods include fashion items, automotive parts, and website services, with Toronto, Vancouver, and Montreal being the top Canadian cities for small businesses selling products online. However, Calgary is the top-ranked Canadian city for photography and gaming-related online sales.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Candice So
Candice Sohttp://www.itbusiness.ca
Candice is a graduate of Carleton University and has worked in several newsrooms as a freelance reporter and intern, including the Edmonton Journal, the Ottawa Citizen, the Globe and Mail, and the Windsor Star. Candice is a dog lover and a coffee drinker.

Related Tech News

Get ITBusiness Delivered

Our experienced team of journalists brings you engaging content targeted to IT professionals and line-of-business executives delivered directly to your inbox.