In a 12 months of financial adversity, annual awards program acknowledges Canadian small retailers for his or her distinctive achievements in on-line entrepreneurship
Final quarter alone, Canadian SMBs noticed greater than 40 per cent development in gross sales on eBay
TORONTO, Nov. 26, 2020 /CNW/ – Immediately, eBay Canada introduced the winners of its 16th annual Entrepreneur of the 12 months Awards, honouring Canadian entrepreneurs utilizing eBay’s world market to construct and scale their thriving companies.
“eBay’s function is to empower individuals and create financial alternative. Small companies are on the coronary heart of the whole lot we do. My workforce is consistently impressed by how Canadian entrepreneurs leverage eBay’s world market to succeed in customers close to and much,” mentioned Rob Bigler, Normal Supervisor of eBay Canada. “And on this 12 months of unprecedented challenges introduced on by the pandemic, it’s extra vital than ever to have a good time the achievements of resourceful and resilient Canadian entrepreneurs.”
The 2020 eBay Entrepreneur of the 12 months Award winners embrace:
Entrepreneur of the 12 months – Ajay Mirchandani of Bleacher Bum, Richmond Hill, ON. Ajay channeled his life-long ardour for sports activities memorabilia right into a thriving household enterprise, complementing his storefront with quickly rising on-line gross sales, half from exterior of Canada.
Micro-Multinational of the 12 months – Luc Dion & Claire Teasdale of Boutique LUC.S, Montreal, QC. The normal consignment store went on-line by tapping into eBay’s world market for classic luxurious vogue. On-line exports now characterize the vast majority of their total gross sales.
Built-in Entrepreneur of the 12 months – William Chong of Dolly’s Toys & Video games, Toronto, ON. Constructing off exponential gross sales development from eBay, the sibling-owned and operated toys and video games enterprise continues to develop their complementary brick and mortar storefronts.
Full data on winners under.
“Yearly, eBay’s Entrepreneur of the 12 months Awards showcases the spirit of resilience, innovation and drive of Canadian small companies – which is extra true than ever proper now amid COVID-19,” mentioned the Honourable Mary Ng, Minister of Small Enterprise and Export Promotion. “I might like to increase my heartfelt congratulations to every of the winners on their success throughout this very difficult 12 months. We’ll proceed to have your again each step of the way in which.”
Ecommerce has seen fast development because of the COVID-19 pandemic. A latest report from Statistics Canadai discovered that retail ecommerce gross sales elevated by a file breaking 99.three per cent in the course of the first few months of the pandemic in comparison with the identical interval final 12 months. Extra not too long ago, Canadian small companies on eBay noticed a greater than 40 per cent enhance in each gross sales and offered gadgets within the final quarter alone.
In response to the challenges the pandemic dropped at native retail, eBay Canada launched “Up & Working,” an accelerator program particularly designed to help offline companies transition to promoting on-line. Along with ecommerce instruments and provides, eBay gives a hands-on onboarding service for small companies to assist them navigate the web world market. This initiative – which continues to be leveraged by Canadian SMBs all through ongoing pandemic lockdown measures – additionally helps current on-line companies construct their export gross sales. Canadian small companies are additionally a spotlight for eBay Canada’s upcoming Cyber Week gross sales and advertising efforts, which is along with the continued promotion of a devoted microsite established earlier this 12 months to make it simpler for Canadians to buy from native companies – eBay.ca/collectively.
“This pandemic underscores the facility of ecommerce notably for small retailers. Customers around the globe have shifted on-line. Extra Canadian companies than ever are utilizing eBay’s world platform and seeing their home and worldwide gross sales take off as eBay provides them entry to 183 million lively consumers around the globe,” added Bigler.” “The winners of eBay Canada’s 2020 Entrepreneur of the 12 months Awards exemplify how impactful an internet presence will be for small companies to develop and thrive – regardless and regardless of COVID-19.”
This 12 months’s award winners will obtain a money prize to reinvest into their enterprise, a free one-year eBay Retailer subscription improve and quarterly session periods with an eBay Canada enterprise improvement skilled.
Extra Info on the 2020 Winners
Entrepreneur of the 12 months:
Shortly after transferring to Canada as a baby, Ajay Mirchandani was invited to his first Blue Jays sport. This sparked a lifelong ardour for sports activities, and the reminiscence impressed the title of what would later grow to be his enterprise: Bleacher Bum.
In 2002, Ajay owned a online game retailer and started promoting on eBay to check out ecommerce. Shortly he realized the potential of an internet enterprise and started constructing his bodily and digital storefronts concurrently. Over time, he was able to shift his focus to his lifelong ardour: sports activities memorabilia. Immediately, he and his spouse Mansi, oversee a 2,800 sq. foot storefront in Richmond Hill, ON, promoting unique and high-valued jerseys and sports activities collectibles each on-line and thru an appointment-based brick and mortar store.
Since becoming a member of eBay, the household enterprise has loved constant year-over-year development in on-line gross sales, and in 2020 alone – in the midst of a pandemic – Bleacher Bum’s gross sales on eBay have nearly doubled, with roughly half of these being from exports.
Micro-Multinational of the 12 months:
Luc Dion’s ardour for the style trade guided him to his first job at 18, working for Prada, and for over a decade he managed luxurious vogue storefronts whereas constructing relationships throughout the Montreal vogue scene. In 2016, a shopper described her troubles reselling quite a lot of luxurious luggage, and Dion provided to assist. From there, Boutique LUC.S was born – promoting and consigning luxurious outerwear, footwear, sun shades and extra. From classic, to hype gadgets. From pre-loved, to new with tags. He shortly realized the significance of increasing past his storefront in Previous Montreal and invited his finest buddy Claire Teasdale to hitch the enterprise and take it on-line.
Teasdale started spearheading the boutique’s on-line operations in 2017, targeted on tapping into eBay’s world market for worldwide enlargement. In three brief years they have been promoting to vogue fanatics in over 25 markets on six continents. Immediately, on-line exports characterize greater than half of their total gross sales. Whilst COVID-19 shuttered many Previous Montreal storefronts, this younger enterprise has continued rising – doubling the sq. footage of their bodily storefront this 12 months to maintain up with the wants of their rising on-line operations and gross sales.
Built-in Entrepreneur of the 12 months:
Dolly’s Toys & Video games was born out of a childhood ardour for buying and selling card video games shared by William Chong and his two brothers. Rising up, the Chong brothers grew to become frequent guests of a neighborhood toys and video games store in Toronto, particularly for its assortment of Magic: The Gathering playing cards. When the store’s homeowners retired, they approached the brothers to take over.
The brothers complimented their storefront gross sales by tapping into eBay’s world market, which shortly grew into a big gross sales channel for them. Leveraging the income generated from ecommerce, they’ve been capable of proceed to reinvest and develop the general enterprise to help three separate storefronts within the Larger Toronto Space.
Whereas their brick-and-mortar operations expanded, in addition they loved constant annual development on eBay. Regardless of COVID-19 forcing their bodily storefronts to quickly shut, to date this 12 months they’ve grown their on-line gross sales by over 500 per cent.
Extra data will be discovered right here: ebay.ca/eoy
eBay Inc. (Nasdaq: EBAY) is a world commerce chief that connects hundreds of thousands of consumers and sellers in 190 markets around the globe. We exist to allow financial alternative for people, entrepreneurs, companies and organizations of all sizes. The ebay.com market and its localized counterparts, in addition to the eBay cell apps, are among the many world’s largest and most vibrant marketplaces for locating nice worth and distinctive choice.
SOURCE eBay Canada
For additional data: Media Contact: Nicole Macharacek, Communications Supervisor, eBay Canada, [email protected], 416-305-8677; Tom Horn, Advisor, Proof Methods, [email protected], 416-566-5055