As a Canadian with intensive expertise dwelling and dealing within the U.S. earlier than returning to Canada, I’ve seen firsthand the huge variations in our markets. Past apparent distinctions like forex, instructed retail costs, authorities, and taxes, there’s a major distinction in how Canadians select to spend their hard-earned cash. Newer manufacturers face extra challenges right here, as prospects are likely to gravitate towards tried and true manufacturers and merchandise quite than unfamiliar ones. Consequently, retailers give attention to the place the demand is strongest. Having managed manufacturers in each the U.S. and Canada, I’ve all the time discovered it harder to attain success within the Canadian market. With a smaller inhabitants, extra compact shops, and fewer engaging economies of scale for international manufacturers, competitors for shelf house is intense. But, regardless of these challenges, our Jazwares Canada enterprise is flourishing.
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