There are several reasons why Orthodox books, icons, and jewellery are being sold at higher prices in Canada compared to the USA and other foreign suppliers, along with the additional cost of shipping. Here are factors for our customers to consider:
Import Costs: Importing goods into Canada can involve additional costs such as customs duties, taxes, and fees. These expenses can significantly contribute to the overall price of the products.
Exchange Rates: Currency exchange rates can fluctuate between countries, and this can impact the pricing of imported goods. With the Canadian dollar being weaker compared to the US dollar, it makes imported products more expensive.
Shipping Expenses: Shipping items from one country to another typically incurs costs, especially for international shipments. The higher shipping expenses can contribute to the overall price of the products in Canada.
Market Size and Demand: Canada has a smaller population compared to the United States, which results in a smaller market for Orthodox books, icons, and jewellery from our suppliers. Demand and sales volume impact pricing strategies, making the products relatively more expensive.
Distribution and Supply Chain: The logistics and distribution network for these products differ between Canada and the USA. The supply chain for Orthodox merchandise in Canada involves additional costs or complexities, which can influence the final prices.
Regulatory Requirements: Canada has its own regulatory requirements for imported goods, including safety standards, labelling, and certifications. Meeting these requirements may entail additional costs, which may be reflected in the pricing.
Pricing decisions are made by, taking into account various factors such as Canadian exchange rate. shipping costs, and various taxes, market conditions (demand), and competitive landscape. If you have specific concerns about pricing or shipping, contact St. Nicholas Orthodox Books directly for further information.
While purchasing directly from foreign publishers and suppliers might help in some cases, it's important to consider all the associated costs and factors involved. Additionally, individual Canadian businesses, of Orthodox related products, may have their own pricing strategies and considerations, which can vary based on their specific circumstances.
St. Nicholas Orthodox Books website offers a centralized opportunity for customers to purchase these items from multiple foreign publishers and suppliers. By doing so, it aims to help customers save on taxes and shipping costs that would otherwise be incurred when purchasing from individual sellers.