eBay Canada to Beat Competitor Prices with 110% of the Price Difference - No Membership Required

eBay Canada to Beat Competitor Prices with 110% of the Price Difference - No Membership Required

Site-Wide on Canadian Items

TORONTO, June 27, 2018 /CNW/ - Today, eBay Canada launched a Best Price Guarantee program, offering Canadian eBay shoppers 110% of the price difference on items found for less on an approved competitor's website. Best Price Guarantee improves on eBay's current price match offering, and runs site-wide through the month of July on Canadian items, making sure shoppers receive the lowest price online.

"Our Canadian eBay sellers have always offered great prices, but with this new program, we guarantee that they are the best or we'll pay the difference plus 10%," said Andrea Stairs, General Manager, eBay Canada & Latin America. "Just before the summer heats up with deal-driven events, we are introducing Best Price Guarantee to give Canadians on eBay.ca the confidence to know they are getting the best possible price every single day, with no membership fees required."

Best Price Guarantee allows Canadians to be sure they are getting the best deal on all eligible items located in Canada. Users who find an eligible item available for less on an approved competitor's website can contact customer service within 48 hours of their purchase on eBay.ca to be issued an eBay coupon for 110% of the difference, upon confirmation by the eBay team.

Items qualifying for the Best Price Guarantee are:

• Any item that is new, unopened, has a UPC code, is located in Canada and is listed in Canadian dollars.
• Eligible items must be available from an approved competitor, including Amazon.ca, BestBuy.ca, and Walmart.ca.
• Both items (listed on eBay and the approved competitor's website) should be exactly the same and currently in stock.

"We've launched dozens of initiatives over the last few years to accelerate the growth of our domestic business, and we are seeing strong momentum," said Stairs. "We've added more than 3.5 million Canadian items to eBay.ca and we continue to increase the number of Canadian sellers on our platform. With Best Price Guarantee, we are standing behind the great inventory and pricing that continue to make eBay a leader in Canadian ecommerce."

In the last 18 months, eBay Canada has seen double-digit growth in volume. In 2017, the number of Canadian sellers increased by more than 10%, and more than 3.5 million domestic listings were added to the site. Many Canadian sellers participate in eBay's Deals program, offering daily deep discounts on big brands across eBay categories including consumer electronics, home & garden and fashion. All Canadian listings in the Deals program include free shipping within Canada.

eBay by the Numbers

• eBay has 171 million active buyers worldwide
• There are 1.1 billion live listings on eBay
• 80% of all merchandise sold on eBay is new, and our wide selection keeps growing
• 88% of items sold on eBay are Buy It Now – no bidding necessary
• 402 million downloads of the eBay Inc. apps across the globe

About eBay
eBay Inc. (NASDAQ: EBAY) is a global commerce leader including the Marketplace, StubHub and Classifieds platforms. Collectively, we connect millions of buyers and sellers around the world, empowering people and creating opportunity through Connected Commerce. Founded in 1995 in San Jose, Calif., eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2017, eBay enabled $88.4 billion of gross merchandise volume. eBay is visited by nearly 9 million unique Canadians per month (comScore Media Metrix: May, 2018). For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

SOURCE eBay Canada