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Company Info

Company information: Founded in August 2011 as my price is low, from which the company derived its named My Pricelow in the city of Toronto. My Pricelow Inc. is a Canadian company that manages www.mypricelow.ca, an online trading and shopping website where people and businesses can buy and sell goods and services worldwide. The company (as in My Pricelow Inc.) operates four primary business segments: (1) Marketplaces, (2) Payments (3) Video Advertisements (4) Seller-Buyer Chat

Marketplaces:The Marketplaces segment allows participants to buy products and services over the internet. The marketplaces business in divided in two parts, fixed price constitute 60% and auction constitute 40%. This segment earns revenues from store fee, feature and final value fees paid by sellers, lead referral fee and advertising fees.

Payment:The Payment segment consists of multiple payment gateways that support Amazon Payment, Apple Pay (via interact e-transfer), Google Pay (via Interac e-transfer), PayPal, My Pricelow Escrow and Interac e-transfer, which enable individuals and businesses to securely send and receive payments online. The advantage of more than one secured payment gateways offers businesses and consumer additional option and control, access to new markets with localized payment options, competitive advantage over competition and more. This segment earns revenues from third party payment gateways on a commission base and from its own payment gateways “My Pricelow Escrow”.

Video advertisement:The Video advertisement segment, is system based Ad-Sense which allow sellers to generate additional income by uploading their videos. They vast majority of videos uploaded on My Pricelow web sites are free to view and supported by video advertising, which allows the up loader (Individuals sellers and businesses) of the video to share the revenue produced in respective of the product/items in question.

Sellers-Buyers Chat (Messenger):The Sellers-Buyers Chat segment provides cutting-edge communication platforms to engage, qualify, and allows businesses to provide real-time support at the speed that consumer’s expert. If a user is send a message while offline, this app sends an alert to both email and SMS (via mobile), thereby keeping the users in the loop. They are beneficial for both the buyers and the sellers.

  • For Buyers: The tool allows smooth communication between the buyer and the seller. A buyer can put his/her queries or doubts about a particular product and the seller can respond to him/her quickly.
  • For Sellers: Sellers can gain insights into the kind of product customers want to buy and make him/her an offer. Sellers can also introduce specific products to potential buyers and more.
  • Increased security of buyer-seller communication, improved buyer-seller communication to help reduce disputes and claims and more.
    This segment earns revenues from sellers-buyers chat subscription and advertisement fee.

Mission:Our mission is to help you save more for less.-always. Whether you are buying or selling you can be rest assure my price is low. We are proud to lead by example as a responsible, caring and sustainable company in the community we serve, is of utmost important to us.

Our Commitment: Seven years ago, Paschal Onumajuru founded My Pricelow as a platform for people to shop and trade goods and services at the lowest price. Since then, My Pricelow has grown but our commitment is still the same. In Canada, My Pricelow’s mission is clear-whether you are buying or selling my price is low. We believe Canadians deserve access to quality services at the low prices. That’s our commitment to you.

Our Credo Statement:We strongly believe our first responsibility goes straight to buyers, sellers, businesses, consumers and others who use our platforms and services every day. In an effort to meet their needs, we constantly strive to minimize costs in-order to maintain reasonable prices for everyone. Sellers and businesses must service customers’ orders accurately and promptly. Our sellers and businesses must have the opportunity to make a fair profit.

We are responsible to our employees, including full time and part time that work with us throughout the world. We consider every employee as an individual by respecting their dignity and their merit. My Pricelow recruits and hires individual based on demonstrated abilities, achievements and experience, without regard to race, color, religion, age, national origin, or ancestry, sex, pregnancy, marital status, physical or mental disability, medical conditions, sexual orientation or any other consideration made unlawful by the federal or provincial legislation.

We are responsible to the communities we live and works and to the world community. We do this by leading by example as a responsible, caring and sustainable company in the communities we serve. We encourage corporate involvement in better healthcare, education, employment, environmental and natural resources protections, support good works, charitable contributions and pay our own share of taxes. We also support product safety and quality.

Our final responsibility goes to our stakeholders. My Pricelow must make a sound profit in-order to meet the needs of our customers, employees, communities and investors. New equipment must be purchased, facilities provided, new services lunched, research must be carried out, and innovative program developed. When we operate according to these core visions, values and apply the high standard embodied in My Pricelow conduct policies, investors and shareholders should realize a fair return.

TOGETHER WITH YOU, OUR CUSTOMERS, EMPLOYEES, COMMUNITY AND STAKEHOLDERS, MY PRICELOW IS MAKING A DIFFERENCE…

Company Facts

Company typePrivate company
FoundedAugust 2011
MissionOur day-to-day mission is to help you save more for less-always! Whether you are buying or selling, my price is low.
HeadquarterToronto, ON, Canada
Websitehttps://www.mypricelow.ca
IndustryE-commerce, Online shopping, Internet
ServicesOnline shopping
EmployeeLess than 50
MediaIf you are a journalist email:media@mypricelow.ca

General inquiries: For urgent matters you can call and leave a message: + 1(289)-217-2426 (Mon – Fri) between 08:00 am – 4:00pm EST
Corporate Head Office My Pricelow Inc
309 Grove Street East,
Barrie,ON, L4M 2R6
Canada

My Pricelow Timeline:“The founder choose my price is low (My Pricelow) because he wanted it to be the only place consumers and businesses can save more for less. Always” Paschal Onumajuru, My Pricelow Founder.

Key Moments in our history. Our company history is full of interesting developments. And we couldn’t help but pick out a few of our favorite milestones to share:

  • 2010 – My Pricelow domains Procured 3 domains www.mypricelow.ca, www.mypricelow.com, and www.mypricelow.co.uk
  • 2011 Incorporated the company and trademarked the name, My Pricelow Inc in Canada, United States and United Kingdom.
  • 2012 –My Pricelow domains Procured additional 24 domains
  • 2013 My Pricelow Foundation is established to make a positive impact in the communities My Pricelow serve
  • 2014 Buy Me Now patient registration
  • 2017-Web development Hired some developers to
  • 2018 www.mypricelow.ca is launched as a placed for Canadians to shop at My Pricelow Canada Online
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