What is Newegg? Newegg Review

Newegg is a professional e-commerce consumer service website that mainly sells 3C products such as computers, consumer electronics, and communications. It has also been selected as the best shopping website by many authoritative media such as Forbes and Computer Shopper.

About Newegg

Newegg was founded in 2001 and is headquartered in Southern California, USA. It is currently a well-known online supermarket for computers, consumer electronics, and communications products, providing products and professional services to more than 12 million registered users;

Newegg sells 43,000 kinds of products and is the largest online retailer of IT digital products in the United States. It is also a trustworthy online retailer for American customers. It has become one of the top 10 online retailers in the United States.

There are more than 1,800 employees worldwide, with an average of more than 40,000 orders per day. Approved orders will be shipped within 24 hours;

Newegg has three warehouses in three states in the United States (CA, TN, NJ);

There are more than 18,000 SKUs available online, more than 12 million registered users and approximately 1.5 million daily visits.

Sales categories

Currently, Newegg has 75 categories for merchants to choose and sell. Watches, jewelry, home appliances, home furnishings, baby products, travel and daily bags, tool accessories, shoes, toys, sporting goods, outdoor garden decorations, beauty and health care products and other categories can be sold on Newegg.

Entry conditions

1. It must be an enterprise. Individual registration is not allowed. The enterprise business license and public bank account information can be provided for qualification review.

2. Able to provide eBay or Amazon platform links for reference (it cannot be a new store, eBay store feedback must have 5,000 or more; AMAZON store must have 500 ratings or more).

3. It is better to have your own brand or agent brand.

Settlement process

Click here to enter the Newegg official website and fill in the Newegg Mall merchant registration registration form.

Platform selling fees (Elite Seller Program fees):

Standard sellers: Free;

Professional sellers: $29.95/month;

Business sellers: $99.95/month.

In addition, sellers also need to pay commissions for each category, which range from 8% to 15%. For details, please see the Newegg official website.

FAQ

Q: I am a Newegg seller now. How will the new membership level affect me?

A: As an existing seller on Newegg, you will automatically be registered as a Standard Seller. Any features currently available will be effective until March 31, 2018. After March 31, 2018, any Professional or Enterprise Seller features will no longer be available to existing sellers who choose to run as Standard.

Q: I am already a Newegg Marketplace seller, how can I upgrade?

A: If sellers want to upgrade their seller level, just log in to Newegg Seller Portal > Manage Account > Membership Settings.

Q: Can Newegg Elite sellers be used on all Newegg platforms?

A: Currently, Newegg Elite Seller and its Standard, Professional, and Enterprise Sellers are only available to sellers on the Newegg.com platform.

Development History

-In 2001, Newegg.com was founded in the United States, with its headquarters in Los Angeles, Southern California. In the same year, Newegg entered the Chinese market and established Taiwen Information Technology Co., Ltd. and Shanghai Newegg E-Commerce Co., Ltd.

-In May 2003, the company launched the industry-renowned Newegg MTS (Management Trainee) program and began recruiting in mainland China and Taiwan.

- In 2004 and 2005, NESC Shanghai and Chengdu were established. In 2005, NESC was named the best website in the computer and electronics field by Forbes, and was also named the only "Forbes Favorite Website" in the field.

-In June 2006, Newegg won the PriceGrabber.com 10K Gold Award.

-In 2008, Newegg Canada branch was completed and put into operation.

- In 2009, Newegg's B2B platform was launched. On May 18 of the same year, Newegg was ranked 15th among the top 100 consumer electronics retailers in the United States by "Twice" magazine.

-In April 2013, Newegg won the "2013 Online Computer Retailer Brand" award.

-On June 11, 2014, Newegg launched its B2B platform Newegg Business Marketplace.

-In July 2014, Newegg announced that it would accept Bitcoin as a payment method.

-In 2016, Link Interactive acquired a 55.7% stake in Newegg for RMB 1.77 billion.

-On September 13, 2018, Lianluo Interactive held a shareholders' meeting and agreed that Newegg would formally prepare for its IPO in the United States, and authorized the Lianluo Interactive Board of Directors to be responsible for the specific work.