Do you want to expand your business and get new customers? Are you thinking of an e-commerce platform to explore business growth? If yes, Newegg is a good platform for you.
To know how to sell on Newegg
- Know What Newegg is.
- Understand Why You Should Sell on Newegg
- Understand Some Basic Guidelines For Selling on Newegg.
- Know How Newegg Works.
- Learn How to Increase Sales on Newegg
- Realize The Pros And Cons of Selling on Newegg
Are you ready? Let’s move on!
1. Know What Newegg is
Newegg is a tech-related e-commerce marketplace that connects various buyers with countless sellers. Newegg has over 32 million customers and creates a strong market niche for tech lovers.
Consider a platform where you can optimally sell your electronics and tech-related stock.
2. Understand Why You Should Sell on Newegg
Selling on Newegg provides many benefits to you, including an access to sophisticated marketing tools along with affordable and fast shipping and fulfilment services.
- Utilize its ever-expanding customer base: take advantage of the expanding audience on Newegg. Understand what your customers love and grow a niche for yourself. With over 350,000 verified customers, you have a customer waiting to buy from you.
- Enjoy strong marketing tools; promote your business with Newegg marketing tools. Use these marketing tools to expand the reach of your business.
- Utilize Newegg’s fast payment system: enjoy a fast and easy payment system, because all transactions get processed within 15 days.
Newegg membership plan
Newegg presents its customers with three basic choices of membership plan: standard, professor, and enterprise. You pay for each plan according to the features and services it offers.
Each membership plan has its capacity.
- The standard plan is a free plan that allows you to list up to 0.5 of your products.
- The professional plan comes at the rate of $29.95 monthly. It allows you to list up to 2.5 of your products with a 5% discount on shipped by Newegg fulfillment and Newegg shipping label services.
- Enterprise plan: comes at the rate of $99.95 monthly with a limitless listing of items. It gives a 10% discount on shipping by Newegg fulfillment and Newegg shipping label services
3. Understand Some Basic Guidelines For Selling on Newegg
Register as a Newegg seller: to register as a Newegg seller, provide basic details about your business.
Here is some information you provide:
- Indicate if you are already selling on another e-commerce platform
- Point out what class of seller you belong to ( producer, distributor, or retailer)
- Indicate the preferred country you want to sell your products.
- Disclose your annual turnover, employee strength, and the number of inventory that you have.
- Choose a membership plan
When your registration is approved, you automatically have an account with Newegg and Newegg communicates with you to know if you already have a niche on the platform. Proceed to the next step.
- Itemize your product; list your products once you become an approved Newegg seller. You already have access to your seller portal after registration, where you can manage and oversee your account effectively, including your listing and orders.
- Promote your business: publicize your business through Newegg’s marketing strategy. By this, you pull more traffic to your Newegg store through these marketing tools
- Show your products on Newegg’s hot deal, itemize your product on Newegg’s site, and promote your various product on Newegg platforms.
- Ship your products
Getting your product to your customer at the right time is the major focus of Shipped by Newegg. This platform allows you to access shipping and fulfillment services. Use Shipped by Newegg to ship your stock to its warehouse.
4. Know How it Works
Set up your seller Portal, point out the items you are to ship and create an inventory for the items.
Follow every instruction you need to follow to send your inventory to the Newegg warehouse.
Newegg informs you when it accepts your inventory.
Receive your fund—Getting paid is sometimes the last step in the sales procedure. Newegg pays her seller every Wednesday through Payoneer, world first, and ACH direct deposit into an individual bank account.
Be informed that Newegg has a percentage commission on items sold, depending on the product category.
5. Learn How to Increase Sales on Newegg
Learn how to increase your sales by following these basic guidelines. Create your list of inventory and follow the SEO guidelines; follow the rules for e-commerce and see more traffic to your product.
Avoid selling products that are not permitted on Newegg, if you do that, you can’t make sales.
Have great images on your products, and attract buyers firstly through the image on your products.
6. Realize The Pro and Cons of Selling on Newegg
To sell on Newegg, be aware of some of the pros and cons of selling on Newegg.
- Pros of selling on Newegg
- Leverage on existing customer
Sell your products to over 32 million customers and registered users. Take advantage of this great customer ready to pay for a product exactly like yours. You increase your sales when you maximize these existing customers. - Embrace the Newegg seller program
Take advantage of some services on Newegg which make marketing and promotion easier. These services increase your visibility to the large world. - Access the premier seller program
Gain experience over time that may eventually qualify you for a Newegg premier seller program. You are granted access to its high-ranking customers on the platform.
- Cons of selling on Newegg
- Pay high commission:
Pays high commission fee on the Newegg platform as the fee tends to add up quickly. Your membership plan also determines the kind of commission you will pay. - Access limited features with the free plan:
your membership plan determines the types of services you enjoy on Newegg. When you opt for the free plan, it reduces the options of what you enjoy. Register for the paid membership plan and enjoy unlimited features.
Conclusion
To sell on Newegg, know what Newegg is, understand why you should sell on Newegg, know how Newegg works and understand the basic guidelines to sell on Newegg. Also, learn how to increase sales on Newegg and understand its pros and cons.
