Curious about how to sell on Newegg and wondering why many regard it as an “elite sellers’ marketplace”? Does it mean only the elite can sell on the platform? Also, if you are considering a tech-loving audience as your target consumer, how can a Newegg marketplace be the best place for you to sell?
If you fall into one of the categories above, this article is exactly what you need. Sit down, relax, and read this article from the beginning to the end to fully grasp how selling on Newegg works.
To Become an Elite Seller on Newegg, study:
- Newegg Elite Seller Membership Overview
- Newegg Elite Seller Membership Benefits
- Newegg Elite Seller Membership Pricing Plans
- Shipped by Newegg (SBN) Incentive Program
- Newegg Elite Seller Membership Requirement
1. Newegg Elite Seller Membership Overview
To know the criteria for becoming an elite seller on the Newegg marketplace, understand the generalities of Newegg’s seller membership. Before anything else, be aware that you must have been selling as an experienced seller on other marketplaces before you can get permission to sell as an elite seller on Newegg.
First, register on Newegg as a seller by providing basic information about your business, like the business name, address, and contact information. Indicate the type of seller that you are (manufacturer, distributor, or retailer) and the country you want to sell to.
Get the figure for your annual sales, number of employees, SUKs, Tax ID, and EIN. Generally, Newegg is a tech-focused online store that serves customers looking for new, used, or refurbished consumer goods, computer components, gaming, and entertainment products. Newegg gives you access to over 10.5 million products to sell through its B2B and B2C business models.
2. Newegg Elite Seller Membership Benefits
www.newegg.com/sellers/index.php/elite-seller
To fulfill the requirements of selling on Newegg, understand the marketplace membership benefits. Enjoy the 32 million built-in audiences, which give you access to a large number of potential consumers around the world who are looking to buy exactly the kind of product that you sell.
Also, to boost your product visibility and encourage more sales, tap into Newegg’s few services that enable easy marketing and logistic processes. These services are Ship by Newegg (SBN) and Newegg shipping label services, which come along with their various marketing tools.
In addition, as you accumulate experience from selling on Newegg, you can get access to Newegg’s Premier Seller program, which allows you to sell to customers at the highest tier. You can also enjoy seller incentives, such as extra fast shipping, to boost sales.
3. Newegg Elite Seller Membership Pricing Plans
To start selling on Newegg, understand the membership plan that best suits your business. Choose between Newegg’s free plan and its paid plan. The paid plans are into two categories: Professional ($29.95 per month) and Enterprise ($99.95 per month).
Each membership plan gives you access to more features and add-on services. You get discounts for using Ship by Newegg and the Newegg Shipping Label Service. Furthermore, the plan you choose determines your listing capacity.
The free plan allows you to list up to 5,000 products, while the Professional plan allows you to list up to 25,000 items, and the Enterprise plan has an unlimited number of listings. Note that you must use a paid plan for 6 months before you can switch plans.
4. Shipped by Newegg (SBN) Incentive Program
To fulfill seller conditions for selling on Newegg, know how to use Shipped by Newegg for your fulfillment service. Shipped by Newegg is the perfect solution to get your products to your consumers on time and without a hitch.
To use Shipped by Newegg, send your inventory to a certain Newegg warehouse. Newegg lets you know when it receives your inventory, then Shipped by Newegg chooses, packs, and ships the customer’s item.
5. Newegg Elite Seller Membership Requirements
To meet the requirements to sell on Newegg, understand the cogent documents your business must provide. Registering on Newegg can happen in two ways: first, you can receive an invitation from Newegg, or you can proceed to the platform website to register.
Getting started on Newegg is quite straightforward. You can register for free on both the main site and Newegg Business. Here are the most important documents you must get when registering on Newegg.
- Business Type. Indicate the business type you run, which can be wholesale, retail, or distributing.
- Products. Newegg wants to know the type of product you want to sell if it abides by the platform’s policy. Write great product descriptions and make sure you keep your target audience in mind. Use simple and concise words, and ensure the description solves your audience’s problem. Create good images and videos of your item. The image must be authentic and original. Every picture must be 640 x 480 pixels with a maximum size of 10 MB. Don’t add seller-specific information, a watermark, a logo, or any other form
- Revenue. Familiarize yourself with Newegg’s commission charges per product. These commission fees are between 8% and 12%. For instance, you have to pay a 10% fee on every auto accessory product sold, 12% on beauty products, 8% on cell phones, and 12% on watches.
- Shipping Policies. One of the top reasons you need to sell on Newegg is its Ship By Newegg (SBN) fulfillment program. To use Shipped by Newegg, send your inventory to a certain Newegg warehouse. Newegg lets you know when it receives your inventory, then Shipped by Newegg chooses, packs, and ships the customer’s item when they place an order for your inventory. Set your shipping policy in line with Newegg’s fulfillment terms and conditions. When setting the policies, consider the product type, size, delivery time, distance, country or location, and SBN charges.
- Compliance. Ensure that all your SKUs comply with government regulations at the federal, provincial, and local levels in California and your state of residence. Avoid selling products in these categories; adult and sexuality, alcoholic beverages, used items such as clothing, and cosmetics, counterfeit items and currency, credit or debit cards, and many others.
Conclusion
To know the requirements for selling on Newegg, study the general review of Newegg’s elite seller membership and the benefits of becoming an elite seller on Newegg. Understand Newegg’s paid plan categories and settle for the plan of your choice.
Also, ensure you know how to maximize Ship by Newegg for your gain and know the important requirements you need to become a seller on Newegg.
