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Newegg is a tech-focused online marketplace where users can buy and sell computer products and consumer electronics. If you’re a Newegg seller, you can list and promote your products to an audience of millions of buyers in more than 80 countries.
However, there’s plenty you’ll need to learn before you can begin selling on the Newegg marketplace, so keep reading for everything you need to know to get started.
Newegg is best known as an online marketplace for computer hardware and consumer electronics. However, the variety of items you can list on the platform is a little broader than that and includes the following:
You can find products to sell on Newegg by completing a few simple steps:
There is no fee to create a Newegg account or to sign up for the platform’s cross-border selling program, Newegg Global. However, you can register for a paid monthly membership if you want to access additional account features.
|Dedicated account manager|
|Premium Seller Store|
|Curated marketing programs|
|Personalised post-purchase email|
|Shipped by Newegg SBN fulfilment||Standard||5% discount||10% discount|
|Newegg Shipping Label Service||Standard||5% discount||10% discount|
|Item listings||Up to 5,000||Up to 25,000||Unlimited|
When you sell to international buyers through Newegg Global, you’ll also need to pay a sales commission on each item you sell. Sales in the US attract a flat commission of 12%, but commission rates for sales to other countries vary depending on the product category.
Say you sell a vacuum cleaner to a shopper in Australia for £400 (including shipping)
Of course, this example doesn’t take into account whether you have a paid monthly membership. It also doesn’t consider the additional cost of converting the AUD you receive as payment into GBP.
With the ability to target more than 35 million customers in over 80 countries, Newegg offers a host of advantages to online sellers. However, the costs involved can add up, while selling online also comes with a number of risks attached. As a result, there’s no guarantee that you’ll be able to turn online selling into a successful business.
That said, you can do a few simple things to increase your chances of success:
You can start selling on Newegg by following the below process step by step.
You’ll need to consider a few different factors when pricing your products on Newegg:
Once you’ve considered all these factors, you should be able to list your product in a price range that suits you and your customers.
Buyers on Newegg can pay for their purchases using the following methods:
Online sellers can receive payments from Newegg via a few different options:
When international buyers pay you in foreign currency, you’ll need to find a cost-effective way to convert those funds back to GBP. You can do this via your bank or a service like Payoneer, but this would mean accepting a poor exchange rate for your transaction.
However, you can find better value for money by opening an online seller account. Commonly offered by international money transfer services, these accounts allow you to receive payments in multiple currencies. This ensures quick payment and allows you to lock in a better exchange rate when you convert back to GBP.
Check out the features of leading online seller accounts in the table below.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
There are multiple shipping options to choose from on Newegg:
There are a few ways you can promote your Newegg products to shoppers. These include the following paid advertising opportunities:
However, you can also market your products using a range of free tools and promotional strategies, such as the following:
If you sign up for a paid membership plan, you can also take advantage of the Premium Seller Store feature. You can use this to customise your store appearance, feature products and incorporate video or HTML on your landing page.
There are a few issues to be aware of if you’re thinking of selling on Newegg:
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