Newegg’s Sponsored Product Ads (SPA) provide sellers with vital tools to expand the reach of their products through targeted ad campaigns that appear across Newegg’s network of sites. But how do Marketplace sellers capture conversions outside of Newegg?
Converting impressions into purchases is the ultimate goal for e-commerce businesses, but achieving those conversions is often easier said than done. Marketing may lead customers to your products, but the world’s most fantastic marketing won’t help finalize that sale without crisp copy, the best branding, and immersive imagery. Do your listings check all those boxes?
Convincing customers to choose your products over the hundreds of other brands competing for their attention often comes down to a product listing’s content. Whoever has the highest-grade content wins the sale. However, sometimes more content is not always better.
Many e-commerce businesses focus on domestic orders while ignoring lucrative global revenue streams. This is because sellers incorrectly believe global sales are difficult to fulfill. However, as economic challenges constrict the domestic marketplace, businesses must expand their customer bases and seek new revenue channels wherever possible. Worldwide markets provide this potential growth, and our tools simplify international fulfillment.
Did you know that about 30% of all products ordered online are returned? According to the website Invesp, that’s about three times the rate of brick-and-mortar stores. For buyers, merchandise returns can mean disappointment and frustration. For sellers, there can be costs from shipping, handling, and restocking. Plus, you may not be able to sell the returned product at full price, if you can sell it all.
Sellers with a great return policy won’t get as many negative reviews, but the best policy for your business is to reduce merchandise returns in the first place. Newegg offers a 30-day hassle-free return on products sold and shipped by us, but your goal is for customers to keep (and rave about) what they buy from you. So, how do you reduce merchandise returns in the first place? Here are five ways.
Newegg puts products into categories and subcategories so that it’s easy for buyers to find what they’re looking for. In turn, each category and subcategory contains a catalog, or organized list, of individual products. As a Newegg seller, you want your product listings to shine. You also want to price your products fairly and avoid any violations that could result in a loss of marketplace privileges.
By following some best practices, you can optimize your catalog pages and avoid potential pitfalls.
Keep reading to learn more – and make the most of the world’s leading tech marketplace.
With consumers feeling the pinch of rising inflation and the burden of higher living costs, it will take more than just low pricing to entice shoppers to spend. Offering flawless customer service with fast order processing is one way to win over customers. Newegg has introduced a new process for seller payouts to encourage timely order processing to ensure customer orders ship on time with accurate, traceable tracking information.
Want to know the secret weapon to maximize your business growth?
It’s the right order management system.
The global e-commerce market for consumer electronics is growing rapidly as consumers shift their shopping habits online. This shift is being driven by a range of factors, with one significant influence being the pandemic, which meant many more consumers started to shop online. Another is the rise in augmented reality (AR) technology which gives consumers the ability to ‘see’ products before purchasing them.
In 2020, the consumer electronics e-commerce market stood at $23 billion. By 2021, this increased significantly to $343.34 billion. By 2025—the market is expected to be worth $511.06 billion.
Now is a great time to have an electronics e-commerce business—but to effectively tap into this growing market, it’s essential to have the right systems and software in place. In this article, we’ll explore how transitioning to a new approach can help supercharge your e-commerce electronics store to help you grow your business as efficiently as possible.
Retailers face the challenge of capturing potential customers’ attention in an increasingly noisy and distracting virtual landscape. How can businesses cut through the pandemonium and optimize the ROI of their ad spend?
Ecommerce competition has never been fiercer. After nearly three decades of expansion and technological advancement, the internet has become a more sophisticated sales environment than back in the early “dot com” days of the 1990s. And consumer savviness has advanced in lockstep with these changes. Now, merchants must grab consumer attention if they want to capture sales in an increasingly congested marketplace. So, how can a business stay ahead of the curve in such a dynamic environment?
Multi-channel selling lets you expand your reach beyond e-commerce platforms like Amazon and Target. Whether you’ve been with Newegg Marketplace for a while or are just getting started, there are some things you need to know in order to maximize your sales with us.
This guide covers nine easy-to-implement strategies.
Keep reading to learn more – and get ready to profit from your newfound knowledge.
Amazon commanded nearly 60% of U.S. online retail purchases in 2021. So, why would you want to sell your company’s products anywhere else?
Channel diversification is a good idea for a myriad of reasons. Today, over 50% of online stores have started using multiple channels to optimize their sales. They’re expanding their reach, but they’re also mitigating the risks and controlling the costs that come with Amazon overdependence. Through channel diversification, you can drive more business at a time when e-commerce sales have grown over 50% since 2019.
Let’s take a closer look at what you need to know.
