Newegg Marketplace to Exhibit at Mobile Disrupt 2024 in Las Vegas

Rhea-AI Summary

Newegg Marketplace, a division of Newegg Commerce (NASDAQ: NEGG), will participate in Mobile Disrupt 2024 on June 18-19 at The Bellagio, Las Vegas. The event spotlights the secondary phone market, offering Newegg a chance to expand its refurbished mobile phone inventory. Key highlights include a 3% commission rate for new sellers for the first 90 days, versatile Sponsored Product Ads to boost reach and sales, and robust marketing tools. Newegg aims to connect with tech enthusiasts and explore partnerships at Booth #E07, leveraging the event to grow its secondary mobile phone business.

Positive

• Newegg Marketplace's participation in Mobile Disrupt 2024 presents an opportunity to expand its refurbished mobile phone inventory.
• For a time, new sellers on Newegg Marketplace can benefit from a reduced commission rate of 3% for the first 90 days.
• Sponsored Product Ads and robust marketing tools on Newegg Marketplace help increase reach and sales.
• The event will help Newegg connect with millions of passionate technology enthusiasts, potentially increasing traffic and sales.
• Mobile Disrupt is positioned as a valuable platform for Newegg to explore partnership opportunities.

Negative

• The promotion of a -time 3% commission rate for new sellers may suggest potential revenue loss in the short term.
• Focusing on the secondary mobile phone market could be seen as a risk if consumer interest declines or market competition increases.
• Heavy reliance on events like Mobile Disrupt for growth could indicate vulnerability to external factors affecting event success and turnout.

Booth #E07

LAS VEGAS--(BUSINESS WIRE)-- Newegg Marketplace, a division of Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced its participation in Mobile Disrupt, taking place June 18-19, at The Bellagio in Las Vegas.

Mobile Disrupt, known for its focus on the secondary phone market, presents an opportunity for Newegg Marketplace to expand its repurposed mobile phone inventory, a category that the company has prioritized to grow.

Highlights of Newegg Marketplace’s offerings to be showcased at Mobile Disrupt include:

• Low commission rate: For a limited time, new sellers can benefit from a reduced commission rate of 3% for the first 90 days on Newegg Marketplace.
• Sponsored Product Ads make products front and center: Versatile Sponsored Product Ads are designed to increase reach and sales.
• Powerful marketing tools: Newegg Marketplace provides a robust suite of both on-site and off-site advertising tools to amplify the brand message and increase conversions.
• Passionate tech-focused customers: Connect with millions of passionate technology enthusiasts through Newegg Marketplace, the premier global marketplace for all things tech that offers “Tomorrow’s tech delivered today.”

Attendees of Mobile Disrupt interested in learning more or exploring partnership opportunities are encouraged to visit Newegg Marketplace at Booth #E07.

“We’ve been rapidly increasing the size of our secondary mobile phone business, so Mobile Disrupt offers a solid opportunity to continue that growth,” said Ray Chung, senior category manager, Newegg Marketplace. “As consumers are scaling back their spending this year, buying a refurbished phone is a smart personal finance decision. We expect our refurbished mobile business will continue to thrive in both traffic and sales.”

About Newegg

Newegg Commerce Inc. (NASDAQ: NEGG), founded in 2001 and based in the City of Industry, Calif., near Los Angeles, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg also serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information, please visit Newegg.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240612691299/en/

Eric Wein

Newegg Commerce Inc.

eric.j.wein@newegg.com

Source: Newegg Commerce Inc.

FAQ

What is the date and location of Mobile Disrupt 2024 where Newegg Marketplace will exhibit?

Mobile Disrupt 2024 will take place on June 18-19 at The Bellagio in Las Vegas.

What special offer is Newegg Marketplace providing to new sellers?

Newegg Marketplace is offering a reduced commission rate of 3% for new sellers for the first 90 days.

How can Newegg Marketplace help boost product reach and sales?

Newegg Marketplace offers versatile Sponsored Product Ads and a robust suite of marketing tools to increase reach and sales.

What type of customers does Newegg Marketplace target?

Newegg Marketplace targets millions of passionate technology enthusiasts.

Where can attendees of Mobile Disrupt visit Newegg Marketplace?

Attendees can visit Newegg Marketplace at Booth #E07.