Newegg Marketplace to Exhibit at Retail Innovation Conference and Expo 2024

Rhea-AI Summary

Newegg Marketplace, a division of Newegg Commerce, announced it will exhibit at the Retail Innovation Conference and Expo 2024 (RICE) on June 5-6 at McCormick Place, Booth #602 in Chicago. This event provides a chance for Newegg Marketplace to attract new sellers and expand its product categories. The company has already achieved success at two seller-focused events in Las Vegas this year.

Newegg will showcase its low 3% commission rate for new sellers for the first 90 days, versatile Sponsored Product Ads, and a robust suite of marketing tools designed to enhance seller sales potential. Newegg aims to connect with millions of tech enthusiasts through its platform. Ray Chung, Senior Category Manager, highlighted the importance of participating in RICE 2024 to continue this growth momentum.

Positive

• Exhibition at a major event (RICE 2024) enhances visibility and networking opportunities.
• Low 3% commission rate for new sellers for the first 90 days could attract new vendors.
• Success at previous events in Las Vegas indicates positive momentum.
• Comprehensive suite of marketing tools can help sellers increase sales and conversions.
• Potential to connect with millions of tech-focused customers.

Negative

• -time offer for low commission may not have long-term benefits.
• No specific financial figures or performance metrics presented in the PR.
• Success at events does not guarantee future performance.

Booth #602

CHICAGO--(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 the company will exhibit at the Retail Innovation Conference and Expo 2024 (RICE), June 5-6, McCormick Place, Booth #602, in Chicago. This event marks a significant opportunity for Newegg Marketplace to continue to expand its network by attracting new sellers across both its core and broader product categories.

Ray Chung (center), senior category manager for Newegg Marketplace, meets with marketplace sellers during a convention earlier this year. Newegg Marketplace will exhibit at the Retail Innovation Conference and Expo 2024, June 5-6. (Photo: Newegg)

Having already achieved success at two seller-focused events in Las Vegas this year, Newegg Marketplace is poised to demonstrate its comprehensive suite of tools and benefits designed to empower sellers and enhance their sales potential.

Highlights of Newegg Marketplace’s offerings to be showcased at RICE 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.”

RICE 2024 attendees interested in more information and to explore partnership opportunities, should visit Newegg Marketplace, Booth #602.

“The Retail Innovation Conference and Expo is one of the premier annual national retail events. Newegg Marketplace sees an opportunity to exhibit and connect with some of the leading marketplace sellers,” said Ray Chung, senior category manager for Newegg Marketplace. “We’ve gained a lot of momentum for our marketplace this year in adding sellers and exhibiting at shows so moving to this large stage was an important milestone to continue to grow.”

For more information, visit newegg.com/sellers.

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.

Follow Newegg on X, TikTok, Instagram, Facebook, YouTube, Twitch, Threads and Discord.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250505215048/en/

Eric Wein

Newegg Commerce Inc.

eric.j.wein@newegg.com

Source: Newegg

FAQ

When will Newegg Marketplace exhibit at the Retail Innovation Conference and Expo 2024?

Newegg Marketplace will exhibit at RICE 2024 on June 5-6.

What is the significance of Newegg Marketplace's participation in RICE 2024?

Participation in RICE 2024 provides Newegg Marketplace an opportunity to attract new sellers and expand its product categories.

What special offer is Newegg Marketplace providing to new sellers?

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

What tools will Newegg Marketplace showcase at the Retail Innovation Conference and Expo 2024?

Newegg will showcase Sponsored Product Ads and a comprehensive suite of marketing tools.

How has Newegg Marketplace performed at previous events?

Newegg Marketplace has already achieved success at two seller-focused events in Las Vegas this year.