Newegg Continues International Expansion With the Addition of Its Canada Marketplace
2/19/2014 Press Release
Marketplace Opening Greatly Increases Company's Footprint in North America
LOS ANGELES, CA -- Feb 19, 2014 -- Newegg, fresh off a strong financial finish to the 2013 calendar year, today revealed details of the company's newly opened Canada Marketplace. Newegg Canada plays an important role in the company's expansion plans and adding a Marketplace to this region fuels its rapid growth.
The Newegg Canada Marketplace opened for business in early January 2014, expanding Newegg's portfolio in strategic retail categories such as apparel, appliances, jewelry, baby, home décor, consumer electronics, sporting goods, health & beauty, and more. While Newegg's Canadian customer base is predominantly male, the Canada Marketplace offers an appealing collection of general merchandise products to entice savvy female shoppers.
"Our goal is to connect Canadian sellers with Canadian shoppers in an intuitive, easy-to-use online shopping environment," said Soren Mills, Chief Marketing Officer for Newegg North America. "No matter where someone lives in Canada, Newegg Canada Marketplace offers numerous boutique shops and brand name products, all in one place."
Newegg Canada Marketplace is focused on building long-term relationships with Canadian e-commerce sellers and giving them a sales channel to showcase their products. It is only available to Canadian sellers with local physical distribution and partnerships with Canadian financial institutions.
Newegg's marketplace expertise enables Canadian businesses to greatly expand their domestic customer base. The company's proven e-commerce infrastructure gives their products maximum exposure through various promotional vehicles and merchandising support. It uses a compelling cost structure, offering competitive commission rates without many of the surcharges imposed by other marketplaces.
Sellers taking part in Newegg's Canada Marketplace demonstrate a standard of customer service that's consistent with the shopping experience people have come to expect at Newegg.ca. All sellers will: respond to customer inquiries within 24 hours, ship all orders within 72 hours and offer a 30-day return period with RMAs processed within 72 hours of receipt. This ensures customers can shop with confidence knowing they can rely on Newegg's trusted reputation for quick delivery and excellent customer service.
About Newegg Inc.
Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 25 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. Using the site's online tech community, customers have the opportunity to interact with other computer, gaming and consumer electronics enthusiasts. Newegg Inc. is headquartered in City of Industry, California. The Newegg Hybrid Center is located at 18045 Rowland St., City of Industry, CA 91748.
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