15 Verfied, Last Updated: September 28, 2022 - 4
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Newegg is an electronics retailer specializing in computer products and accessories. The retailer is solely based online but has made good progress over the last two decades and now sells products worth around $3 billion every year. The company also has about 3,000 employees.
The company was founded in the year 2000 by an American of Taiwanese descent. The founder was a man by the name Fred Chang. He joined the company name from "new egg" because, in his tradition, the egg is a symbol of infinite potential while the word new was used to symbolize the new hope that companies operating the then-new e-commerce business model would survive.
After founding the company, Fred Chang served as the company's CEO and Chairman for a good number of years before Tally Liu took over from him in 2008. However, Mr. Chang soon took back his position as CEO in 2010 when Tally Liu left the company.
The company has steadily grown in revenue over the years from barely making any sales in 2000 to making billions of dollars.
Newegg's steady growth is proven by the fact that it is often cited as one of the largest private companies in the states. In 2009, the company was listed as the 234th largest private company in the US, which is no mean feat. A few years before in 2005, Newegg.com was named by the Internet Retailer Magazine as one of the world's largest internet retailers. In 2017, the company was ranked by the Internet Retailer the 21st best internet retailer. This was just last year.
Newegg.com now rakes in sales of over $3 billion every year. The company also makes profits to the tune of tens of millions of dollars. The company now has about 2,500 employees working at its offices.
Chang is also no longer the owner even though he remains the GLOBAL CEO of Newegg.com. The new owners of Newegg are now Liaison Interactive, a Chinese technology company.
The company sponsors/ participates in several techs and PC gaming events around the world.
Right now you can buy a variety of items from Newegg.com including the latest computers and their components, the latest electronics, PC gaming accessories, networking tools and accessories, software packages, automotive items, health and fitness items, and home décor items.
There are quite a number of deals that you can use to cost-save when shopping at Newegg.com. There are also exclusive email deals and coupons that you can get by simply subscribing to the company's newsletter. This will allow you to regularly receive information about the latest deals, products, and promos on the Newegg.com company. Read on to find out how you can save more.
Newegg does not have a separate free shipping policy. However, a good number of items on their online store can be shipped for free. The items available for free shipping are clearly marked "free shipping." Additionally, you can use a filter on their online store to exclusively shop for products that are available for free shipping. Moreover, premier Newegg account holders (a subscription service) enjoy free expedited shipping on all qualifying items. It usually takes no more than 3 business days for the account holders to receive their ordered items.
Newegg accepts returns for products bought on its website. However, not just any return will be accepted. The company has set in stone some guidelines that must be met for a return to be accepted and a refund to be issued. Perhaps the most exciting guideline is that the company accepts all unopened products if returned within 30 days from the date of purchase. This is regardless of the individual return policy for the product. However, other guidelines in the company's return policy do not sound as exciting e.g. the company may deduct a restocking fee from your refund before ending you the rest of the amount. Nevertheless, the bottom line is that the company accepts refunds for products purchased on its website as long as they are undamaged and returned in their original packaging with all the accompanying accessories and other items.
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You will love how easy it is to add a Newegg Coupon Code when shopping on Newegg.com. The step-by-step guide below details the entire process.
Visit the Newegg website and browse the product categories to find the product you are looking for. Alternatively, you can just use a keyword to search for your product using the search bar.
Click on the product. This will reveal the product page. Click on the 'ADD TO CART' button. This will reveal a page with two choices, 'CONTINUE SHOPPING' or 'VIEW SHOPPING CART.' Click on the second choice. This will reveal the checkout page.
It is on the checkout page that you will be able to enter your Newegg coupon code. However, you will first need to enter your email address as some Newegg coupons are limited to one use. Type your email address and click 'Enter.'
Complete the checkout process and wait for your product to be delivered.
As you can see, you will be able to apply your Newegg promo code within a few short steps. Remember, to insert the right shipping details when checking out to ensure that you receive your purchase.
There are a million and one ways to save when shopping on Newegg.com. Here are but four of the easiest ways to ensure that your next consumer electronic device does not leave a hole in your savings account.
The number one way to save on the Newegg website is to visit the ‘DEALS and SERVICES' page on their website. The page lists all the deals that you can take advantage of on the site. There are daily deals on the website, deals for those who subscribe to the company's mailing list, and deals for those who use the retailer's mobile App to do their shopping. What's more, if you don't mind shopping clearance and refurbished PCs, and electronics, you can enjoy some very steep discounts on the page's "CERTIFIED REFURBISH OUTLET" section. The discounts on the section are very deep as the items are not exactly new but have been certified as working perfectly. Shopping in this section could help you save a serious amount of cash.
You can also save money on the Newegg website by signing up to become a Newegg Premier Member. It costs some money to sign up but the benefits are there for all to see. It costs about $30 to be a member for 6 months and $50 to be a member for a whole year. As a member, you will get to enjoy free expedited shipping on all eligible items. You will also enjoy free returns on most products you purchase. Newegg Premier Members also do not pay the restocking fee in case they return an item.
As a Newegg Premier member, you can also enjoy rush processing and dedicated customer service. Most importantly, you will get exclusive deals via email every now and then. These deals will help you save good money especially if you plan on becoming a regular shopper on Newegg.com.
The third biggest way to save money on Newegg.com is to get the Newegg credit card. Newegg credit card holders enjoy incredible benefits when shopping on the online retailer. Some of the benefits include, sale alerts, exclusive deals and offers, and promotional financing offers on most products. For certain products, you will be charged no interest if you pay in full within 6 months, while for other products, you won't pay any interest if you pay in full within 12 months.
The fourth biggest way to reduce your shopping total on Newegg.com is to use their price match guarantee feature. Basically, the feature enables you to claim back part of your purchase price if you find the same item you bought on Newegg being sold at a lower price on any major retailer. According to Newegg.com, major retailers include Walmart, Target, Staples, Sears, Office Max, Office Depot, Kmart, Game Stop, Frys, Dell, Crutchfield, CDW, Best Buy, and Amazon. If you find the same product being sold at a lower price on any of these retailers, use Newegg's price match claim form to get part of your purchase price refunded. The price match guarantee is only valid for 14 days from the date of your purchase.
Newegg has been around for less than two decades and it has grown tremendously to become one of the biggest online retailers of quality consumer electronics.
The company was founded in the year 2000 by Mr. Chang who has now done two stints as its CEO.
There are quite a number of ways you can save money when shopping on Newegg.com. You can save money by visiting the retailer's 'DEALS & SERVICES' page for great deals. You can also save money by signing up to become a Newegg Premier Member or a Newegg Credit Card Holder. Lastly, you can save money using Newegg's Price Match Guarantee feature.
Don't pay in full, use these means to pay less on your next purchase on Newegg.
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