Published: Jun 10, 2019 Last updated: Aug 5, 2021 Yan Kulakov
In the days of fast-developing technologies, new devices and services are released practically every half a year. The technical progress creates the demand for digital devices. Take a look at any Chinese marketplace such as AliExpress or Pandao—the major part of their product range are electronic devices (smartphones, smartwatches, TV sets, and other popular consumer electronics).

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There are also a lot of local electronic online shops in every country (we’re not taking Amazon into account, which has storefronts in many countries). For example, there’s a tech e-shop in the US called Newegg online shop. Newegg marketplace is a computer e-shop based in California. It was founded in 2000 by a US immigrant from Taiwan Fred Chang.

Since 2004, Newegg has been showing stable growth. In 2005 it was named one of the Internet’s Top 10 Retailers by Internet Retailer Magazine. And in the same year, the company got an annual revenue of about $1.3 billion. In 2010, the company launched an online mall—Newegg marketplace. In the same year, they earned over $2.5 billion.

So, the progress will go on and consumer technologies will always be in demand. And if you’re wondering how to start an online computer company, you’re asking the right question. Computers and their components are among the most promising and money-making products because they require constant upgrading. And it’s not only about gaming—professionals also need powerful machines and they keep their PCs up-to-date with the latest hardware. So, how to start an online computer hardware business like Newegg?

It could be challenging, but a lot of launch problems can be avoided if you build your online business on a proper newegg script.

What you need to start your own Newegg marketplace

Although Newegg online shop started the marketplace in far 2010, a virtual mall business model is still very promising today. Entrepreneurs rework their existing online stores into multi-vendor malls and start marketplaces from scratch. And it’s a matter of time when Amazon, Etsy, and Newegg clone websites will take over the global eCommerce market.

There are already a number of websites like Newegg but there’s still room for your marketplace. So, how to start an online computer company like Newegg? First, think of a software platform—a newegg script, on which your multi-vendor computer hardware store will work. Make sure you’re choosing the right base for your newegg marketplace because a lot of things depend on the features the software has.

So that you could make your computer online mall successful, be sure to check if it supports:

  • Multiple vendors
  • Advanced catalog management system
  • Advanced payment distribution system
  • Highload optimization
  • Vendor subscription plans
  • Marketing tools
It’s also important to keep in mind that a good, reliable and well-supported marketplace platform can’t be free. If you want to start a big successful e-commerce project like Newegg online shop, it’s better to use a specialized marketplace software and not some multi-vendor extension for an ordinary single seller store program. This will guarantee the stability, security, and performance of your newegg marketplace.

How to start an online computer hardware business on CS-Cart Multi-Vendor

CS-Cart Multi-Vendor is a professional marketplace solution, a newegg script, that is ready for building a computer online mall out of the box. It is specially developed for creating virtual malls of physical and digital products, and services. It features all the functions mentioned above but its powerful vendor and catalog functionality makes it a very versatile and flexible marketplace platform:

  • Vendor plans: offer your vendors monthly subscription plans with different functions, privileges, and commission rates.
  • Vendor debt payout: motivate your vendors to pay for their vendor plans in time by blocking their backend panels.
  • Common products for vendors: create a common product base and allow your vendors to only sell these products. This way you will avoid duplicates in the catalog and keep your product pages uniform and clean.
  • Separate micro-stores for vendors: grant your vendors the ability to have a micro-store with a unique design that they can edit in the vendor panel.
  • Over 45 editable product properties: configure your products by editing 45 parameters, adding features, and creating product variations.
  • Category commissions: this is a must for marketplaces with various product categories. Set a lower commission for the low-margin product category to attract more vendors.
So, now you have a brief idea on how to start an online computer company like Newegg marketplace. Check CS-Cart Multi-Vendor free demo to get more familiar with its functionality.

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