Newegg Commerce, Inc. - Common Shares (NEGG)
Competitors to Newegg Commerce, Inc. - Common Shares (NEGG)
Amazon AMZN -2.66%
Amazon is a major competitor of Newegg, especially in the electronics and tech product sectors. With its vast product selection, competitive pricing, and advanced logistics capabilities, Amazon offers a one-stop shopping experience for consumers. Newegg typically focuses on computer hardware and gaming gear, catering to a tech-savvy audience. However, Amazon's Prime membership and customer service reputation give it a significant edge over Newegg in market reach and brand loyalty.
B&H Photo Video
B&H Photo Video competes with Newegg primarily in the tech space, especially in the photography, video, and audio equipment markets. B&H is renowned for its customer service and expertise in those areas, often providing thorough product reviews and customer education. While Newegg is recognized for its computer parts and gaming products, B&H's focus on media equipment gives it a different edge. However, Newegg's dominance in computer hardware allows it to stay competitive in the broader tech space, making this relationship mutual rather than strictly competitive for all product lines.
Best Buy BBY -2.86%
Best Buy serves as a direct competitor to Newegg by offering a broad selection of electronics and tech products both online and in brick-and-mortar stores. Best Buy's extensive retail presence and ability to provide in-person customer service and product demonstrations give it an advantage in consumer electronics. Newegg competes primarily in the online realm, focusing on niche product offerings and typically lower prices for tech enthusiasts, but lacks the omnichannel experience of Best Buy.
Micro Center
Micro Center competes with Newegg by providing a vast selection of computer hardware, components, and peripherals through its physical locations and online store. They target the same tech-focused consumer base as Newegg. Micro Center’s strong presence in high-density metro areas allows for more immediate product access and in-store pickup options, while Newegg shines in its online-only model, which can offer lower prices on some items, yet Micro Center's local connection provides an edge in customer service and immediate availability.
TigerDirect
TigerDirect focuses on the sale of computers, components, and related electronics, making it a direct competitor to Newegg. Both companies aim at tech-savvy consumers; however, TigerDirect often positions itself with deals aimed at business customers as well as individual consumers, often emphasizing bulk purchasing. Newegg has a more vibrant community around gaming and computer building, giving it a competitive advantage among enthusiasts, while TigerDirect's focus on business needs may appeal more to corporate clients.