Newegg Announces New 10% Off Discount For Students, Faculty And Staff When Customers Check Out With Affirm
Portfolio Pulse from Benzinga Newsdesk
Newegg Commerce, Inc. (NASDAQ:NEGG) partners with Affirm (NASDAQ:AFRM) to offer a 10% discount for students, faculty, and staff who check out with Affirm using an .edu email. This discount can be combined with other offers and applies to orders of $100 or more. The offer aims to alleviate the financial burden of purchasing technology products for the educational community. It is available on a wide range of products including computers, laptops, tablets, and more.

March 28, 2024 | 1:04 pm
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POSITIVE IMPACT
Affirm partners with Newegg to offer a 10% discount to the educational community, enhancing its visibility and usage among young consumers.
Affirm's partnership with Newegg not only broadens its market reach but also positions it as a favorable payment option among the educational community. This could lead to increased usage of Affirm's services, especially among younger consumers who are more likely to be students, thereby potentially boosting its transaction volumes and user base.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Newegg introduces a 10% discount for educational community members checking out with Affirm, applicable on orders over $100 and combinable with other offers.
This initiative by Newegg could attract a significant number of students and educators, potentially increasing sales and enhancing brand loyalty among a younger demographic. The ability to combine this discount with other offers makes it particularly appealing, likely driving more transactions through Newegg's platform.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90