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Woot! That's A Lot Of Money...
from the not-bad,-not-bad... dept
I have to admit that I'm one of the growing number of folks addicted to Woot, the online electronics store that sells one item each day until it sells out. It's basically taking the concept of the Home Shopping Network to the internet, and focusing on super cheap gadgets. There have been some really great deals there, and the community is pretty loyal (if amusing in the forums, sometimes). However, it appears that Woot is finally getting some more mainstream attention, as the company is admitting that it's going to bring in $5 to $10 million this year (which is actually just five months) with only six employees. Of course, that may not be as impressive as it really sounds. There's no indication on margins. While the company says it's profitable, you never know at this point. I could do $5 to $10 million in revenue if I started giving away $1 bills for $0.90. There already have been a few sites that have copied Woot's gimmick (and even their site's look and feel), so the interesting thing is whether Woot really has built up a strong enough community to keep it going. My gadget collection hopes so, though my wallet may have a different opinion.
Reader Comments
(Flattened / Threaded)
Wat's like a da Woot?
Which sites, pray tell, are emulating Woot with similar offers? Inquiring minds want to know.
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Re: Wat's like a da Woot?
The Daily Deal is one that I know of:
http://deal.com/dailydeal.aspx
It actually used to look identical to Woot, but they've since adjusted it.
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Others?
What are some of the other such sites? I'd like to see them -- and make myself poorer. I'm already a Woot addict, too.
Thanks,
Rike
(if its possible to CC my email on the reply, thanks!)
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Woot Email and Text Message alerts
Hi, If you enjoy using woot and want to be kept up to date on the latest woot, check out my woot alerts site. You can get email and/or text message alerts of the latest woot, plus customizable filters. Check it out at WootWatchers.com
Let me know what you think of the site at adamdoupe@gmail.com
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WOOT sucks
Woot lacks basic customer service.
They are not testing their products and will get burned as their sales volume increases.
Several products sold on their site had major manufacturing flaws. While the manufacturer in some cases will replace the item, in case with HP 3210 All-In-One printer HP will not replace my printer. Woot's website states one year HP warranty. However HP claims since printer is a refurbushed dicontinued item there is no warranty. HP refuses to replace this printer without upfront cost to me.
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Re: WOOT sucks
quit crying, they have good deals
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One stop shopping for broken outdated junk
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