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.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Woot! That's A Lot Of Money…”

Subscribe: RSS Leave a comment
Boris Kleynbok says:

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.

Ryan Brierly says:


I always check these sites when I need new gear. They have some high quality stuff! I actually started using this site http://www.greptext.com/ It will send you text messages when woot or whiskeymilitia or any of those DoD sites has items you are specifically looking for. You give it a list of keywords and when one of those words appears in a deal it text messages you the deal. It also works with other similar sites.. No junk or spam texts too which is nice..

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...