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- Headquarters: Carrollton, TX
- Founded: 2004
- CEO: Matt Rutledge
- Slogan: One Day, One Deal
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Internet retailer, Woot, is an E-Commerce site that sells a single item on their web site per day. At midnight, Woot begins selling a different item. Usually products sold on Woot are below retail price. Currently, Woot only offers one item for a very good price in limited quantities.
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Marketing
There are several ways in which Woot releases information on the product they are selling. Their forum is the primary way in which most people find out their information. However, the Matthew Shultz records a podcast daily describing the product they have for sale. They also have other tools such as an IRC bot and a desktop widget for Microsoft Windows and Mac OS X that informs people of the new product for sale.Woot-Off!
During a Woot-Off, as soon as an item is sold out it is replaced by a new item. A bar in the middle of the page shows how close the item is to selling out. Woot-Offs generate a large amount of traffic for the site. To keep the server burden low, a number of auxiliary sites, called "Woot Trackers", replicate the information in real time. Users can monitor the Woot Trackers to learn whether the item being sold is one they wish to purchase, and then go to the site to purchase the item.Returning Products
Unlike many bigger retailers, Woot normally does not allow you to return the product that you had purchased. Instead they recommend that you contact the manufacturer or sell it on eBay. The reason for this is because they will not have a replacement product in stock since they usually sell out all of their products each day.-
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Woot.com Questions
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Since today is a http://woot.com/WhatIsWoot.aspx#q9 Woot-Off, I wondered what is the best thing you ever got from www.woot.com Woot.com? 1 AnswerI was wondering that exact same thing when the knifes popped up on the http://www.mywoot.net tracker! Personally I have grabbed the following during woot-offs ... read more -
what is woot.coms annual sales volume? Yearly revenue for 2007 seems to be 117M according to INC 1 AnswerUS $117.4 million (2007) ▲ 4,988.5% from 2003. It probably leveled out in 2008 a little due to the economy. read more -
Anyone know what happened to www.woot.com? It's been offline for awhile. 1 AnswerIt seems to be running fine. http://woot.com/ read more -
Startup idea I had on plane: a woot.com for travel 1 specific, discounted air/hotel/vaca product every 24 hrs. Thoughts? 2 AnswersLast minute travel ideas/deals is a great idea. In fact, there have been a number of folks who have tried this. The challenge is, of course, that most people pr... read more
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