The Associated Press
Updated: 9:25 a.m. ET Dec. 13, 2004
DALLAS - Woot.com takes an unusual approach in the crowded field of Internet retailing. It sells just one item each weekday, starting at midnight local time in suburban Dallas, where the company is based, until it sells out.
Woot — short for "Wow! Loot!" — doesn't tell its shoppers how many watches, laptops or hot-tub phones it has. It just sells what it has in stock, and when the item is gone, sometimes within hours, that's it — there are no rain checks, nothing else to buy. Shoppers have to wait until midnight for the next offering.
The site has developed a fanatical following.
Each weekday at midnight, self-described "gadget geek" Dan Paddock is poised in front of his computer on his favorite Web site, looking for bargains too good to pass up.
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Heh... isn't the internet great?? So many things can work and thrive on the internet that just don't work in the real world. How about a retail store in the mall that only sells one item per day?...
Akaran of Mistmoore, formerly Akaran of Veeshan I know I'm good at what I do, but I know I'm not the best.
But I guess that on the other hand, I could be like the rest.
the most ingenious thing is, once you get the initial setup and kinks ironed out, all you really have to do is "book" inventory.
so the guy/gal who runs this probably doesnt have to work more than 3 hrs a day on it. SO it is a perfect side job to do from your 'real' job to rake in some serious cash or to sit at home and stroke porn all day, whatever.
Clever sales idea. It creates a sense of urgency for crap you would never normally buy. It's like a one item garage sale online each day. It's a simplified shopping channel type thing.
There was a time in the mid-90s when you could not go to a sporting event without hearing this song at LEAST 15 times
"There is at least as much need to curb the cruel greed and arrogance of part of the world of capital, to curb the cruel greed and violence of part of the world of labor, as to check a cruel and unhealthy militarism in international relationships." -Theodore Roosevelt
