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woot.com

Posted: December 13, 2004, 12:40 pm
by Jassun
Anyone looking for last minute Christmas gifts?

http://www.woot.com


http://www.msnbc.msn.com/id/6705995/

Web store scores with one-item-only

Woot - or 'Wow! Loot' - has fanatical following

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.

...

Posted: December 13, 2004, 12:45 pm
by Fash
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?...

Posted: December 13, 2004, 12:48 pm
by Akaran_D
wootage.

Posted: December 13, 2004, 1:06 pm
by Mr Bacon
From some comparisons it looks like they basically sell everything at half price. Glorious.

Posted: December 13, 2004, 3:41 pm
by Voronwë
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.

Posted: December 13, 2004, 3:59 pm
by Winnow
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.

Posted: December 14, 2004, 5:40 am
by BeatSoggybiscuit
i never knew woot = Wow + loot, thought it makes sense.

i always thought it was some random thing someone said and it stuck around =/


*sigh*



-gav, undead rogue - hyjal

Posted: December 14, 2004, 8:57 am
by Rivera Bladestrike
Me too, heh, that and Uber, which i always guessed came from some form of "super".

EQ slang was always interesting.

Posted: December 14, 2004, 10:38 am
by Morgrym
Most of the terms such as "Woot" came from the ancient MuD days.

Posted: December 14, 2004, 11:35 am
by Burke
Uber is German.

Posted: December 14, 2004, 11:43 am
by Fash
I always saw 'woot' as a masculinization of 'woooooooo!' to allow men to coo over virtual items without sounding like a fag....

don't think the original had anything to do with 'wow, loot'.. but i wasn't much for MUDs.

Posted: December 14, 2004, 12:15 pm
by masteen
The real origin of the word "woot":

http://www.amazon.com/exec/obidos/tg/de ... ce&s=music

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 :razz:

Posted: December 14, 2004, 1:41 pm
by Burke
Who let the woot out?