Woot

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Website: http://www.woot.com/

Blog: http://www.woot.com/Blog/

Woot.com is an online store and community that focuses on selling cool stuff cheap. It started as an employee-store slash market-testing type of place for an electronics distributor, but it's taken on a life of its own. Woot.com pioneered the “one deal per day” business model that is now used by several sites across the internet. The basic idea is that only one product is available for sale at any...More»

Address: 4121 International Parkway Carrollton, TX 75007 Map it »

Phone: 972-417-3959

Founded: 07/2004

Industry: Consumer Internet

Sub-Industry: Shopping / eCommerce

Legal Structure: Corporation

Ownership: Private

Date	Type	Capital Amount	Post-Money Valuation	Investors
01/2008	Series A	4M	Unknown	Amazon

Name:	Woot
Product URL:	http://www.woot.com/
Date Launched:	07/2004
Description:	Woot.com pioneered the “one deal per day” business model that is now used by several sites across the internet.
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Last Edit:

11/26/2008 03:31PM by milo3th

History:

v14 > v13 > v12 > v11 > v10 > v9 > v8 > v7 > v6 | See all versions

User Opinions

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Bullish Opinions (12)	Author/Date	Do you agree?
WOOT sells lots of good stuff cheap. Would probably do well in a weakening economy I would think??? Add Comment	jfkline 10/17/2008		100% 1 vote 1 0% 0
ranked the #1 fastest-growing retailer and the 25th fastest-growing company in the US 1 comment Add Comment	irpip 08/21/2008		100% 2 votes 2 0% 0
by Inc. Magazine's annual Inc. 500/5000 list of privately held companies	irpip	08/21/2008
adapted the "woot-off" idea into the satellite sellout.woot.com "sell-off" Add Comment	irpip 08/21/2008		100% 1 vote 1 0% 0
Wootoffs generate high amounts of revenue in a short time Add Comment	thegilby 07/30/2008		100% 2 votes 2 0% 0
Branching into shirts and wine was smart Add Comment	georgebounacos 07/28/2008		100% 2 votes 2 0% 0
Passionate community with cottage industry reminiscent of early eBay Add Comment	georgebounacos 07/28/2008		100% 2 votes 2 0% 0
Great interface, message tone in copy and ambiance. Add Comment	georgebounacos 07/28/2008		100% 2 votes 2 0% 0
Many copy-cat services have popped up, and woot-off specials always generate lots of excitement Add Comment	irpip 07/24/2008		100% 2 votes 2 0% 0
Woot has the strongest brand among the competitors Add Comment	startuper 02/16/2008		86% 7 votes 6 14% 1
Selling 1 item per day should increase their ability to control their profit margin Add Comment	chuck 02/15/2008		71% 7 votes 5 29% 2
Investment from Amazon should add lots of strategic value Add Comment	chuck 02/15/2008		100% 9 votes 9 0% 0
Woot created an innovative and effective new business model Add Comment	angel 02/15/2008		92% 12 votes 11 8% 1

Show all Bullish Opinions

Bearish Opinions (5)	Author/Date	Do you agree?
Have to be careful not to sell too many low quality items or risk community involvement. Add Comment	georgebounacos 07/28/2008		100% 2 votes 2 0% 0
woot servers have been sluggish lately; not refreshing right at midnight central time Add Comment	irpip 07/24/2008		100% 1 vote 1 0% 0
With only one item a day, selection and ability to compare is sorely limited 1 comment Add Comment	mkr2x 02/15/2008		83% 6 votes 5 17% 1
however, the limited nature of the selection artificially increases demand	irpip	07/24/2008
revenue is limited with only selling one product per day 1 comment Add Comment	chuck 02/15/2008		62% 8 votes 5 38% 3
But by opening woot sites in a bunch of different arenas (shirt.woot, wine.woot, etc.) they could expand that while keeping the clever model.	yoda	06/12/2008
not disruptive enough Add Comment	jpaine 05/11/2008		67% 3 votes 2 33% 1