In case you're wondering if Woot makes much money...

Dec 27, 2001
11,272
1
0
Man, having a good business model at a time like this with empty buildings left over from the dot com bubble has got to be sweet.

BTW, I love that guy who writes the descriptions. He's got an alltogether dry and absurdist sense of humor.
 

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
Originally posted by: SSSnail
I had very similar idea before Woot came about. I blew it.

There's plenty of room for another similar business, but I think I think their buyers are simply some of the best in the industry. They must decide what to buy, how many, and what price to sell the items at, which is at the heart of what makes them successful imo.

They appear to still be a small company, but run by some brilliant people who are very experienced and excellent at what they do.
 

SSSnail

Lifer
Nov 29, 2006
17,458
83
86
Originally posted by: jjsole
Originally posted by: SSSnail
I had very similar idea before Woot came about. I blew it.

There's plenty of room for another similar business, but I think I think their buyers are simply some of the best in the industry. They must decide what to buy, how many, and what price to sell the items at, which is at the heart of what makes them successful imo.

They appear to still be a small company, but run by some brilliant people who are very experienced and excellent at what they do.

My business model doesn't require any buying, not even inventory overhead. I don't know why I haven't done it.
 

Jeff7

Lifer
Jan 4, 2001
41,596
19
81
Originally posted by: HeroOfPellinor
Man, having a good business model at a time like this with empty buildings left over from the dot com bubble has got to be sweet.

BTW, I love that guy who writes the descriptions. He's got an alltogether dry and absurdist sense of humor.
"Meet another one of our friendly employees, who is definitely not wanted in another state under an assumed name. "
:)

Good PR campaign.
"Our employees are almost certainly not felons in this state."
 

mugs

Lifer
Apr 29, 2003
48,920
46
91
Originally posted by: SSSnail
Originally posted by: jjsole
Originally posted by: SSSnail
I had very similar idea before Woot came about. I blew it.

There's plenty of room for another similar business, but I think I think their buyers are simply some of the best in the industry. They must decide what to buy, how many, and what price to sell the items at, which is at the heart of what makes them successful imo.

They appear to still be a small company, but run by some brilliant people who are very experienced and excellent at what they do.

My business model doesn't require any buying, not even inventory overhead. I don't know why I haven't done it.

How is it similar to Woot? :confused:
 

OS

Lifer
Oct 11, 1999
15,581
1
76
Originally posted by: SSSnail
Originally posted by: jjsole
Originally posted by: SSSnail
I had very similar idea before Woot came about. I blew it.

There's plenty of room for another similar business, but I think I think their buyers are simply some of the best in the industry. They must decide what to buy, how many, and what price to sell the items at, which is at the heart of what makes them successful imo.

They appear to still be a small company, but run by some brilliant people who are very experienced and excellent at what they do.

My business model doesn't require any buying, not even inventory overhead. I don't know why I haven't done it.

I hope you have something better than just drop shipping everything
 
Jun 19, 2004
10,860
1
81
Originally posted by: SSSnail
Originally posted by: jjsole
Originally posted by: SSSnail
I had very similar idea before Woot came about. I blew it.

There's plenty of room for another similar business, but I think I think their buyers are simply some of the best in the industry. They must decide what to buy, how many, and what price to sell the items at, which is at the heart of what makes them successful imo.

They appear to still be a small company, but run by some brilliant people who are very experienced and excellent at what they do.

My business model doesn't require any buying, not even inventory overhead. I don't know why I haven't done it.


I think they've got ya beat man.....
 

SSSnail

Lifer
Nov 29, 2006
17,458
83
86
Originally posted by: mugs
Originally posted by: SSSnail
Originally posted by: jjsole
Originally posted by: SSSnail
I had very similar idea before Woot came about. I blew it.

There's plenty of room for another similar business, but I think I think their buyers are simply some of the best in the industry. They must decide what to buy, how many, and what price to sell the items at, which is at the heart of what makes them successful imo.

They appear to still be a small company, but run by some brilliant people who are very experienced and excellent at what they do.

My business model doesn't require any buying, not even inventory overhead. I don't know why I haven't done it.

How is it similar to Woot? :confused:

The similarity stops at overstocks and unwanted items. And no, not drop shipments.