why did so many .com companies go belly up?

[vegetation]

It's simple, they all had huge distribution warehouses to fulfill orders that nobody really wanted in the first place. So, in order to keep employees busy, they continually offered coupon codes that made the products half the price of what it cost them. Pets.com used to ship huge bags of pet food for just a few dollars after using the coupons, shipping alone would have cost them more than what money they took in. Some even went further than that by actually giving you money to place a order -- anyone remember that drugstore that gave you a $20 credit for a $10 order? I still have a stack of mach3 razors from that deal 2 years ago.

 

[m2kewl]

Originally posted by: Swag1138
Most dot.commers went belly up because they had no business being in business.

 

[Atrail]

Originally posted by: kei
why did so many .com companies go belly up?
?

Lack of revenue...

 

[glenn1]

A good read on this very subject.