Known initially as W00t, Woot is an American online retailer, established by a renowned wholesaler of electronics, Matt Rutledge on July 2004. Woot is based in the Dallas suburb of Carrollton in Texas.
How It Works
The primary website of the firm offers one discounted product per day. In many instances, it is an electronic gadget or a piece of computer hardware.
Woot’s Spin-Offs: Shirt Woot, Kids, Wine & More:
However, its other websites offer daily deals for household goods, kids’ items, wine, and Shirts (called ‘Shirt Woot’), with two of its other sites offering numerous other items. At times, the company will sell refurbished items. Woot announced its acquisition by Amazon on June 30, 2010.
- “One Day, One Deal” is the firm’s tag line. In the beginning, Woot provided one product each day until it went out of stock or until a replacement (the next offering) was made at midnight Central Time.
- If the daily offer sold out before midnight, the next offering would have to wait until midnight to appear – apart from during special occasions such as Woot-Off promotions. Woot’s business model allows the customers to buy up to three items in a day.
- However, there are days when the company limits the number of products one customer can buy to one.
The acquisition agreement by Amazon brought with it a few changes. For instance, if the day’s offering sells out before midday CST, a new product is usually put up for sale. Customers can also use Amazon Prime to get free shipping on their current Woot orders.
New Offers Are a Surprise
Woot never announces products in advance. With this business model in place, the company cannot replace a defective item, only a refund. Customers who experience challenges are advised to obtain answers from the Woot online forums before contacting the firm.
Woot will only reveal the sales figures when the day’s item has sold out, or when a new product has been put up for sale.
How Shipping Works
With the exception from shirts, other products sold by Woot are only shipped to the United States using FedEx Smart Post, FedEx Ground, or United Parcel Service. All the items are shipped out at a flat fee irrespective of the weight or size.