Woot was founded in July of 2004 by former electronics wholesaler Matt Rutledge in Carrollton, Texas. The company is an online discount retailer that originally offered one deal per 24 hour period or until the item was sold out. The company is known for having an irreverent and silly or fun business style that many find appealing. The company does not offer warranties or exchanges, only refunds for merchandise that is not delivered.
Woot was purchased by Amazon in 2010. Today, the company often offers additional items for sale if an item sells out before noon CST. Woot has also branched off into other sectors, such as T-shirt Woot, Wine Woot, and Children’s Woot. These sites continue to sell a item until it is sold out. Woot offers a flat rate shipping fee, regardless of size or weight of the item. The company currently ships only to the continental US.
The company occasionally offers “Woot Offs” where items are listed until they are sold out, one after the other. Item quantities can be quite limited and often sell out in minutes, creating an auction like frenzy over certain products. Woot is also famous among followers for offering unknown items for sale in a brown paper bag entitled “Woot’s Bag of Crap”. Each bag is $5 plus $5 for shipping. Recipients have no idea what they are purchasing until they receive it but they are told that all items in the bag, combined, will exceed $10 in value. These sales are so popular that they often sell out in seconds and have frequently been known to crash servers.
Woot
Woot was founded in July of 2004 by former electronics wholesaler Matt Rutledge in Carrollton, Texas. The company is an online discount retailer that originally offered one deal per 24 hour period or until the item was sold out. The company is known for having an irreverent and silly or fun business style that many find appealing. The company does not offer warranties or exchanges, only refunds for merchandise that is not delivered.
Woot was purchased by Amazon in 2010. Today, the company often offers additional items for sale if an item sells out before noon CST. Woot has also branched off into other sectors, such as T-shirt Woot, Wine Woot, and Children’s Woot. These sites continue to sell a item until it is sold out. Woot offers a flat rate shipping fee, regardless of size or weight of the item. The company currently ships only to the continental US.
The company occasionally offers “Woot Offs” where items are listed until they are sold out, one after the other. Item quantities can be quite limited and often sell out in minutes, creating an auction like frenzy over certain products. Woot is also famous among followers for offering unknown items for sale in a brown paper bag entitled “Woot’s Bag of Crap”. Each bag is $5 plus $5 for shipping. Recipients have no idea what they are purchasing until they receive it but they are told that all items in the bag, combined, will exceed $10 in value. These sales are so popular that they often sell out in seconds and have frequently been known to crash servers.
History
