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It's going to be physical, for sure. How would you analyze the transaction/inventory/shipping process of woot.com?
by daveambrose 18y ago
It's going to be physical, for sure.
How would you analyze the transaction/inventory/shipping process of woot.com?
- tstegart 18y agoNot sure what you mean. It appears they only sell one product each day. Not too hard to keep track of your inventory I suppose. It looks like custom software, I can't see any 'powered by' icons or any credits. How many things will you be selling? Also important, do you make it yourself or does someone else make it and you'll be reselling? There are a lot of options for selling on commission (aka Amazon), dropshipping, and the like.
- daveambrose 18y agoOne of the main competitors for this new service/site will be woot.com. I've been fascinated with their traffic since launch and the loyal fan base that they have. The simplest of ideas: sell one product at an amazingly cheap price, for 24 hours, until it goes out of stock. How do they get these items? How do they manage their vendor/supplier relationships? They probably use drop-shipping since they are only selling one product at a time.
- tstegart 18y agoI wouldn't count on them using drop shipping though. It means putting your customer's info in the hands of a third-party. and relying on them to ship it correctly for you. If you're supplying a different product all the time, that might be a lot of people to rely on. I'd guess they just get a giant delivery of the good's and take 'em off the pallet as they're bought. Now, where they get them is a mystery. They could have connections to close-outs and liquidators or distributors that could get these items in bulk. For some software ideas, you might actually want to check out this: http://news.ycombinator.com/item?id=232958 http://news.ycombinator.com/item?id=232958
- daveambrose 18y agoThis is really helpful. Thanks.