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One 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 ha
by daveambrose 18y ago
One 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.