Looks like they are keeping with the $10 with free shipping gig.
Looks like I was wrong on that front then. If they just chucked on a couple of bucks for shipping I doubt it would affect their sales, but it would probably affect their profits significantly.
Quote:
Originally Posted by Rodney
I just bought one and they aren't even upcharging for the 2XL.
At this rate it's more likely to be the woot killer than the Threadless killer
The stats page says they made $6200 off 500 shirts... which is interesting since that's more money than they even sold for.
Aaaanyway, I think this is going to continue to be an interesting thing to watch.
(on a personal note, I can't believe that with so many game controllers the Sega Master System was left out... again!)
edit: actually, I dare say that's meant to be a SMS controller top right... it just doesn't actually look like one.
__________________ "Ah, Henny Penny," said Chicken Little, "the sky is falling, and I must go and tell the king."
Looks like I was wrong on that front then. If they just chucked on a couple of bucks for shipping I doubt it would affect their sales, but it would probably affect their profits significantly.
I agree, the cost could be bumped up a few dollars and still be a darn great deal. $10 is probably around what the shirts would go for wholesale.
I wonder if it's going to be 500 shirts each time.
Definitely will be an interesting thing to keep an eye on.
Looks like I was wrong on that front then. If they just chucked on a couple of bucks for shipping I doubt it would affect their sales, but it would probably affect their profits significantly.
At this rate it's more likely to be the woot killer than the Threadless killer
The stats page says they made $6200 off 500 shirts... which is interesting since that's more money than they even sold for.
Aaaanyway, I think this is going to continue to be an interesting thing to watch.
(on a personal note, I can't believe that with so many game controllers the Sega Master System was left out... again!)
edit: actually, I dare say that's meant to be a SMS controller top right... it just doesn't actually look like one.
I wondered that on "Woot Wage" in the past and it's always prorated as if the sale went at least an hour:
so get the number per minute sold and then multiply times 60, the x price to get the "Woot Wage" then you have a comparable measure of speed from sale to sale regardless of sellout and quantity.
Guys, guys, guys. It's all a marketing ploy. Start off with 500 shirts and see how it does. Next thing, 1000, 2000 shirts...plus if there doing this every day 6200 a day = 1,612,000 for the year...not to shabby
so get the number per minute sold and then multiply times 60, the x price to get the "Woot Wage" then you have a comparable measure of speed from sale to sale regardless of sellout and quantity.
Ah, that makes sense - thanks. I (mistakenly) read it as one of those modern business transparency things. It's a good way to give the obsessed a number to play with without giving anything important away actually
__________________ "Ah, Henny Penny," said Chicken Little, "the sky is falling, and I must go and tell the king."
Woot added more shirts for today's design 50 more..watch how the quanitiies will keep on rising.
genius.
Nothing too surprising about that
I'm sure they'll find a spot where it is still "limited" but not too limited so that it sells out in 30 minutes each time.
I'm most surprised that they are selling them for $10 with free shipping. They are printing them in house, which helps to cut down costs.
Today's design took a bit longer to sell out than yesterdays. It will be interesting to watch and see which designs are "hot" sellers and which designs linger around for the full day.
Rodney, you keep saying it will be interesting to see what happens with woot..
But why??
Will what they do somehow revolutionize the T-Shirt industry?
I just see this as a company leveraging their expansive user base to sell T-Shirts.
Their is synergy between their core business and their new t-shirt venture.
I'm just wondering what the big woot is all about.
I'm sure they'll find a spot where it is still "limited" but not too limited so that it sells out in 30 minutes each time.
I'm most surprised that they are selling them for $10 with free shipping. They are printing them in house, which helps to cut down costs.
Hi guys, I designed the Sore Thumbs shirt so I thought I'd pop in here to clear up a few things...
On the first day a shirt is sold, it is sold at the $10 price. Even if it sells out, it will still be available through a backdoor link (the link for mine is Woot Shirt : One Shirt, No Shoes, No Service (SM) if you want to see how it works), though at the higher price of $15. So if you don't mind paying a little extra, there's no real need to be up at midnight when new shirts go up.
I know there were also some questions about how designers get paid. It's a flat fee for the first night of sales and a dollar amount per shirt after that (I'm not comfortable being more specific, but they'd probably tell you if you emailed).
Also, I had my t-shirt blog linked in the product description and as a result I got over 2500 hits. I had a post about Threadless up and enough people bought shirts through that link yesterday that I have enough street team points for a free shirt. So some of you who have t-shirt businesses could have a ton of potential sales if Shirt.Woot sold one of your shirts. I think that's the thing that will make Shirt.Woot so huge- I can see a lot of businesses being interested in getting that many potential purchasers to their site, especially since the number of Shirt.Woot members is still growing.
So some of you who have t-shirt businesses could have a ton of potential sales if Shirt.Woot sold one of your shirts. I think that's the thing that will make Shirt.Woot so huge- I can see a lot of businesses being interested in getting that many potential purchasers to their site, especially since the number of Shirt.Woot members is still growing.
makes sense.
i wish i were a t-shirt designer. ...but most here are.
Rodney, you keep saying it will be interesting to see what happens with woot..
But why??
Will what they do somehow revolutionize the T-Shirt industry?
Because it's almost like Google getting involved in the t-shirt industry.
When Google gets involved in an industry, they sort of change the rules a bit by offering what would normally be a premium paid service, for free (like Google analytics or Google Payments).
Woot already had a good following with its current "tech" offering at woot.com. Like threadless, they have a whole base of customers lined up, just waiting to see what they can buy next. This base of customers is the community that they have built.
Both companies built a community of rabid buying consumers who repeatedly visit their websites looking for more stuff to buy. For a person selling products, it doesn't get better than that.
Up until now, the two sites were in different industries.
Although I thought woot's foray into wines was a bit weird, I think the t-shirt industry is a perfect fit for the woot model.
In fact, when I first ran across Woot in 2004, I thought it was a nice business model and thought it would make a great t-shirt site.
3 years later, it has happened and I think it's interesting to watch new players come into the industry and change the way things are normally done or do something different than the standard "here's my shirts, please buy them" setup.
I have no idea whether it will revolutionize the industry or not, but to me, new players getting into the t-shirt industry with a good offering is interesting to watch. I guess I'm weird that way