w00t!

Woot = great site. I bought my first item tonight. An wireless mouse for $8.99, including shipping.

Every night at midnight Central Time, the site sells one and only one item. Sometimes the item is refurbished, sometimes the item is new, but almost always it is at a great deal (especially with $5 shipping for every item). Key to using this site is the "“discuss this product"” link in which you can find out whether the woot price beats froogle prices and ebay prices. The quantity of an item is unknown except for the hint that less than 10% of the item is left when the "I want one"” button is flashing.

Most of the items are computer or technology related. Some of the items I'’ve seen are include a great deal on a 61'’ plasma TV for $2500, computer parts, paper shredders, and phones,.

Woot sometimes also has specials such as $1 brown bag deals in which the contents are unknown, but it only cost $6.

One might ask, how does this work as a business model? The woot website states that they don'’t plan on making money until 2043 However, wikipedia states that they have made ~$40 million dollars annually.