Woot, Inc. · Carrollton, TX United States
Company Description
View Woot, Inc. Locations On A US Map
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This link will open in a new window If you like your online shopping with a side of snide, Woot has it. The company sells discounted computers, electronics, and all sorts of other items at woot.com, t-shirts at shirt.woot, and wine.woot. It generally offers one product per day until it's sold out, which seems an odd business model but has landed the company at the top of the privately-held e-tailer heap. What really sets Woot apart is its narrative product descriptions that weave details about the sale items in with humorous literary references or commentary on current events, and its lively Community area full of product reviews (good and bad) and discussions posted by 1 million daily visitors. It was formed by CEO Matt Rutledge in 2003. To read the full description, subscribe now.
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Key Woot, Inc. Financials
| Company Type | Private Headquarters |
| Annual Sales (mil.) | $163.5 |
| Employees | 100 |
Woot, Inc. Executives
5 executives listed for Woot, Inc.'s Carrollton, TX location.
| Title | Name & Bio | Contact |
| President and CEO | Matt Rutledge | Network |
| CFO | Derek Chapin | Network |
| Director of Purchasing | John Wesner | Network |
Competition
Competitive Landscape for Woot, Inc.
Demand is driven by home sales, replacement due to product failure, and home remodeling. The profitability of individual companies depends on effective marketing and merchandising. Large companies can negotiate volume discounts from manufacturers. Small companies can compete effectively by offering superior customer service or specializing in product segments. The high value of major appliance purchases results in an average annual revenue per employee of $200,000. Major competitors include department stores (Sears); home improvement stores (Home Depot, Lowe’s); consumer electronics stores (Best Buy); warehouse clubs (Costco, Sam's); and mass merchandisers (Wal-Mart). Sears also has a network of more than 800 independent dealers that sell its Kenmore brand appliances in small markets. To read the full description, subscribe now.Top Woot, Inc. Competitors
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