quality posts: 0
mihalis aya wrote:I think you misunderstand. This is not likely to happen.
It is very profitable for woot to have a limited run on the first day, and unlimited but higher priced on the second through to reckoning. By making the first day limited, they ensure higher sales--people can't wait around and decide if maybe they want one. If you want a shirt, you know you have to buy it because the possibility of a sell-out is always looming, and no one really WANTS to pay more. I would be quite surprised if woot ever ran more than 3 grand on the first day, and fully expect it to stick at 2000 for a long while.
If, as I think you're implying here, woot ran an unlimited number of shirts the first day, it would be extremely unprofitable in two ways. First, woot loses all the money from people who, unlike you, want shirts enough to pay $15 (which is still less than Threadless or DBH charge for any of their shirts, and I think is a steal). Second, woot loses all the designers who make the bulk of their money from woot through second day sales. We designers get a buck or two for every $15 shirt, and that can add up very quickly if the shirt was popular and sold out early. Designers who sell out quickly are invested in the second day price raise because it makes them the bulk of their money. They would not want a change of format for unlimited first day sales, because they stand to lose quite a lot of cash. If they stopped participating, woot would also potentially lose a lot of cash, in those unsold second day shirts and in the loss of high-selling designers.
Basically what I'm trying to say is this: the money you and others who are unwilling to pay $15 for a high-quality, custom screen printed shirt just because you know other people managed to get a deal might spend and make for woot < the money they are making with their current system.
I'm still confused why some are putting up such a fuss over five extra dollars. It's still a good price for the quality that we get, and quite frankly, it's ONLY five more dollars.
I have a job, and go to college and if I saw a sold out shirt that I really wanted, I wouldn't hesitate to throw down a few extra dollars for it.
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quality posts: 0
I just got my shirt today in Chicago.
It's nice, but I think the contrast looked much better on my computer screen.
Oh well, such is the nature of Woot!
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