"The only way to be truly satisfied, is to do what you believe is great work. And the only way to do great work is to love what you do." Steve Jobs
Once "inking" gets into your veins you will never be able to live without it. Frank J. Garcia

My Surface PRO 3 'Must Have' Accessories List

Thursday, November 16, 2006

What Manufacturers need to learn

Yesterday something very interesting happened: Woot put on sale 193 refurbished Samsung Q1 for around $750, a Samsung Q1, refurbished and with only 3 month of warranty. And guess what happened.


wootjpg

They sold one unit every 4 minutes. They sold the 193 units in less than 17 hours. Woot made around 49 dollars in each unit sold for a total of 9410 dollars in 17 hours. 10% of buyers bought 3 units and 5% bought 2 units!



And all this for a refurbished Q1 with only 3 month warranty. Could you imagine what would have happened if they sell 193 brand new Q1 for the same price of 750 dollars? How long do you think that would have lasted? Samsung, TabletKiosk, PlaceBlade, Asus, learn from these numbers, the market is there just waiting for the right price to come.


[Posted at Ultranauts.com]