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Matt Rutledge (born 1972) is an American Internet entrepreneur, best known as the founder and former CEO of the daily deal site Woot. Woot was acquired by Amazon in 2010, and Rutledge resigned his position at Amazon in 2012. Rutledge launched a new daily-deal site, Meh, in 2014.
Woot's main website generally offers only one discounted product each day, often a piece of computer hardware or an electronic gadget. Other Woot sites offer daily deals for T-shirts, wine, children's items, and household goods. Two other sites offer various items. On June 30, 2010, Woot announced an agreement to be acquired by Amazon. [4]
Deal-of-the-day (also called daily deal or flash sales or one deal a day) is an ecommerce business model in which a website offers a single product for sale for a period of 24 to 36 hours. Potential customers register as members of the deal-a-day websites and receive online offers and invitations by email or social networks .
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Cyber Monday deals have started. We've been tracking major savings for the past week, and while Black Friday saw record-low prices, Cyber Monday deals look like they're dipping even further.
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