Gambling with Woot

MysteryBox-01

A few weeks ago, Woot.com advertised a “Mystery Box of Electronics.” One box cost $50. Woot said: “Not knowing is half the fun!” Each box would include:

  • Random consumer electronics items
  • You get 3 items per order in a brown box (nothing special about the box!)
  • Condition will be refurbished on most items. Some could be new

So, I decided, why not? And I gambled on Woot – I bought three mystery boxes of electronics! (Because not knowing really is kind of fun…)


I received my last box today! Here is what I received:

2015-09-17 13.34.58

Box 1:

I received three items:

  • A very pink “beat mixr” headset. Other listings on Amazon.com show prices for new/used (for some reason some new are cheaper than the used!), starting as low as: $110.
  • A small Acesori PowerStick. Other listings on Amazon.com show prices for new/used, starting as low as: $4.
  • An Acesori Glass Vault screen protector for an iPhone 5. Other listings on Amazon.com show prices for new/used, starting as low as:  $7.

2015-09-17 13.31.56

Box 2:

In the box, I found:

  • ifocus “Deluxe edition” educational system for kids (a set of CDs: one is an educational game and the other is a fitness program). The company that sells these says they are $199.95, but it doesn’t look like I could resell them
  • An Acesori Glass Vault screen protector for an iPhone 5. Other listings on Amazon.com show prices for new/used, starting as low as: $7.
  • Acesori Bluetooth Noise-canceling Neckband Headset with Built-in Microphone. Other listings on Amazon.com show prices for new/used, starting as low as: $30.
  • LG Electronics Gruve Bluetooth Stereo Headset. Other listings on Amazon.com show prices for new/used, starting as low as: $30.

WP_20150922_17_20_56_Pro

Box 3:

  • BlueAnt Pump – Wireless HD Sportbuds – Black. Other listings on Amazon.com show prices for new/used, starting as low as: $26.
  • Turtle Beach Ear Force Z11 Amplified Gaming Headset. Other listings on Amazon.com show prices for new/used, starting as low as: $24.
  • TruGuard Tempered Glass Screen Protector for iPhone 5/iPhone 5S & iPhone 5C. Other listings on Amazon.com show prices for new/used, starting as low as: $6.

So the big mathematics question is: Did I get my money’s worth?

In the Woot discussion (http://electronics.woot.com/forums/viewpost.aspx?postid=6481553&pageindex=60), many customers say, “No!” Others say, “Yes!” I’ll give several comments here, and let you decide!

  • The value is there for at least what everyone paid for when they ordered it. The problem is people discount the value simply because it’s something they don’t want or can’t use, or they deem to be useless. That’s on them, not Woot.
  • This sale rather was marked as getting mystery items that were either new or refurbished worth at least $200. So for $50 bucks, if thats the case, how could we go wrong. We should all consider that that this $200 value should not by any means be gauged on our perception of value, but rather fair market value, which is really the point of taking up a mystery box. It may be worth it to you, but it may not. If its not, you can go through the legwork of selling it off and making back your money.
  • (received my box 3 above) I am not satisfied because I don’t feel this box is worth the 50 bucks I paid. But still I will get use out of some of it. I understand that with these boxes you run the risk of getting items you don’t want or won’t use but you expect the value to still be there.
  • As to “value”, that is in the eye of the beholder. The great marketing dilemma. Do we want to talk about MSRP, street price at release, current street price, or the best deal available? Naturally, very few items ever sell at MSRP, but it is still used everywhere to convince everyone how much money they are saving at the current street price.
  • Overall – the value of the boxes I received is total crap – at least for me.
    IMHO no quality items. Protectors for outdated devices. MSRP that are years old and cannot really count against today’s value. Overall inflated MSRP assumptions of products that cost cents to make (like cases and protectors)… no value there.

So…. what do you think? Was it a good decision or bad?

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