Chris Pirillo » sales

Store Loses $1.6 Million in Pricing Mixup

Chris Pirillo — Mon, 24 May 2010 13:39:34 +0000

Store Loses $1.6 Million in Pricing Mixup

On Friday night, a pricing mixup caused 6pm.com to lose nearly two million bucks. Around midnight, there was a mistake made in the pricing engine that capped everything on the site at $49.95. This only affected merchandise which appears only on 6pm, and not products that appear also at its sister site, Zappos.

On 6pm, you’ll find brand-name products at deep discounts. For instance, there was a $1400.00 GPS system available during the snafu for only $49.95 during the six hours of the pricing problem. The issue was discovered – and corrected – by 6am PST that morning. The company states that it will honor all purchases made during that time at the prices which were advertised. The cost of the messup for them is estimated at $1.6 million.

Sister site Zappos uses customer service as their key component of sales. It has paid off well, as it’s considered to be the biggest online shoe store on the Internet with over a billion dollars’ worth of sales in the past year. It was acquired by Amazon last year. They claim a large percentage of their sales come from repeat customers who are happy with the company and the way they are treated.

Several blogs are hinting that the price snafu could be some type of odd viral marketing campaign. I can’t believe that any company would willingly eat nearly two million dollars in lost sales for the sake of marketing. Sure… cut your prices. That’s a great way to make sales. But cost yourselves (and your investors) a chunk of change that large on purpose and you’ll likely find yourself out of business.

Did you manage to get some awesome buys over at 6pm on Friday morning? If so, share your steals and deals with us.

Store Loses $1.6 Million in Pricing Mixup

Cyber Monday Coupons and Deals

Chris Pirillo — Sun, 29 Nov 2009 08:45:22 +0000

Cyber Monday Coupons and Deals

Cyber Monday Sales are live as of November 29, 2010 at the following stores. If you don’t see a store listed here, check out our coupon site for coupons and deals for over 1200 stores.

Looking for more coupons? Check out
Coupons.Lockergnome.com or follow us on Twitter at @coupongnome

Cyber Monday Coupons and Deals

Black Friday 2008 with Amazon

Chris Pirillo — Wed, 26 Nov 2008 05:24:48 +0000

Black Friday 2008 with Amazon

I’ve been posting tons of Black Friday specials, sales, coupons, deals, savings, etc. over the past few days – all the better to prepare you for both Black Friday and Cyber Monday. Even if you don’t celebrate any winter holiday in particular, you probably still love to save money.

Black Friday deals start today! Don’t spend Black Friday 2008 jostling for bargains and parking spots. Certain sites (like Amazon) will have amazing deals to help you and your site visitors get holiday shopping done for less. There’s the Amazon Black Friday page which acts as a central point to find all their Black Friday deals, including the Gold Box hourly deals featured from midnight to 11pm PST and thousands of products that are on sale for a limited time only.

This represents a tremendous opportunity for you. So, this year you shouldn’t fight the crowds when you can shop online at Amazon from the convenience (and comfort) of your keyboard.

Plus, Amazon Customers Vote is back for 2008 and voting has already begun! Customers Vote is a special end-of-year promotion where you can vote for the deal you’d like to buy at an amazing discount. There will be six rounds of voting with three products in each round. Beginning Thursday, November 27, 2008 each day a new winning product will be announced, and randomly selected customers who voted in that round will receive an invitation to participate in the race to buy the winning product.

Black Friday 2008 with Amazon

Where to Make and Sell Merchandise

Chris Pirillo — Sat, 01 Mar 2008 07:17:11 +0000

Where to Make and Sell Merchandise

Add to iTunes | Add to YouTube | Add to Google | RSS Feed

People ask me every day if they can buy Pirillo or Lockergnome T-shirts. After considering it, I’ve decided to create a small “store” of sorts… on Zazzle! You can create your own Zazzle store, create merchandise, and sell it easily!

Choose from over 350 products to design. Post them for sale in the Zazzle marketplace. When someone buys your product, you make money! Do you want to create a store to showcase your creations? On Zazzle, you can easily set up your own shop, decorate it, and promote it with their tools.

It’s completely free to sign up and start creating! You get a percentage of every item sold, as does Zazzle. It can’t be any easier than that!

Keep an eye out on my Zazzle store for more products and deisgns coming soon.

FirstRSS ERROR: "http://shop.tagjag.com/products/tshirt" NOT FOUND!

Want to embed this video on your own site, blog, or forum? Use this code or download the video:

Where to Make and Sell Merchandise