I am looking to start a site very similar to the WOOT approach (1 deal 1 day)
I have a t-shirt company and would like to break into the online market with this approach. The site would need to resemble the user functions of [url removed, login to view]
Admin side, I would need a way to keep track of inventory and set a sold-out limit. I will also need a way to send automatic messages, process PayPal payments like they do on their site, and automatically setup the product for the next 24 time frame..