By Shawn Rice
The Christmas Tree Hugger entered the Shark Tank to pitch to the investors with their pole that works to make fake trees look real. This product is a one-size-fits-all in which Velcro is put around the bottom of your tree. You can find the pole in two styles, brown bark or white birch. Additionally, the pole reverses into a candy cane design for those looking to get more festive with the tree.
Its creator Ryan Kenny said that his hope is to make his product “a new standard” in trimmings for artificial trees. With the 2017 Christmas season being marked as their second holiday season in business, to date, they have sold close to 15,000 units. The Atlanta-based company sells solely online at places like Amazon, Etsy, Wayfair and Zulily. However, Kenny’s goal for this holiday season is to enter into big-box retailers such as Target, Walmart, Hobby Lobby and Home Depot.
Ryan and the Hugger were a sensation on QVC and at the AmericasMart trade show. He had a very successful crowdfunding campaign on Indiegogo that made his vision a mass-produced reality. Christmas Tree Huggers make really great gifts.
Here are some reactions on social media to The Christmas Tree Hugger appearing on Shark Tank.
— Ieesha M. Gee (@IeeshaTheGreat) December 4, 2017
— Molly Nicholson (@MollyCule3) December 4, 2017
Way to go @mcuban for supporting and encouraging the #treehugger dude. They can’t all be billion dollar deals – this guy found a way to find an alternative income stream for his family and that’s awesome! @TheSharkDaymond #RiseAndGrind #SharkTank @ABCSharkTank
— Andy Malavsky (@AndyMalavsky) December 4, 2017
I thought it was a genius idea because it does make the tree bottom look better. I’m all for better
— Frances Shurley (@FrancesShurley) December 4, 2017
Marc is right. His margins are so high, it doesn’t hurt him to keep at it. He’s making a killing, but it’s just not an investable company #SharkTank
— Black White Belt (@BlackWhiteBelt) December 4, 2017
Each week on “Shark Tank,” budding entrepreneurs have the opportunity to pitch their emerging businesses to multi-millionaire and billionaire investors, known as sharks: Mark Cuban, owner of the Dallas Mavericks; Daymond John, fashion mogul and founder of FUBU; Kevin O’Leary, self-proclaimed Mr. Wonderful and founder of O’Leary Financial Group; Barbara Corcoran, real estate maven; Lori Greiner, queen of QVC; and Robert Herjavec, technology guru and founder/CEO of the Herjavec Group.
Philanthropist and Virgin Group founder Richard Branson, Spanx founder Sara Blakely, Skinnygirl Cocktails founder and Real Housewife Bethenny Frankel, Vitamin Water founder Rohan Oza and former MLB player Alex “A-Rod” Rodriguez are also slated to Go to the full article.
Source:: Business 2 Community