The Christmas Tree Hugger is a company that was featured on
Shark Tank Christmas Tree Hugger Update
- Entrepreneurs: Ryan Kenny
- Business: Christmas Tree Accessory
- Ask: $100,000 for 20% equity
- Result: No deal
- Sharks: None
Ryan told the sharks that his company had been in business for a little over a year and had about $50,000 in total sales. A single unit cost a little over $1 to manufacture and is currently sold at a retail price point of $17.95. The company has partnered with QVC and is also selling most of its inventory online.
Since its start, The Christmas Tree Hugger is now known as easy to install with great customer care backed by real people. The Christmas Tree Hugger is a trusted brand name and customer favorite.
Ryan admitted that his company’s sales were not great and he had made some mistakes, however, he was still hoping to secure an investment from some of the sharks that might be willing to take a chance on him. Lori Greiner was not confident in the product whatsoever and was the first shark to drop out without making an offer.
It did not take very long for the remaining sharks to drop out. Several of the sharks shared their negative feedback towards the product and didn’t believe that it was solving a major issue that was apparent during the holiday season.
Now let’s pivot and take a look at the Christmas Tree Hugger update. The good news is that Ryan Kenny has managed to keep his company in business all the way through 2022. Every Christmas season has been fairly successful as the Christmas Tree Hugger continues to generate about half a million dollars in sales every holiday season.
During our Christmas Tree Hugger update research, we found that customers can buy the product from a few different retail stores, including Home Depot and Walmart. This product is also available online on Amazon Marketplace.
The future looks bright for Ryan despite not getting a deal on
You can find the other company updates from Season 9 Episode 13 here:
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