Inflatable lawn decorations are a popular choice for Christmas, but they can look messy when they lay deflated during the day. That’s why cousins Jennifer Couch, Amberly Hall, and Kristy Moore got together to create a better decoration solution! Will their ornaments earn them a deal on
Shark Tank Holiball Update
- Entrepreneur: Jennifer Couch, Amberly Hall, and Kristy Moore
- Business: Giant inflatable ornaments
- Ask: $150,000 for 10% equity
- Result: $150,000 for 20% equity
- Shark: Mark Cuban and Barbara Corcoran
Jennifer, Amberly, and Kristy brought their company Holiball Shark Tank Season 12 Episode 7. During their pitch, they shared that their company Holiball, creates giant, inflatable ornaments that will help spread Christmas cheer wherever you place them!
Add a big touch of holiday magic with our oversized inflatable ornaments. The perfect addition to your holiday décor. Ideal for outdoor decorations that make a statement and create a festive atmosphere. Comes in a wide variety of colors and designs so we’re sure you’ll find the Holiball for you.
In 2020, Holiball is expecting to do $650,000 in sales, with an impressive $300,000 in profits. Additionally, the cousins shared that they were having major inventory issues.
Although the demand was there, they just weren’t able to keep up with orders around the holidays. Because of this, they’re hoping that the sharks can help them stock enough product to fill orders.
With a nice profit margin of $30-$50 and solid sales, Holiball attracted the interest of four different sharks. However, they teamed up in groups of two to make an offer.
The first came from Mark Cuban and Barbara Corcoran who offered $150,000 for 20% equity.
Eventually, the other offer came from Daymond John and Lori Greiner, who offered $150,000 for 25% equity.
Unsurprisingly, due to Barbara’s initial confidence in the product, the cousins accepted the deal from Barbara and Mark.
Now that they made a deal with two sharks, did they manage to turn their inventory troubles around? Keep reading our Holiball update to find out!
Research for our Holiball update revealed great news! In fact, appearing on the show was great for business, as it usually is for entrepreneurs.
Within a year of the episode airing, Holiball products were available in 36 states, 8 countries, and more than 350 stores! Then, in December 2021, the cousins sold a record $4.4 million in products!
Also, a quick look at their website shows that the company has expanded its product line to include inflatable bell ornaments, and collegiate ornaments too!
Furthermore, they also sell some hardware accessories for their ornaments, as well as an inflator to make things easy.
Be sure to grab some of these fun decorations for your home, available on Amazon and the Holiball website.
For more updates on products featured on Season 12 Episode 7, be sure to check out the links below:
For a full list of products from Season 12, be sure to check out our Season 12 Products page!
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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!