Modern Christmas Trees Update | Shark Tank Season 9

Matt Bliss saw that bulky Christmas trees were a common issue for modern homes. This inspired him to develop Modern Christmas Trees, an alternative solution that features a minimalist design. Now, he seeks a shark’s help to bring this festive alternative to a wider audience. Let’s see if he secured an investment in our Modern Christmas Trees update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to Modern Christmas Trees after Shark Tank.

Matt Bliss entered Shark Tank Season 9 seeking $100,000 for 10% equity in his Christmas tree business. After presenting to the sharks, he secured a deal with Barbara Corcoran for $100,000 for 18% equity.

In terms of a Modern Christmas Trees update, the company is still thriving. They have developed a cheaper model and plan to expand internationally in the near future.

Shark	Result
Barbara Corcoran	Accepted offer of $100,000 for 18% equity + $5 royalty until she recoups her investment
Kevin O’Leary	No offer
Lori Greiner	No offer
Mark Cuban	No offer
Barbara Corcoran	No offer

Shark Tank Modern Christmas Trees Pitch

• Entrepreneurs:  Matt Bliss
• Business: Christmas Trees
• Ask: $100,000 for 10% equity
• Result: $100,000 for 18% equity
• Sharks: Barbara Corcoran

Matt Bliss brought his grandfather’s minimalist Christmas tree design from the 1960s to Shark Tank. With its modern, space-saving appeal, he needed to change the face of the eco-friendly holiday decor business. 

He shared the story of his product’s origins and how his family inspired him to create the company Modern Christmas Trees.

Modern Christmas Trees is a minimalist, space-saving alternative to the regular Christmas tree.

Designed with sustainability in mind, it addresses the environmental concerns of growing, shipping, and disposing of real trees. 

Further, the product is available in various sizes, including a wall-mounted option with a sleek, modern aesthetic.

Unlike bulky Christmas trees, these come pre-lit, are easy to assemble, and eliminate the hassle of dealing with heavy pine and tangled lights.

They also come with festive ornaments, making them a complete holiday package. 

Beyond convenience, it is perfect for homes with limited floor space.

It features mood lighting and a rotating mirror ball topper that transforms any room into a festive wonderland. 

Modern Christmas Trees is perfect for design-conscious individuals who value convenience, sustainability, and a modern touch in their holiday decor.

When discussing product pricing, Matt informed the sharks that he is on track to achieve $380,000 in sales, which is $200,000 more than his 2016 performance.

Further, he produces a fully decorated tree for $232 and sells it for $799. 

Eighty percent of sales come from the website, with the rest from retailers like Brookstone.

Mark Cuban expressed doubt that the business would reach the milestone of tens of millions of dollars in sales. He’s out of the deal.

Robert Herjavec appreciated the beauty of the product but said its market potential was very limited, so he also exited the deal. 

Kevin O’Leary was not impressed with the pricing structure Matt had set, so he’s out as well. 

Next, Lori Greiner said the product was beautiful, but her gut tells her not to invest, so she’s out. 

Barbara Corcoran offered $100,000 for 18% and a $5 royalty until she recoups her investment. Matt accepted Barbara’s offer, and they made a deal.

Let’s find out if Matt and Barbara were able to make magic happen in our Modern Christmas Trees update.

Shark Tank Modern Christmas Trees Update

Our Modern Christmas Trees update is exciting for several reasons. First, Matt and Barbara finalized their agreement, and sales spiked 300% shortly after the episode aired.

In a recent interview with Business2Community, Matt discussed their future plans. He mentioned that they are now focusing on offering undecorated trees at a lower price point.

Since Shark Tank, Matt has developed undecorated trees and smaller, more affordable models. He also introduced a 10-foot-high model.

Further, this strategy allows for customization and aims to reach a broader market. They plan to start local shipping in Australia in 2024 and expand to Europe in 2025.

Our Modern Christmas Trees update found that the company now generates about $1 million in annual revenue.

Customers can purchase products directly from the Modern Christmas Trees website.

It seems Matt has everything figured out for his business. We can’t wait for our next Modern Christmas Trees update.

You can find the other company updates from Season 9 Episode 13 here:

• Christmas Tree Hugger Update
• RokBlok by Pink Update
• The Original Comfy Update

Before you go, be sure to check out our Shark Tank Season 9 page for more updates!