In this review of Shark Tank Global, we’ll take a closer look at one of the latest episodes of Shark Tank US, where entrepreneurs pitch their innovative products to a panel of business moguls and investors known as the Sharks. Today, we’re specifically examining the pitch of Crea Product, evaluating the business savviness, negotiations, and ultimately, if they successfully struck a deal with the Sharks. Join us as we dive into the excitement and tension of this episode and discover if Crea Product can swim with the Sharks or if they’ll be left to sink.
Shark Tank US: Will Crea Product Strike a Deal with the Sharks?
Are you tired of spending hundreds of dollars at the salon just to get a haircut? Wish you could cut your own hair at home without the risk of a disaster? If so, you’re not alone. And that’s exactly why Milu, founder of Korea Products, invented the Crea Clip – a hair cutting guide that allows you to easily trim your own locks.
In this review, we’ll take a closer look at Milu, the Crea Clip, and her journey on Shark Tank US.
Introduction
Shark Tank is a popular reality TV show that allows entrepreneurs to pitch their innovative business ideas to investors (also known as “sharks”). If they impress the investors, they can strike a deal and get the funding they need to take their business to the next level.
Milu was one of these entrepreneurs. She brought her invention, the Crea Clip, to Shark Tank in the hope of getting a deal.
Milu’s Inspiration and Products
Milu’s inspiration for the Crea Clip came from her own experience. She couldn’t afford to go to the salon, but she didn’t want to look unkempt either. That’s when she came up with the idea of a hair cutting guide that would allow ordinary people to cut their own hair at home.
In addition to the Crea Clip, Milu also sells Korean nails and a Korea lash product. These products are just as innovative as the Crea Clip and have helped Milu build a strong brand.
The Sharks and the Deal
Milu’s pitch on Shark Tank was impressive. She demonstrated how the Crea Clip works and shared her sales figures. The Crea Clip has sold an impressive 550,000 units in the last year and is priced at $30. Milu’s profit margin is a healthy 66%.
However, not all the sharks were convinced. Some express doubts about the profitability of the product. But Milu didn’t let that stop her. She remained driven and determined to succeed.
Ultimately, two sharks offered a deal – Lori and Barb. After some deliberation, Lori teamed up with Milu.
Milu’s Journey
Milu has come a long way. She escaped the Vietnam War with her family and worked tirelessly to build her business from the ground up. Her determination and hard work have paid off. In 2021 alone, she has made 800,000 in sales.
Despite the challenges she’s faced, Milu remains optimistic and focused. She has a strong vision for her brand, and she’s determined to make it a success.
FAQs
- Where can I buy the Crea Clip?
You can buy the Crea Clip on the Korea Products website.
- How do I use the Crea Clip?
The Crea Clip comes with instructions on how to use it. Basically, you clip the guide onto your hair and trim around it.
- Is the Crea Clip suitable for all hair types?
Yes, the Crea Clip can be used on all hair types.
- What other products does Milu sell?
Milu also sells Korean nails and a Korea lash product.
- How many units of the Crea Clip has Milu sold?
Milu has sold 550,000 units of the Crea Clip in the last year.
Conclusion
Milu’s journey on Shark Tank is an inspiration to us all. Her hard work and dedication have paid off, and she’s created a brand that’s innovative, affordable, and accessible. The Crea Clip is a game-changer for anyone who wants to cut their own hair at home. So, will Crea Product strike a deal with the sharks? The answer is yes. And it’s just the beginning for Milu and her brand.
