Brown is a twisted bandage. They are different from traditional wound dressings because they have different brown shadows to match your skin tone. When the founder Rashid Mahdi and Intisar Bashir set into a shark tank, they reached an agreement with Mark Cuban, Lori Greiner and Daymond John. Many years later, the brown price is estimated to be $ 500,000.
Founder
Rashid Mahdi and Intisar Bashir are married couples living in Columbus, Ohio. The couple are raising three children and taking care of them, which means taking care of their bumps and bruises.
When they buy more bandages, they noticed that the bandage black tone is inconsistent with the child's skin tone. Bashir realized that not everyone agreed to the brand's naked bandage. Because she comes from an entrepreneur family, Bashir is inspired to solve this problem.
Built brown
Local Ohio launched brown in 2018. At first, Intisar and Rashid only made bandages for adults, and later expanded to children. Their children like the personalized style of princess and superhero.
With the help of the artist, they designed a bandage with characters to attract more children. When operating business, Rashid is engaged in the IT management of logistics and Intisar.
Although there was a wonderful idea, the initial sales were very slow until June 2020. This changed during the motion of the black life problem. The sales of companies owned by blacks have greatly increased. In that year alone, the business sold $ 135,000 and had to wait four months to rebuild inventory.
The appearance of the shark tank
Rashid and Intisar appeared in the 13th quarter, seeking $ 75,000 of $ 75,000. The company's information was well received, but Robert believed that the market was too competitive and it took too much money.
Kevin O'Leary's license agreement provides 15 % of $ 75,000. Lori found that it was difficult to match the trading of Mr. Wonder, and let Daymond and Mark Cuban join her. The three hopes to invest $ 100,000 by 30 %.
Kevin's offer is better, but the $ 100,000 of the founders and Lori, Mark and John reached 25 % transactions. The power of the three sharks cost 10 %, at least they invested $ 75,000 in credit limit. I was glad to see Kevin congratulations to them. This is rare, and he helped them get better transactions.
Sales after shark tank
Like many companies with real intentions, brown people have received a lot of love for shark tanks. According to CNBC data, the business sold $ 130,000 after six days in April 2022. One year later, their lifelong sales exceeded $ 1 million.
This helps them develop more products, such as masks, pajamas, hats, jars and elastic bandages. All of this can be purchased on BrownDages.com and sold by Amazon. At present, their products are sold in more than 40 places, mainly in the United States, but there is indeed a place in Amsterdam and Ontario.
The average score of the 69 comments on its website is 4.7 stars. The real products of Browndages have produced positive publicity on social media. Lupita Nyong'o and other celebrities have promoted the business on Twitter, which now has more than 79,000 followers on Instagram.
Although the company has not shared any recent sales data, the brown value is estimated to be $ 500,000. If Cuba allows NBA Dallas Mavericks to wear and distribute bandages, it will promote a large number of sales. These three sharks should bring different things to the table to help brown growth.
Categories: Shark Tank
Source: svlsf.edu.vn