Guzzle Buddy Makes $1.4M in 10 Months, Secures Shark Tank Deal
Guzzle Buddy, a versatile wine glass and decanter, has gained significant traction. Invented by Jo Sullivan and Randy Rothfus, it has made almost $1.4 million in 10 months, with $320,000 from digital marketing alone. The duo appeared on Shark Tank seeking marketing assistance and secured a deal with Daymond John.
Guzzle Buddy is a multipurpose product that serves as a glass, cup, decanter, and stopper. It fits most wine bottles and prevents spillage. The inventors came up with the idea while watching Cougar Town and sought an investment of $400,000 for a 10% stake in their company. On Shark Tank, they accepted Daymond John's offer of $400,000 for a 25% stake with a line of credit. Guzzle Buddy is BPA and Odor Free and made of durable plastic. It offers a line of premium and customized products and is available on Amazon for $24.99.
Guzzle Buddy's success story is impressive, with nearly $1.4 million in sales in just 10 months. The product's versatility and durability, coupled with effective digital marketing strategies, have contributed to its popularity. The Shark Tank deal with Daymond John is expected to further boost the company's growth.
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