Santa’s Enchanted Mailbox On Shark Tank Update – Shark Tank Season 13
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Santa’s Enchanted Mailbox On Shark Tank Season 13
Santa’s Enchanted Mailbox is a magical mailbox designed for sending letters to Santa. Once a letter is placed inside and the door is shut, it magically disappears, heading straight to the North Pole. Despite the whimsical concept, founders Elisa and Chris Cirri did not secure a deal for their $150,000 for 30% equity offer. Summary:
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- Company Name: Santa’s Enchanted Mailbox
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- Founders: Elisa and Chris Cirri
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- Founded: 2018
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- Product: Magical mailbox for sending letters to Santa
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- Asked For: $150,000 for 30% equity
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- Final Deal: No deal
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- Season/Episode (Shark Tank USA): Season 13, Episode 8
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- Business Status: In Business
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- Headquarters: West Hartford, Connecticut, USA
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- Lifetime Worth (Sales): Estimated $200K
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- Go To Amazon: Buy Now
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- Watch On: Amazon Prime
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Description
Santa’s Enchanted Mailbox On Shark Tank Update – Shark Tank Season 13
Santa’s Enchanted Mailbox, created by entrepreneurs Chris and Elisa Cirri, appeared on Shark Tank Season 13, Episode 8, seeking $150,000 for 30% equity.
The product is designed as a magical mailbox for children to send letters to Santa, featuring sounds and effects that enhance the experience.
Santa’s Enchanted Mailbox Shark Tank Appearance and Outcome
During their pitch, the Cirris showcased the mailbox’s enchanting features, including a mechanism that makes letters disappear when placed inside. Despite the charm of the product, they did not secure a deal, as the Sharks expressed concerns about pricing and market competition.
Santa’s Enchanted Mailbox Post-Shark Tank Update
Following their appearance on Shark Tank, Santa’s Enchanted Mailbox has seen some developments:
- Pricing and Sales: Each mailbox costs approximately $17.25 to produce and retails for $49.99. The Cirris have faced challenges in moving inventory, prompting them to consider price adjustments to boost sales, despite having placements in big-box retailers.
- Market Presence: The product remains available for purchase through their website and other retail channels, and it has garnered positive feedback from customers who appreciate its engaging features for children during the holiday season.
- Customer Reception: Reviews highlight the mailbox’s ability to create excitement among children, making it a popular choice for families looking to enhance their holiday traditions.
