What Happened to Chill Soda after the Shark Tank?
What is Chill Soda?
Chill Soda is said to be a healthier alternative beverage line that tastes excellent, has half the calories of traditional sodas, and is also nutritionally beneficial.
Dan Mackey founded Chill Soda in Stellenbosch, Western Cape, in 2009. As a self-described marketer and unabashed rookie entrepreneur, Dan Mackey brought Chill soda to the market. Chill Soda is an organic low-glycemic beverage that is sweetened but does not include corn syrup.
Dan Mackey founded Chill Soda after recognizing a market potential for a beverage that would benefit both children and adults. Chill Soda comes in four different flavors: Chill Kola, Chill Pome, Chill Guava, and Chill Limon.
Who is the creator of Chill Soda?
Dan Mackey created the formulae for each flavor of Chill Soda before establishing a production plant in Stellenbosch.
Dan Mackey spent two years perfecting the formulation and manufacturing technique for Chill Soda before launching it.
Dan Mackey founded Chill Soda in Stellenbosch, Western Cape, in 2009. Dan Mackey brought Chill drink to the market since he, too, was a self-described marketer and an entrepreneur in his early stages.
Dan Mackey founded Chill Soda after seeing an opportunity to create a beverage that would benefit both children and adults. Chill Kola, Chill Pome, Chill Guava, and Chill Limon are the four flavors/varieties of Chill Soda.
Dan Mackey was inspired to start Chill Soda after hearing about it from a family member who was a teacher.
Dan Mackey was notified that traditional soda had been banned in schools. These beverages were replaced with even more harmful alternatives in the classrooms.
Chill Soda was created to provide a healthier alternative without compromising taste.
Chill Soda was produced in four various varieties, illustrating the market’s need for this healthy beverage. Chill Soda sold $175,000 worth of products.
What Happened to Chill Soda during the Shark Tank Pitch?
Dan Mackey appears on Shark Tank with a proposal for $50,000 in exchange for 10% stake in his firm, worth $500,000.
He further stated that the firm was able to sell 250,000 cans in California through several distributors, generating $175,000 in sales.
Daymond John, Kevin O’Leary, Robert Herjavec, and Lori Greiner all backed out of the deal owing to entrepreneur Dan Mackey’s poor presenting abilities and lack of marketing plan.
Barbara Corcoran, the sole investor, makes a $50,000 offer for 20% ownership of the firm. Dan Mackey accepts the offer without delay, and they both finalize the deal.
What happened to Chill soda after the Shark Tank?
Following the financial success of the Chill Soda Shark Tank deal. Chill Soda was last valued at $250,000 before discontinuing operations as a result of a Barbara Corcoran investment.
Even after its appearance on the show, the company never took off, and it was a total failure for Barbara since both the company and its inventor failed to produce revenue.
However, the corporation is no longer in operation and just maintains a website where customers may make purchases.
Chill Soda’s competitors
At the moment, the company is unable to compete with other beverage manufacturers. Chill Soda’s key rivals are PepsiCo, Coca-Cola, Red Bull, Nestle, and Parle.
Chill Soda’s net worth
The company’s net worth was first evaluated at $2.5 million following Barbara’s investment, but the company’s net worth is now unknown.
Chill soda FAQs
What does Chill soda taste like?
Chill Soda is great for a quick drink and for those who are on a diet. Its formulation is designed to prevent the body from producing excessive sugar; hence it’s great for diabetics. The flavors are refreshing and the sugar content is very low, thus considered a healthy alternative drink.
How did Dan Mackey create Chill soda?
The company was created and developed by self-professed marketer and entrepreneur Dan Mackey.
What is the cost of Chill soda?
The cost of Chill Soda depends on where they purchase it. For instance, they are sold at a price of $1.99 at the company’s online website.
How much does it cost to make Chill soda?
Chill Soda is produced in the same factory where Red Bull is made. The cost includes the ingredients, production machine, and employees’ expenses.
What are the ingredients uses to make Chill soda?
The ingredients used to make Chill soda include carbonated water and organic cane sugar.
What flavors does Chill soda have?
There are currently three flavors in the market: Chill Kola, Chill Pome, and Chill Limon. They are sold in glass bottles of 330ml with 24 cans per case.
How many calories does one bottle of chill soda have?
One bottle of chill soda contains 98 calories. The low-glycemic formulation causes a slower release of sugar into the body, thus eliminating the need for excessive insulin production.
Is Chill soda safe to drink?
Chill soda is made from organic ingredients and is therefore considered safe to consume. It won’t cause a sudden spike in blood sugar levels as it contains only trace amounts of sugar.
Does chill soda have artificial colors?
Chill soda does not contain artificial colors because its ingredients are all natural. However, it may contain dyes and sweeteners used in manufacturing.
Is Chill soda having side effects?
The formulation of Chill soda is based on its healthy ingredients such as organic cane sugar and glycerin. Some people may be allergic to the natural ingredients used in manufacturing, while others may experience side effects such as dizziness, headache, and upset stomach.
How harmful is Chill soda?
Chill soda has been deemed safe to consume as it has less calories than other drinks on the market. The formulation also contains no artificial colors or dyes.
Where does Chill soda manufactured?
The manufacturing of Chill soda is done in the same factory where Red Bull is produced.
How do I make payment to Chill soda?
The Chill Soda e-commerce platform accepts three different forms of payment: MasterCard, Visa, and American Express.
How do I order Chill soda?
Customers can place their order for Chill soda via the company’s website. They will receive a response within 24 hours assuring them that the order has been placed.
What are the shipping charges for the delivery of Chill soda?
The shipping charges are calculated based on the quantity of products ordered and their location. The company delivers to customers within or around California.