What Happened to Zipit Bedding After Shark Tank?
What is Zipit Bedding?
Zipit Bedding is a two-piece set consisting of a sheet and a comforter. The sheet and comforter zip together to make a single, seamless bed cover, comparable to a sleeping bag. It adds the extra layer and cleanliness of a sheet while removing the hassle of dealing with a bunched up top sheet every time you make your bed.
This one-of-a-kind item is available in a variety of lovely colors and styles. Each sleep set is reversible, and some even glow in the dark! When it’s time to wash, just remove the all-in-one bedding with a quick flip of the wrist and place it in the washing.
Jennifer MacDonald is the Co-Founder of Zipit Bedding. Zipit Bedding is available in twin, queen, and king sizes and is excellent for all sorts of sleeping arrangements, from bunk beds to Murphy and trundle beds.
Every order comes with a matching pillowcase that also zips, so no more squeezing floppy pillows into small cases. Zipit Bedding is stylish and classy, as well as comfortable and convenient, and it makes everyone’s life easier.
Zipit Bedding was founded by whom?
Zipit Bedding Company was founded by Jennifer MacDonald. As a partner in the firm, she had been working with her sister Hayley Carr.
Children dislike making their beds, as the two moms are well aware. They were looking for a way to make the top sheet and comforter a one unit because the sheets were continuously balled up in a lump. They got along well, and Smart Bedding was born.
Zipit Bedding is a two-piece set consisting of a sheet and a comforter. The sheet and comforter zip together to make a single, seamless bed cover, comparable to a sleeping bag.
It adds the extra layer and cleanliness of a sheet while removing the hassle of dealing with a bunched up top sheet every time you make your bed. A standard bed takes around a minute and a half to build; with Zipit Bedding, it takes only two or three seconds.
Zipit now comes in twin and full sizes. Queen, king, and California king sizes are planned in the future. A comforter, pillow case, and fitted sheet are included in each three-piece set. The twin set is $55, and the full size set is $65.
What Happened to Zipit Bedding’s Shark Tank Pitch?
In episode 18 of Season 5 of Zipit Bedding on Shark Tank, Hayley and Jennifer showcase their product to Shark Tank investors in order to assist them with massive box distribution.
When Hayley and Jennifer appeared on Shark Tank, they were looking for a $75,000 investment in return for a 20% ownership in their company, which worth $375,000.
They demonstrate how to zip the comforter into place over the fitted sheet. The pair has designed many modifications to fit bunk beds and other requirements.
The patent application is still pending. So far, they’ve sold 1,000 units, earning $7,500 from a three-minute television commercial but losing money owing to expenses. A major bedding manufacturer has indicated an interest in licensing the item.
The arrangement would have a 50,000 minimum purchase, with a 4% margin on US sales and a 6% margin on international sales.
The sisters met with the company, but the contract would not have allowed the beds to be sold until the summer, and the sisters wanted the items in stores by Christmas.
They turned down the contract. The Sharks reconsider their choice to turn down the contract. Kevin O’Leary was known as the “King of Licensing.” He went out since the women refused a license deal.
Robert Herjavec feels the ladies have a clear marketing vision, but he isn’t sure he agrees with it. He doesn’t believe he’s the right match for Zipit, therefore he’s out.
Barbara Corcoran says the ladies are passionate about their product but lack a solid business plan. She also went out.
Mark Cuban believes they are not “open-minded.” He doesn’t believe they’ll be able to collaborate, therefore he’s out.
Lori Greiner was the Sharks’ single survivor. She believes they have focused on the wrong point of view. She believes that DRTV and a commercial campaign are not the ideal options.
The ladies want to “do both,” using television and advertisements to “raise brand recognition.” Lori went out too because she believes they would have been better off taking the licensing deal and expanding into larger stores. The sisters exit the pitch without striking a deal with a Shark.
What Happened to Zipit Bedding After it appeared on Shark Tank?
Despite the Sharks’ skepticism about the marketing, the ladies proceeded with their plan. The website is still active in 2015, and sales appear to be strong, although reviews on at least one website indicate that some customers never received their orders.
They were successful in obtaining distribution for the product at Target, Bed Bath & Beyond, and Walmart. As of November 2021, they are still exclusively available at Walmart and Amazon. The yearly revenue of the corporation is $3 million.
Zipit Bedding’s Net Worth
During and after the pitch, the firm was valued at $375,000 since it has been performing well in sales, with annual revenue of $3 million in 2021. This indicates that the company’s net worth might have been more than that of pitch.
Zipit Bedding FAQs
What is Zipit Bedding?
Zipit Bedding is a sleep set for your bed. It’s like a comforter that zips over a sheet.
Can you put the top sheet and comforter in the dryer?
No, it must go straight from the washing machine to the dryer. It needs to be air dried.
Is Zipit Bedding hypoallergenic?
Yes, it is. It’s made of polyester and polyester fleece with a polyester lining.
Do you wash Zipit Bedding by them?
No. The sheet and comforter zip together to make a single piece so it can’t be washed in the clothes washer like a pair of pants would be.
Can you put Zipit Bedding in the dryer?
No, it must be dried on the line. It can’t go in a dryer.
How long does it take to make a bed with Zipit Bedding?
It takes approximately two seconds to make a bed with Zipit Bedding.
What size is the Zipit comforter?
It comes in twin, full, and queen size sheets. It has three different pillows that offer you different sleeping positions. It comes with a comforter, pillowcase, and fitted sheet. The twin is $55, and the full size is $65.
How do you wash Zipit Bedding?
People must hand wash it. Zipiture recommends that they take the comforter out of the sheet first, then zip out any of the other pillows before washing them separately in cold water with Woolite. It also states that it shouldn’t be put to dry in either a dryer or on a line.
What do you recommend?
Zipit Bedding recommends that they clean the comforter by wetting it with mild soap, then thoroughly twisting it to remove any fuzz. Zipit recommends that you use a mild detergent for the sheets and pillowcase, and not to use bleach to clean them.
Do the sheets have gaps?
No. The pillows look kind of like zippers. The zippers go around the corners of the pillowcases and let them get into the corners of their bed without getting out of bed.
How do you charge Zipit Bedding?
People can get a battery operated pad from a bedding store or on Amazon.
How much does Zipit Bedding cost?
Twin size comforter with pillowcase and fitted sheet is $55, and full size is $65. The Queen size comes in King and Twin sizes as well. It’s made of polyester and polyester fleece with polyester lining and 100% polyurethane.
What is Zipit Bedding made of?
Zipit Bedding is made of a polyester and polyester fleece with a polyester lining.
How does Zipit Bedding work?
Zipiture zippers the top comforter and fitted sheet together to make a single piece, so it’s easier to sleep without getting out of bed. Customers can also zip one or both of the pillows away as well.
What is the return policy of Zipit Bedding?
Zipiture offers a 100% refund if customers don’t like the bedding after they’ve slept on it for at least a week, or they’ll give them their money back if they don’t deliver when they promise.