For many people, holiday decorating is a cherished tradition that brings joy and creates a festive atmosphere in their homes. However, the process of shopping for decorations, storing them, and setting them up can be time-consuming and stressful.
This was the challenge that Kristina Barnes and Elizabeth Voelker, two busy moms, faced every year. Determined to find a solution, they founded ReadyFestive, a subscription box service that delivers curated holiday and seasonal decorations right to customers’ doorsteps.
The Ready Festive Pitch And Deal On Shark Tank
Kristina and Elizabeth appeared on the popular TV show Shark Tank, seeking an investment of $250,000 for a 10% stake in ReadyFestive. They pitched their unique concept to the Sharks, highlighting the convenience and customization offered by their subscription boxes.
The Sharks were intrigued by the idea and impressed by the founders’ passion and dedication to their business. After some negotiation, Kristina and Elizabeth struck a deal with one of the Sharks, securing the funding they needed to take ReadyFestive to the next level.
Ready Festive Is Still In Business
Since their appearance on Shark Tank, ReadyFestive has continued to thrive and grow. The increased exposure from the show helped to boost their customer base, and the investment from the Shark allowed them to expand their inventory and improve their operations. Despite the challenges posed by the COVID-19 pandemic, ReadyFestive experienced a surge in demand in 2020 as more people stayed home and sought to create a cozy and festive atmosphere in their living spaces.
Kristina and Elizabeth have proven their resilience and adaptability as entrepreneurs, navigating the changing landscape of the retail industry and continuing to deliver high-quality, curated decorations to their customers.ReadyFestive offers a wide range of themed boxes for various holidays and seasons, including Valentine’s Day, St. Patrick’s Day, Easter, Memorial Day, July 4th, Halloween, Thanksgiving, Hanukkah, Christmas, New Year’s Eve, and seasonal boxes for winter, spring, summer, and fall.
Customers can choose between three box sizes – mini ($69), standard ($99), and deluxe ($159) – and are required to select at least three boxes per year. To ensure that each box is tailored to the customer’s preferences and style, ReadyFestive asks customers to complete a questionnaire about their decorating needs and tastes. This level of customization sets ReadyFestive apart from other subscription box services and has contributed to their loyal customer base.
Ready Festive Net Worth
While the exact net worth of ReadyFestive is not publicly known, it is clear that the company has experienced significant growth since its founding in 2019. The investment from the Shark Tank deal, combined with the increased demand for their products, has likely contributed to a substantial increase in the company’s valuation. As ReadyFestive continues to expand its customer base and product offerings, it is poised for even greater success in the future.
Overview Of Ready Festive
ReadyFestive is a subscription box service that takes the hassle out of holiday and seasonal decorating. Customers simply visit the ReadyFestive website, choose their favorite holidays and seasons, select a box size, and customize their decor preferences. The company then curates a box filled with high-quality, stylish decorations and ships it directly to the customer’s doorstep.
This convenient and personalized approach to decorating has resonated with busy families and individuals who want to create a festive atmosphere in their homes without the stress and time commitment of traditional shopping and decorating.One of the key factors in ReadyFestive’s success is their ability to manage inventory effectively.
By relying on pre-orders and customer data, the company is able to anticipate demand and ensure that they have sufficient stock on hand to meet their customers’ needs. This efficient inventory management system has allowed ReadyFestive to grow and scale their business without the risk of overstock or stockouts.
Conclusion
ReadyFestive has revolutionized the way people approach holiday and seasonal decorating. By offering a convenient, customizable, and high-quality subscription box service, Kristina Barnes and Elizabeth Voelker have created a business that resonates with busy families and individuals who value both style and simplicity.
Their successful pitch on Shark Tank and subsequent growth demonstrate the strength of their concept and the demand for their products. As ReadyFestive continues to expand and innovate, it is clear that this company is poised for long-term success in the world of home decor and subscription services.
