GoodHangups: Shark Tank Update After the Show - Season 8 (2024 Update) (2024)

GoodHangups magnetically attaches posters, photos, and art to walls without causing any damage, offering a simple and innovative solution for those looking to decorate their spaces. After appearing on Shark Tank, where inventor Leslie Pierson presented this unique product, GoodHangups gained significant attention. The flexible magnetic system capitalizes on the desire for an easy-to-use and removable hanging option that doesn’t leave holes or residue.

Leslie Pierson’s experience on Shark Tank not only highlighted GoodHangups’ features but also brought invaluable feedback and exposure, propelling the business forward. Since its Shark Tank appearance, GoodHangups has been well-received, appealing to customers looking for manageable, no-fuss home decoration tools. This durable, reusable solution fits a variety of materials and sizes, enhancing the GoodHangups appeal across diverse markets.

Let’s get into our GoodHangups Shark Tank update now.

Key Takeaways

• GoodHangups offers a non-damaging, magnetic hanging solution for various wall art.
• Leslie Pierson successfully presented GoodHangups on Shark Tank, garnering consumer interest.
• The product has seen continued success post-Shark Tank, appealing to a broad audience.

GoodHangups Shark Tank Update

GoodHangups has carved its niche in the market with a unique approach to hanging art and posters. This enterprise transformed from a simple idea into a sought-after product through determination and inventive entrepreneurship.

Journey to Shark Tank

Leslie Pierson, the entrepreneur behind GoodHangups, turned her inventive concept into a reality and garnered attention through a successful campaign on Kickstarter. Her business leveraged the power of magnets and a patented reusable sticker system to solve the common problem of hanging decor without damaging walls. This innovation caught the eye of the investors on NBC’s hit show Shark Tank. Leslie presented her business during Season 8, aiming to secure an investment that would propel her product to a wider audience.

Product Development

Product Development involved refining the unique selling proposition of GoodHangups: a damage-free, reusable, and versatile hanging solution. These magnets and reusable stickers appealed to those looking for an easy and reliable method to display lightweight items. The product’s design ultimately obtained a patent, adding to its credibility and value proposition. With a clear understanding of her target market and the backing of Lori Greiner, Leslie’s business saw the product’s utility and appeal expand significantly post-appearance on Shark Tank.

Maximizing Market Reach

GoodHangups has leveraged strategic platforms and partnerships to expand their market reach significantly. These efforts have been pivotal for boosting their sales and establishing the brand as a versatile solution for hanging decor.

Retail and Online Presence

GoodHangups gained traction by securing a strong online and retail presence. They utilized major retail channels such as Amazon and Target, making it convenient for customers to browse and purchase their magnetic hangers. Additionally, their association with Paper Source provided a niche avenue catering to customers interested in arts and crafts. Their online strategy was bolstered through being an official Shark Tank product, which added credibility and visibility to the brand.

Collaborations and Growth

The collaboration with Shark Tank’s Lori Greiner was a game-changer for GoodHangups. It didn’t just provide them with a significant equity partner but also opened doors to QVC, a home shopping network with a vast audience. Lori Greiner’s presence in the company’s marketing efforts provided a trust factor, encouraging customers to invest in GoodHangups for their hanging needs. Her influence was instrumental in the growth of the company’s sales and establishing GoodHangups as a recognized brand in the home decor market.

GoodHangUps on Shark Tank Show

Magnetic Hanging System – Episode 802 – September 30, 2016

The GoodHangups Reusable Magnetic Hanging System is coming to the Shark Tank in Season 8 Episode 802 with a success story unlike any other contestant appearing on the Show. Before auditioning for the Shark Tank Season 8, Leslie Pierson, from Seattle, Washington, and inventor of Good HangUp’s auditioned for the Today’s Show first annual “The Next Best Thing” contest on NBC. Her simple idea of creating a reusable sticker with a built-in magnet was an overwhelming success with the judges and theGood Hangups went on to win “The Next Big Thing” contest.

After winning Today’s Show first annual entrepreneurs contest, they wasted little time getting Leslie and her Good Hangup’s invention on QVC the very next day. Taking a brand new product directly to QVC might be considered risky, but this product was just awarded the “Next Big Thing” top prize on a Major Network the day before winning.

With such a unique low-cost invention appealing to millions of people for a variety of different reasons, it didn’t take long for Good Hangup’s to completely sell out of inventory. In fact, it was only a matter of a few seconds when Pierson first appeared on QVC and the first 2000 units was already sold. The Network quickly started taking pre-orders for the next batch, and again, they sold-out within a few minutes time. I wonder if Lori Grenier, the QVC Queen, and Shark Tank Investor was on-set when the Good Hangups magnetic stickers made History on Show that day?

The Good HangUp Magnetic Stickers went from winning the Today’s Show contest, selling out on QVC at least twice, and now becoming an Official Shark Tank Product all within a years time. Leslie’s now in full production mode in this short amount of time hinting there’s already a Shark Tank Investor involved with this business. I guess we won’t know until Shark Tank Episode 802 air’s next Friday night 9/30/2016, on ABC. But it’s hard imagining the Sharks letting this product get away while they can still take a bite-sized chunk of the business at a reasonable valuation.

Watch the Good Hang-Ups on a brand new Shark Tank Episode 802 and see if the Sharks invest in the patented reusable magnetic stickers that’ll stick to just about anything imaginable.

GoodHangups Alternatives

Other Pitches from this Episode of Shark Tank

• The Lapel Project
• Ice Age Meals
• TactiBite Fish Call

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