What Happened to the Root Suit after Shark Tank?
What is the definition of Root Suit?
Root Suit refers to spandex bodysuits that was the first spandex bodysuits in market. These bodysuits are appropriate for every occasion, whether it’s a party or a sporting event.
Root Suit is a smart, wearing technology that removes and eliminates dangerous germs on the skin’s surface, preventing them from entering the bloodstream.
Root Suit was founded in 2008 by Colin Grussing. Colin earned a B.S. in Mechanical Engineering from Yale University in 2007, and a year later, he established the website begreenman.com, which sold full-body Spandex suits.
Who was the originator of Root Suit?
Colin Grussing, the company’s founder, invented the Root Suit. After graduating from Yale University in 2007 with a B.S. in Mechanical Engineering, he founded the firm in 2008. He created the website begreenman.com, where he marketed full-body Spandex outfits.
What Happened to Root Suit’s Pitch on Shark Tank?
Colin Grussing makes an appearance in episode 21 in pursuit of a $100,000 investment in exchange for a 15% stake in Root Suit WORTH $666,667.
Colin Grussing makes an appearance in episode 21 in pursuit of a $100,000 investment in exchange for a 15% stake in Root Suit WORTH $666,667.
His pitch is, to say the least, colorful. Instead of a long, drawn-out discussion and breakdown of the business, he invites a modern dance ensemble dressed entirely in Root Suits.
Sales totaled $525,000 in the prior year, with a profit of $140,000. Grussing claims to have originated the product but concedes that imitators exist.
Robert Herjavec praised the concept but warned that competition might stymie growth. As a result, he stated that he is hesitant to invest.
Grussing wanted to proceed with the deal with Daymond John, but Daymond John indicated he would spend $100,000 but would need 50% ownership.
Lori claimed that she was hesitant to make an investment. Kevin O’Leary was not pleased with the concept.
After realizing he was taking too long to make a choice, Daymond John withdrew the offer. While Mark Cuban was adamantly opposed to investing. Root Suit has been left in the dust. Root Suit was unable to get deals.
What happened to the Root Suit after it was shown on Shark Tank?
Although the deal with Shark Tank Investors did not work out, the business still made $140,000 in gross sales.
Root Suit was a huge hit, which resulted in an increase in sales. In its first two years, the company sold around 10,000 pieces and earned $525,000.
Root Suit has placed a great priority on its sizing webpage, which provides a lot of information on determining the appropriate size for their business.
The brand offers both solid and patterned suits. Designs start at $35 and are comprised of 91% high-grade spandex and 91% premium polyester.
The patterned suits start at $40, but certain styles, such as Green Camo and Zebra, are available for a $35 discount.
Competitors for Root Suit
Exhilarations, which offer comparable costumes from their catalog, is viewed as a key rival to Root Suit. L*Space, Moxzie and Body Wrappers, Vested Interests, and others are rivals.
Net Worth of Root Suit
Root Suit’s Net Worth in July 2015 Colin Grussing, who spent around $20 million on a Shark costume for his presentation, generated an estimated $3.9 million in sales, but the firm’s earnings were predicted to be $20 million in 2015.
Root Suit FAQs
1How long have Root Suit been around?
They have been around since 2008.
Where is Root Suit located?
They are located in Ludington, Michigan.
How long does a Root Suit take to make?
It takes about 9 hours to make a suit. Each pair of pants and shirt are made separately and then stitched together in one area.
What is the design company for Root Suit?
They do use their own designers, but they also hire outside designers. The company will have a rep based out of their headquarters in Ludington, but they have other employees who travel across the country.
How long does it take to receive a suit?
It takes up to 3-5 business days because they are custom-made.
What sizes do they offer?
They have different sizes, including XS-3XL, S-3XL, and M-3XL.
6. How much does a Root Suit cost?
They typically cost around $40. The most expensive piece is the Under Armour line and it costs $35.
7. What is the return policy?
They will accept returns that are unworn, unwashed, and unused within 24 hours of delivery. The customer will be responsible for shipping, but they will also receive a full refund, excluding shipping fees and an additional restocking fee of 20% or $5, whichever is greater.
8. What is the warranty?
They have a 1-year warranty on all of their products.
10. Does Root Suit offer discounts?
Yes, they do offer discounts and special promotions through their social media channels and email sign-ups.
What is Root Suit made of?
Inside the garment is a polyester and spandex material that makes up the bodysuit.
What types of materials do they use?
They use polyester, spandex, and Lycra. Polyester is a fiber made of petroleum derivatives, while the Lycra is derived from natural fibers. The combination of these two fabrics provides strength and flexibility to the suit.
How do I pay for Root Suit?
They accept online payments through PayPal, Visa, and MasterCard.
Where can you purchase Root Suit?
Customers can purchase them from their website RootSuit.com or from Amazon. If they want to buy a Root Suit, there are different choices for the sizes. They will have to measure the size of the suit so they know what size they would need to order.
The material being used for each piece will help them to determine what size they will need for each part that is being sold online by RootSuit.com.
What is the marketing strategy for Root Suit?
Their growth has been sustained through a lot of media advertising, as well as social media. They use paid advertising through search engine marketing and social media channels. For example, they have used Facebook to generate awareness of their products.
Consumers are able to find them through their website and social media pages, which include the Twitter account @Rootsuit and the Instagram page @Rootsuit.