|SEASON 8 EPISODE 23|
|Pitch||wallet buckle for holding cards and cash|
|Entrepreneur||Trevor Johnston and Justin Johnston|
|Asked For||$500,000 for 10%|
What is Wallet Buckle?
Are you tired of losing your ID or your credit cards? If you often forget your wallet at home or random places, you need to grab yourself a Wallet Buckle. The Wallet Buckle is a belt buckle that doubles up as a wallet. Through it, you can store as many as five credit cards or IDs. The Wallet Buckle has the benefit of being a concealed wallet.
Who Owns Wallet Buckle?
Trevor and Justin Johnston are the creators of Wallet Bucket. Before founding Wallet Buckle, the brothers were already entrepreneurs. Trevor worked as the Vice President of Sales & Business Development, Twilight Solutions Inc. while Justin was the President. The brothers are still in charge of Wallet Buckle.
The brothers teamed up to make Wallet Buckle after Trevor kept losing his wallet. The product was a solution to people like Trevor, who kept losing their wallets. As the product was one of a kind, the Johnston brothers took out patents to protect their invention.
Wallet Buckle was also created for people who like traveling light or those who felt purses and traditional wallets were outdated. After launching the product, the brothers raised funds through a Kickstarter to expand the business. The campaign raised approximately $44,000, which was used to enhance production.
Even though the brothers had created a great product, they grappled with limited funds for marketing Wallet Buckle. As a solution, they resorted to promoting it through Instagram, where their channel progressively grew.
As a result of this product promotion, they were able to make impressive sales. They sold the products through their website. They also attended various events where they sold the products to attendees.
Wallet Buckle Shark Tank Update
Did Wallet Buckle Get a Deal on Shark Tank?
On Shark Tank Season 8 Episode 23, Trevor Johnston and Justin Johnston entered the Tank seeking $500,000 for 10% but unfortunately left without a deal.