Wednesday, May 29, 2024

Lifter Hamper 2024 Update – What Happened After Shark Tank

Lifter Hamper Before Shark Tank

In his audition video, Marvin Phillip introduced himself while sitting on a football field. He told the audience that he had been drafted by the Pittsburgh Steelers in 2006. A few years afterward, Marvin, unfortunately, injured his back and ended his career as a player. He did not quit football entirely, opting instead to become a couch. Back pain still plagued him, so he was unable to do basic things that involved bending over, such as laundry. He said that he was looking for a product that would help him adapt, and was unable to find anything on the market. Instead, Marvin opted to create his design. The video showed him on his computer, taking orders. Marvin said that he was new to being an entrepreneur, but he was looking for a mentor in the Sharks. He stated that his product improved his life, and lifted his spirits.

Lifter Hamper on Shark Tank

lifter hamper shark tank Marvin walked out onto the stage and introduced himself to the Sharks. He repeated his origin story and said that his laundry skills suffered along with his football skills on account of his injury. He bent over to get the laundry from the basket on the stage. He said that bending over to get that laundry basket and lifting the heavy loads was a pain in his back. Marvin stated that that was when he got the idea for his product, the Lifter Hamper. He explained the concept, saying that it was a spring loaded liner in a laundry hamper. It drops when clothes are added, and rises back up as clothes are taken out. This keeps it at a constant height for the user, allowing them to pick items off of the top of the hamper.

Marvin continued, stating that his idea was not just for injured NFL athletes, but for anyone who has difficulty bending over. He said that it’s also for the elderly, like Kevin, pregnant women, or anyone with back issues. Kevin smiled, as the other Sharks laughed. Marvin told the Sharks to take a load off, and let the Lifter Hamper do the work for them.

Lori asked if she could try it, and Marvin invited her up to the stage. Daymond asked if you were able to put an infinite amount of peanuts in the hamper for bar use. Marvin laughed. Lori began to remove clothing from the basket and asked if it was just going to keep coming up to the top. Marvin said that it would. Robert asked if it was working, and Lori confirmed that it was. Daymond asked what it was made of, and Lori said that she didn’t know, but it feels pretty cool. Robert asked Marvin if he gets the whole thing, and Marvin said that it did come with the frame and cover as well as the liner.

Mark examined the box as Robert asked Lori if she would buy it for her house. 4Lori said it was interesting, but wondered how he was going to get the hamper from the bedroom or closet to the laundry room. Kevin let her know that it had wheels as Marvin moved it around to demonstrate. Lori told him that the wheels did not appear to be working on the carpet, and asked him to move it to the wood floor, where it did move easier. She said that if you had to bring it from upstairs to downstairs, it would not be an easy transition. She stated that the design needs some perfecting.

Marvin said that that kind of advice is what he was looking for. He wanted someone to advise him on what the next step should be.Daymond asked him how long he’d been doing it, and Marvin told him six months. Daymond seemed impressed and said that he learned a pretty significant amount of the business in 6 months. Marvin stated that he was trying. Kevin let him know that the firm was not worth $700,000. He accused him of getting hit over the head a few too many times, or he had to have a lot in sales. Marvin said that they had not hit the market yet, and the Sharks laughed.

Marvin told them to wait before they judge, saying that he’d signed two contracts with rep firms. Marvin affirmed that and stated that he also had contracts with overstock.com and Amazon. He also had a deal with Costco but had to scale back since he could not meet production. Lori said that it was an agreement with the rep company that stated that they could maybe get him into those places. She stated that nothing is stating that it occurred already. Daymond asked if the rep companies were charging him upfront, but Marvin said that they charge a fee after he sells something.

Mark asked for the economics of the product, wanting to know what it cost to make them, and how much he’s selling it for, both on a wholesale and a retail basis. Marvin said that it costs $10 to make, and it retails for $99.99. Kevin asked if he had a patent on it, and Marvin told him that he just applied for his utility patent. Mark wondered how much he had invested, and Marvin told him $75,000. Robert asked him what the money went to, and Marvin said that it went towards the patent and design. Robert asked if it was a lot of money for him, and Marvin stated that yes, saying that not every player in the NFL is a millionaire, Robert told him that he did not mean any disrespect, he just wanted to understand his commitment level. Marvin said that it was his full-time job. He stated that Lifter Hamper meant a lot to him since he also suffered a back injury. He knew what the pain was like, and he benefited from his product.

Marvin continued, saying that he wanted to help people out Mark stated that he liked the concept, having hurt his own back while playing sports. Mark said that he does his laundry, and know what it’s like. He did not have the connections that Marvin needed to get the business off the ground. He went out. Robert said that it was an ingenious product, abut he has a long way to go with it. He told him to get out and sell the product himself. He went out. Marvin thanked him. Lori said that her heart was in the product, but her gut was telling her that he was only hald]fway there with the product. She stated that she was out right now with her money, but he could give her a call when he was there. Kevin declared that he was waiting to hear what Mrs. QVC would say since the product would fit with that selling platform. He indicated that he was surprised that Lori was not in. He did not think the product was worth investing in, and he wanted to be frugal with his investments. He went out.

Daymond said that he was rooting for him, but he called Marvin a Shark for offering 12 % of a company with not sales. He went out, stating that nice guys finish last. Marvin thanked them and walked out. Lori wished him luck, and Robert said that Daymond’s statement wasn’t true. He let him know that nice guys finish first all the time. Marvin said that not getting a deal in the tank made him feel like working harder to get his product out there on the market. He was willing to take the steps needed to make it a household name.

Lifter Hamper Now In 2024 – The After Shark Tank Update

Marvin might not have received a deal but being on the show wasn’t all for naught. For one thing, it gave his business a huge amount of exposure—enough that he sold out of the product the same night the episode aired.

However, he still needed funds. This led him to start a crowdfunding campaign on Indiegogo and with the help of 222 backers, he was able to raise $10,000. However, that was still less than their goal of $25,000. Nevertheless, they began shipping the product to those that ordered. While they experienced some manufacturing delays, they were ultimately able to get them out by the spring of 2013.

lifter hamper
They successfully raised $10,415 with their first Indiegogo Campaign, which was launched in January 2013

Around that same time, they launched a second Indiegogo campaign for the Lifter Hamper as many had emailed them about having missed out on the opportunity. In the end, the second campaign raised a total of $4,990, which was nearly 200 percent of their original goal ($2,500). With that, they were able to ramp up the production and delivery process.

They also gave their website a makeover and listed the product on Amazon. While the former is no longer online as of 2024, it can still be purchased on Amazon, where it has a 3.5-star rating. As of writing this post, it’s available for $61.77, which is a bit higher than its original retail price.

lifter hemper 2
The Lifter Hamper is still available on Amazon, however, its price has been marked up

Looking at the reviews, most people seem to agree that the concept is great. Many have also praised it for being lightweight and easy to use as it comes with wheels. However,  there are problems with how it’s executed. Not only that but there also seem to be quality issues.

lifter hamper review
Several users on Amazon have wrote that the product has quality issues

For one thing, the velcro at the bottom of the basket has a tendency of coming apart due to its weight. Not only that but the wheels themselves are not the best of quality, which makes them difficult to use, especially on carpet.  Some people have also commented that the material itself seems cheap. Having said that, some people are satisfied with how it works.

lifter hamper marvin
Marvin showcasing the Lifter Hamper at the Inspired Home Show in Chicago, Illinois, in March 2022

Fast forward to 2015 and Marvin had licensed the product to Household Essentials, an online seller of household goods. As far as we can tell, however, he’s still involved with the business. Just last fall, he participated in The Inspired Home Show, where he showcased the hamper.

For those who are interested in trying out the hamper, it’s also available from Walmart and Home Depot. If anything, it’s cheaper there than on Amazon. At one point, it was also available on QVC, however, it seems to be taken down from their site.

Ariel Leather
Ariel Leather
Ariel is a freelance writer, Etsy seller, and Internet money-making quasi-expert living in New Jersey. She is pursuing her A.A. In Marketing at Brookdale Community College. Ariel enjoys traveling, hiking, unnecessary impulse purchases, and making things with her hands.
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