Queenie Davis and Andrew Goodrum enter the tank with their product Boot Illusion which is a slip cover for your shoes that gives them the illusion of boots.
They asked for $100,000 dollars for 30% of their company and ended up accepting an offer from Barbara Corcoran for $100,000 dollars in exchange for 55% of their company.
Queenie says that Boot Illusion is the next step in women’s footwear fashion. She created this product which saves more space, is more stylish, and also saves you a lot of money.
Boot Illusion is currently out of business. The company couldn’t get off the ground because of the constant issues from the manufacturers and other internal battles that the business couldn’t survive.
Even the deal with Barbara did not go through because wasn’t as far as Barbara had expected.
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What is Boot Illusion?
Even though boots are a vital component of any outfit, many people tend to ignore them in favor of shoes that are more in style.
However, boots are a terrific way to add a bit of style to any ensemble, and they can be both fashionable and functional depending on how they are worn.
The following are a few reasons why you ought to give some thought to including a pair of fashionable boots in your wardrobe:
1. Boots can be worn at any time of the year.
There are several occasions when boots are appropriate footwear. Because of their adaptability, they are suitable for use throughout the entire year.
They will quickly take your style to the next level, whether you wear them in the summer with shorts or in the spring with a sundress.
2. There is a wide array of design options available for boots.
There are literally hundreds of various designs of boots that can be purchased nowadays, so you will definitely be able to find a pair that is a good match for your unique sense of style.
There is a style of boots available for you, no matter what your preference may be: ankle boots, knee-high boots, or even over-the-knee boots.
3. Boots can be worn in a casual or formal setting.
Boots are versatile footwear that may be dressed up or down to suit the occasion. Pair a pair of leather boots with jeans for a more laid-back appearance, or wear them with a dress for a night out on the town.
4. Boots provide a comfy experience.
Boots, in contrast to many other kinds of footwear, are known for their high level of wearability and comfort.
They provide support and stability, and they are frequently crafted from materials that are pliable and breathable.
5. Boots are fashionable shoes.
There is no contesting the fact that boots are fashionable. They have the ability to lend an air of refined elegance to any ensemble, and they can help you look and feel your absolute best.
If you are in the market for new boots, whether they are for regular use or a dressier option for an upcoming event, Boot Illusion is a fantastic option to consider.
Because there is such a wide variety of styles available, you can rest assured that you will be able to choose a pair of boot covers that is just right for you.
There’s no getting around the fact that traditional boots may put a dent in your wallet.
It is possible to spend more than $200 on a pair of leather boots that are of average quality, but if you want something of exceptional quality, you should plan on spending at least $300 on a pair of boots.
Spending that much money on a single pair of shoes is a waste of money, especially considering the fact that you may find cheaper options for other types of shoes. The question is, then, why are boots so pricey?
There are several explanations for this. To begin, boots, in comparison to other types of shoes, are often crafted from materials of a higher quality.
For instance, leather is more expensive than cloth, and boots typically have more sophisticated designs than other types of shoes, both of which can contribute to an increase in price.
Second, boots are typically constructed to be more durable than other types of shoes. Because they are built to be long-lasting and resistant to excessive wear, you can expect them to serve you for a number of years rather than a few months.
Last but not least, boots are currently very fashionable. They have been well-liked for a number of years, and there is no indication that their time in the spotlight will end very soon.
This indicates that there is a great demand for them, which in turn causes the price to rise.
The price is not the only issue with traditional boots. We have all had the experience of desperately wanting to put on our favorite pair of shoes but being unable to do so because they are stashed away in the farthest corner of the closet.
It’s not always easy, but it’s more aggravating when we’re in a rush and can’t think of anything else to put on. However, it seems that our shoes usually take up a significant amount of space in the closet.
It’s not just our imaginations—boots truly do take up a significant amount of room in our homes. Because a typical shoe box measures roughly 30 centimeters by 20 centimeters by 10 centimeters, one pair of shoes can easily take up one cubic foot of room in the closet.
And if you’re anything like the other 99.99 percent of the population, you own more than one pair of shoes!
Boots are typically the heaviest clothes in our closet, which means they have a tendency to sink to the bottom of the pile.
Second, it’s common practice to keep shoes inside their original packaging, which takes up considerably more room than that.
So, what are some ways we may reduce the amount of room we take up in the closet? The answer to all your boot problems is – Boot Illusion.
Boot Illusion Transform your heels into a stunning pair of boots in an instant with some simple steps.
The heel of the shoe slides through a hole on the back of the boot cover, thereby giving you two pairs of shoes for the price of one.
The combination enables you to widen your style by providing a variety of heel and upper combinations from which you can choose to achieve the look you want.
Think of the space you will save, with the styles that you have to choose from, from existing shoes in your closet.
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Boot Illusion Shark Tank Pitch (What Happened at the Show)
Queenie Davis and Andrew Goodrum enter the tank with their innovative stellar idea of a boot that can also double as a high heel, and it saves a significant amount of closet space.
It fits a need in the market and is quite inexpensive when compared to some of the other boots available.
Queenie Davis and Andrew Goodrum, co-founders of Boot Illusions and business partners, designed the leather and fabric “uppers” that slip over traditional high heels to transform them into fabulous boots. These “uppers” are available in a variety of styles.
Additionally, the transition from shoes to boots and vice versa can be completed in a matter of minutes. Putting on and taking off the Illusions is as easy as zipping them on and off.
Even though Queenie and Andrew had barely reached the prototype stage of development, they already had a factory lined up in Turkey. They wanted assistance with the retail distribution of their products.
Queenie and Andrew each possess an equal share of the business, and they each put $40,000 of their own money into it. The cost is approximately $25, and the retail price will range from $129 to 179.
Barbara made an offer of $100,000 in exchange for a 55% stake. Andrew was upset about it, but Queenie managed to convince him to go through with it.
It ended up being irrelevant to any discussion at all because, after the show, Barbara found out that the company wasn’t as far advanced as she had initially believed it to be, and as a result, she decided against investing and the deal fell through.
Here’s what the other sharks had to say-
Mark Cuban is not interested in fashion, thus he opts out because he is unfamiliar with the market. Daymond John makes a $100,000 bid for 75% ownership of the boot technology with the intention of licensing Boot Illusions.
Kevin O’Leary believes the business has been overvalued so he’s out too. Robert Herjavec thinks it’s a fantastic idea, but he’s not a shoe guy. He’s out.
Boot Illusion Shark Tank Update (What Happened AFTER the Show)
Queenie and Andrew had the worst luck. Their Turkish manufacturer went out of business. They discovered a different manufacturer in Brazil who assured them they would receive the Illusions prior to the holiday season.
However, the fabric that Queenie had sent to Brazil was stuck in customs and didn’t arrive until far later than the manufacturer needed it to in order to even come close to meeting that deadline.
|Company Name||Boot Illusion|
|Founder||Queenie Davis and Andrew Goodrum|
|Product||Attachment for shoes that transforms any pair into boots|
|Asked For||$100,000 Dollars for 30%|
|Final Deal||$100,000 Dollars for 55%|
|Episode||Season 3 Episode 13|
|Air Date||4 May 2012|
|Business Status||Out of Business|
Individual clients’ and distributors’ down payments in full had to be repaid. Additionally, the previous website was not linked to the new one, which would have already interfered with business.
Every so often, Barbara would check in to see how they were doing. If they had managed to get the business back on track, Queenie thought she might have jumped back in, but that wasn’t the case because she couldn’t get the business on track.
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Boot Illusion Pros and Cons
1. You don’t have to worry about the extra weight of your boots: There are many problems that can be caused by the extra weight of the boots. One of the main problems is that it can cause back problems. The extra weight can also cause problems with your feet, ankles, and legs.
2. These boots will keep your feet warm and dry: There are few things as uncomfortable as cold, wet feet. And when your feet are cold and wet, it makes it that much harder to get around and do your daily activities. But if you take care of your feet and keep them warm and dry, you’ll find it much easier to get through your day.
3. You can find them in many different styles and colors: Boot Illusions are one of the most versatile and practical pieces of footwear you can own. They are available in a wide variety of styles, each of which has specific advantages over the others.
1. Boot covers can be a little bit tricky to put on, especially if you’re in a hurry: If you’re in a hurry, the last thing you want to do is spend time trying to put on your boots.
2. They can be a bit of a pain to take off if you’re not used to them: There’s nothing quite like coming home after a long day and taking your boots off. But with boot illusions, it can be a bit of a hassle.
What People are Saying About Boot Illusion?
Since there is no online presence of the product in other e-commerce stores, there were no reviews found.
Boot illusion has been out of business for quite a while now so there isn’t a lot of chatter on the internet about the product itself.
But people were still talking about it when the show aired. On internet forums youtube comments etc.
Most people had positive things to say about the entrepreneurs and the idea. Some people said they can’t wait to buy this product and asked where can they buy this.
Others, who are not even the target market for the product like males said they would love to buy this for their aunts and wives. Girls wanted to buy this for themselves and their mothers because they find the product cool.
One user said “Those are cute!!! Idk what they were saying about people not wanting to buy them. I know PLENTY that would.”
So it’s safe to say that if Boot illusion had survived the internal battles that the business was fighting people would have loved to buy their product and we could have seen some reviews about the product itself and not just the idea.
How Does Boot Illusion Work?
Boot illusion is a shoe Slipcover that you slip over your shoe. It slides up your ankle easily and with the comfort of a Shoe, you have the illusion of a boot.
Boot Illusion’s USP
Boot illusion comes in a variety of styles and colors and you can fill your wardrobe with amazing boots without filling up the space for them. It is also cheaper to buy boot illusion than to buy actual boots.
Boot Illusion Competitors
There are no competitors for this company. We even can not consider boots or heels as this one’s competitor since the product is not exactly (independently) Boots or heels.