Samson Martin Shark Tank Update

The founder of Samson Martin, Kim Preis, sells T-shirts with a saying that lets women know their birth month. Kim Price runs the t-shirt business in her parent’s basement. She sells more than a million dollars worth of shirts.

Kim Price sold over a million items in the past, but sales dropped with the economic downturn, so she has been refocusing on becoming more affordable. Samson Martin was very popular a few years ago, but sales have dropped.

Kim Price is looking for people to help her market her business. Kim Price sells T-shirts with the phrase “Do in April” on their front side. She sold the shirts to pregnant women in her basement, but sales have decreased dramatically.

How does she get back into the marketplace? Kim Price is seeking investment from the Sharks, who can assist with developing new contacts and a new product line.

What Is Samson Martin?

Samson Martin is a firm that creates humorous maternity clothing, such as T-shirts and hoodies, that feature the expectant mother’s due date across the chest.  Pregnant mothers are regularly asked vexing questions about their garments. The garments provide solutions to these questions.

The individual receives a response before asking. Pregnant women can choose to have their due date or the season they intend to give birth engraved on the front of the garment, such as spring or winter. 

Who Is The Founder Of Samson Martin?

Kimberly Preis, a Trunk Club Senior Stylist and Custom Sales Manager, founded Samson Martin. Preis studied advertising at Michigan State University and earned a Bachelor of Arts degree.

Later, she became PartySlate’s Senior Sales Accounts Executive. Currently, she works at Behold as a Fashion Stylist. Kim Preis firmly believes that pregnant women should have the means to express themselves through clothing.

There has never been a sufficient variety of options for expectant mothers looking for clothes that flatter their figure and make them feel beautiful. So, she created a novelty brand of maternity clothes to provide pregnant women with more options.

In addition, Kim realizes the inconvenience of constantly being asked, “When are you due?” so she chooses to attach clothing items with the baby’s due date emblazoned on them. In this manner, passersby will already know the answer before asking it.

When Kim launched Samson Martin on the garment market for the first time, it did quite well. She sold maternity clothing to local premium retailers with great success.

Samson Martin has never had trouble making sales, but with the new recession now hitting the market, making ends meet is becoming more challenging.

Her current goal for the Samson Martin brand is to mass-produce the garments to reduce their sales price significantly and make them easier for her to market on a retail scale. However, Kim knows this is not a task she can easily perform independently.

Therefore, she is ideal to be on the Shark Tank since she needs business knowledge and contacts. Hopefully, she can persuade one of the Sharks to invest in her clothesline.

How Was The Shark Tank Pitch Of Samson Martin?

Kim Preis appeared on Shark Tank requesting an investment of $50,000 in exchange for a 15% ownership in Samson Martin. 

Kim Preis was unable to impress any Sharks with its product. Preis exits Shark Tank without securing a contract.

Final Deal: No deal between Sharks and Samson Martin.

What Happened To Samson Martin After Shark Tank?

Preis expressed disappointment after this tense episode of Shark Tank aired that she could not end up having a deal with the Sharks. She also addressed O’Leary’s tirade on Samson Martin, calling it “a touch nasty and a little needless.”

Mr. Wonderful’s criticism of the company is perfectly reasonable and polite. However, O’Leary is probably the most infamous Shark in the tank. He is perpetually preoccupied with money and has no qualms about speaking his ideas honestly.

Despite his sometimes nasty nature, he is uncanny at identifying which enterprises are worth investing in and which are not. Kim did attempt to continue selling her clothes company after the show aired. Samson Martin regularly updated his social media accounts up to 2013.

She could not keep the firm solvent during the recession, which was too stressful and financially draining. Samson Martin’s official website was also taken down, suggesting the company failed to achieve the breakthrough Kim hoped for.

Samson Martin Shark Tank Update

Kim did not get a deal from any Sharks because of the failure of her business, Samson Martin. After appearing on Shark Tank, Kim tried to revive her Samson Martin business, but Samson Martin eventually folded. Samson Martin went bankrupt.

She continued to market her brand, but ultimately, the recession proved too big an obstacle to overcome. Samson Martin’s social media accounts and website have been inactive since 2013.

Samson Martin went out of business, and its website and social media accounts have been outdated since 2013.  As far as we know, Samson Martin appears to have ceased operations.

The company’s website and social media platforms lack reviews, so they are useless. The lack of investment might be to blame for this. When it proved impossible to reclaim its wealth, the domain went on the market.

Samson Marting generated revenue before succumbing to a slump from which they may never fully recover. Moreover, some investors might have avoided the firm since they deemed it unruly and impolite.

The valuation of Samson Marting was $333,333 when it appeared on Shark Tank. The current net worth of Samson Martin is effectively $0 as the company is out of business.