The Rise and Fall of Chill Soda: From $3 Million to $0
Rise and Decline of a Promising Beverage Chill Soda emerged as a promising healthy soda option, attracting an investment of $50,000 on Shark Tank. However, its journey took a downward turn, leading to a net worth of zero. Factors Contributing to the Fall Lack of Sales Strategy: Chill Soda struggled to establish a stable sales revenue due to the absence of physical store presence and solid sales channels. Competitive Market: The beverage industry is a fiercely competitive field, and Chill Soda faced challenges in differentiating itself and gaining a loyal customer base....