As many food and beverage companies have learned, appearing on 'Shark Tank' can create buzz around a product. When Bee D'Vine, a sustainable honey wine company, entered the tank, they had no idea the impact it would have on their business. Founded by entrepreneur Ayele Solomon, Bee D'Vine had a unique product that caught the attention of the Sharks.
After a lengthy research-and-development phase, he debuted Bee D'Vine honey wine to positive reviews, even receiving a 2014 guest spot on the 'Today Show'. The company's commitment to sustainability and quality ingredients set them apart in the crowded wine market. With a focus on using locally-sourced honey and supporting bee populations, Bee D'Vine quickly gained a loyal following.
According to Shark Tank Blog, Solomon's monumental deal with the four Sharks fell through. While details are unknown, Bee D'Vine Honey Wine continued to thrive on its own, expanding distribution and gaining recognition in the industry. The exposure from the show helped boost sales and increase brand awareness, proving that sometimes the real value comes from the journey, not just the destination.
The Internet has become overrun with advertisements featuring products allegedly endorsed by 'Shark Tank' or the Sharks. However, Bee D'Vine's success was not just a result of a televised pitch. The quality of their product and the passion behind their mission resonated with consumers, leading to organic growth and a strong reputation in the wine world.
The company that makes sustainable honey wine, aka mead, went into the tank in November 2020. Here's how it's doing today. Despite not securing a deal on the show, Bee D'Vine has continued to expand its reach and innovate within the industry. With a focus on creating unique flavors and supporting environmental causes, they have carved out a niche for themselves in the competitive wine market.
Mark Cuban, Daniel Lubetzky, Lori Greiner, and Robert Herjavek all invested in Ayele Solomon's Bee D'Vine honey wines. While the deal may not have come to fruition, the recognition from these prominent investors helped raise the profile of the brand and attract new customers. Bee D'Vine's commitment to sustainability and social responsibility aligns with the values of these Sharks, making it a natural fit for investment.
BEE D'VINE launched in 2014 to national critical acclaim and a tasting on NBC's Today Show. Produced in the Sonoma Valley, it takes a unique approach to winemaking by using honey as the primary fermentable sugar. This results in a sweet, floral wine that appeals to a wide range of palates. With a focus on quality and sustainability, Bee D'Vine has become a favorite among wine enthusiasts and eco-conscious consumers alike.
On tonight's episode of Shark Tank, Sonoma, California entrepreneur Ayele Solomon makes a pitch for The Honey Wine Company, producers of Bee D'Vine. The Sharks are impressed by the company's commitment to sustainability and the unique flavors of their honey wines. While a deal may not be reached, Bee D'Vine's appearance on the show helps elevate their brand and reach a larger audience of potential customers.
