SnapClips Net Worth 2021
Invented by Martin Dimitrov, the SnapClips weight collar, is a snap on weight plate that securely attaches to the barbell and holds up to 800 pounds. SnapClips consists of multiple layers of heat treated steel and military grade kevlar. Originally devised as a high school project, it has since evolved into a commercially viable enterprise.
The product is not cheap, and you can expect to pay at least a few hundred dollars for a top of the line version. On the other hand, SnapClips’ Kickstarter campaign raised over $25,000, and the company is now expected to hit the shelves early next year. Aside from raising funds, SnapClips had to make a few business decisions along the way. After all, they had to decide on what product to make, how to make it, and when to make it.
The weight collar is a fairly standardized exercise accessory, but it’s been adapted for the modern age with the addition of snaps to the traditional barbells and dumbbells. The product’s main function is to hold weight plates securely on barbells, but it can also be used to support weight training devices such as dumbbells and exercise bikes. It’s also got a pretty good price point. As of January 2019, SnapClips had sold about $6,500 in products and had an enviable track record for a nascent company.
It’s not surprising that the SnapClips’ name has been bandied about as the heir to the throne of the weight collar. Although it took a bit of finesse to come up with the right design, the product has been well received. The company has a solid customer base in the United States, but they are already eyeing the international sphere. Currently, they have four different models of the product, each with its own unique attributes.
The company has been recognized for its innovations, but it is a product that embodies the best of both worlds: it’s fun, and it makes exercise easier for everyone. One thing’s for sure, the company will continue to innovate, so SnapClips may be the next big thing in the world of weight lifting.
The SnapClips is a great product and the company is well on its way to becoming a household name. Currently, they are in the midst of developing a wrist band variant, and are still scouting the best way to sell their product. The company’s main objective is to help exercise enthusiasts make the most of their workouts. After all, exercise is a great stress reliever, and a little bit of help can go a long way. In short, SnapClips is the new halo of the fitness industry. Their motto is to make exercise fun again. Whether you’re a beginner or an ace pro, SnapClips will be the next best thing in your fitness arsenal. And, of course, if you’re a fitness buff, you’ll be happy to know that they have an impressive line-up of partners, including fitness gurus like trainers like Steve Austin, celebrity trainers like Mike Tyson, and fitness buffs like MMA fighter Nicki Minaj.