Kevin Harrington is known as the "King of Infomercials" who has launched more than 500 products, generating over $4 billion in sales worldwide. He currently stars on ABC's Shark Tank and is the CEO of TVGoods Inc.
The industry generates about $150 billion of sales a year and Kevin talks more about it on Business New Network. I have linked to the clip below. Unfortunately, the video was not embeddable. The video will open in a new window and load on the right side.