Best Shark Tank Products Of All Time?
The sharks from Shark Tank are unmistakable: Lori Greiner, Mark Cuban, Barbara Corcoran, Robert Herjavec, Daymond John, and Kevin O’Leary. 7 of the best products by far that have emerged to the public eye because of this show are following:
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This brand sells Christmas-themed clothes and was invented by Evan Mendelssohn and Nick Morton, who are an attorney and dental surgeon, by profession, respectively. They got the idea by thinking that they should capitalize on ugly sweater parties. The start of this idea involved $140,000 of their savings to start the company. They made themselves unique from other ugly sweaters by using higher-quality material that is usually found in ugly sweaters. They also decided to partner with Save the Children that gives a portion of profits to an organization that offers help to children with no winter clothing in the US. Robert Herjavec partnered with them, when he got a 10% stake for $100,000. To date, Tipsy Elves has hit more than $70 million in sales selling over 2 million products. http://sharktanktales.com/tipsy-elves-shark-tank/
Cookies in a jar: genius! This one was presented by a mother and daughter called Dani Vilagie and Tracey Noonan. Kevin O’Leary partnered with them by offering $75,000 for royalties instead of equity. He got a dollar for every cupcake sold until he got his money back, and then from there the rate for what he got decreased to fifty cents. He got his money back within 74 days!) In season four when this deal struck, the company has 4.8 million dollars annually since. Vilagie and Noonan began their story with taking a cake-decorating class, started posting their photos online, and soon they were getting requests to have their goods shipped to people. Since they were in a quandary about how was a good way to ship baked goods, and there really is not if you are trying to find an economical and yet safe way for the goods to get there, they thought of the unique idea of putting a cupcake in a jar. Most of the sales are done online, but there is a physical location in Faneuil Hall in Boston and at its original location in Cohasset. In addition to cupcakes in a jar, one can now buy French macaroons and soon will be selling $8-cheesecake jars. https://www.bizjournals.com/boston/blog/startups/2014/03/a-year-after-shark-tank-appearance-wicked-good.html
This skin care product brand broke though the markets, especially now that everyone is trying to be so health-conscious. Mark Cuban struck the deal with Lani Lazzari for $100,000 with Cuban getting a 33% stake in the ownership of the company. Now it is a thirty million dollar company. The product has helped millions of customers with sensitive skin. It cleans, exfoliates, and moisturizes the skin in one step to avoid aggravating the skin and over-drying it. It all started in 2005 when Lazzari started started testing natural ingredients from her mom’s kitchen and it worked! She handed out her products to friends and family members and the products helped them too. https://www.simplesugarsskincare.com/pages/our-story
Aaron Krause is the man who got a deal with Lori Greiner, who got a twenty percent stake in his company’s ownership for $200,000. This little smiling reusable sponge has gotten $170 million dollars in sales in 40,000 US markets. The Scrub Daddy is made with patented FlexTexture that makes it firm yet completely absorbent and compactable. This sponge also is safe on over a dozen different household surfaces, because it’s soft enough to not scratch. The FlexTexture dries within an hour and was lab tested to ensure that odors so not attach for up to 8 weeks. The smile makes him able to clean utensils on both sides with one swipe! https://scrubdaddy.com/scrub-daddy-original/
This one is for those who want to learn guitar in an easy and fun way that is visual and literally hands on, without a live teacher needed. Travis Parry is the man who invented originally for his daughter. Herjavec closed the deal with Perry for $175,000 for twenty percent equity. John Rich who is a country star is the spokesperson for the comp;nay, and now, the company is racking up more than two million dollars in sales every year.
This one is a cute, portable, handy, bpa-free and phthalate-free soppy cup with a flexible straw for toddlers and an adorable birds design on the cup. It was not surprisingly invented by Mark and Hanna Lim, a happily-married couple. They partnered with Cuban and Herjavec for $100,000 and the two sharks got 40% equity. The prodoct’s sales have exceeded two million dollars.
Maria Curcio and Veronica got something to happen on the show that does not usually happen: all five sharks wanted to invest in thise on. It comes with packs to test for early detection and prevention of bedbugs. All the sharks collectively paid them $250,000 and the sharks got a twenty five percent interest on the company. Sales are at $1.2 million for this product.