No offence to our favourite crime shows, but is there anything as entertaining as Shark Tank? Entertaining, for some reason, is watching aspiring entrepreneurs pitch their insanely brilliant ideas to the likes of Mark Cuban, Kevin O'Leary, Lori Greiner, Daymond John, Robert Herjavec, and Barbara Corizon. In addition, it may offer rather valuable lessons about investing.
Sometimes it seems like there are a lot of "I'm outs" from the cast, but the ABC program has unearthed quite a few innovative goods over the years, and the Sharks have earned a ton of money off of them! You may be surprised by how much the modest Scrub Daddy has accumulated over the years. What about Bombas? These are at the top of so many Christmas lists today!
Even some of the top Shark Tank items are reasonably priced. Many are priced around $20, making it simple to add them to your shopping basket. Take a glance at some of the most popular goods at the trade fair, and be prepared to exclaim "I should really have thought of that!" a lot.
See also: Tencent invests €5 million in Finnish Fintech Enfuce
Bala Bangles
After attracting the attention of the Sharks, Bala Bangles rapidly became one of the most prominent manufacturers of wrist and ankle weights. The Bangles come in a range of weights and colours, making them suitable for all workout levels.
THE COMFY Oversized Wearable Sherpa Blanket
The Original Comfy capitalizes on people's constant need to be as comfortable as possible. In season nine, when the entrepreneurs presented their line of blanket-sweatshirt hybrids, Barbara Corcoran deemed it her "favourite pitch" and invested immediately. Her instinct proved profitable with $150 million in sales since the product's introduction.
Scrub Daddy Sponges
In season 4, Lori Greiner invested in Scrub Daddy, which immediately became one of Shark Tank's most successful companies. Since 2012, sales of the unique sponge design have allegedly exceeded $200 million. Plus, it makes cleaning much more enjoyable!
Squatty Potty Bathroom Toilet Stool
Lori was able to see beyond the fact that not every product is glamorous when she joined the Squatty Potty. Based on the company's $164 million in revenue, this footrest addresses a restroom issue that must be very frequent.
BedJet3 Climate Comfort for Beds
The BedJet was a failure on Shark Tank and failed not to get a contract. However, the creator proved everyone incorrect by generating $3 million in sales within 18 months of the show's airing.
Ring Video Doorbell
In 2013, when Jamie Siminoff approached the Sharks with his proposal for a video doorbell, he was flatly denied. His situation demonstrates that even the most brilliant investors don't always get it right, since Amazon acquired Ring in 2018 for over $1 billion.
Bantam Bagels
Making small bagel balls loaded with cream cheese may seem simple, but it turned out to be a multimillion-dollar enterprise. Since its 2015 appearance on Shark Tank, the brand has negotiated a partnership with Starbucks and is now offered in grocery stores throughout the nation.
Sand Cloud Turkish Beach Towel
This startup intends to enhance beach napping; Robert Herjavec put $200,000 in it. Since then, Sand Cloud has continued to expand and now contributes 10% of its income to marine conservation.
Lollaland Weighted Straw Sippy Cup
This cup has transformed the process of weaning for parents. Since its appearance on Shark Tank, the Lollacup has expanded into a comprehensive range of items that are BPA-free, simple to clean, and spill-proof.
FIBERFIX Heat Wrap
The assertion that this revolutionary repair tape is 100 times stronger than duct tape attracted the attention of the Sharks during season five. According to hundreds of Amazon reviewers, this is really the case!
Sun-Staches Costume Sunglasses
These novelty sunglasses endorsed by Daymond John are available in several varieties and are suitable for both children and adults, as seen by the company's $30 million in sales since its inception.
Men's Tipsy Elves Sweater
Robert told CNBC that he "gambled on the individuals, not the product" when he invested in Tipsy Elves. Since then, the ugly Christmas sweater firm has developed significantly and become his most successful Shark Tank investment, with revenues exceeding $125 million.
PhoneSoap UV Smartphone Sanitizer & Universal Charger
People are more fascinated than ever with cleaning their smartphones. Skip the Lysol and use a UV lamp that acts as a charger to sterilize your gadget. $46 million in sales demonstrates that this product is effective.
Protective Silicone Microwave Mats
During season eight of Shark Tank, Lori signed a deal with Safe Grabs. The ingenious kitchen gadget was sold out on QVC less than fifteen hours after the show aired and has subsequently generated millions of dollars.
See also: Nigerian FinTech Firm Flutterwave Raises USD 170 Million
ReadeREST Magnetic Eyeglass Holders
Magnetic eyeglass holders are a brilliant idea you did not know you needed. Within two years of signing a contract on Shark Tank, ReadeRest achieved revenues of approximately $1.5 million.
Featured image: Revenue vector created by pch.vector
Subscribe to Whitepapers.online to learn about new updates and changes made by tech giants that affect health, marketing, business, and other fields. Also, if you like our content, please share on social media platforms like Facebook, WhatsApp, Twitter, and more.