Shark Tank is a platform for many new innovators who come at the door of some tank with the hope that any of the sharks will impress with their product and will give them a big investment for their company. However not all the newcomers are selected and get the investment from the sharks, many of them are sent home with a good luck wish from the sharks. On the other hand, some get very good deals from the sharks and they become their investors.
People not only receive a good investment from the show, but they also get a platform where their business is seen by many people. Shark Tank is a ground and only the presence in the ground can make a brand big hit in the market. There are many cases where the newcomers did not get any investment from the sharks but only their arrival in the Shark Tank made their future and their product became a big hit in the next year. This show has the ability to change the lives of people by introducing new products in the market by giving them the exact platform they were waiting for. Here are the 10 most successful products from the Sharks Tank America that became very popular after their arrival on the show:
1. The Squatty Potty by the Edwards family
Today, Squatty Potty is not a new name for anyone. The concept of Squatty Potty came in the sixth season of Shark Tank America, with the Edwards family. Lori Greiner, one of the sharks from Shark Tank, gave them an offer of 350,000 dollars. In exchange, the Edward family was asked for a ten percent stake in their company by Lorry Grinder. On the very night when the show aired on the television Squatty Potty did the business of 1 million dollars, in the first three weeks after the show aired on the TV Squatty Potty made three million. This genius product is now available in all stores around the world and across all online platforms.
2. Bombas socks
What if someone tells you that if you buy a product for yourself then you are also donating the same product to the needy one? David Heath and Randy Goldberg came up with the same concept in Shark Tank season six and won the heart of Daymond John, with their unique selling idea of the socks, Daymon John was quite impressed with them and offered them 20,000 dollars for 17.5 percent of the equity in their company. Within two weeks of the sale of the television, the company did business of 1.2 million and even now bombas is one of the most successful products.
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3. The Comfy: sweatshirt or a blanket?
In Shark Tank, season 9 Bridan and Michael came with The Comfy, a sweatshirt blanket. They got the investment from Shark Barbara, who liked their product very much and invested 50,000 and asked for a 30 percent stake in their business. The episode was aired in 2017 and has earned more than 150,000 million till then.
4. Scrub Daddy: a cleaning sponge
Aaron Krouse came in Tank season 4 as the scrub daddy. It is a cleaning sponge with a special quality. This sponge gets soft in warm water and when it is kept in cold water it becomes hard. Scrub Daddy is known as the biggest success in shark tank history, Lori Greiner invested in this product with 200,000 dollars in exchange of which he asked for 20% equity.
5. The Bala Bangles
Bala Bangles was introduced in Shark Tank’s season 11 by Natalie Holloway and Max Kislevitz. Mark Cuban and Maria Sharapova invested 900,000 in the company in exchange for 30 percent equity. This product was just before the pandemic in 2020 but they did extremely well in the market as people started using it as their workout equipment.
6. The eco-friendly Stasher Bags
In the 9th season of Shark Tank, Kati Nouri came to Shark Tank with her environmentally friendly product Stasher Bags. These bags got an investment of 400,000 dollars from Mark Cuban with a return of 15 percent equity.
7. Sleep Styler
In the 8th season of Shark Tank, Tara Brown came with her unique styling tool in Shark Tank. She got the investment of 75,000 dollars In exchange for 25% equity. The concept of her product was to have one hair curled at night to avoid the hassle in the morning.
8. The Simply Fit Board
Linda Clark and Gloria Hoffman came in the Shark Tank Season 7 with their special Simply Fit Board. The slaying duo gets the investment of 125,000 dollars in return for 20 percent equity.
9. Ring Doorbell
In the Shark Tank season 5 Jamie Siminoff, came with a ring doorbell in the show, but his product did not get any investment from any of the Sharks of the show. This product came out and became one of the big hits and was purchased by Amazon in 2018 for 1 billion dollars. Even without a deal, this product became the favorite of many people in the market.
10. The Safe Grabs
Cyndi Lee came in Shark Tank season 8 with her product. It was a kind of multifunctional silicone mat that can be used for various purposes including taking out hot dishes from the microwave. Cyndi Lee got the investment of 75,000 dollars in return for 25% equity from Lori.
Also read: Top 10 Most Expensive Perfumes in the World in 2024
Conclusion
All these products were a big hit in Shark Tank history and are ruling the market till now. Some had impressed the judges with no end and became very popular in the market. Shark Tank is still a dream place for many new innovators.
