The popular television show Shark Tank has been providing aspiring entrepreneurs with a platform to pitch their business ideas and products to real life investors with deep pockets called "Sharks". Many of these inventions have gone on to become big business, making millions in sales and becoming household names. From Scrub Daddy to Coconuts Oil, the show has seen some amazing success stories where venture capital has put the inventors and their products into the spotlight. In this article we’re going to take a look at 10 of the most successful Shark Tank inventions of all time. We’ll examine how much money was invested by the Sharks, what made them stand out from others of the best shark tank products on the show and just how much success they’ve achieved since appearing on Shark Tank. Let's dive right in!
1. Scrub Daddy
Scrub Daddy is one of Shark Tank's innovative cleaning products that quickly became a household name after appearing on Shark Tank. The sponge-like material hardens when exposed to cold water and softens in warm, making it perfect for scrubbing without scratching surfaces. Mark Cuban invested $200,000 for a 20% stake in the company, and just two weeks later Scrub Daddy had sold over $1 million in products.
2. Ring
Ring is a video doorbell system that allows users to monitor their homes from anywhere. It was created by James Siminoff and he pitched the idea to the Sharks, with Mark Cuban investing $700,000 for a 10% stake in the company. The product has since become one of the most successful Shark Tank products, with annual sales exceeding $1 billion.
4. Nuts ‘N More
Nuts ‘N More is a protein-packed snack and spread made with healthy fats. It was created by Peter Ferolito, who pitched the idea on Shark Tank seeking $500,000 for a 25% stake in the company. Lori Greiner immediately jumped at the opportunity and invested $300,000 for 30%, which has since increased to 40%. The successful product has been a huge success and is now sold in over 10,000 retail stores worldwide.
5. Squatty Potty
Squatty Potty is an ergonomic footstool designed to help with proper posture during bowel movements. The product was created by Robert Herjavec, one of the show’s “Sharks” and he pitched it on Shark Tank seeking $400,000 for a 20% stake in the company. The product was an immediate hit and has since become a household name. It’s now sold in over 15,000 retail stores worldwide and the company has grossed over $300 million in sales.
6. The Natural Grip
The Natural Grip is a unique hand grip designed to help with weightlifting, yoga and other fitness activities. It was created by John Wise, who pitched it on Shark Tank seeking $300,000 for a 20% stake in the company. Lori Greiner invested $200,000 for 30%, which has since increased to 50%. The product has been a huge success, with sales exceeding $1 million within the first six months after appearing on Shark Tank.
7. GrooveBook
GrooveBook is an app that lets users print their photos as a photo book. It was created by Julie and Brian Whiteman, who pitched it on Shark Tank seeking $150,000 for a 10% stake in the company. Robert Herjavec immediately jumped at the opportunity to invest $150,000 for 25%, which has since increased to 50%. The app has been a huge success, with sales exceeding $30 million within the first two years after appearing on Shark Tank.
8. Pipcorn Snacks
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Pipcorn Snacks is a line of gourmet popcorn snacks made for health conscious carb lovers with non-GMO ingredients. It was created by Jeff Martin and Jen Martin, who pitched it on Shark Tank seeking $175,000 for an 18% stake in the company. Shark Robert Herjavec invested $200,000 for 25%, which has since increased to 30%. The product has been a huge success, with sales exceeding $50 million within the first five years after appearing on Shark Tank.
9. Bottle Breacher
Bottle Breacher is a line of handcrafted bottle openers made from reclaimed 50 caliber ammunition. It was created by Eli Crane, who pitched it on Shark Tank seeking $150,000 for a 20% stake in the company. Daymond John invested $150,000 for 25%, which has since increased to 35%. The product has been a huge success, with sales exceeding $25 million within the first three years after appearing on Shark Tank.
10. Wicked Good Cupcakes
Wicked Good Cupcakes is a line of gourmet cupcakes that are shipped directly to customers. It was created by Tracey Noonan and Danielle Vilagie, who pitched it on Shark Tank seeking $75,000 for a 20% stake in the company. Robert Herjavec invested $75,000 for 25%, which has since increased to 33%. The product has been a huge success, with sales exceeding $10 million within the first two years after appearing on Shark Tank.
Successful Shark Tank Product
These ten Shark Tank successful products have achieved remarkable success, with annual sales exceeding $1 billion. From Nuts ‘N More to Wicked Good Cupcakes, each of these entrepreneurs has found a way to leverage their unique idea and capitalize on the power of human behavior and cognition in order to drive more customers into their marketing funnel. These inspiring stories demonstrate that hard work and dedication can pay off even when faced with seemingly insurmountable odds — it’s possible for anyone to achieve success if they put in enough effort! If you want help enacting neuroscience principles or creating an effective digital marketing strategy, let us know. Our team is ready and waiting to partner with you so that together we can make your dreams come true.
