S13.E19: LUCY; SwiftPaws; BusyBox; The Dirty Cookie - Shark Tank
Sharks Kevin, Mark, Lori, Daymond, Robert, I like some of the guest sharks, but I like when the regular cast is here.
1. LUCIDART-Seller was on show in Season 2, with a carsick bib. This is a drawing tool, where you draw over the image of the item, so anyone can be an artist. It has a viewing tool, where you look at the object through a lens, and you trace the object. Kevin does this, and should stay a Shark, and not become an artist. 20% of the sales are beginners, some amateurs, and some pros. Lifetime sales $10 million, last year $3.7 million in 2020, almost half profit. 95% is sold online. I think Lori would have been a good Shark with her QVC shows. Daymond makes the deal. (Thanks to EXEAL for the correction.)
2. Swift Paws-Watching Kevin do this for $10 is hysterical. It's a way to exercise dogs, with a game of chase. You set the course, pull the trigger, and the animal chases the toy. There's a remote control for the owner. It's actually a competitive sport. The use straight line courses for pros. It's part of lure coursing, and agility competitions. There's one for pro competitions, and the home edition. $449 for the home kit, $135 to build, $1.5 million lifetime. The sales and profit numbers suck. She does the assembly in her home town, and should be doing it off shore. She needs a much lower price to manufacture. If they get the price down, I think it will be a fantastic product. I think this is a product for someone who bought a high energy dog, and wants to exercise the dog while the owner is on the phone, and something else, because they don't want to care for the dog. I wonder about all of the jerky, fast movements, and how many dogs will get injuries from it. Lori gets the deal with the Golden Ticket.
3. Busybox-Productivity tool when working from home. An electronic sign you can put on your door, to say you're working, and you can put whatever message or colors on it. There's a standard and digital model. The digital model is $299. There competitors to sit on your desk, the sign from Busybox mounts on your door at home, to keep people from interrupting you on video calls. Seller is scattered, has a ton of different ideas. I think he came on the show for publicity, and if he landed a Shark, it would be a bonus for him. No deal.
4. Dirty Cookie-an innovation in sweet treats. In the edible gifting space, with a shot glass made of cookies, with gluten free offerings. You sip the beverage, and eat the cookie container. $50 a dozen, $13 to manufacture, you decorate your own. 2020 sales are almost $2 million. 2021 $2.6 million, and only made $300k. They're partnering with FTD flowers, and 1-800-flowers. She's 100% owner. She thinks they'll get to $6 million in 2023. Kevin tells her to get her costs down to $3.00 from $12.00. Everyone is out but Lori, and Robert is back. She makes the deal with Robert.
Tenikle phone and device holder update. Product is doing very well.
Edited by CrazyInAlabama