‘Shark Tank’ finale preview: BZBox, Baker’s Edge, and the Foot Fairy
After a long season of products, sales, business know-how, and Kevin O’Leary announcing that people are dead to him, Friday marks the end for “Shark Tank” season 5. Based on what we have seen so far, it also looks like there is plenty to look forward to.
The sharks in attendance will be everyone other than Daymond John, and based on the synopsis below, there is definitely going to be a variety of different products shown off:
“A college sophomore from Oak Brook, IL raised in a traditional Indian family, wants to make her own American dream come true with her flat-folding, reusable storage box. A couple from Carmel, IN hope to cook up a deal with their reinvented cookware, two exuberant moms from Solana Beach, CA have taken the pain out of shoe shopping for your kids with an iPad app that measures foot sizes, and two men from Aurora, IL designed a quick, simple solution to tying up a water balloon. In a first of its kind follow-up, many of the amazing success stories from “Shark Tank” are highlighted, with the entrepreneurs discussing their experiences and how their businesses have grown since coming to the Tank.”
The two products that we’re going to highlight for this episode are for very different reasons. First, you have a company in Baker’s Edge that seems to have quite a bit figured out already. As a baker, we make no argument that they have a great product for people who want to avoid some standard inconveniences like sloppy lasagna or muffin pans that are hard to clean. They also have a nice website and explain why their pans are useful. Even the prices are not too bad, considering that the products are made in the USA and have a higher quality to them than the standard one you would get at the store.
Then, you have BZBox, which is something that may actually have a higher ceiling than Baker’s Edge. However, there are many issues here. This is a product that is still definitely in its early stages, and one that will take serious customer acquisition to prove that customers really need to buy boxes that will be slightly easier for them to put together and take apart. The real selling point is going to be seeing if it can be stated just how these boxes are more durable, can therefore be used multiple times, and are stored easily. Otherwise, it’s a hard sell. People throw these boxes around in a move so easily that nobody wants to spend big money on them.
Also in this episode, you will see an app for measure children’s feet entitled Foot Fairy, and also something called Tie-Not that makes it easy for water balloons to be tied together (which we’re not sure is a good thing).
We will be back Friday with another “Shark Tank” review, so be on the lookout for that. For now, click here to see some other highlights from this season, or here to get more via our CarterMatt Newsletter.
Photo: ABC