We are here today with the final preview for Friday night’s “Shark Tank,” and this time around, we’re talking auto safety! It may not be the flashiest idea in the world for a product featured on the show, but there is no question that it holds great value in the event that there is an accident and you car could get damaged.
This brings us to Extreme Vehicle Protection a.k.a. EVP, a product that boasts the ability to store your automobile in what Kevin O’Leary claims is a giant Ziploc bag. It’s more effective than that, since it will keep your car safe in the event of flooding or heavy snow. Given the sort of damage that conditions can do to your car, the price, which tops out at $299 for a large car, doesn’t feel terrible.
Now, here comes what should be the point of contention for many of the Sharks out there: How many people will be interested in spending money on this? You have to convince consumers that they need something like this, since there aren’t too many out there who love shelling out money on something that they may not be all that inclined to buy, thinking that they can find a different way to keep cars safe.
We do think there’s enough of a market out there for this, especially if you are somewhere like the northeast where heavy snowstorms are frequent, or a place in the southeast where frequent flooding can occur. It’s just all a matter of making a big enough splash.
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