Jennifer and Gifford Briggs, with help from their five daughters, seek an investment for Drain Wig, their disposable de-clogging device for bath tub drains. The Brigg's created the Drain Wig to have a less disgusting, chemical free way to get hair out of drains. Hair is the leading cause of drain clogs in bathrooms. Most solutions involve sticking some sort of reaming device down the drain, then removing disgusting hair from the device. They pitch their product to the Sharks in episode 902.
The Drain Wig is basically a chain that hangs inside the drain. It traps wayward hair and hangs on to it. When the drain starts running slow, pull up the chain and throw the whole thing, hair and all, into the trash. Since it's disposable, you never have to touch the disgusting sludge you yank out of the drain. It also eliminates the need for chemical drain cleaners.
Each Drain Wig costs $19.95 for a pack of four. This is a year's supply for most families. The patented product is only sold online and it comes with a full guarantee. So far, the Brigg's sold a lot of Drain Wigs through an infomercial-type ad. They probably want a Shark to help get into mass retail outlets. Will a Shark drain their account to invest in this product?
Drain Wig Company Information
Posts about Drain Wig on Shark Tank Blog
Drain Wig Shark Tank Recap
Jennifer and Gifford will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Kevin O’Leary, Daymond John, Lori Greiner and Sarah Blakely that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards." A full pitch re-cap on Drain Wig will be available on Shark Tank Blog once this episode airs.
Drain Wig Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Drain Wig & Jennifer and Gifford Briggs as more details become available.