Scrub Daddy And Bombas On Shark Tank
Highlights
- David Heath and Randy Goldberg presented Bombas in Shark Tank’s sixth season.
- Aaron Krause brought his scrubbing pad in Shark Tank’s fourth season.
- Both businesses have appeared in multiple update segments of the show.
Through different seasons, Shark Tank grows in popularity based on positive results from products like Bombas and Scrub Daddy. While both Bombas Shark Tank and Scrub Daddy Shark Tank deals were rewarding, audiences are often unsure which one outperforms the other.
Bombas and Scrub Daddy left their marks in different Shark Tank seasons. But one common aspect is that each of the two is still remembered by Shark Tank audiences.
Below are complete details of the Bombas Shark Tank and Scrub Daddy Shark Tank stories. In the end, the conclusion explains which of the two businesses is more successful.
Bombas Shark Tank: Pitch Recap
The entrepreneur duo of David Heath and Randy Goldberg appeared in the sixth season with their sock venture that supported a social cause. Seeking $200K for 5% equity, David and Randy presented their athletic socks in different colors. They also focused on features like Y stitching.
During the Bombas Shark Tank pitch, the entrepreneurs claimed that they were estimating sales of $1.2 million. Plus, David and Randy emphasized that they donated a pair for every pair of socks sold.
After facing apprehensions from the other Shark panelists, the entrepreneurs finalized the Bombas Shark Tank deal with Daymond John for $200K at 17.5% equity.
Bombas Shark Tank: Success After The Show
The list of achievements for Bombas after Shark Tank has been quite long. A year after its appearance, it found its place in the seventh season’s update segment due to skyrocketed sales. Following this, Bombas was also featured in Shark Tank’s Beyond the Tank segment.
But the viewers were amazed by an update of Shark Tank’s eighth season when it was revealed that Bombas had neared $100 million in sales. The sock venture received a third update in the eleventh season, in which it was described as the number one Shark Tank sales earner with more than $300 million in sales.
The Bombas Shark Tank journey achieved another high when it was included in the ‘Greatest of All Time Special’ segment of the show. Sales for David and Randy’s venture had by then escalated to $330 million.
Things kept moving on a positive note for Bombas, and it made $171 million in annual revenue by 2021. Two years after this, its annual revenue went up to $250 million, and the number of employees was 160.
Based on its successful ride, Bombas found its mention in another update segment during Shark Tank’s fifteenth season. This update reflected the biggest milestone for David and Randy’s venture, as it had made more than $1 billion in lifetime sales. No other Shark Tank company had achieved this feat by then.
Apart from these, Bombas had 150 employees and 15 manufacturing facilities spread across eight nations. Further, David and Randy’s venture donated more than 100 million sock pairs to the homeless.
Scrub Daddy Shark Tank: Pitch Recap
Pitcher Aaron Krause tried to win over the Shark investors with his proprietary scrubbing pad. Seeking $100K for 10% equity, Aaron explained how Scrub Daddy worked by giving a live demo. The entrepreneur also stated that he wanted to make Scrub Daddy a preferred household product.
During the Scrub Daddy Shark Tank pitch in 2012, the scrubbing pad venture had made $100K in sales within four months. Additionally, Aaron claimed that by then, his business was present in about 3,000 retail stores.
Aaron received multiple offers from the Shark panelists. However, at $200K for 20% equity, he finalized went ahead with Lori Greiner.
Scrub Daddy Shark Tank: Success After The Show
Based on the ‘Shark Tank Effect,’ Scrub Daddy got a lot of attention and was sold out after featuring on QVC many times. This success was seen right after its appearance in the fourth season. During that time, sales for Scrub Daddy were about $20 million, and it was then called the ‘most successful Shark Tank product.’
Aaron’s venture was further featured in a Beyond the Tank episode. Following this, the Scrub Daddy Shark Tank journey got a boost, with sales numbers of about $75 million by 2016.
The success ride of the scrub venture was so great that it was included in the update segment of Shark Tank’s ninth season. During this update, sales of the scrubbing pad venture had reached about $150 million. Further, it was again described as the biggest money maker on the show.
The exemplary success continued for Scrub Daddy when, in 2020, it appeared in Shark Tank’s ‘Greatest of All Time Special’ segment. But it had then slipped to the second position in biggest money makers on Shark Tank. With $268 million in sales, Scrub Daddy lagged behind Bombas, which had made $330 million in sales.
Despite this, the hustle Aaron did not take a backseat, and he launched other sponges, including Halloween-themed ones, ghosts, and pumpkins. By 2022, the lifetime revenue of his venture was $300 million.
Ten years after the Scrub Daddy Shark Tank pitch, it had 160 products and 273 employees and was available in more than 257,000 locations. It was also included in the fifteenth season’s update segment.
Scrub Daddy was further included in Shark Tank’s five highest-earning businesses, with $670 million in sales. By 2023, it was revealed that Aaron’s venture was placed third in the highest-selling products from the show, with $926 million in lifetime sales.
Conclusion
Both Bombas Shark Tank and Scrub Daddy Shark Tank journeys have been great success stories. But if one were to compare the two Shark Tank his, although appearing two seasons later, Bombas has outpaced Scrub Daddy. With over $1 billion in lifetime sales, it has exceeded Scrub Daddy’s $926 million figure.
However, Aaron Krause’s venture, too, is constantly progressing with new product innovations. This is what makes both Bombas and Scrub Daddy exemplary entrepreneurial successes.
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