What Happened To Baobab After Shark Tank |
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- čas přidán 16. 02. 2024
- #investment #sharktank #markcuban #baobab
Baobab's post-Shark Tank journey saw remarkable growth and adaptability. The exposure catapulted their brand visibility, attracting a wave of new customers. Sensing an opportunity amid the pandemic, Baobab swiftly expanded into producing face masks during the 2020 pandemic.
While the sharks questioned their strategy, XTorch continues to shine, boasting a 4.5-star rating on Amazon.
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I think their strategy is not really getting a deal. The xposure is their main objective bc even without the help it will really bloom.
hindsight conclusion
I think their strategy is they really believe in their product and are passionate about it.
No shit
so you paraphrased what the video said
@@sunr3lic985why so mean??? 😢
The thing for shartank is that, once you manage to get in. It’s a win win for you regardless of the outcome.
Not if your product gets criticized and shat on by the shark on national television, that's where the lose situation happens
Not necessarily
@herrforehead3745 ring doorbell was on it and they all criticised it but now the owner Is worth a fck load
@@herrforehead3745bad advertisement is still advertisement. Someone interested in your product may get to know you thanks to the negative exposure and contact you.
Unless you are selling something with truly 0 value, all publicity is good publicity.
@@ZeroInquisitor that's neat, still could be risky but if your product is genuinely good, I'm guessing it's worth the gamble
Finally, the perfect white shirt to wear at the buffet
thats what im thinking 😂
Between inflation and the price of the shirt itself you'll go bankrupt buying this shirt and eating at a buffet
Greedy mf 😂
@@johns3241 is the shirt really that expensive 🤣
Caseoh needs one but good luck finding one his size
At this point, if you have a decent product, all you have to do is just get booked for shark tank.
It's a double edged sword.
In this case, the product was genuinely unique and original and hence sharks even praised it.
But if your product has nothing new, sharks might just straight up insult it on national TV and it might backfire.
@@ozairaa4424 I guess most people would just forget about it, and it's not even known internationally
@@heroe1486 bad pr is still bad pr, some startups do die out after a bad pitch at shark tank
@@ozairaa4424 generally due to management, not because of the show. The show mostly gives them a temporary boost in sales even the bad pr ones, but it doesn't change management and their ability to meet those sales like the ones who come on for help from a sharks. Those guys are in over their heads and just have a good idea with zero execution skills.
@@ozairaa4424no such thing as bad pr
shark tank is free advertising. if you don't get your offer, at least you advertised your product to the greater community.
Pretty sure it’s not “free”
@@SoullessGabe wdym it's not free? enlighten me.
@@MastaFistaI mean you don’t just go to wherever shark tank takes place and say I have a new product without having to pay at least one fee
The sharks get like 5% of your company even if you are rejected.
@@rosellerponio7451 what?! I am pretty sure they removed the 2 percent royalty requirement a long time ago? where'd you get your source that they have to pay a fee?
Don't give up when the critics discourage you, lesson learned
don't give up washing also
They would have more
They didn't discourage them they liked it, they didnt like the price...
They asked the sharks for an absurd amount of money on purpose. They knew what they were doing and went there just for exposure.
Don'Ät give up if the critics discourage you and a very popular show which is basically free advertisment
Not going to lie, microfiber lining for glasses is absolutely genius
Wow you didn’t get a deal but boy you guys gained massive exposure by being at that show best part is you didn’t have to give up 20 percent of your company 👍
Remember how they laughed, insulted, & ridiculed the two BW with the makeup line? After they didn't get a deal, their business soared $450K and still climbing today. Now big names are copying their colors. ("The Lip Bar")
Mark was wearing it 😭😭💀
Funny part is there was a cleaner made to just do the exact same thing to your cloths but it was stopped when they realized it would put every cleaning detergent out of business
the shirt company who makes these polos will go bankrupt. Nobody will really need to replace the shirt or buy more, resorting in less and less sells and eventually resorting in full closure of the company.
@@aleminded i beg to differ.
your take is only valid when the customer's body doesn't change in size over years and population growth freezes.
@@aleminded They can only get 7 billion sales, oh no
@aleminded maybe I want some different colors
Your brain must have been made using cat sh*t and a dead fly
I would love for companies to adapt this material for there uniform shirts. Companies usually only distribute 2-3 shirts. After that you must purchase. This will be a great idea for security guards, super markets,etc....
You realize you can just buy the waterproof spray and put it on whatever shirt you want right? These dudes are taking regular shirts, putting a couple cents worth of waterproofing on it, and then selling it for 100x more 💀
@@DrakeOola BUT THIS CLEANS GLASSES
@@DrakeOolawaterproof spray? Nobody got time for that
Btw it would be useless if you use softer. It strips away the coating on water repellent
Also most water repellent coatings are toxic
What is softer?
@@prettybrowneyez3338softener I think?
I honestly love shark tank because no matter what someone gets a chance to make their dream business come true
Imma buy that polo, it's insane
Its a scam. This existed for a long time. The problem is you need to spread special coating multiple times over. that doesn't last long and wouldn't survive a wash
It costs £80 😂😂 Enjoy
@@ALEXFVHSthanks I was thinking there's a catch
They are $400 and up..
@@anandocross6616 where tf do you live lmao. I saw their website and they're around $80
You usually dont go to such shows to get a deal.. you go there for the exposure
Idk about you but $189 is wild
if the quality and the usefullness is there that ok. You have 100$ tshirt of shitty corp made of cotton that kid make there parent and they suck hard
Yes but u never have to wash it
@@vivaanreddy8771 stinky
$213 OVERPRICED
They’re $98 right now and some colors are $78.
Hold the phone!!!! I aint gotta wash my shirt my boy!!! Lettsss gooo
💪 Great product. Should they possess a patent for the stain-resistant technology, their primary focus ought to shift towards licensing the technology to other companies rather than building a clothing brand.
True because that technology can be used in a wide variety of products.
Probably something like DuPont on carpet
They don't have patents. The fabric is made by some other manufacturer.
Stain resistance technology should not be patented,
now rayban has copied the idea in their fearless collection
If they made any type of white shirt with that tech it would make millions
It shows you do not need money to get your brand going. But exposer is what you need. Good job men! I just went to order one. They have up to 4X but are out of stock oof smaller sizes. The shirt is $108.00.
"The design is very human"
Great polos. I like the design. I wonder how they feel on the skip and guess what, it is stain, wear resistant and water proof!
“You guys got dragons den”
“Nah we got shark tank”
Where is the link for buying this...!?
just search "Baobab polo".
The sizes stop at 2x right now, so they lost a sale from me.
I was like, "dam, they're probably making 50 mil or something" but its only 900k-1mil. For a company thats barely anything.
If that's gross, then its practically a failure.
For just getting started? That beats a regular 9 to 5 any day. 😮
How many millions are you making?
Man Yu must have 50/100 mill to MF who come from nun 1/2 mill a year is more than enough Yu must be tryna impress somebody Yu want to be seen Yu want ppl to know Yu got money gotta grow up luh homie that's ah female trait Yu wanna be seen like ah luh grl 🤦🏾♂️smh
@@theconsciouschronic Not after just getting started, after 8 years. If 2m is their annual gross their profit is probably $200k-$400k.
Sharks missed out on one of the best deals that walked into their show.
Never settle for someone else's expectations 💯
Polo shirt (the original design) originated in a tiny state in India called Manipur...where the sport Polo originated.❤
❤❤FUN FACT
They got alot of exposure, and made sure to entice all the viewers as any guy who wears a polo often would buy this, and it also branches to rabdom guys who might wanna buy thr polo cause its a cool product
Congratulations for never giving up
So happy for these gentlemen....❤
But how do u wash it if its water proof
Most shirts have washing instructions on a tag especially if thee is something that must be done or something that shouldn't be done.
Using waterproof water
Main question with these is how breathable are they….
As breathable as an Under armor gym shirt
It's cotton with hydrophobic coating if I can guess. (Not nylon for water-resistance or waterproofing).
Lol
They're very good, absolutely top quality. The only shortcoming is $$$
Well only things with life breathe
Good for them brother's I'm so excited for these young black men😊 I wish you nothing but success
Of course you have to bring race into everything
I'M SO HAPPY FOR THEM
BaoBob is a silly brand name
True
Whats ur own brand name? Maybe its stupider idk 😒
@@drillsondrillz my brand name is yourmom
@@jemdaproducerbeats3925 dude how old r u?
I’m buying one soon
Nice professional move, other's opinion doesn't define your ability and objectives ,well done
Thinking of the stained polo I have and seeing this is making me really tempted to buy a few of these.
Do the shirts come with teflon spray when the old layer wears off? Only fjällräven uses natural repellants.
How do you wash it tho? Do you just steam it?
You don't wash it you perfume it
@@TRUEBLUE002 You have to wash it dude, eventually lol
I didn’t even think of that😅
regular washing Maschine at 40°C
I truly love when the investor walk away and the inventor hits it right.
Honestly sometimes it feels like not getting a deal is better than getting one in shark tank
I have a feeling they make you sweat. Like wearing a raincoat
yeah..all the sweat drip down to your pant..lovely
"their revenues soared to 900.000 to 1million dollars per year" bruh they already value their company at 1.5million dollars before "the exposure". My guy added a Mark Cuban clip as if he was talking about that company 💀💀💀
You realise a companies value and their revenue aren’t very different things?
@@thenub6304 and when did i say they are different, the revenue is the most important factor to value a company? Since you seem lost ill spell it out for you. Most new companies are valued are 1-1.5 times their revenue ---> they valued their company at 1.5million dollars ---> which means THEY ALREADY HAD 900 thousands to 1million dollars revenue per year .
@@refkibouslama7480 "Most new companies are valued are 1-1.5 times their revenue "
first time hearing this
it's usually more, even for new companies
and far more when talking about tech startups
I don't understand how sharks let them go without a deal. That was such a great innovation
The owner often starts as that hard working worker
This is not updated, they filed buncrupcy last 2022
Bruh😂😂😂
U gotta be kiddin
Tf r u talking about. They r still in millions. They did not file for anything.
Strangers on the internet after spreading misinformation:
Imagine being so stupid that you can't spell even with auto correct.
Shark tank always reject the brightest and most successful brands and all the ones they accept always go bankrupt and have no future🤣🤣🤣🤣
Idk about that, just look at scrub daddy for example.
@@HornCompany Which were almost rejected as well lol, by the other bald guy. I don’t even know the names though
They got rejected and started there villain arc💀💀💀
Always good to hear people doing good for themselves...
A yearly $1million turnover is not that great. In fact, it's crap. I hope its much more than that because it will need to be to make a reasonable profit.
more than a $100 and even $140 for a shirt??
Didn’t you hear it was a premium shirt? You can compare it to Gucci or other brands, maybe they have even better quality because those brands are just the names.
@@snb9887 bro gucci will sell u a shirt they paid 30 cents for that they bought in bulk and made in a slave labor facility
Good luck to these brothers. Unique product I might buy now even though I'm not a polo shirt type of guy. Seems cool. They can expand to different styles of outfits with this quality crisp fade and stain resistant material. I love it
I never thought I needed a polo like this in my life
It doesn’t even matter if you don’t get a deal done. Even though obviously you would want to. From just being on the show you get exposure to many different people. Thinking about trying out your product.
imagine they didn't even want funding from shark tank in the first place instead using shark tank as a publicity for their product. Dang that'd be smart
I remember watching this and thinking "I wanna buy that shirt"
*They got the American Idol treatment*
That actually looks like exceptional quality.
Shark tank is a marketing tool. A deal with the sharks is just a bonus
You had me at the microclof
Sometimes people not only come to shark tank for the deal but also the free marketing they get from it
Even if he didn't get chosen , just being on the set became his advertisement
Baobob: Exists
My brain: BauBau???
Video: "Baobob"
My Brain: BauBau!!
Video: "Baobob"
My Brain: Oh, Baobob
My Brain 2 seconds later: BauBau😅
Alright. Marketing making it visibility boosted your net worth. Way to go. You get to keep all of your equity. Bravo 👏
Even if they don't want a deal the exposure is great for any business that is trying to grow.
I like the switch on the recording of the girl and ketchup clip.
This is the win-win situation in Shark Tank, if you show a good product, its either you get a deal or you get exposure, or both.
Me wearing my 7 year old $5 polo shirt that still looks great
If they have that in stores, I would buy that
These will become new work shirts for many different restaurants and messy work places."Good for 6 eight hour shifts" for real...
Kevin : they would not take 10$ for 80% of the company. How unfair
The sharks sometimes miss the good oppurtunity and instead deal with shitty product who fails months later
For someone who wears glasses the microfiber cloth is a nice touch... To bad i dont wear polos..
* Sponsered By BaoBab *
Either you win a deal on the tank or walk away with crazy amounts of exposure. Its a guaranteed win
Hats off to you guys. 👏 I'm glad y'all did that y'all one of the first to walk away with something and a great product. Wow, keep it going, keep your heads up gow did the greatest thing ever
My love for spaghetti will love this shirt
being on sharktank is a win win situation, if you get the deal you get a free promotion
it's crazy how the sharks don't seem to realize that being on the show is MASSIVE advertising already. like nobody's watching those shopping channels.
Sales could be much higher if the shirt wasn't priced at $98.
They just would’ve been ripped off anyway. They got the advertisement they needed and their business grew.
The microfiber incorporated is genius!.
every brand has that tech now.
I love seeing black TRUE entrepreneurs. Not black people who just make money in the entertainment industry
That microfiber cloth for your glasses is awesome 😮
Dont even make a deal at that point, just get in the show and youre good as gold.
Did them a favor..sometimes I do think sharks see something thats so genuinely good that they dont even want to rob them. "You Guys dont need me"
Good for them, I'm happy for them.
I love how they used Shark Tank for exposure rather than just getting a deal. It's smart marketing strategy.
.
Bro where can i buy this?
What mattered was the free advertisement they got from showing off tbh
I mean it’s a great product, hell I want one, as long as the price is reasonable
90 dollars for one polo is wild 😂😂
Now i know what to ask for my birthday
U just got a new customer .screw shark tank .they have money already .
I need the shirt. I get my white shirt dirty without even realizing.
The same with scrubdaddy , no one invested in them when they got to shark tanks and now they are millionairs
I hope they are in the service industry