What Episode of Shark Tank Was Manscaped Grooming On?

What Episode of Shark Tank Was Manscaped Grooming On?

Manscaped Grooming appeared on Shark Tank during Season 10, Episode 4 (aired October 28, 2018). The episode was part of the show’s 10th season, which featured a mix of innovative products and passionate entrepreneurs.

Manscaped’s pitch stood out due to its focus on an often-overlooked aspect of men’s grooming—below-the-waist care.

The episode quickly became popular due to the engaging pitch by Steve and Josh King and the unique nature of their product line. The exposure from the episode played a significant role in boosting Manscaped’s brand recognition and setting the stage for the company’s future success.

During the pitch, Manscaped founders Steve King and Josh King sought an investment of $500,000 for 7% equity in their company.

They presented their flagship product, the Lawn Mower 2.0, and highlighted their focus on grooming products designed specifically for men’s needs.

Their presentation emphasized the unique features of their products, such as the ceramic blade designed to prevent nicks and cuts, and the fact that they had already made significant sales.

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Manscaped Shark Tank Episode Full Episode; What Happened at Shark Tank Pitch

Manscaped made its Shark Tank debut in Season 10, Episode 4. During the pitch, Steve and Josh King asked for $500,000 in exchange for 7% equity in their company, valuing Manscaped at approximately $7.1 million.

 They presented their “Perfect Package,” a comprehensive grooming kit that included a variety of products, such as an electric trimmer specifically designed for grooming below the waist.

The sharks were impressed by the concept and the sales figures presented. By the time they appeared on Shark Tank, Manscaped had already achieved $1.5 million in sales for 2017, demonstrating strong market demand for their products.

 However, the sharks expressed concerns about the company’s customer acquisition cost, which stood at $16, as well as the overall profit margins.

Despite these concerns, Lori Greiner and Mark Cuban saw the potential in Manscaped. They decided to team up and offered $500,000 for 25% equity, which was higher than the 7% equity originally offered by Steve and Josh.

Although Robert Herjavec made a competing offer, he ultimately withdrew, leaving the field open for Lori and Mark. Steve and Josh accepted the deal, but as often happens, the deal was never finalized post-show.

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Whatever Happened to Manscaped Grooming After Shark Tank?

Manscaped Grooming, the company specializing in male grooming products, experienced a meteoric rise after its appearance on Shark Tank. The father-son duo, Josh and Steve King, pitched their business on Season 10, introducing their innovative product line designed to help men with below-the-waist grooming.

While they secured a deal with Mark Cuban and Lori Greiner on the show, the deal never finalized. However, this did not deter Manscaped from achieving phenomenal success in the years that followed.

Despite the deal falling through, Manscaped leveraged the exposure from Shark Tank to expand their brand presence. They focused on aggressive marketing strategies, which included partnerships with sports teams, strategic online campaigns, and celebrity endorsements.

The company’s dedication to quality products and effective marketing paid off, and by 2020, Manscaped had reached a company net worth of $1 billion. Their success story is a testament to how a company can thrive even without securing a shark deal, provided they have a strong product and a clear understanding of their market.

Here is a comprehensive update on Manscaped after their appearance on Shark Tank:

Manscaped on Shark Tank

• Entrepreneurs: Steve King and Josh King
• Business: Men’s grooming and hygiene products, especially for below-the-waist care
• Ask: $500,000 for 7% equity
• Result: $500,000 for 25% equity with Mark Cuban and Lori Greiner
• Episode: Season 10, Episode 4 (aired October 28, 2018)

The Kings pitched their line of trimmers, razors, and skincare products designed for men’s intimate grooming. At the time, Manscaped had done $1.5 million in sales in 2017.Offers from the Sharks:

• Kevin O’Leary and Charles Barkley went out
• Robert Herjavec offered $500,000 for 35% equity
• Mark Cuban and Lori Greiner partnered to offer $500,000 for 25% equity, which the Kings accepted

Post-Shark Tank Success

• The deal with Cuban and Greiner ultimately did not close
• However, Manscaped continued to grow rapidly after the show
• By 2019, the company had over $2 million in revenue
• Founder Paul Tran credits the Shark Tank exposure for much of their success

Current Status

• As of 2022, Manscaped has over $200 million in annual revenue
• The company has expanded into other men’s grooming categories beyond intimate care
• Manscaped has been profitable since 2019 and has over 200 employees
• In 2021, the company was acquired by Fallk Capital for an undisclosed amount (estimated at $1 billion)

Despite the deal not closing, Manscaped’s appearance on Shark Tank was a major catalyst for the company’s growth. The founders were able to leverage the exposure to build Manscaped into a market leader in men’s grooming with over $200 million in sales.

Manscaped Shark Tank Update

Manscaped’s appearance on Shark Tank provided a crucial boost in visibility, leading to a dramatic increase in sales and brand recognition.

After the show, even though the deal with Mark Cuban and Lori Greiner didn’t materialize, Manscaped continued to push forward with their business plan. They enhanced their product line, improving existing offerings and introducing new ones to cater to their growing customer base.

One of the most significant developments post-Shark Tank was Manscaped’s partnership with several high-profile sports teams, including the Los Angeles Kings in the NHL.

These partnerships helped solidify the brand’s presence in the sports industry and expanded their market reach.

Manscaped also engaged in a successful marketing collaboration with Mark Cuban and Ashton Kutcher, in conjunction with another Shark Tank company, Slyde Handboards, which further propelled their brand.

The company’s growth wasn’t limited to the U.S.; Manscaped successfully expanded its market internationally, reaching customers in Europe, Australia, and beyond. Their dedication to quality and customer satisfaction helped them build a loyal customer base, which contributed to their continued growth and success.

Steve and Josh King Manscaped

Steve and Josh King, the founders of Manscaped, brought their expertise and passion to the Shark Tank stage with a mission to solve a problem many men face but rarely discuss openly—grooming below the waist.

The idea for Manscaped came about when they recognized a gap in the market for products specifically designed to address the unique grooming needs of men.

With Josh’s background in marketing and Steve’s experience in entrepreneurship, the duo combined their skills to create a product line that was both innovative and practical.

Their approach to marketing was particularly effective. They understood the importance of humor and relatability in their branding, which resonated with their target audience.

 By creating a brand that was not only focused on solving a problem but also doing so in a way that was approachable and even fun, Steve and Josh managed to differentiate Manscaped from other grooming products on the market.

Their pitch on Shark Tank showcased not only their product but also their deep understanding of their audience. The company’s rapid growth following their appearance on the show is a testament to their hard work, strategic thinking, and dedication to meeting the needs of their customers.

Manscaped Shark Tank Net Worth

Manscaped’s net worth has grown exponentially since their appearance on Shark Tank. At the time of their pitch, the company was valued at approximately $7.1 million, based on their ask for $500,000 in exchange for 7% equity. However, the company’s valuation and net worth have since skyrocketed, reaching an estimated $1 billion by 2021.

This growth can be attributed to several factors, including effective marketing, strategic partnerships, and a strong product line that resonated with their target audience. Manscaped’s ability to tap into a niche market and expand internationally also played a significant role in their financial success.

The company’s journey from a $7.1 million valuation on Shark Tank to a billion-dollar enterprise is a testament to the power of innovative products, strong branding, and relentless pursuit of growth.

 Manscaped’s success story is one of the most impressive in Shark Tank history, highlighting the potential for growth even when a deal doesn’t go through as initially planned.