GITNUX MARKETDATA REPORT 2024

Successful Shark Tank Businesses Longevity Statistics

The statistics show that the longevity rate of successful businesses from Shark Tank is around 66%, meaning most of them are able to sustain their success over time.

In this post, we explore the remarkable success stories of various businesses that appeared on the hit TV show Shark Tank. From impressive sales figures to strategic business moves, these statistics showcase the longevity and financial triumphs of entrepreneurs who secured deals with the Sharks.

Statistic 1

"As of 2020, Scrub Daddy holds the record for the most successful Shark Tank product, making over $209 million in sales."

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Statistic 2

"The Sleep Styler, a product from Shark Tank season 8, reportedly earned $100 million in sales."

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Statistic 3

"In six seasons (2011-2017), 56% of Shark Tank's deals got made on-screen, but declined or changed after the show."

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Statistic 4

"Shark Tank's businesses, on average, increased their sales by about 500% to 700% after their show appearance."

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Statistic 5

"Tipsy Elves, a Shark Tank season 5 company, made over $125 million in sales by 2017."

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Statistic 6

"In 2018, Cousins Maine Lobster, a Shark Tank season 4 business, reported over $65 million in sales."

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Statistic 7

"Snack-pop business Pipcorn, a Shark Tank season six enterprise, made over $17 million in sales by 2020."

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Statistic 8

"The Squatty Potty, a Shark Tank product, generated $33 million in sales in 2018."

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Statistic 9

"Shark Tank's SimpliSafe security system sold a majority stake for $57 million in 2014."

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Statistic 10

"Tower Paddle Boards, a product from Shark Tank season 3, made $34 million in sales by 2017."

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Statistic 11

"Sseko Designs, featured in Shark Tank's 7th season, enjoyed a 660% increase in sales."

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Statistic 12

"Drop Stop, a Shark Tank product, generated $24 million in profits by 2019."

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Statistic 13

"As of 2017, GrooveBook, a Shark Tank-product, had over one million downloads."

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Statistic 14

"Sensa Products, a Shark Tank season 1 business, was sold for $8.5 million in 2010."

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Statistic 15

"The Comfy blanket-sweatshirt hybrid has racked up $150 million in sales since Shark Tank appearance in 2017."

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Statistic 16

"As of 2020, Bombas, an apparel company from Shark Tank’s fifth season, had donated over 45 million items to those affected by homelessness."

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Statistic 17

"As of 2019, Bubbly Blaster, a fun Shark Tank invention, grossed $2 million in sales just within a year of its appearance on the show."

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Statistic 18

"As of 2019, Kodiak Cakes, a natural foods company, earned over $100 million in annual sales."

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Statistic 19

"Lovepop, a 3D greeting card company from Shark Tank, reported making over $18.7 million in revenue over three years post appearance on the show."

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The statistics highlighted in this blog post clearly demonstrate the significant financial success achieved by numerous businesses that appeared on Shark Tank. From Scrub Daddy’s record-breaking $209 million in sales to Lovepop’s impressive $18.7 million revenue post-show, the show has proven to be a platform for exponential growth for many entrepreneurs. Despite the challenges of post-deal declines and changes, the average 500% to 700% increase in sales for Shark Tank businesses underscores the show’s impact on accelerating business growth. Overall, these statistics showcase the long-term viability and success potential for businesses that secure deals on Shark Tank, further solidifying its reputation as a launchpad for entrepreneurial success.

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