Pop It Pal is a silicon rectangle that has little pores. It is filled with Pop It Pal Puss, which costs $5. The patch comes in brown and peach colors, and the puss comes in standard and blue glitter colors.
A portion of the profits of the business goes to an organization that fights against bullying. It has become very popular on the internet and it has been called ‘the next fidget spinner’.
Pop It Pal at a Glance:-
| Idea | Safe silicone with all-natural pus that gives you the feel and popping of a huge pimple. |
| Founders | Billy Pierce and Kayla Roof |
| Asked For | $250,000 for 5% equity |
| Accepted Deal | $250,000 for 25% equity |
| Sharks | Mark Cuban |
| Business status | In Business |
| Episode No. | Season 10, Episode 8 |
| Website | https://popitpal.com/ |
| Buy on Amazon | Buy Now! |
Index:
Who is the founder of Pop It Pal?
Summer and Billy Pierce are a married couple and are the founders of Pop It Pal. Summer asked Billy to recreate a pimple popping device. They decided to market it to Dr. Pimple Popper that has a huge following by disgusting people all over the world.
Did Pop It Pal get a deal on Shark Tank?
Summer and Billy Pierce, and Kayla Roof appeared on Shark Tank in episode 1005 to capitalize on their business with the help of sharks. They asked for $250,000 for 10% equity of their business. They presented the samples and demonstrated their product. The sharks were a bit disgusted by the product but were extremely impressed by the previous sales number. The product costs $8.32 to manufacture and is sold for $19.99.
Kevin O’Leary was impressed and offered $250,000 for 5% plus a $1.50 per unit royalty until $750,000 is recouped with one condition they should add new colors of puss. Mark Cuban offered $250,000 for 25%. All the other sharks were out. The founders accepted Kevin’s offer and took their check.
What happened to Pop it Pal after Shark Tank?
Before coming to the show, they have already manufactured 12,000 units. After the show, Pop it Pal gained huge customer attention and orders. Pop it Pal has also earned huge sales in ongoing years. Pop it pal is planning or forecasting to reduce its cost as its high competition due to that.
Pop it Pal is limited to online sales and platforms due to which it’s not able to expand its customer ratio. The deal made on the show between Kevin and Pop it Pal was closed and it was also registered on Kevin’s business website.
After the show, the combination of Kevin and Summer and Billy Pierce is doing great with ongoing years, they have also introduced it with different color puss. One of them is Glitter puss which is actually an excellent addition to their existing products.
During the pitch on the show, the company got a valuation of $1 million as per investment done by Kevin O’Leary. After the show, the company holds a value of $5million. Pop it Pal costs $19.99 for popper and $5.99 for goo refills, $12.99 for a pack of three. Till June 2021, they made a revenue of more than $500,000.
Competitors of Pop it Pal:
- Pimple Popping Toy by KWY is the biggest competitor of Pop it Pal. Toy by KWY is nose shaped product made of silica gel and is similar to Pop it Pal.
What is the net worth of Pop it Pal?
During the pitch on the show, the company got a valuation of $1 million as per investment done by Kevin O’Leary. After the show, the company holds a value of $5million. Till June 2021, they made a revenue of more than $500,000.
Is Pop it Pal Still in business?
As of 2021, Pop it Pal is still in the market and working for its growth and expansion. Till June 2021, they made a revenue of more than $500,000.
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FAQs:
What is Pop it Pal?
Pop It Pal is a silicon rectangle that has little pores. It is filled with Pop It Pal Puss, which costs $5. The patch comes in brown and peach colors, and the puss comes in standard and blue glitter colors.
Who founded Pop it Pal?
Summer and Billy Pierce are a married couple and are the founders of Pop It Pal. Summer asked Billy to recreate a pimple popping device.