“You Smell Soap,” the handcrafted soap company that not only cleanses your skin but also leaves you smelling amazing. With unique fragrances like bacon, campfire, and beer, this soap is sure to delight your senses.
You smell soap is a soap brand founded by Megan Cummins. You smell soap have variant smelling soaps like lemon verbena, Lavender Mint, and others.
They claim to benefit your skin by brightening your skin, providing moisture, and softness. In season 3 episode 303, its founder came on Shark Tank for investment, while the company was in its pre-venture state.
You smell is a luxury brand that is manufactured with different organic ingredients. Megan also made a paper wipe to freshen up while traveling which is a new addition to her store.
You smell soap at a glance:
| BUSINESS | Luxury Soaps brand |
| ENTREPRENEUR | Megan Cummins |
| ASKED FOR | $55,000 For 20% |
| ACCEPTED OFFER | $55,000 For 20% + $50,000 as salary |
| SHARK | Robert Herjavec |
| BUSINESS STATUS | Acquired |
| Buy on Amazon | Buy Now! |
Index:
Who is the founder of You smell soap?
Megan Cummins, the founder of You smell soap, says that it was a college activity of making a unique product with a label and attractive packaging, towards which she worked and made it her brand.
Megan used to work as a graphic designer before indulging herself full-time in her own business. Her husband-to-be also supported her and he also got involved with her full-time, which gave a boost to the brand. She built the You smell college activity product into a luxury brand and was confident that her product will enrich the market and will provide her company with a huge profit.
How was the You smell soap shark tank pitch?
To expand the business and to fulfill the demand, Megan needed an investment that made her stand in front of the sharks.
Megan and her fiancée came on the show with a pitch of $55,000 for 20% shares in return. Megan gave some samples to the sharks and explained that their product is pre-venture as they were not confirmed about their customer numbers and also stated the production and benefits of it like providing moisture, softness, and brightness to skin.
It is safe to use as it is made of organic ingredients.
Mark Cuban offered $50,000 for 20%. Suddenly, Barbara jumped into the statement and offered a deal of $55,000 for 40% plus 10 cent royalty on each bar.
Apart from that, a good offer came from Robert as he offered a deal of $55,000 for 20% plus $55,000 as salary so Megan could invest her full time in the business. It was a quite golden opportunity and Megan didn’t miss it. She grabbed the deal.
What happened to You smell soap after shark tank?
After Shark Tank, it didn’t seem the same as appeared on television, Cummins didn’t receive the amount from Robert. Robert changed his offer off-screen demanding 50% of the company which was turned down by Megan.
Even then Megan and her fiancée jumped into a full-time business for You smell and made it successful, even though their product was on Amazon. In 2014, Megan found that the valuation of the company was not quite the same as she predicted, she sold it to an anonymous company for an anonymous amount.
After her exit from You smell, Megan started to work on something new called SparklePop which is a jewelry fashion company. We really wish her good luck with her new initiative.
What’s the net worth of You smell soap?
You smell soap was quite an attractive product because of its features, which surely gave some revenue to the business. Later, their product was on the online market – Amazon.
While it was in the testing stages, a few of the local retailers wanted to place an order for more as it was attracting customers. Unfortunately, in 2014 Megan sold the business and You smell went away from her hand. At the time of the shark tank appearance, You smell soap was valued at around $1 million.
Investors of You smell soap:
Robert Herjavec is an American television personality, investor, entrepreneur, speaker, author, a businessman who had offered and made a deal with You smell which he later modified and demanded 50% of the company instead of 20% as per the first deal which was turned down by Megan.
Megan and her fiancée themselves worked on it and achieved a few targets.
Interesting facts:
Some interesting facts about the You smell
- You smell gives brightness to your skin
- It moisturizes your skin for a long duration
- You smell is made of organic ingredients
- It has two flavors- Lemon verbena and Mint
- Its founding idea was generated from a small college project activity
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What is You smell soap?
You smell soap is a soap brand founded by Megan Cummins. You smell soap have variant smelling soaps like lemon verbena, Lavender Mint, and others.
Who founded You smell soap?
Megan Cummins, the founder of You smell soap, says that it was a college activity of making a unique product with a label and attractive packaging, towards which she worked and made it her brand.