Shark Tank Pitch

Spatty Shark Tank Update

Published:

2m

Easley, SC



Pitch Overview
NameSpatty
Main PresentersCheryl Rigdon
Presenter Image
Spatty Entrepreneur Image
Product Image
Spatty Product Image
Last Known in Business9/23/2022
Main Location

Easley, SC

Loading Map

Order Shown in Episode3
Final DealAll Sharks went Out

The Pitch

Cheryl Rigdon was forced to throw out the last bit of expensive, bottled beauty products because it was unreachable, so Cheryl created miniature spatulas to scoop out product.

The sharks get a good laugh out of the Spatty and the larger version, the Spatty Daddy. Cheryl has a southern accent and charm that wins the sharks' hearts over, however, she has only sold 15 hand-made prototypes on eBay.

While the sharks are rooting for Cheryl, they all go out. Lori gives Cheryl some guidance, and Daymond offers to give Cheryl the phone numbers of some players in the make-up space.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$50k for 40% of company
SharksOutKevin O'LearyOut
SharksOutMark CubanOut
SharksOutRobert HerjavecOut
SharksOutDaymond JohnOut
SharksOutLori GreinerOut

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Lori Greiner
Lori Greiner

Lori Greiner

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
424

Update After Shark Tank

In an interview

Link Preview

interview

https://www.sharktankblog.com/cheryl-rigdon-update

with Shark Tank Blog, Cheryl Rigdon said that on the week Shark Tank aired the Spatty website had 100k visits and 1k pre-orders placed. She used the money to get the molds made and filled the orders.

Cheryl was a speech teacher for special needs students at the time, and her husband and father were not optimistic about the idea of pursuing the Spatty. Cheryl grew the Spatty slowly without borrowing money. Daymond and his team were helpful to Cheryl along the way.

In season 4, episode 24, Cheryl gave an update that she has received 7000 preorders for Spatties on her website. Sales have reached $32k, which she put toward getting a mass-producible version made at a factory. Daymond helped Cheryl find a licensing deal.

In a 2020 interview

Link Preview

interview

https://mybrandjourney.com/brand/starting-a-mini-spatula-business

, Cheryl said Spatty had sold $2 million worth of Spatties since Shark Tank. The Spatty is in several brick and mortar stores like Walmart and Bed Bath and Beyond but she would like to improve her own website and do more sales through it moving forward.

In 2022 the Spatty is an ongoing success. They may be running out of content idea and I don't hate their creativity. For example on their Twitter, @TheSpattyDaddy

Link Preview

@TheSpattyDaddy

https://x.com/TheSpattyDaddy

, a recent post suggests the Spatty is a good tool to use to follow words as you read or as a bookmark. Other posts often show the Spatty being used with food and other applications.

In 2022 there are Spatties for beauty, kitchen, handyman, crafting, and their latest skew: wiping babies' butts. The Spatty can be purchased on their website, thespatty.com

Link Preview

thespatty.com

https://thespatty.com

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@SharkTankUp