Amy Leinbach and Marlo Leinbach came onto
Shark Tank Big Bee Little Bee Update
- Entrepreneurs: Amy Leinbach and Marlo Leinbach
- Business: Kids Accessories / Toys
- Ask: $100,000 for 20% equity
- Result: No deal
- Sharks: None
Big Bee Little Bee has tons of products, but the main one Amy and Marlo are promoting to the sharks is their new marker holder. The product unit costs $2.71 for the company to produce, but sells at a price point of $15. While this is slightly more expensive than what might be affordable to some parents that are shopping for accessories like this, the margins are really quite good. The company also had a variety of other accessories, including a cleanable straw and a separate scrubber that reduces germs.
Does your child forget to put their marker caps back on? Let markers roll off their desks and out of sight? Marker Parker helps your child keep track of their markers while drawing, so you're not left chasing down marker caps and throwing away dried out markers over and over again! The tapered, tightly fitting columns grip the marker caps, allowing your child to remove a marker without removing its cap. And when a marker runs out of ink over time, it's simple to just swap in a new marker. It's the perfect non-permanent solution to marker storage and organization!
Big Bee Little Bee’s lifetime sales generated more than $200,000, but it was mostly carried by the unique cleansing scrubber. New products were in the pipeline and Amy and Marlo pledged that they would be a part of the business that is being pitched to the sharks as well.
Kevin O’Leary brought up a few of the financial problems with the business, particularly that it was not generating a net profit in recent years. For that reason, he dropped out. Mark Cuban also admitted that he was going to be dropping out. Due to the financial struggles of the business and the lack of focus on a single product, all of the remaining sharks also dropped out.
With all the sharks dropping out, what happened to the company? Let’s find out in our Big Bee Little Bee update.
While Amy and Marlo were forced to depart as a mother and daughter without receiving a deal, they have remained laser-focused on the business. Interested customers can order their favorite products from this company by visiting the official website.
Just like most products that appear on
We can’t wait to see what product Amy and Marlo come up with next, and share it in a future Big Bee Little Bee update!
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