Lulu Bang update

Lulu Bang Update | Shark Tank Season 8

Ashley, Kelly, and Jorrae Beard realized their restaurant customers were hungry for something different—unique, flavorful sauces that weren’t readily available. To solve this, they launched LuLu Bang, a line of bold, homemade sauces to bring those distinctive flavors to a wider audience. Will the sharks recognize the potential and invest in LuLu Bang? Let’s jump into our LuLu Bang update and pitch recap to find out.

SharkResult
Lori GreinerNo offer
Kevin O’LearyNo offer
Robert HerjavecNo offer
Mark CubanNo offer
Daymond JohnNo offer

Shark Tank Lulu Bang Pitch

Shark Tank Lulu Bang update
  • Entrepreneurs: Jorrae and Kelly Beard
  • Business: Barbeque and marinade sauces
  • Ask: $150,000 for 10% equity
  • Result: No Deal
  • Sharks: None

Ashley, Kelly, and Jorrae began their pitch by introducing LuLu Bang, a line of sauces inspired by their family recipes and culinary background.

They explained the investment would help meet growing demand, as their sauces were already sold in major retailers like Walmart.

LuLu Bang offers four unique flavors: Original BBQ, Bourbon Marinade, It’s Just Hot, and Asian Persuasion.

These sauces are designed to enhance a variety of dishes, from chicken and seafood to pasta and rice.

Whether you’re grilling, marinating, or just looking to add some extra flavor to a meal, LuLu Bang’s sauces offer a fresh take on traditional barbecue and marinades.

Moreover, they appeal to anyone who enjoys bold, delicious food.

The sauces are also available in affordable bundles. This makes them a great option for anyone looking to elevate their cooking without breaking the bank.

Joyce’s LuLu Bang provides a simple yet flavorful way to add a kick to everyday meals.

Then the ladies handed out samples of their sauces to the sharks. They confidently claimed their sauces could make anything taste good.

However, while the sharks enjoyed the taste, Kevin expressed concerns about the challenges of breaking into an already crowded market.

However, the entrepreneurs impressed the sharks by revealing that LuLu Bang was already on the shelves of 170 Walmart stores.

Each jar costs $1.94 to produce and retails for $3.99. The company sells around 500 units a week across all its stores.

Due to the brand’s relatively new status, online sales were slower.

Kevin O’Leary doubted that $150,000 would be enough to build a strong brand and decided to pass.

Daymond John, drawing on his experience with another sauce brand, Bubba Q, acknowledged the challenges of marketing a new sauce. He decided to opt out as well.

Robert Herjavec found the packaging confusing and didn’t see himself as the right partner, so he stepped away.

Lori Greiner pointed out that the sauce market was already saturated, leading her to decline.

Finally, Mark Cuban praised the team for their accomplishments but didn’t see room for an investor, making him the last shark to bow out.

In our Lulu Bang update, let’s see if the shark’s rejection discouraged the sisters from pursuing their vision.

Shark Tank Lulu Bang Update

Our Lulu Bang update found that shortly after airing, the company experienced an immediate boost in sales. They racked up $60,000 in sales within just 72 hours.

This momentum carried their sauces onto the shelves of over 100 Walmart stores.

Moreover, they also expanded to several ShopRite locations across nine states, including New Jersey and Pennsylvania.

In January 2017, our research into the Lulu Bang update revealed that the sisters opened a pop-up restaurant called Lulu Bang Burgers & Wangs. This took place at The Common Table in West Philadelphia.

The spot offered signature dishes featuring its unique sauces, though it eventually closed its doors.

At the time of writing, Lulu Bang commands a higher price than at launch. It continues to sell through its website and retail partners.

Since Shark Tank, the company has grown to around $1-$2 million in annual revenue.

We can call this Lulu Bang update a success.

For more Shark Tank Season 8 Episode 6 company updates, be sure to check the links below:

Before you go, check out our Shark Tank Season 8 page for more updates.

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Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. He started Shark Tank Recap because he wanted a single place to track what happens to the companies, founders, and deals after they air on TV. With a sharp eye for business insights and a passion for all things Shark Tank, Andrew makes sure every recap is accurate, engaging, and fun.