Surf Band Pro Sunscreen Dispenser Update | Shark Tank Season 14
Surfers needed a way to keep sunscreen with them while out on the water, but there was no way to carry it. That is, until Greg Demirjian created a smart solution to this problem! Will his product earn him a deal on
Shark Tank Surf Band Pro Update
- Entrepreneurs: Greg Demirjian
- Business: On-the-go sunscreen dispenser
- Ask: $150,000 for 10% equity
- Result: No deal
- Sharks: None
Greg brought his handy on the go sunscreen dispenser, the Surf Band Pro to
Greg told the sharks that manufacturing for the product had only just begun a month prior to filming. This meant that the company had virtually no sales.
The product will retail for $19.95 online directly to consumers. Manufacturing costs are just under $5 per unit.
The margins were acceptable, but the big problem for the sharks was the lack of sales.
Barbara Corcoran said the market was too competitive, so she went out. Mark Cuban wasn’t interested in the product, so he too went out.
Lori Greiner felt the product was too niche as is, so she went out as well. Kevin O’Leary and Robert Herjavec went out for similar reasons.
Without an offer from any of the sharks, he was forced to leave
We caught up with Greg to get an official Surf Band Pro update and we have some great news to share! Greg told us that since airing, “people have been purchasing non-stop.”
He went on to say, “Customers have been writing us to say how much they love the product and coming up with suggestions that are really great ideas.”
Since appearing on the show, Surf Ban Pro has partnered with the United Nations to help promote its United to Beat Malaria campaign. “We see the potential of our product helping people combat malaria in the future as day-biting mosquitoes are a new behavior,” Greg told us.
“For every band that you purchase, we are donating the equivalent to United to Beat Malaria.”
We are so glad to share a positive Surf Band Pro update and know that the future is bright for Greg. To learn more, check out the official Surf Band Pro website.
Do you want to learn about the other companies featured in Season 14 Episode 15? Follow the links below for our other company updates from the episode.
For even more on companies and products, be sure to stop by our Season 14 Products Page!
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Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!