potato parcel shark tank
For $14.99, you can send a Potato Pal â a potato topped with a photo of someone's face. That is when they took the business seriously. But after hearing the business' sales â $25,000 in the month before the show's taping with a 70 percent margin â Kevin O'Leary was interested. Potato Parcel first appeared on ABC’s entrepreneur-themed program Shark Tank in 2016. Like CNBC Make It on Facebook, Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank. Shark Tank Tales is an independent fan site created to keep visitors up to date with news, reviews, outcomes and updates on the entrepreneurs and businesses that have appeared on Shark Tank. ", Don't miss: These parents created a healthy chip their sick son could eatâand the business just got a $1.25 million 'Shark Tank' deal, Like this story? In October 2015, Bekhit acquired Potato Parcel from Craig for Tonight’s new episode of “Shark Tank” is here, and there’s one thing that we’re (of course) hoping to have more so than anything else: Entertainment! "I don't look at it as a potato company, I look at it as, we're a gifting company," Bekhit explains. There have been a some complaints about the quality of the potatoes or unreceived packages. Despite this, Potato Parcel continues to receive thousands of positive reviews from customers who love a conveniently simple and funny way to put a smile on someone’s face. If you want to give a gift with a brimful of surprise, Potato Parcel will never let you down! Since airing on the show, Potato Parcel has sold over 70,000 potatoes, Bekhit says. Thinking of sending a Birthday, Congrats, Get Well Soon card? ABC's Shark Tank features aspiring entrepreneurs as they deliver their business or product pitches to a panel of seasoned entrepreneur-investors - the Sharks. Besides that, Potato Parcel Shark Tank Deal likewise offers another arrangement of things at brought down costs every day through Potato Parcel Shark Tank Deal discounts. "It's just stupid on a stick," billionaire Mark Cuban said on the episode. The business, which appeared in a 2016 episode of ABC’s “Shark Tank” and struck a deal with Kevin O’Leary, now employs seven people full time to create and sell the potato designs. Reportedly, profits per month ranged between $10,000 and $13,000. It’s quite ironic that Dirk was the first NBA player to post his potato given that Potato Parcel was on Shark Tank last year. The cast of Shark Tank includes Mark Cuban Lori Greiner, Barbara Corcoran, Daymond John, Robert Herjavec and Kevin O'Leary alongside a rotation of celebrity guest sharks, who each invest their own money at their discretion. Best Selling â Most Successful Shark Tank Products. Potato Parcel on Shark Tank Two men in potato suits and sunglasses walked onto the stage, and faced the Sharks. Alex Craig, founder of Potato Parcel, and "Chief Potato Officer," Riad Bekhit, are bringing a unique twist to the message sending industry. The idea for Potato Parcel sprouted from a viral Reddit post featuring a stamp covered potato which had been mailed to someone. Shark Tank Tales cares about your data and would like to use cookies to make your experience better. Potato Parcel | Send an anonymous message to anyone...on a Potato! Check out our fun selection of Shark Tank-approved products here. "I started helping him fulfill orders because I had some e-commerce experience and he didn't," Bekhit tells CNBC Make It. Alex Craig and Riad Bekhit pitch Potato Parcel, one of the most unique business ideas to ever come through Shark Tank in Season 8, Episode 6. Potato Parcel is the ‘spud’tacularly viral service that lets you send a potato with a personalized message on it to anyone, anonymously or not. Send an image or message to anyone...on a potato! It was then that co-founder Alex Craig decided to monetize the idea, but allowing people to send potatoes with fully customized and anonymous messages. ", Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, © 2021 CNBC LLC. Potato Parcel made headlines in early 2017 after dozens of NBA players were anonymously sent potatoes. Potato Parcel was later sold to co-founder, Riad Bekhit in October 2015. It’s the perfect way to add a ‘hash’ of humor (and a little confusion) into the lives of your friends, family, lovers, haters, coworkers, bosses, or even your secret crush. Potato Parcel has expanded shipping to Australia, Canada, Europe, and the United Kingdom. As seen on Shark Tank! With Barbara Corcoran, Mark Cuban, Lori Greiner, Robert Herjavec. Originally, Potato Parcel was based in Dallas, Texas. Now entering its 12th season, Shark Tank continues to prove that the American Dream is alive and the future of entrepreneurship is strong. While some took to the idea of personalized potatoes like ducks to … In 2016, Potato Parcel Founders appeared on shark tank to pitch their business, they asked for $50,000 for 10% equity in Potato Parcel. Shark Tank October 29, 2016. Funny replacement for greeting cards. Aaron Liskov and Andrew Zahornacky hope the Sharks like UnPack, their service that packs, rents, and delivers clothing to your travel destination. I recently caught up with Riad Bekhit, owner and self-proclaimed Chief Potato Officer at PotatoParcel.com, after he appeared on ABC’s Shark Tank and secured a $50,000 investment for his spud-powered enterprise.Bekhit acquired Potato Parcel on Flippa in 2015, and he’s since rapidly grown the business, which now generates $25,000+ in monthly sales of…potatoes. It’s the perfect way to add a ‘hash’ of humor (and a little confusion) into the lives of your friends, family, lovers, haters, coworkers, bosses, or even your secret crush. "He was kind of trying to transition out of that business." Surprise gift box included. At first, the Sharks found the idea hilarious until the entrepreneurs told them they had already sent 12,000 messages and made sales of $215,000. Send a potato. It's All About China. That’s why gifting it adds humor (and brings a little confusion) to everyone who receives it. Yearly sales top six figures. Potato Parcel is an unconventional messaging service that that will write your custom message on a potato and send it through the US Mail. History. "People use us in the same way they use greeting cards. Alex met Riad Bekhit, who was running an e-commerce business in a chat room and Bekhit started to help out Craig with his business. Potato Parcel is the ‘spud’tacularly viral service that lets you send a potato with a personalized message on it to anyone, anonymously or not. Anonymous or not. Surprise gift box included. This is the stupidest idea I've ever heard,'" Craig told WFAA in Texas in 2015. Mail a potato. Craig said he would buy the potatoes from the local neighborhood Walmart. In May 2015, Potato Parcel was founded by mobile app developer Alex Craig, a 24-year-old University of North Texas alum, and was later promoted on Reddit. All Rights Reserved. Potatoes for everyone! Shark Tank: Potato Parcel Gets Deal from Kevin O’Leary for $50,000. Potato Parcel - Send a message on a real potato! The business, which appeared in a 2016 episode of ABC's "Shark Tank" and struck a deal with Kevin O'Leary, now employs seven people full time to create and sell the potato designs. We're just using a different medium to do that.". Most importantly, these potato heads have proven that with any idea, you can get a Shark on board and most importantly, be very successful. If I had to guess, I’d say Kevin O’Leary will add up the costs to start a competing company when valuing this business. The most unique and unexpected gag gift there is! "People respect it and they actually find it really funny.". Potato Parcel is a service that allows you to send anyone a potato with a personalized message on it. Come to think of it. Later that year, Craig met Bekhit through an online chat room. "I personally think that taking this seriously as far as a shark investing is crazy," investor Lori Greiner added. If the Sharks like what they see, they'll take a chance and make an offer to invest. This is … ‘Shark Tank’ review: Joyce’s Lulu Bang, unPack, Sunscreenr, and Potato Parcel. The idea for Potato Parcel sprouted from a viral Reddit post featuring a stamp covered potato which had been mailed to someone. Potato Parcel, a service that sends messages on potatoes, entered the Shark Tank in Season 8. The funniest alternative to greeting cards or flowers. So in October of 2015, Craig agreed to sell the business to Bekhit for $42,000. Sound too strange to be true? They introduce themselves as Alex Craig and Riad Bekkit. Funny replacement for greeting cards. Customers can order a potato with a message written for any occasion, from anniversaries to birthdays. But Bekhit's business is an unlikely one. Potato Parcel’s Riad Bekhit, left, and Alex Craig, right, during their pitch on Shark Tank. Potato Parcel $ 10.00 PotatoParcel is a service that allows you to send anyone in the U.S. (for international orders, visit our International tab) a Potato with a personalized message on it. It’s rare to see a customized potato. Alex Kenjeev joins Kristen Scholer and Kori Hale on the floor of the New York Stock Exchange to talk about Potato Parcel, Shark Tank, and the robots that are coming for your job. A post shared by Potato Parcel (@potatoparcel) on Feb 1, 2017 at 3:22pm PST The pair revealed that in the 13 months the company has … "On our second day that we were live, and we started promoting it on Reddit, and we got $2,000 in orders, and I just knew this was it.". That Potato Parcel Guy From Plano Was on Shark Tank and a Shark ... an opportunity on the horizon that Craig didn't want to miss out on — an appearance on the entrepreneur-focused show Shark Tank. The pair appeared on "Shark Tank" together in 2016, and many of the sharks were more amused than impressed. Business partners from Carrollton, TX, pitch a business that delivers an unusual twist to a common vegetable; a Shark loves the taste of a unique barbeque sauce inspired by the mother of two sisters from Philadelphia, PA; two millennial entrepreneurs have an idea to alleviate the hassle … Without skipping a frite, Alex got to work on his website which he built using Shopify. Riad had first started off helping Alex fulfill orders before purchasing the business for $42,000. He agreed to invest $50,000 in exchange for 10 percent equity in the business, adding an additional royalty agreement. Within a day of launching, the site had its first sale and within 2 days had over $2,000 in orders! As seen on Shark Tank! In January, O'Leary told The New York Times Magazine that Potato Parcel is one of his top five favorite investments from "Shark Tank. Perfect for birthdays, holidays, love notes, or any occasion. He sells $9.99 potatoes with handwritten messages through the mail. The business was founded in May 2015 by Alex Craig, a Texas resident inspired by a viral Reddit post of a potato covered in stamps. In many ways, Riad Bekhit is what you'd expect of a young entrepreneur: He runs an e-commerce business, lives near San Francisco, is 28-years-old, and has backing from a high profile investor. In October 2015, Potato Parcel was sold to Bay Area entrepreneur Riad Bekhit for $40,000 and moved to San Bruno, California. Potato Parcel Before Shark Tank Potato Parcel Shark Tank Deal is an incredible place to discover Potato Parcel Shark Tank Deal deals on a great variety of things with their wide assortment of choices. 3 years and thousands of sales later, business is still booming for Potato Parcel. ", For Bekhit, the future of Potato Parcel is promising: "It is a great business, which is why I'm still doing this after three years. Their pitch may be revisited in the upcoming 20/20 Shark Tank: The Greatest of All Time special. By August, Craig was bringing in $10,000 in profit each month, WFAA reports. Save my name, email, and website in this browser for the next time I comment. They allow you to send a message to someone written on a potato!Become a BroadbandTV... On this episode of Shark Tank Breakdown, we are covering … Featured on Shark Tank, CNBC, Forbes, and The Steve Harvey Show! Potato Parcel has undoubtedly seem its fair share of taters but its fair to say that these ‘fries’ will be ‘chipping’ around for a while. But Alex would remain on board to help get Potato Parcel onto the Shark Tank. Potato Parcel - Send a message on a real potato! It divided public opinion. Shark Tank episode 805 features 4 new companies seeking funds from the wealthy Sharks to start, grow, or save their businesses. "I'm running a wacky business, but it's nothing to be ashamed of," Bekhit tells CNBC Make It of his company, Potato Parcel. Watch Potato Parcel on the brand new Shark Tank Episode 806 next Friday night, October 28, 2016, and see if the Sharks invest in this rather unusual, but extremely profitable online business. 1 potato donated for every one sold. The joke further contributed to the company’s already viral success and helped to drive even more sales. According to Riad, they’ve sold over 70,000 potatoes since the show aired, earning over $700,000 in sales. A Division of NBC Universal, This multimillion-dollar business started as a way to help the founders' sick son, How start-up backed by Gates, Bezos aims to make unlimited clean energy, 23 Black leaders who are shaping history today, Amex launches a $200 statement credit offer for the Amex Blue Cash Everyday Card, These parents created a healthy chip their sick son could eatâand the business just got a $1.25 million 'Shark Tank' deal. When Craig shared the idea for Potato Parcel with his girlfriend at the time, "she said, 'You will not sell a single potato.
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