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Greatest Shark Tank Success Of All Time

Greatest Shark Tank Success Of All Time

6th Oct 2020

The last cleaning product you'll ever try. Scrub Daddy still holds the trophy as the biggest Shark Tank success story of all time. For good reason. It’s simple, cheap and brilliant. 

The popular reality series Shark Tank has fascinated American audiences for over a decade, while the Australian version has enjoyed 4 seasons to date. So what are the greatest Shark Tank successes of all time? It’s a great trivia question.

Coming in at number 3 is Tipsy Elves turning holiday-themed clothing into big bucks.

Ranked 2nd is the Squatty Potty, a personal aid toilet stool. Within 24-hours of the deal, Squatty Potty saw $US1 million in sales.

And at Number 1 is Scrub Daddy.

If you haven’t heard the name Scrub Daddy, you may have been living under a rock. When it comes to success stories and humble cleaning products, Scrub Daddy takes the prize.

In 2012, entrepreneur Aaron Krause appeared on the US version of Shark Tank and pulled off what many people regard as the most successful Shark Tank deal of all time. Investor Lori Greiner struck a $200,000 deal which, to date, has translated into more than $US100 million in sales.

Krause was in Australia in 2019 meeting with the big supermarket chains. Australians are famous for their interest in and take-up of eco-friendly cleaning innovations. Scrub Daddy certainly ticks those boxes.

And just in case you thought Scrub Daddy was a one-hit-wonder, consider this: Krause and his innovative company now produce the Scrub Mommy, the Big Daddy, the Scrub Daisy, Scrub Daddy Lemon Fresh, and the Daddy Caddy, among others.

“You can’t have just one product and expect to be a worldwide brand, you have to always be innovating,” says Krause.

Just for fun, can you name any of the worst Shark Tank pitches of all time?

The Skinny Mirror

Belinda James pitched The Skinny Mirror, making women appear slimmer than they actually are.

Throx

Socks sold in sets of three so that customers have an extra if they lose one.

Cougar Energy

An energy shot drink specifically designed to give “cougar” women the energy to chase younger men.

NoPhone

A gag antidote to our obsession with smartphones. Essentially a useless piece of plastic that somehow helps to break your phone addiction.

Or how about Wake ’N Bacon?

A wooden alarm clock that begins cooking bacon at the time it’s set to go off.

One thing is for sure: with no signs of the show's popularity waning, we can look forward to another year of the quirky, the genius and the you-cannot-be-serious. Will there ever be another hit quite like Scrub Daddy? Only time will tell.