Our sharks for this season are Barbara, Damon, Kevin Laurie, and Mark, once again giving us a classic Tank. This time, I don’t have Robert to put in the middle, though, so I have to think about that.
Our first pitch of the night was Bunny Eyez. Entrepreneurs Jenny, Stacy, and Andrea walked into the tank looking for $200,000 for 10% of their typical and flippable reading glasses. They actually have two different utility patents on the different hinges that allow the glasses to do that different tilting and flipping.
It costs them around $4.30 to make, and they retail the glasses between 35 and $40. They started the business in the summer of 2018, and their lifetime sales are $5 million. They really didn’t give us a definitive answer about whether they were profitable or not.
They did say that they’re completely self-funded and have no debt. They said that they recoup their initial investment after the first year, but they didn’t necessarily say that they’re still profiting and making money and all that.
Shark Tank Season 15 Episode 8 Recap
Before diving into Shark Tank Season 15 Episode 9, let’s quickly recap and review the previous episode. We get a fun little sales ramp for the Bunny Eyez because the Sharks have been super into them the last couple of years. In 2018, they made $600,000 in sales. In 2019, they did 1.9 million. In 2020, they did 1.3 million in 2021, 700k, and then in 2022, 400k.
So they say that what really propelled them, in the beginning, was a bunch of celebrities found them without them even trying, and that just really took their business off right from the beginning.
They say there were two main reasons why the business started suffering. Number one was an issue a lot of businesses had, AKA the supply chain in 2020. They said they were getting broken stuff or they weren’t able to get enough of their stuff quickly enough, and that really hurt their sales.
On top of that, unfortunately, their dad was diagnosed with cancer, and they had to give a lot of attention, focus, and energy to taking care of him. But that did mean that they weren’t giving attention to the business when it needed it to grow. Unfortunately, their dad passed away from cancer in 2022.
Damon gets to ask our favorite age-old question: “Why do you need a shark? They say the biggest thing they need is distribution. They’re really wanting to get into big box stores to make as many channels as possible for selling their sunglasses. They say they just wanna get their reach as big as possible.
Pretty much, they think that if they can just get these out there into stores and have people see them, and once people try them, they’ll see how great they are, and then they won’t want to buy any other glasses. A lot more happened in previous episodes, but now let’s discuss when Episode 9 of Shark Tank Season 15 will be released and what will happen in it.
Shark Tank Season 15 Episode 9 Release Date & Preview
Shark Tank Season 15 Episode 9 will be released on 15 December 2023 on ABC. At the time of writing, 9 episodes are scheduled for this 9th season, but we think there will be at least 22 episodes like the previous seasons.
The Synopsis of Episode 9 is as follows: “We have a guest, Shark Emma Grede. A handcrafted vegan cheese company, an emergency underwear line, a wine bottle-shaped bag, and a bra substitute.”
Shark Tank Season 15 Episode 9 Release Time & Where To Watch
Episode 9 of Shark Tank Season 15 will air at 8 p.m. PT in the US. New episodes of Shark Tank Season 15 are released every Friday. The episode 9 release timings for the rest of the world are as follows:
- Pacific Time (New York) 8:00 PM on Friday, 15 December 2023
- Eastern Time (Canada) 11:00 PM on Friday, 15 December 2023
- Greenwich Mean Time (London) 4:00 AM on Saturday, 16 December 2023
- Central European Time (Germany) 5:00 AM on Saturday, 16 December 2023
- Indian Standard Time (India) 8:30 AM on Saturday, 16 December 2023
- Philippine Standard Time (Philippines) 11:00 AM on Saturday, 16 December 2023
- Australian Standard Time (Australia) 1:00 PM on Saturday, 16 December 2023
If you have ABC on your TV, you could just tune in at the time mentioned above. But, if you missed the episode while it was airing live or prefer Streaming Shark Tank Season 15, then you can stream the show on ABC’s streaming site, abc.com.
You can also catch Shark Tank S15 E9 on Spectrum and DirectTV. Alternatively, you can also watch all of the Shark Tank episodes through fuboTV if you have a fuboTV Subscription. HULU is another way or place where you can stream all the Shark Tank episodes and seasons whenever you want.
