Dingle Dangle Shark Tank Update | Season 15 Episode 10

During Shark Tank Season 15, Stewart Gold, a diaper-changing father and entrepreneur, pitched Dingle Dangle, his innovative baby toy designed to keep babies entertained during diaper changes.

This adaptable toy can be converted into multiple play options, making it a versatile toy option for parents.

Did any of the Sharks see the potential in Stewart’s invention and decide to invest?

Or,

What happened to Dingle Dangle after Shark Tank?

Find out all the details in our thorough analysis on Dingle Dangle Shark Tank update and pitch recap…

If you’re short on time, here’s a quick overview of what happened to Dingle Dangle after Shark Tank:

Dingle Dangle On Shark Tank

Dingle Dangle Shark Tank Deal

• Business: Baby Toy
• Entrepreneur: Stewart Gold
• Asked For: $75,000 for 20% equity
• Shark Tank Deal: $75,000 for 20% equity
• Shark: Kevin O’Leary

Dingle Dangle Company Info

Dingle Dangle Baby Toy Overview

Dingle Dangle is an innovative baby toy designed to hold a child’s attention during diaper changes, a challenging task for many parents.

The product, which can convert from a headband mobile to a stroller attachment or rattle, allows parents to keep their hands free while changing their baby.

Stewart Gold, a dad himself, came up with the idea after struggling with his own squirmy child during diaper time. The multifunctional nature of Dingle Dangle makes it a versatile tool for keeping babies occupied on-the-go, in public restrooms, or even at home.

In 2020, Stewart filed a utility patent for Dingle Dangle, aiming to protect his novel concept. However, during his pitch, he didn’t clarify whether this patent had been officially granted.

Shark Tank Dingle Dangle Pitch Recap

When entrepreneur and new dad Stewart Gold pitched his baby distraction toy, the Dingle Dangle, on Shark Tank Season 15, it was clear he had firsthand experience with his product’s core problem.

Stewart shared that his inspiration for Dingle Dangle came from his own experience of changing his baby’s diaper—often a challenge, as his restless child turned it into a mini wrestling match.

His idea was a unique hands-free solution: a headband that suspends a toy from the parent’s forehead, capturing the baby’s attention and freeing up the caregiver to make quick work of diaper duty.

The Dingle Dangle baby toy is not only a headband accessory but a multipurpose tool. Its dangling toy detaches and easily converts into a mobile attachment for strollers, car seats, or even a rattle, making it versatile enough for use beyond the changing table.

Stewart explained that this adaptability was a key selling point, especially when changing diapers in public restrooms where keeping a baby occupied can be even more challenging.

He also mentioned a patent he filed in 2020 for Dingle Dangle, though he wasn’t able to confirm its approval status during his pitch.

Dingle Dangle Baby Toy Cost & Sales Breakdown

The Sharks were initially impressed by Dingle Dangle’s functionality, especially given how relatable the problem was to anyone who had ever changed a wiggly baby’s diaper.

However, they quickly pivoted to the business numbers. Stewart shared some impressive early figures: in 2022, he generated $67,000 in sales but unfortunately ran out of stock in just two months.

Dingle Dangle retails at $40 per unit, with manufacturing costs at $11.75 and an additional $15 for shipping and handling, allowing a healthy profit margin.

He was on track to reach $185,000 in sales for the year but only projected to net between $10,000 and $15,000 by year-end. His best month so far had brought in $15,000, a promising number in the eyes of potential investors.

Sharks’ Queries For Dingle Dangle Baby Pitch

Guest Shark Candace Nelson shared that she’s actually in the early-childhood space. According to Candace, the product could be helpful for occupational therapists.

Stewart explained that the toy was initially marketed as a sensory aid before shifting to its primary focus as a baby gift, appealing to parents looking for practical yet fun items for their children.

However, when Kevin O’Leary asked about Stewart’s long-term goals for the business. The founder responded that he hoped to move Dingle Dangle into licensing.

He envisioned partnerships with sports teams, broadening the product’s appeal and reach. Unfortunately, Kevin wasn’t sold on the licensing route, and since he no longer had babies at home, he opted out.

Mark Cuban expressed his appreciation for the product’s utility but questioned whether the business model could scale enough to be a worthwhile investment. He felt that Dingle Dangle might struggle to grow beyond its niche market, prompting him to drop out as well.

Daymond John also admired the practicality of the Dingle Dangle but decided it wasn’t the right investment fit for him, despite his understanding of the parental struggle it addressed. He, too, declined to make an offer.

Lori Greiner and Candace Nelson’s Concerns

Lori Greiner was initially enthusiastic about the concept. However, she ultimately raised concerns about the limited use period for the Dingle Dangle. The functionality of the product would likely only appeal to parents during the earliest stages of their child’s development.

This specific time frame made the market appear too narrow to Lori, leading her to pass on the investment opportunity.

Candace Nelson was the last to drop out, despite being interested in its sensory play angle. Her reservations stemmed from a divergence in strategy.

While she appreciated the product’s therapeutic benefits, Stewart’s vision of taking Dingle Dangle into sports team licensing didn’t align with her expectations for the product’s direction.

With her exit, it seemed Stewart was leaving the tank without a deal.

Dingle Dangle Shark Tank Deal

As all the Sharks declined to invest, Stewart took a final shot to persuade them. He re-emphasized the product’s demand, its unique angle, and the overwhelmingly positive response from parents, which had led to quick sellouts.

This persistence sparked a new interest in Kevin O’Leary, who had initially bowed out but was now intrigued enough to reconsider.

Kevin offered a deal of $75,000 for 20% equity, plus a $1 royalty per unit sold. It was a royalty structure that Kevin often favors, allowing him to recoup his investment while generating a steady income from sales.

Stewart was thrilled with the offer, as it secured him both the funding and the Shark endorsement he’d sought.

He accepted the deal, sealing a partnership with Kevin that included both equity and a per-unit royalty.

This turn of events demonstrated Stewart’s resilience and willingness to fight for his business, leading to a last-minute win.

So, how did everything turn out for Dingle Dangle following Shark Tank?

Keep reading our thorough analysis on Dingle Dangle Shark Tank Update to find out!

Dingle Dangle Shark Tank Update

What happened to Dingle Dangle after Shark Tank?

Well, according to our analysis on Dingle Dangle Shark Tank Update: the company has gained significant attention following Stewart’s deal with Kevin on Shark Tank Show.

Although it’s still early to evaluate the deal’s impact, the Shark Tank appearance has undoubtedly boosted the product’s visibility.

• Product Availability: Currently, Dingle Dangle is available both on Amazon and through its official website. Parents can choose from a selection of designs and accessory options to suit different needs.
• Sales Growth: Since airing, Dingle Dangle’s website traffic and sales have reportedly increased. While Stewart’s initial goal was $185,000 in sales by year-end, the exposure from Shark Tank could easily push that number higher.

Dingle Dangle Shark Tank Net Worth

As of Stewart Gold’s appearance on Shark Tank, Dingle Dangle had achieved steady sales, with projections of $185,000 in revenue by year-end. However, high manufacturing and shipping costs meant his net earnings were expected to reach only around $10,000 to $15,000 by the close of the year.

Given these figures, Dingle Dangle’s net worth was modest, as Stewart worked to reinvest earnings into stock and expand his marketing reach.

Following the Shark Tank deal with Kevin O’Leary, Dingle Dangle’s potential valuation likely increased due to the brand’s exposure and Kevin’s backing. The partnership positioned Stewart to not only meet but likely surpass his sales goals, leveraging Kevin’s expertise and network.

While it’s too early to predict Dingle Dangle’s exact net worth post-show, the added publicity and funding are expected to boost both revenue and overall brand valuation.

Did Dingle Dangle Get A Deal On Shark Tank?

Yes, Dingle Dangle did secure a deal on Shark Tank, but it wasn’t easy.

Initially, all five Sharks declined to invest in the baby distraction tool, with concerns about scalability, a niche market, and differences in strategic direction.

However, Stewart Gold’s persistence paid off, as he made one final appeal, highlighting the product’s strong demand and unique design for parents with young children.

This final push convinced Kevin O’Leary to make an offer. Kevin proposed $75,000 for 20% equity in Dingle Dangle, along with a $1 per-unit royalty. Stewart accepted the offer, gaining both the capital and partnership he needed to take his product to the next level.

Dingle Dangle Reviews And Feedback

Dingle Dangle’s functionality and design have resonated with many parents, who appreciate how it helps to simplify diaper changes.

Common feedback highlights its versatility—whether as a headband, rattle, or stroller toy, Dingle Dangle has proven useful in multiple scenarios.

However, some customers have noted that the product’s effectiveness may vary depending on the child’s age or temperament. Babies over a certain age might quickly lose interest, while younger infants may engage with the toy for extended periods.

Stewart has taken this feedback into account, working on potential product updates and marketing strategies to address these insights.

Shark Tank Dingle Dangle: Where To Buy?

If you’re looking to purchase the Dingle Dangle baby toy, you can easily find it through the official Dingle Dangle website. The site offers a range of options, including the full Dingle Dangle kit and various accessories, making it convenient to shop for this multipurpose toy.

Each kit comes with the headband, dangling toy, and attachments, ensuring you have everything needed for entertaining your little one during diaper changes and beyond.

Dingle Dangle is also available on Amazon, making it accessible for Prime members and anyone looking for quick delivery. With Amazon, you can read customer reviews, compare prices, and see if any bundle deals are available, making it easier to decide which option works best for you.

What’s Next For Dingle Dangle?

With a Shark Tank deal secured, Dingle Dangle’s future looks promising. Partnering with Kevin O’Leary opens up the possibility of licensing, potentially expanding Dingle Dangle’s reach through branded versions featuring sports teams, cartoon characters, or popular franchises.

This strategy could make Dingle Dangle an attractive gift item beyond just parents, appealing to gift-givers and relatives.

The company has also expressed interest in expanding its product line to include similar multifunctional baby toys, leveraging the initial product’s popularity to build a broader brand.

FAQs On Dingle Dangle Baby Shark Tank Update

Conclusion: Dingle Dangle After Shark Tank

According to the latest Dingle Dangle Shark Tank Update: Stewart’s appearance on Shark Tank reflects the persistence required to build a successful business.

Despite initially facing rejection from all the Sharks, his tenacity led to a deal that could set Dingle Dangle up for lasting success. With plans to explore licensing, increase distribution, and expand the product line, Dingle Dangle has a bright future ahead.

The story of Dingle Dangle is a perfect example of how creativity, market knowledge, and determination can come together to solve everyday problems for parents.

While the journey is just beginning, Dingle Dangle Shark Tank update suggests that big things are in store for this innovative product.

Stay tuned for more Dingle Dangle updates as the company continues its journey after its appearance on Shark Tank.

In the meantime, you can check out more Company Updates on Shark Tank Season 15 Episode 10 by clicking on the links below:

• Vibe Ride Shark Tank Update
• Fishwife Shark Tank Update
• Heather’s Choice Shark Tank Update

Before you go, make sure to visit our Season 15 Company Updates Page, All Company Updates Page and Shark Tank All Products Page for more information on various companies and products featured in the Show.

At the same time, you can FOLLOW our blog to get the latest updates on businesses featured in Shark Tank Show. And, if you have any questions, you can send us message at your convenience.

Lastly, you can check out more Company Updates for the businesses featured in Shark Tank Season 14 by visiting our Season 14 Company Updates Page.