During Season 15 of Shark Tank, Ashley Carson and her mother, Karen Walker, presented their company, Splash Place Swim Goggles.
This innovative product addresses a challenge that Ashley encountered as a mom.
Will this dynamic duo secure a deal on Shark Tank? Or, What happened to Splash Swim Goggles after Shark Tank?
Let’s find it out in our in-depth analysis on Splash Swim Goggles Shark Tank update and pitch recap…
Table of Contents
Quick Summary
Here’s a quick summary of Splash Place Swim Goggles Shark Tank Update:
Karen Walker and Ashley Carson pitched their business on Shark Tank Season 15, securing a deal with Lori Greiner for $200,000 in exchange for 10% equity. As for the Splash Place Swim Goggles Shark Tank update, the company remains operational and generates millions in sales annually. Customers can find the goggles available for purchase on Amazon, the official company website, and in various boutiques.
Splash Swim Goggles On Shark Tank
Shark | Result |
Lori Greiner | Accepted deal of $200,000 for 10% equity |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Mark Cuban | No Offer |
Emma Grede | No Offer |
Splash Swim Goggles Shark Tank Deal
- Business: Swim googles with a stretchy, fabric band
- Entrepreneurs: Ashley Carson and Karen Walker
- Asked For: $200,000 for 5% equity
- Shark Tank Deal: $200,000 for 10% equity
- Sharks: Lori Greiner
Splash Swim Goggles Company Info
Brand Name | Splash Place Swim Goggles |
Official Website | splashswimgoggles.com |
@splashswimgoggles | |
@SplashSwimGoggles | |
Where To Buy Splash Swim Goggles | Buy Now On Amazon |
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Splash Swim Goggles Overview
Splash Place Swim Goggles emerged from a genuine need, as many successful products do. Ashley Carson, a dedicated mom, recognized the common struggle parents face: finding durable, comfortable goggles that kids will actually wear.
Traditional swim goggles often come with tight rubber straps that can be uncomfortable and prone to breaking, leading to endless cycles of replacement. Ashley decided it was time for a change.
Innovation Behind Splash Swim Goggles
Ashley and Karen created a revolutionary design featuring a super stretchy fabric band, solving multiple problems parents and children often face. Unlike typical goggles, which tend to get caught in hair, Splash Swim Goggles glide on with ease and comfort.
With over 25 unique fabric and color combinations, kids can pick designs they love, allowing them to express their personality while staying practical.
Splash Place Swim Goggles Shark Tank Pitch
Ashley Carson, a mom and the co-founder of Splash Place, steps into the Shark Tank, sharing a common frustration of parents worldwide: traditional swim goggles that break easily and are uncomfortable for kids.
Driven by her personal experiences, she designed an innovative solution—a pair of swim goggles with a super-stretchy, swimsuit-quality fabric band instead of the usual tight rubber straps.
This fabric band not only makes it easier for kids to put on their goggles but also avoids the common problem of tangled hair. Plus, the goggles come in over 25 designs and color combinations, allowing kids to pick styles they love or even match their swimsuits.
Ashley also shares her powerful backstory with the Sharks, describing the heartbreaking loss of her son and a subsequent family tragedy when her partner suffered a life-altering brain injury.
Determined to provide for her family, Ashley started a sewing business. It was during this period that she developed the initial version of the Splash Place goggles after her older son’s goggles broke and she was reluctant to buy yet another pair.
Her invention quickly turned into a business success, with the company launching in 2017 and generating impressive sales.
Splash Place Production Costs and Profit Margins
Since their launch, Splash Place has achieved lifetime sales of $6.1 million and generated $1.75 million in the year before filming. Ashley emphasizes that they are profitable and have established a market presence by selling internationally, on Amazon, on their website, and through retail partnerships.
The goggles are also affordable to produce, with a $3 landed cost and a $21 retail price.
With 14 part-time moms employed to help make the goggles, Ashley and her co-founder reveal they are seeking a $200,000 investment to purchase additional molds and support big-box retail deals in progress.
The Sharks are impressed, especially Lori Greiner, who sees huge potential in the patent-pending product.
Sharks’ Reactions And Offers
Kevin O’Leary is the first to comment, acknowledging the company’s success but expressing that he doesn’t believe they actually need a Shark’s help. He respects the business but ultimately decides to step out, saying the company is already on a great trajectory.
Robert Herjavec follows, admitting he would be a massive customer but prefers to invest in companies where he can make a more substantial impact, so he too opts out.
Splash Place Shark Tank Deal
Lori Greiner, however, sees real opportunity with Splash Place and offers $200,000 for 10% equity. Ashley, recognizing the value of Lori’s expertise but hoping for a more favorable deal, counters with a 7.5% equity offer.
Lori stands firm, emphasizing the value she can bring to help them expand, especially with her connections in retail. Seeing the wisdom in Lori’s offer, Ashley and her co-founder quickly accept Lori’s original deal, securing the $200,000 investment for 10% equity.
The Sharks are visibly moved by Ashley’s resilience and resourcefulness, and as the pitch wraps up, Lori’s involvement marks a promising new chapter for Splash Place Swim Goggles.
So, what happened to Splash Place Swim Goggles after Shark Tank? Let’s find out in our in-depth analysis on Splash Place Swim Goggles Shark Tank Update.
Splash Swim Goggles Shark Tank Update
Since their appearance on Shark Tank, Splash Place Swim Goggles has experienced remarkable growth and increased visibility, thanks in large part to their partnership with Lori Greiner.
The exposure from the show has introduced the brand to millions of potential customers, just in time for the summer season.
As a result, their sales have surged, further solidifying their position in the competitive swim gear market.
Retail and Sales Growth
Today, Splash Place Swim Goggles are available across various platforms, including Amazon, their official website, and numerous retail boutiques.
With a retail price of $21 and a production cost of just $3 per pair, the business maintains healthy profit margins, enabling them to invest in further growth opportunities. The company has also expanded its international reach, selling goggles in several countries.
Employment and Community Impact
Furthermore, Lori Greiner’s expertise has opened doors for potential collaborations with big-box retailers, enhancing their distribution network. The brand has continued to innovate, introducing new designs and fabric combinations, ensuring they remain appealing to their young audience.
As they build on their success, Splash Place Swim Goggles continues to prioritize community involvement by employing 14 part-time working mothers who help produce the goggles.
This commitment to both quality and community underscores the brand’s ethos and sets them on a path for continued success in the future.
Did Splash Swim Goggles Get A Deal On Shark Tank?
Yes, Splash Swim Goggles secured a deal on Shark Tank!
During their pitch, Ashley Carson and her mom, Karen Walker, impressed the sharks with their innovative product and compelling backstory. Lori Greiner, recognizing the potential of the stretchy fabric band design and the success they had achieved with $6.1 million in lifetime sales, offered them $200,000 for a 10% equity stake.
After a brief negotiation, the duo accepted Lori’s original offer, marking a significant milestone for their business.
The partnership with Lori Greiner has proven to be a valuable asset for Splash Swim Goggles. Not only did their appearance on Shark Tank introduce the brand to millions of viewers, but it also positioned them for greater visibility and growth in the competitive swim gear market.
With Lori’s expertise and support, the company is poised to expand its reach and continue its upward trajectory.
Splash Swim Goggles Customer Reviews and Feedback
Customer reviews and feedback for Splash Place Swim Goggles have been overwhelmingly positive, reflecting the innovative design and thoughtful features that have resonated with both parents and kids alike.
Many parents praise the goggles for their comfort, noting that the stretchy fabric band eliminates the discomfort often associated with traditional rubber straps. This has made putting on and taking off the goggles a hassle-free experience for children, allowing them to enjoy their time in the water without the struggle of tangled hair or broken straps.
Additionally, customers appreciate the vibrant range of colors and designs available, which enables kids to choose goggles that match their personalities or swimwear. This element of customization has made the product particularly appealing, as children feel more excited about wearing goggles that reflect their tastes.
Many reviews highlight the durability of the product, with parents noting that unlike other brands they’ve tried, Splash Place Swim Goggles hold up well to regular use and maintain their integrity without fraying or breaking.
Overall, the combination of comfort, style, and quality has earned Splash Place Swim Goggles a loyal customer base, with many families returning for additional pairs as their children grow or as new designs are released.
Where To Buy Splash Swim Goggles?
Splash Place Swim Goggles are widely available, making it easy for parents to find the perfect pair for their kids. You can purchase these innovative goggles directly from their official website, where you’ll find the full range of designs and colors.
Additionally, they are also available on Amazon, providing a convenient option for those who prefer to shop online and take advantage of fast shipping.
For those who enjoy supporting local businesses, Splash Place Swim Goggles can be found in hundreds of boutiques across the country. This extensive distribution not only enhances accessibility but also allows parents to check out the product in person before making a purchase.
Whether online or at a local retailer, finding the perfect pair of Splash Swim Goggles has never been easier!
Key Takeaways From Splash Place Swim Goggles Journey
The journey of Splash Place Swim Goggles illustrates several vital lessons for aspiring entrepreneurs.
Firstly, identifying a real problem and addressing it creatively can lead to significant success.
Secondly, personal stories can resonate with customers and investors alike, creating a deeper connection with the brand.
Lastly, the right partnerships can amplify a business’s reach and effectiveness.
Lori Greiner’s involvement is likely to propel Splash Place Swim Goggles into new markets, making them a household name in swim gear.
FAQs On Splash Palace Swim Goggles Shark Tank Update
Who Owns Splash Place Swim Goggles?
Splash Place Swim Goggles is owned by Ashley Carson and her mother, Karen Walker. Together, they founded the company to address common issues with traditional swim goggles, creating a more comfortable and durable option for kids. Their innovative design has garnered significant attention and success since its launch.
Did Splash Swim Goggles Get A Shark Tank Deal?
Yes, Splash Swim Goggles secured a deal on Shark Tank when Lori Greiner offered $200,000 for a 10% equity stake in the company. After a brief negotiation, the mother-daughter duo accepted Lori’s original offer, marking a significant milestone for their innovative swim goggles business.
What Goggles Does Michael Phelps Use?
Michael Phelps is known to use Speedo goggles, particularly the Speedo Fastskin line, which includes models like the Fastskin3 Elite and the Fastskin Hyper Elite. These goggles are designed for competitive swimmers, featuring a sleek fit, anti-fog technology, and excellent visibility, which contribute to Phelps’s remarkable performance in the pool.
What Happened To Splash Place Swim Goggles After Shark Tank?
After appearing on Shark Tank, Splash Place Swim Goggles experienced significant growth, thanks in part to their partnership with Lori Greiner.
The exposure from the show helped boost sales, leading to increased visibility and distribution through Amazon, their official website, and hundreds of boutiques.
The brand continues to thrive, offering a unique product that solves common issues for parents and kids alike.
What Swim Goggles Do Olympic Swimmers Use?
Olympic swimmers typically use high-performance swim goggles from brands like Speedo, Arena, and TYR. These goggles are designed for optimal comfort, a secure fit, and enhanced visibility, often featuring anti-fog lenses and UV protection. Many elite swimmers also customize their goggles to meet their specific preferences for competition.
Conclusion: Splash Swim Goggles After Shark Tank
The Splash Swim Goggles Shark Tank update highlights the remarkable journey of Ashley Carson and Karen Walker.
From a simple solution to a common problem to a thriving business, their story is a testament to resilience and innovation. With Lori Greiner as their partner, the future looks bright for Splash Place Swim Goggles.
For anyone interested in high-quality, comfortable swim goggles for kids, check out Splash Place Swim Goggles through their website or on Amazon. As they continue to expand, we can’t wait to see what the future holds for this dynamic duo.
You can also check out more Company Updates on Shark Tank Season 15 Episode 19, by clicking on the links below:
- Hibear Co. After Shark Tank Update
- Richaulist After Shark Tank Update
- Veba After 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.
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