“I’d Have To Hide It” | VoChill Shark Tank
Business Strategist, Joe Pardo reacts and gives his advice to the business VoChill pitch from Shark Tank Season 14 Episode 10.
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1842 Comments
The entrepreneurs should have been more flexible to achieve a deal with Kevin,
Average Cart Value (ACV) or Average Order Value (AOV)
Honestly I agree with Barbara. I think it looks ugly and cheap and unwieldy – I could never picture myself using it. That’s not a very good reason to go out though either honestly
ummm. its a perfectly good reason to go out. It’s an ugly product.
You do not crack open an 80 dollar bottle of wine for your important guests and say, “look at this incredible wine cooler product I just bought”….Most likely, 100% of your guests would look at you funny and ask to not use them. (experienced wine drinker from wine county in CA)
How many times does someone tell you, “If it was that good, someone would have already done it!?
Dumbest Advise in History!
I agree! What is old is new again, but with a different spin or tech involved all the time. 🙂 I appreciate you watching and commenting Jazzaconda!
Kevin’s offer was fair. I would have countered with if you can reduce my COG/CAC in half (or whatever), then your royalty is fair.
Yeah, it seemed like Kevin wasn’t super sure of himself in being able to reduce the CAC.
Thank you! I appreciate you being in the Super Community Blaze Blaze!
i dont think it looks good either. just drink faster and refill.
I prefer Joe not interrupting the video
I appreciate you Ali.
Joe keep it up great videos been watching you for a while and it might be sometimes annoying from interruptions but it adds to the video and I overtime started to like it.
Thanks Jmoney! I see you’ve been subscribed for a year already! Feels like just yesterday I started seeing you in the comments. Glad you are still enjoying the channel! 🙂
how can CPA be so high for people? It always reminds me that you could pay a motivated kid 10-15$ an hour or on commission to go house to house and let 100 people a day know about this.
Kevin’s offer is really good! 2$ won’t hurt you if you sell little and if you sell a ton you win anyway! You pay 57$ per customer, that means if Kevin gets you 1 customer he has paid for his royalty for 25 other customers. I think this will not blow up as much as they think.
if they sell 100.000 Units, Kevin gets 200K $, not even his investment, and they make 4.5 MIllion in Revenue. Those 200K won’t make or break them, when they spent 5Mil in customer aquisition. I think they should have asked for a bit more cash and really put Kevin out there as their spokesperson a guy who swims in the wine industry.
there’s a guy doing a tour of Barbara’s apartment. I think they would really not fit there, it’s more old style.
That look of “oh really ” on Mark’s face when they said its future of wine drinking
No. 1: Gurl, you are going on national TV… Keep your frumpy looking outfit of yours for your frumpy looking body OFF national TV. Wear a dress or something. Look professional. But wait, you re from Texas. Laziness, not working out, and getting fat is what Texas is all about. Oops for my advice
No.2 : Your product does not compliment the snobby wine industry. It is for the lazy drinkers that buy wine at Trader Joes or Target. That one investor was right. Ugly product
Bye
Like a moron I’ve always put my wine in the refrigerator until it’s chilled then pour it into the wine glass. I cant believe how naive I’ve been.
Short sightedness from the entrepreneur…not seeing the bigger picture ..should have offered a dollar loyalty