Ep 16. Episode 16
- TVPG
- January 14, 2018
- 43 min
In Shark Tank season 9 episode 16, entrepreneurs from different parts of the country pitch their inventions to the Sharks and fight for an investment in their businesses. In this episode, five new contestants share their innovative ideas with the Sharks in hopes of securing a deal.
First up is an entrepreneur who has created a product that can transform any standing desk into a treadmill. The Sharks are intrigued by the product and ask for a demonstration. They also question the entrepreneur about the market for such a product and their marketing strategy.
Next, a group of entrepreneurs pitch a new type of shoe that can be customized and changed to fit any occasion. They showcase the different accessories that can be added to the shoe to change the look and style. The Sharks are skeptical about the product's durability and question the entrepreneurs on their sales strategy.
Third in the lineup is an entrepreneur who has created a unique device that can help doctors and nurses efficiently administer medication to patients. The Sharks are impressed by the device and ask for a demonstration. They also question the entrepreneur about the market competition and patent infringement issues.
The fourth entrepreneur pitches a new type of food product that is organic and non-GMO. The Sharks are excited by the health benefits of the product and ask for a taste test. They also ask the entrepreneur about their distribution strategy and how they plan to compete with established brands.
Finally, an entrepreneur pitches a new type of security system that can be controlled through a smartphone app. The Sharks are interested in the product's potential uses and ask for a demonstration. They also question the entrepreneur about the patent and intellectual property issues surrounding the product.
Throughout the episode, the Sharks challenge the entrepreneurs to defend their business ideas and negotiate deals. They ask tough questions about the market competition, profit margins, and scalability of the businesses. Ultimately, the entrepreneurs must convince the Sharks that their products are worth investing in.
Shark Tank season 9 episode 16 showcases a diverse range of innovative products and business ideas. It demonstrates the importance of creativity, market research, and strategic planning in starting a successful business. The episode also highlights the exciting opportunities available for entrepreneurs who can convince investors to believe in their ideas.