Kobee’s Shark Tank Update: Is Kobee’s Still in Business?

SharkTank

Kobee’s Shark Tank Update | Shark Tank Season 16

What led Kobee to Shark Tank? Kobee’s passion for creating natural and accessible beauty products led him to Shark Tank. He wanted to demonstrate that lip care could be both environmentally friendly and effective.

Summary
  • Kobee’s is a company that makes natural, handcrafted personal care products.
  • The company was founded by Kobe Harris in June 2019.
  • Kobee’s products are made with only four simple ingredients: beeswax, coconut oil, sunflower seed oil, and mango butter.
  • Kobee’s products are available online through the company’s website and Amazon.
  • The company has seen a surge in sales since its appearance on Shark Tank.
  • Kobee’s has expanded its product line to include lip balm with SPF 15, cuticle butter, hand salve, overnight lip mask, lip scrub, and lotion bar.
  • The company donates a portion of its profits to environmental organizations.

Kobee’s Shark Tank Update | Shark Tank Season 16

Kobee’s is on a mission to make natural, eco-conscious lip care accessible to everyone. They believe that what you put on your body should be as pure and simple as possible.

This vision is reflected in their commitment to using only natural ingredients and sustainable practices. Kobee’s wants to show the world that lip care can be good for you and good for the planet.

The Founder’s Story

Kobe Harris, the founder of Kobee’s, started the company in June 2019 with a simple idea: create a lip balm that was both effective and environmentally friendly.

Frustrated with the synthetic ingredients found in many commercial lip balms, he set out to make his own using only natural ingredients.

What began as a personal project quickly blossomed into a thriving business as friends and family raved about his creations.

Driven by his passion for clean beauty and sustainability, Kobe aims to make Kobee’s a household name synonymous with natural lip care.

Kobee’s on Shark Tank

1. The Pitch

Kobe Harris appeared on Season 16, Episode 3 of Shark Tank, seeking an investment to help take Kobee’s to the next level. Here’s a breakdown of his pitch:

Entrepreneur(s) Kobe Harris
Business Kobee’s (Natural Lip Care)
Ask $300,000 for 6% equity
Deal No Deal
Sharks Mark Cuban, Lori Greiner, Kevin O’Leary, Daymond John, Kendra Scott
Season Season 16
Original Air Date November 1st, 2024
Website Kobee’s
Key Points of Pitch
  • 100% natural, handcrafted lip balms and other personal care products
  • Made with only four ingredients: beeswax, coconut oil, sunflower seed oil, and mango butter
  • Strong sales growth and impressive profit margins
  • Focus on online sales through their website and Amazon
Why Sharks Declined
  • Concerns about market saturation in the lip balm industry
  • Lack of a strong brand identity and differentiation
  • Valuation considered too high for the stage of the business

2. The Sharks’ Responses

The Sharks were impressed with Kobe’s passion and the company’s early success. They acknowledged the growing demand for natural and sustainable products.

However, they also raised concerns about the competitive landscape of the lip balm market. Some Sharks felt the valuation was too high given the company’s reliance on online sales and limited product diversification.

3. The Final Outcome

Despite receiving an offer from Kevin O’Leary, Kobe ultimately decided to decline. He felt that the equity stake offered was too high and he was confident in his ability to grow the business independently.

Although he left the Tank without a deal, Kobe gained valuable exposure for Kobee’s and valuable feedback from the Sharks.

Kobee’s Products

Kobee’s offers a small but carefully curated selection of personal care products, all made with their signature blend of natural ingredients and a focus on sustainability.

1. Lip Balms

The heart of Kobee’s product line is their collection of lip balms. Available in a variety of flavors, these balms are designed to soothe and hydrate dry, chapped lips.

Made with just four simple ingredients – beeswax, coconut oil, sunflower seed oil, and mango butter – they offer a clean and effective way to keep your lips feeling soft and smooth.

Kobee’s also offers an SPF 15 lip balm for added protection from the sun.

2. Lotion Bars

Kobee’s lotion bars provide deep hydration for your skin. These solid bars are packed with nourishing oils and butters that melt into your skin upon contact, leaving it feeling soft and moisturized.

They’re perfect for tackling dry patches on your hands, elbows, and feet. Plus, their compact size makes them ideal for travel.

3. Lip Scrubs

For smooth, kissable lips, Kobee’s offers a gentle lip scrub. This scrub helps to exfoliate dead skin cells, leaving your lips feeling refreshed and revitalized.

It’s the perfect prep step before applying your favorite Kobee’s lip balm.

4. Cuticle Butter

Keep your nails and cuticles healthy and hydrated with Kobee’s cuticle butter. This rich butter is formulated to nourish and soften your cuticles, promoting healthy nail growth.

It can also help to prevent hangnails and keep your hands looking their best.

5. Hand Salves

Kobee’s hand salves offer intense moisture for dry, hardworking hands. These salves are thicker than traditional lotions, providing a protective barrier that helps to lock in moisture.

They’re perfect for soothing cracked skin and keeping your hands feeling soft and supple, even during harsh weather conditions.

Kobee’s Update After Shark Tank

While Kobe Harris didn’t secure a deal on Shark Tank, his appearance on the show proved to be a valuable catalyst for Kobee’s.

The brand experienced a surge in visibility and customer interest, leading to some exciting developments.

1. Sales Growth

Following the episode’s airing, Kobee’s saw a significant increase in sales. Many viewers were drawn to the company’s commitment to natural ingredients and sustainability, and eager to try the products for themselves.

This “Shark Tank effect” provided a major boost to the business, helping to expand its customer base and generate greater revenue.

2. New Product Launches

Kobee’s has continued to innovate and expand its product line since appearing on Shark Tank.

In addition to their core lip balm offerings, they’ve introduced new items like an SPF 15 lip balm, cuticle butter, hand salve, and an overnight lip mask.

These additions cater to a wider range of needs and preferences, providing customers with more options for natural personal care.

3. Expansion into Retail

While Kobee’s primarily operates as an online business, they have also begun to explore opportunities in retail.

This includes partnering with select stores and boutiques to offer their products in physical locations.

Expanding into retail could help Kobee’s reach a wider audience and further solidify its presence in the natural personal care market.

Kobee’s Commitment to Sustainability

Kobee’s is more than just a lip balm company; it’s a brand built on a foundation of sustainability and environmental responsibility.

This commitment is evident in every aspect of their business, from the ingredients they choose to the way they give back to the planet.

1. Natural Ingredients

Kobee’s believes in using only the purest, most natural ingredients in their products. Their lip balms, lotions, and scrubs are crafted with simple, recognizable ingredients like beeswax, coconut oil, and sunflower seed oil.

By avoiding synthetic additives and chemicals, Kobee’s ensures their products are gentle on your skin and the environment.

2. Eco-Friendly Packaging

Kobee’s is dedicated to minimizing their environmental footprint through sustainable packaging choices.

Their lip balms are packaged in recyclable cardboard tubes, a conscious alternative to traditional plastic containers.

This commitment to eco-friendly packaging helps reduce waste and lessen their impact on the planet.

3. Charitable Donations

Kobee’s goes beyond just creating sustainable products; they actively support organizations dedicated to environmental causes.

A portion of their profits is donated to groups like One Tree Planted, The Alliance for the Great Lakes, and Our Children’s Earth Foundation.

This commitment to giving back demonstrates Kobee’s dedication to making a positive difference for the planet.

FAQs

Where can I buy Kobee’s products?

Kobee’s products are available for purchase online through their official website and Amazon.

What are Kobee’s products made of?

Kobee’s products are made with a simple blend of natural ingredients, including beeswax, coconut oil, sunflower seed oil, and mango butter. They are free of synthetic additives and chemicals.

Are Kobee’s products vegan?

Yes, Kobee’s products are vegan-friendly, as they do not contain any animal-derived ingredients.

Does Kobee’s offer discounts or promotions?

Yes, Kobee’s occasionally offers discounts and promotions. You can sign up for their email newsletter or follow their social media pages to stay updated on the latest deals.

How can I contact Kobee’s customer service?

You can contact Kobee’s customer service through their website or by emailing them directly.

The Bottom Line

Kobee’s is a company that truly cares about creating high-quality, natural lip care products while also being mindful of the planet. Their commitment to sustainability, combined with their dedication to using clean ingredients, makes them a standout brand in the personal care industry.

While they may not have secured a deal on Shark Tank, Kobee’s has continued to thrive and grow. Their appearance on the show provided valuable exposure and helped them connect with a wider audience. With their focus on customer satisfaction and environmental responsibility, Kobee’s is poised for continued success in the years to come.

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