What Are BeatBox Beverages?
Drinks including Peach Punch, Blue Razzberry, Fresh Watermelon, and Pink Lemonade may be found in the BeatBox Beverages line. Punches brewed with wine are available from BeatBox Beverages. Initially, it was positioned as a “portable party punch” for the millennial demographic.
As a base for mixed drinks, they are made with an unusual orange wine that has the consistency of a spirit. It includes the equivalent of seven bottles of wine, making it a fantastic item to share at a party or get together with friends.
Who Is the Founder of Beat Box Beverages?
BeatBox Beverages was created in 2012 by Brad Schultz, Justin Fenchel, and Aimy Steadman. The project had a brief Indiegogo campaign in 2013 but was unable to raise the funds needed to complete the project.
Since its inception, BeatBox Beverages has grown its distribution and product line thanks to the investment of Mark Cuban. In 2017, Beyond The Tank covered the company.
Beat Box Beverages Before Shark Tank:
Boxed Wine Does Not Have to Be Dull, According to Austin-based BeatBox Beverages. Justin Fenchel, Aimy Steadman, Brad Schultz, Jason Schieck, and Daniel Singer Were Among the Group’s Original Members. Because of This, They Saw the Need for A Beverage that Appealed to Young Millennials More.
Blue Razzberry Lemonade, Box A’rita, Cranberry Limeade, and Texas Sweet Tea Are Some of The Flavours Available in The Beat Box Boxed Wines.
How Was the Shark Tank Pitch of Beat Box Beverages?
To Get a 10% Ownership in Beat Box Beverages, Aimee, Justin, and Brad Went to The Shark Tank and Asked for $200,000. Even Though They Had a Pricey Bottle of Wine on The Table, They Managed to Make It Seem Uninteresting! Beatbox Beverages, Which They Call “parties in A Box,” Follow.
Samples of Food Are Given to The Sharks, and Lori and The Others Seem to Enjoy Them. Mr. Wonderful, on The Other Hand, Believes It’s Repulsive! Self-Distribution Meant They Had No Time to Promote Their Products, so They Didn’t. Distribution Is Now Handled by A Co-Packer.
The Company Made $245 K in Sales During the Fourth Quarter of 2014, with The Current Quarter Accounting for More than Half of That Total. the Company Had $55k in cash and $100k in Debt at The Start of The Quarter.
By Doing Tastings, Justin Explains to Mark that This Is a Horrible Strategy for Growth. They Are Hoping to Broaden Their Reach. Viral Beverages Can Be Fatal in Some Regions, but Can Also Be Devastating in Others, as Demonstrated by Mr. Wonderful.
Distributing the Product Can Be a Difficult Task for Kevin. Barbara Is Willing to Trade 20% of Her $400 K for The Deal. Because Kevin’s Net Worth Is Twice as High as Barbara’s and He Has Extensive Knowledge of The Area, He Suggests $200 K in Return for 20% of Barbara’s Net Worth.
Mark Thinks It Should Grow More Quickly Because It Isn’t Wine. He Thinks He’s the Best Person to Build It Quickly and Is Willing to Pay $600,000 for A 33% Ownership. Mark Accepts Justin’s Offer of $1 Million in Exchange for A 33 Percent Stake. Beat Box Beverages and Mark Cuban Have Struck a Deal! Mark Cuban Agrees to Invest $1 Million for A 33% Share in Beat Box Beverages in The Final Deal.
After Shark Tank, What Happened to Beat Box Beverages?
Since Its Participation in Shark Tank, Beat Box Has Used Mark Cuban’s Money to Extend Its Distribution. The Beverage Is Currently Available at Grocery Stores Around the Country, Including Kroger and Ralph’s, and The Manufacturer Expects to Release a Single-Serve Boxed Version Soon.
Both Fruit Punch and Blue Razzberry Beat Box Mix Tapes Are 500ml Resealable Bottles. at Less than $3.50 a Pop, It’s a Steal.
After Shark Tank, What Happened to The Element Bars?
So that Beat Box Appeals to A Wide Audience, Rob Dyrdek Is Now Working with The Company on A “major Packaging Makeover” (21 and Older). Mark Cuban Just Appeared on Ridiculousness to Promote Beat Box.
Just One Year After Starting as A Modest Business, Beat Box Beverages Now Has 750 Stores Across 18 States. Since Participating in The Show, the Brand Has Developed a New 3-Liter Packaging and Two New Flavours.
Update on The Shark Tank Beatbox Beverages:
It’s Their Goal to Become the Red Bull of The Booze Market Because They Target Millennials with Their Brand. Beverage Distributor Republic National Distributing Company, Southern Wine and Spirits, Johnson Brothers, and Young’s Market Are Included on The Beat Box Beverages Website.
Is Beat Box Beverages Still in Business?
Developed in partnership with Mark Cuban, the Beat Box Beverages Made Their Television Debut on Beyond the Tank, Episode 110. Beat Box Has the Fastest Growth Rate as Of January 2022, According to The Latest Data Available. Future Proof Brands Llc Is the New Name for BeatBox Beverages.
The Company Has Added Canned Single-Serve Wine, Seltzer Cocktails, and Hard Seltzer to Its Product Lineup. Kroger, Circle K, and Quik Trip Are Just Some of The More than 12,000 Sites Where They Can Be Purchased. Beat Box Beverages Has an Annual Revenue of $11.5 Million.
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