This Shark Tank contestant kept pitching his idea even after all Sharks said no to his wristband

Popular TV series Shark Tank has provided a major platform to young entrepreneurs to pitch their products over the years. While many have been able to obtain lucrative deals from the Sharks, there have also been contestants who have failed to impress them with their presentations.

Among these was Greg Demirjian, who appeared on the season 14 of the show to pitch his Surf Band Pro, which is an eco-friendly wristband.

Appearing on the show, Demirjian proposed that he visited surf shops along the Maryland coast in connection with the product. But the Sharks were unimpressed by his pitch.

What happened next?

Towards the end of his pitch, Demirjian just thanked the show and said, "I really wish I could say something else."

In reply to his comment, investor Kevin O'Leary simply said, "No words!"

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With other Sharks also not showing any interest in Demirjian's pitch, he had to leave without basking in any investments.

What is Surf Band Pro?

According to its official website, Surf Band Pro is an "eco-friendly wristband" that has been specially designed so that people can remain prepared for outdoor adventure.

Users can fill it with "sunscreen, mosquito repellent, hand sanitiser, or any gel-based protection — right at your fingertips, any time you need it," the website states.

On the show, Demirjian walked in with his innovation and stated that it is really a helpful product for surfers as well as for people who love outdoor sports. The wristband stores sunscreen inside it, which can be used with a single press.

According to Demirjian, the production started nearly a month before his appearance on the show, while he was able to send almost 200 units of it.

In his pitch, Demirjian highlighted that Surf Band Pro has a $5 build cost, while it will go for $9.95 in wholesale and $19.95 in retail. Also, it was being made available to customers in different colour options — black, blue and pink.

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Sharks reject offer

On Demirjian's offer, Kevin O'Leary suggested him to consider re-naming it as “Squirt Master Pro.” However, he showed no interest in investing in it.

While Lori Grenier claimed marketing difficulties to sell the product, Barbara Corcoran cited competition. Others too were not impressed by Demirjian's offer.

But even after the Sharks declined the pitch, Demirjian kept talking about it. After this, Mark Cuban pitched in and told him that somebody else was waiting for that spot and asked him to leave.

FAQs

1. What happened with Surf Band Pro after Shark Tank?
Post his Shark Tank stint, Demirjian was able to expand the product line, thanks to significant growth in demand. As per its annual revenue reports, the company made nearly $1 million in sales.


2. Where to watch Shark Tank?
Viewers can catch the ongoing season 16 of Shark Tank on ABC Network.