Shark Tank US | Sharks Are Shocked At Busy Box's Pricing
ฝัง
- เผยแพร่เมื่อ 22 ม.ค. 2023
- Connor Smith and Steve Skillings are seeking $200k for a 15% stake in their company Busy Box.
From Season 13 Episode 19
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Shark Tank US | Sharks Are Shocked At Busy Box's Pricing
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This should be a 30 dollar max product. Then it could be like a fun little Father's Day present or something. For 299 you can buy a tablet. Price makes no sense.
$15.
Agreed
No it should be 85
@@BusyBoxSign that’s still too much for a pretty non essential product
@@jxmmykriminallive It's essential for some people and it's non-essential for others. For example, an Apple Watch is non-essential, so is a Squatty Potty, and yet a lot of people love those products; their sales tell the story. We're doing just fine with sales and growing with each passing month, so as they say, beauty is in the eye of the beholder ( and the revenue chart). 👍
Robert using the company's own product to let them know he's out was savage. 😂😂😂
or funny.
@@anwarabdo1994 or both.
That waa great he did that. 😂😂😂. I was like wow 😂😂😂
it could have been more brilliant if it wasn't shown immediately until the end of his statement
Savage fr
299 is absolutely ridiculous. 30 dollars and I'm all in.
Wouldn't even do 30. Paper and pens still exist.
@@anovosedlik not the same as being able to open the app and press a button. $300 is still ridiculous but what you’re talking about could completely knock someone off their rhythm and also takes much more time.
@@anovosedlik not the same as being able to open the app and press a button. $300 is still ridiculous but what you’re talking about could completely knock someone off their rhythm and also takes much more time.
Yup i think 30 dollars is the normal price for US. At Asia, it would be around 10 to 15 at best for Online.
@@Dustyplastic73 still dumb
I had the same problem he did. Instead of creating a digital $300 sign, I used a sharpie, piece of paper, and a piece of tape. Problem solved
Il invest in that
🤣 or shut door means "do not disturb" if family doesn't understand that we have a bigger problem
It could totally be used for schools, businesses etc
@@anakinjmanu or a paper or pen and save 300 $ on each door lmao get out of here
You'd rather do that, over and over for perhaps the next decade, vs having this connect to our outlook calendar and auto update your status throughout the day without you thinking about it?
I thought it was going to be $100 which is crazy. $300 is absolutely batshit crazy.
Expensive country expensive price 😂
Could not imagine anyone paying 300 bucks for little sign to let people know you're at lunch, that's insane.
No, neither would I imagine anyone paying three hundred bucks for a little sign.
Yet I wouldn't imagine somebody needed a device like this in order to work at home? Women have been doing it forever... Boys need more toys 🙄
just hang your tie on the doorknob , right or wrong ?
@@TheFoolintherainn the idea isn’t to marketed towards men? It’s to capitalize on the pandemic making a lot of people work from home that have to deal with interruptions from family.
@@SWillis023 My joke is... Women have been multitasking,working at home for decades, centuries, millennium, throughout eternity....
The idea of Orange county housewives sitting around in dresses is television.
But once in a while we see reality - even Mayberry r.f.d.-all the women worked, teachers, pharmacists, sold things, eggs, furniture, took in laundry, sewing, boarders... These are all over-regulated business now.
They brought in income besides running a household
Without a $300 sign
😁
And we still do
@@SWillis023 a heck of a lot of us are never going back to the office. Having this with an ap that connects to my outlook calendar and will update my status without me thinking about it would be pretty sweet if i had kids at home. It's expensive, but it's not crazy given that is now part of their 299 product. Those apps aren't free.
Just write “busy” on paper and tape it to the door…
My husband just says “I’m going to be in a meeting from so and so don’t bother” 🤣300 dollars saved 🤦🏽♀️
It's hard to believe people have actually paid $299 for it.
*Fun fact about Shark Tank*
According to USA Today, "Shark Tank," receives 35,000-40,000 applicants each season. Of these, only 1,000 advances to the next round, and in most seasons, only 88 contestants will appear on the show.
I was curious to know how hard it was for people to pitch their idea on the show.
Have a great day, and stay safe. XO
We have thousands of customers at $299, the Digital is not a meant to be an "made for everyone" product, and our $59 and $129 models sell well. We got a great boost from ST and we are grateful for the boost. As Mark Cuban has said in numerous interviews, we're in the room for a LOT longer than what makes the air/edits. The editors have some tough choices to make in the interest of time. Overall, we had a GREAT experience but the edits don't tell the full story or conversation.
I wonder how bad these 35-40k applications must have been so that this ridiculously overpriced lowtech product made it to the final 88...
@@mikelytou You must have hated squatty potty. 😂🤷♂️📈 💰
This made it on.
God's is definitely set to BUSY.
I hang a large note on my doorknob to notify family members of a meeting or anything. Like how you would alert hotel staff to clean your room. It's easy, cost me nothing, and solves the problem. Not sure how valuable this product is, but i hope they do well.
I just used a Hue Light in the hallway.
Yeah, a 'do not disturb' sign hanging on the door handle does the same thing.
But that would not be so feasible when you have some gaps between your meetings, I personally wouldn’t want to wake up every time to change that sign. While the idea of changing the sign via an mobile app is cool, the price is ridiculous..
@@tejask4889 and yet you check their website and they're struggling with enough supply to sell...which is likely a driver on the price point.
Or I yell “I’m busy!!!”… 🤣
299 is super, super high. I would say a 25$ basic one-message box is perfect, a 50$ "display anything" would be pretty okay. 300 for a little screen that can do one thing is ridiculous.
Expensive labour expensive country so expensive product
Brand new 2021 IPAD retails for $250.. an electronic signboard outside a room can't ask for $299!!!
The way Robert said he was out was cold asf
Don't believe the edits. He was very, very nice. ;o)
At work, we put a piece of paper on the door that says in a meeting. Don’t need to spend time, customizing digital screens, and $299 is outrageous
Use a post-it note and save 300 dollars! Doesn't need batteries too!
save $300
$299 for what a piece of paper with some marker on it would do. That's crazy.
I printed a 'BUSY' sign in 48 font in Red and a piece of scotch tape and it works fine! I am not sure how much it cost me but it didn't cost $299
Ever heard of a digital picture frame? Why couldn't I just hang a digital picture frame outside of my door, wirelessly upload a photo to it of what I want to say - closed, open, busy, come in, etc., and use that as exactly the same thing? Their product already exists, basically.
that wouldn't integrate with your calendar? That at least I believe is the goal of that ap.
They never asked how much it cost to make one…
Probably $5
They weren't that interested.
They said they weren’t interested in lowering the cost. So the landed price wouldn’t matter.
@@juliejaster I think you meant to say they weren't interested in lowering their Price*, so the landed Cost* wouldn't matter, right?
Probably edited it out for the show.
5:45 any time Barbara sees a new business with great sales, great margins, incredibly opportunity, and owners who give their all every day
😂😂😂
50$ price point was the max I’d see. And that’s just because of the app functionality.
*$50
@agylao6894 it's fifty dollars (50$) not dollars fifty ($50)... just because you have it wrong in the US doesn't mean the entire world will follow
@@peterh3213 So I’m still right.
@@agylao6894 if it makes you feel better feel free to think that
Could see this selling like crazy as a gag gift under $50...
And as a serious gift for WFH professionals! ;o)
A sharpie and a piece of paper and I save myself 299 dls. No one is knocking my door anymore 😂😂😂
Have they never been to a hotel? Have they not seen the 'Do not disturb' door tag?
just get a dry erase board lol
Thought what I commented, this isn't a problem! It's a product created for a non existent issue.
and if u had to go digital theres super cheap android phones for 30 bucks on amazon and u would have the same functionality
Who the hell still needs this? Especially at $299. Just write a paper note
How was him answering questions going off on tangents?? 😂😂
I rolled my eyes as soon as he said, busy box was a door sign
I’m an animator and I work from home and I get knocks on the door or family calling my name, and I’ve even thought about the “on air” device…but $299 get out a cardboard “busy sign” works the same
For $299.00? I can grab a pen, one piece of paper, and a piece of tape and achieve the same thing.
Just set boundaries with your family to not interrupt you during working hours.
Entrepreneur: “we want to grow it slow”
30 seconds later: “we want to expand into wellness space”
It could be usefull however, it's too expensive and in our house, my wife works at home as do I. After a few days everyone knows our schedule and knows if the office door is shut you don't knock or yell as they did in the presentation
I was like just put "on air" sign above your door and it actually is just it.
Here's what works in my family : If my door is shut, don't bother me. I'm busy.
WOW! What an amazing concept! Been using it since the 80s.
the fact that the video is merely 6mins tells me it is definitely a unanimous "no" from the sharks.
Yeah, we were in the room a LONG time and had some good traction, but in the end, we didn't convince the sharks we had a product they wanted to invest in. "Ring"s a bell, doesn't it? ;o)
@BusyBox a simple message to whoever is in the house that you're in a meeting or busy when the door is closed is all you need. Why 300$? That's legit insane. If your housemates or family can't respect a quiet space or a work zone, that's more on your family imo.
Tape a paper to the door with sharpie if need be. Such a headache you guys created for yourselves. Sure it got sales, and might still be doing so, but thats a lot of extra paperwork that, a simple paper can solve
Great presentation. They had the margins to offer Kevin a royalty deal where he gets 2x his money and a certain %. He would be great on a commercial with them 2.
Thanks for the kind words. We worked on it for months. Kevin was highly engaged, and as they showed in the edits, he said (more than once), "I think you're onto something." We wish they had put that full conversation on the show, but the editors have a lot of tough choices to make to take a llllooooooong conversation and make it come together in under 6 minutes. I would not want that job. That's hard work. Poor Conor spoke a lot and they edited him out completely. 😞 It's all good. We had a blast and business is booming.
@@BusyBoxSign love u responding
How is this any better than taking a sharpie, writing "I am busy" on a piece of printer paper, and taping it to your door?
I'd just hang and open/closed sign on the door and communicate with family members to let them know not to come in when the sign says "closed". Works the same as a light up "busy" sign
This product can shine at office spaces where they could place them outside cubicles and offices.
Yup. And it does. You get it. Thanks!
what office would spend 300 dollars on it though? sure it serves a function, like the "live recording" light has been in use for decades now, it's not new, it's a small bluetooth light
mark knows how easy to program this so he know the business is too easy and not that trendy
They wild for walking in there for that price
I have an LED on-air sign at the top of the stairs. I built a smart home routine that switches it on and switches it off. The whole thing was about $20, and I have been using it since the pandemic started.
The problem was that they gave the higher end model price. The one with the slides is no way more than $30.
Mistake talking about branching out to wellness etc. $299 was a tough price to accept then to pile on with another application was not a good move.
When Barbara was born, the doctor said “she’s out”
they’re not related but they look like father/son
I own two. One for the studio one for the office and they’re fantastic
Those good old open and closed signs that hang in shop doors are still around and would be the cheap alternative to this product or you could make something simple with paper, pen & blue tack. You could close the door when in a meeting and leave it open when your not instead of spending $200 lol To me the 2nd model is a small screen version of those huge TV like displays you see at game stadiums. This is also very similar to the screen McDonald's have to show your ticket number to pick up your order when it's ready. Found it was still in business in Dec 2022 but there have been replica's who are in competition with Busy Box now.
Guy with white hair looks 12 yrs old and 75 yrs old at the same time!
I go on live calls all day and this would potentially be something I would use, but not for that much. It would also be really neat if there was a way for it to change automatically every time I am on a call so I wouldn't have to change it back and forth each time.
You can find an old smartphone and mount it to your door for $30.
You can buy a whiteboard for $10.
A sticky note costs about a penny.
I feel like I'm in the twilight zone. Lock your door or use a paper and pen....
Dude, right?? Like, sometimes "luxury" gadgets aren't the way. That's just a way to burn money at that point
I wouldn't pay $10 for this
Would a small marker board out side door nobe will fix this for 5 usd?
Would be good for teacher's doors, doctors, lawyers, etc...not just an at home product, make it $99. Sell in bulk to school districts., hospitals, etc. No hard wiring is the key.
Or tape a paper that says "In a meeting. Do not disturb" to the door
Command strip and a laminated “busy” sign or some other ones like “meeting” or something. Pretty easy.
You can either spend $299, or just tape a sign on the door. Tough call.
You can get an amazon fire tablet for $80, and that has apps, wifi, a camera, etc. The price is insane.
You can also tell your husband or wife or anyone else at home, that you'll be in a meeting and not to be distracted..You know it's called communication...
Took a few years but I finally got my busy box today!
You know what works great? A sheet of paper with a small piece of tape.
Wouldn't be bad in an office setting.
Remember those "do not disturb" signs on hotel room doors...just a paper sign on the door handle...
Just use a marker and write I’m busy on a peace of paper 💀
at $299 it is a corporate purchase for wfh employees. I have seen how much corporations spend without thought, so I understand why their sales are that way.
The mute button works wonders this device won’t go that far
I bet you their cost is $10 per unit. High margins many times kill a business. There must be some type of relationship between those 2, they looked very similar.
This is absolutely one of the worst ideas for a product. It's a 300$ screen. That's all it is. You could find alternative for 20$. Or you could just put a paper sign on the door saying busy. How and why are people buying this?!?!
They didn’t discuss landed cost or patents
Great pricing model. 💪🏼
I like it. But not for $300. I think it'd be great if you could add a widget to the app and it's on the lock screen and you can press 'busy' or 'not busy' really quickly rather than having to unlock, find the app and then wait for it to load and then find the 'not busy' option.
Some company already developed these, but in a tremendously cheaper price. They’re called a plastic Do Not Disturb tag you hang on a doorknob. I’ve seen tons of these used in hotels all the time 🤯
He said "I got so excited" dang it!! 🤣🤣🤣
this kind of LCD/OLED Display with App costs
For $300, you can buy a really good lock and have someone install it and plus hang a small sign on the door that says do not disturb with RGB lights. All within $300 budget
The thing abt this is someone could easily use at home supplies like paper and tape saying their busy or wtvr
You couldn’t pay me to hang that garbage up in my house 😂😂
I could buy a small tv and mount it connected to an app and still have a ton of money left over
How about just hanging a sign on the door that says do not disturb
I could literally get a brand new tablet for cheaper than this, open up Google Docs, and write messages to be displayed on it, super simple.
Hey let's make a digital sign and change $300 for $20 of materials...😂
5:40 😂😂
over engineered version of putting a baseball cap or sock on your door handle 😂
It is just a display hub. I've seen some sold for gaming PC's or just decorative electronics for your home. Things like this should NOT cost more than maybe $50 at most.
I saw one like this on Temu for 5.99
At best you've got a gag gift that's a needlessly pricey, slightly more high tech version of a cardboard "Do Not Disturb" sign you hang from a doorknob.
Doorknob hangers like the ones at hotels were invented for this sole purpose
I love When They Said Shaaaaaaaarksssss
I hate it. Lol
@@jdxiong Gotta be entertaining (or try to) or you'll never make the air. ;o)
i had thought about this too for when i'm gaming a long time ago, but i never gave it much thought after. :|
Couldn't they just have said they'll adjust the price 😂
Good innovation but have to think where I can tag to the door like "honey moon couple we are busy". 😅 jokes apart cost should be somewhere around 10 to 20 dollars to reach more customers. I am sure it is possible as you might had observed the Exit or entry buttons at movie theaters or office locations .
Just put a note on your door
Wait I was under the impression the fully digital one was 299, what about the slide in and out one? I assume that one would be much cheaper.
that is the price for the slide in and out one
@@TwistedFoxblade no the slide in and out was 129, 299 was the full digital
Yeah, the edits were weird since they had to cut it down a lot. We have a $59 model, a $129 model, a $149 model and a $299 model. Oddly enough, the $299 model is our best seller. Clearly not a product for the Sharks, but 25~45 year old people love both the $129 and $299 models the most, 3:4 ratio.
To all the 30$ potential buyers here..: we are working on it..😂
I purchased samsung s5e tab. With amoled screen and almost 4k resolution at 300$.
Could be a fun novelty gift it was like $20-$30. But $300? Surprised they've sold any.
I am a high school teacher and this would be GREAT to put ‘testing’ on the door etc. Just not sure if schools would buy for the price!
i'd guess a bulk buy could be possible.
Schools do buy the Digital model ($299) and the $129 model quite a bit. They like the lifetime warranty and free for life software and security updates.
huge market for home recording studios