What Happened to Beer Blizzard After Shark Tank?
What is a Beer Blizzard?
Beer Blizzard is a frozen plastic disc that fits securely into the concave bottom of a can or bottle and keeps your favorite’s draught of golden nectar chilled for around 20 minutes.
Tom Ozbourne and Mike Robbare established Beer Blizzard. Tom has a long background in the food industry, most recently as a quality assurance executive. Mike works as a lawyer in Pittsburgh.
The idea for the company arose at an annual reunion and get-together at Tom’s hunting and fishing lodge in West Virginia over the 2013 Memorial Day weekend, which they jokingly dubbed the Redneck Reunion.
Who is the man behind Beer Blizzard?
Tom Ozbourne and Mike Robbare established Beer Blizzard. Tom has a long background in the food industry, most recently as a quality assurance executive. In Pittsburgh, Mike works as a lawyer.
The idea for the firm came up at a memorial weekend reunion and get-together at Tom’s hunting and fishing cabin in West Virginia in 2013, which they playfully dubbed the Redneck Reunion.
On a hot afternoon target-shooting, Mike experimented with putting ice in the bottom of a koozie to keep his beer can contents cool.
Mike Robb and Tom Osborne will be bringing their crowd funded miniature beer cooler. In June of 2014, the pair raised $43,574 on a $5,000 objective to complete their first set of tooling.
The item is a little plastic disk containing a re-freezable material comparable to blue ice blocks for refrigerators. The disk’s shape is bent to accept a standard beer can.
It may be placed inside a koozie or used as a coaster on a bar or table. When your beer comes into touch with the Beer Blizzard, it cools down significantly.
Beer Blizzards are $12.99 for a six-pack and $19.99 for a 12-pack. Each bundle includes a free Beer Blizzard koozie. The product is currently available on the company’s website and may be transported to any location on the planet.
What Happened to Beer Blizzard’s Shark Tank Pitch?
Mike Robb and Tom Osborne made the decision to showcase their innovation to Shark Tank investors in order to get their product into the hands of the general public.
Tom and Mike entered the Shark Tank asking for $100,000 in return for a 20% stake in their corporation, which worth $500,000.
Lori’s first question gets to the bottom of her obsession with Beer Blizzard. She’d want to know if their products have been evaluated.
According to Mike, the Beer Blizzard CBA has been tested by an independent laboratory. When coupled with a “koozie,” the Blizzard can keep the drink cold for up to 20 minutes. They are developing utility and design patents.
Lori also wants to know if they have looked into the soft drinks industry in addition to beer. They assert, “This stuff is for beer.” Their Kickstarter effort collected $43,000 in 45 days. They sold 11,000 sets of six in a year, making $156,000 in total sales and $35,000 in net profits.
To meet demand, they would like to boost their inventory, establish full-time fulfillment facilities, and approach beer companies about licensing their items as promotional items.
Robert Herjavec sees the Beer Blizzard as a promotional item rather than a commercial enterprise. He went out.
Daymond John finds no way to add value and lacks the contacts that the couple requires, so he backs out of the deal.
Mark Cuban has indicated an interest in the project. He proposes $100,000 in return for 25% of the company’s stock.
Lori Greiner sees a market in companies like Bed Bath and Beyond, Target, and others. She offers $100,000 in return for a 20% ownership in the company, which is exactly what they’re looking for.
Mike, on the other hand, has a “terrific man-crush” on Mark Cuban, according to Tom, because they are both from Philadelphia, PA. They take Mark’s offer and exit the Tank with a Shark deal.
What Happened to Beer Blizzard after the Shark Tank?
The two co-founders were upbeat and upbeat during the pitch, but the agreement with Mark never materialized. Following the launch of the program, they raised $43,574 on Kickstarter.
Even without Mark’s counsel and aid, the pair is working hard to get Beer Blizzard into NASCAR stadiums as well as large retailers like Wal-Mart.
They’ve expanded their product line to include a can opener that resembles a green plastic army man toy, giving them even more clout in the beer market.
Mark Cuban might have made a nice profit on this investment. They were in the process of negotiating a licensing arrangement with Dale Earnhardt Jr., but the deal fell through, and the company went out of business in 2018.
Beer Blizzard’s Net Worth
The firm was valued at $500,000 during the pitch, and because the firm has not been in existence since 2018, the company’s net worth is unknown.
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Beer Blizzard FAQs
Did Beers Fit?
Yes, Beer Blizzard fits cans, bottles, flasks, and growlers.
Did Beer Blizzard Work?
The Beer Blizzard CBA was made from a re-freezable material that is comparable to blue ice blocks for refrigerators. The CBA’s shape was bent to accept a standard beer or soda can and is compatible with virtually any beverage regardless of size or shape.
Where was Beer Blizzard Items Sold?
Beer Blizzard can be transported to any location on the planet through a variety of online channels, including Amazon and its own official website.
How much did a Beer Blizzards cost?
The product was set at $12.99 for a six-pack and $19.99 for a 12-pack, making each one worth $2.50 each. Each package of six comes with one free koozie, which is worth $3 alone.
Were there any other products available?
While Beer Blizzard was the only product on their market, they had also brought a can opener and expansion kits for others.
What improvements were in the works?
Beer Blizzard was looking to develop more utility and design patents to allow it to be used as more than just a container for beverages. A waterproof version of its current product would be possible with a future redesign, which they hope to initially introduce under the name Beer Bomb.
What was purpose of Beer Blizzard?
The transparent plastic disk is placed inside a koozie, or it may be used as a coaster on a bar or table. When the beer comes in contact with the Beer Blizzard, it cools down significantly.
Since drinking beer has become increasingly popular in recent years, the idea of a product that actually adds to the experience while keeping it cold and refreshing is extremely attractive to consumers.
Who were the targeted audience of Beer Blizzard?
Beer Blizzards were made for beer drinkers. The product may be transported to any location on the planet and is available through a variety of online stores.
Who invented Beer Blizzard?
Mike Robb and Tom Osborne invented Beer Blizzard and have been in business since 2016.
Beer Blizzard has separate products that can be bought together or separately, including the CBA and koozie, which can also be used to cool down soda cans as well.
What were the payment methods accepted by Beer Blizzard?
Payment methods accepted included credit cards and checks.
Was there any background information on Beer Blizzard?
Beer Blizzard was founded in 2016 by husband and wife team Mike and Tom Osborne. They launched the Beer Blizzard CBA onto Kickstarter in July 2017.
The product quickly reached profitability, earning $35,000 in sales within its first year of production. The device comes in six different colors with a capacity of five ounces each. Additionally, it is compatible with beer bottles, growlers and other sizes of canned beverages.