Baubles + Soles, a unique children’s shoe company, made an appearance on Shark Tank and left a lasting impression on viewers and investors alike. The entrepreneurs, Duc and Lisa Nguyen, presented their innovative concept to the Sharks, hoping to secure a deal and gain exposure for their brand.
At the core of Baubles + Soles is the idea of customizable shoes. Made in the USA from a proprietary bio-based material that is 45% soy by weight, these shoes are not only comfortable and slip-resistant but also machine washable and 100% recyclable. What sets them apart is the ability to interchange baubles, small accessories that can be attached to the shoes to suit different occasions and styles.
Priced at $49.95, each pair of Baubles + Soles shoes comes with one bauble set. Additional baubles can be purchased for $12.95 each, allowing for endless possibilities in customizing the shoes. The entrepreneurs sought a $100,000 investment for 15% equity in their company.
- Baubles + Soles is a children’s shoe company that offers customizable shoes.
- The shoes are made in the USA from a proprietary bio-based material.
- Baubles + Soles entered the Shark Tank seeking a $100,000 investment for 15% equity.
- The shoes can be customized with interchangeable baubles to match different styles and occasions.
- Priced at $49.95, each pair of Baubles + Soles shoes comes with one bauble set, with additional baubles available for purchase.
The Pitch and Sharks’ Reactions
During their pitch on Shark Tank, Duc and Lisa Nguyen captivated the Sharks with the story behind Baubles + Soles and their innovative product. The Sharks were impressed by the concept of customizable children’s shoes and the entrepreneurs’ passion for their business.
“The pitch from Duc and Lisa really caught my attention. I love the idea of customizable shoes for kids. It’s smart and fun!” said one of the Sharks.
“The presentation was excellent, but I’m not keen on getting into the shoe business,” commented Kevin O’Leary, one of the investors.
Despite the positive reception, not all the Sharks were convinced to invest. Mark Cuban and Robert Herjavec raised concerns about the scalability of the business model, while Daymond John felt that the inventory requirements would be too burdensome.
“I appreciate the opportunity, but I’m concerned about the amount of inventory that would be required. For that reason, I’m out,” expressed Daymond John.
As the pitches continued, Lori Greiner expressed her admiration for the story behind Baubles + Soles but stated that the shoe market was already highly competitive, making it challenging for her to invest.
With all the Sharks initially passing on the deal, the entrepreneurs knew they had to make a compelling offer. In a surprising move, Lisa made an appeal to the Sharks’ wallets, proposing to pay back the investment with profits.
“I’m willing to share the profits from Baubles + Soles with our potential investor until they recoup their investment. This way, we can build an even stronger partnership,” Lisa offered.
This unexpected proposition caught the attention of Daymond John, who saw the potential for success and made an offer of $100,000 for 25% equity in Baubles + Soles. The entrepreneurs gladly accepted the deal, securing a Shark Tank investment that would help them take their business to the next level.
Post-Shark Tank Success
Since their appearance on Shark Tank, Baubles + Soles has experienced remarkable success and continuous growth in their business. The company’s annual revenue has reached an impressive range of $300,000 to $500,000 as of November 2022. This significant increase in revenue reflects the positive impact of their appearance on the show and the subsequent growth of their customer base.
The partnership between Baubles + Soles and Daymond John, which was established following the show, has played a pivotal role in the company’s expansion and success. Through this partnership, Baubles + Soles has been able to reach new customers and expand their brand presence in the market. The collaboration with Daymond John has provided valuable expertise and resources, enabling Baubles + Soles to solidify their position in the industry.
Baubles + Soles has garnered recognition and popularity due to their appearance on Shark Tank. The exposure from the show has helped the company establish a strong foothold in the market, attracting customers and generating increased sales. With their unique and customizable children’s shoes, Baubles + Soles has captured the attention and loyalty of parents who appreciate the versatility and quality of their products.
“Our experience on Shark Tank was a game-changer for our business. It gave us the platform we needed to showcase our innovative product to a wide audience. Since then, our sales have skyrocketed, and we’ve been able to connect with customers who are passionate about our brand. We’re grateful for the opportunity and the support we’ve received.”
Baubles + Soles Product Features
Baubles + Soles shoes are not just your ordinary children’s shoes. They come packed with unique features that set them apart from the rest. From the materials used to their customizable design, Baubles + Soles offers a shoe experience like no other.
Proprietary Bio-based Materials
The shoes are crafted from a proprietary bio-based material that is 45% soy by weight. This innovative material not only makes the shoes comfortable and slip-resistant but also enhances their sustainability. The use of soy reduces reliance on non-renewable resources, making Baubles + Soles shoes eco-friendly and 100% recyclable.
Customization and Versatility
Baubles + Soles shoes allow for easy customization to match different outfits or occasions. The bauble accessories can be effortlessly interchanged by twisting and pulling on the patented interlock device. This feature gives children the freedom to express their style and personality, making each pair of Baubles + Soles shoes unique and one-of-a-kind.
Durability for Active Children
Designed with active children in mind, Baubles + Soles shoes are built to withstand the wear and tear of everyday adventures. The high-quality materials and craftsmanship ensure that these shoes can keep up with even the most energetic little ones. Parents can have peace of mind knowing that Baubles + Soles shoes are durable and long-lasting.
|The bio-based material provides a comfortable and breathable fit for children’s feet.
|The unique material of Baubles + Soles shoes offers excellent traction, reducing the risk of slips and falls.
|Parents can easily clean Baubles + Soles shoes by throwing them in the washing machine, saving time and effort.
|The bauble accessories can be interchanged to match different outfits or occasions, allowing for personalized style.
|Baubles + Soles shoes are made from sustainable materials, making them fully recyclable at the end of their life cycle.
|These shoes are built to withstand the active lifestyle of children, ensuring long-lasting performance and durability.
Baubles + Soles Pricing and Availability
Baubles + Soles offers its unique and customizable children’s shoes at a price of $49.95. This price includes one bauble set to get your child started on their shoe customization journey. If you’re looking to expand their bauble collection, additional baubles can be purchased individually for $12.95 each.
Buying Baubles + Soles shoes is convenient and accessible. You can purchase them directly from the company’s website, where you’ll find a wide range of sizes and styles to choose from. Alternatively, you can also find Baubles + Soles shoes on their Amazon store, providing you with another hassle-free option for making a purchase.
Baubles + Soles Price and Availability
|Baubles + Soles Shoes (with one bauble set)
|Directly from the website or Amazon
|Directly from the website or Amazon
Baubles + Soles aims to expand its distribution network and make its products available in national children’s stores. This will provide more opportunities for parents and children to experience the joy and versatility of Baubles + Soles shoes. Stay tuned for updates on the company’s expansion efforts as they continue to bring their innovative footwear to even more families.
Baubles + Soles Mission and Impact
Baubles + Soles is on a mission to create stylish and customizable shoes for children while making a positive impact on the world. The company is deeply committed to sustainability and social responsibility, ensuring that their products are not only fashionable but also environmentally friendly.
To achieve their mission, Baubles + Soles prioritizes the use of sustainable materials and manufacturing processes. Their shoes are proudly made in the USA, reducing the carbon footprint associated with international shipping and supporting local communities.
In addition to focusing on sustainability, Baubles + Soles believes in giving back. Through their Heart + Soles fund, the company donates a portion of their proceeds to support women and children who are vulnerable to trafficking in the developing world. This commitment to social responsibility sets them apart, allowing customers to make a difference with their purchases.
At Baubles + Soles, we believe that fashion can be both beautiful and responsible. By creating shoes that are not only practical and fashionable but also sustainable and socially responsible, we hope to inspire a new generation of conscious consumers.
Baubles + Soles’ impact extends beyond their products and contributions. They aim to educate their customers about the importance of sustainability and social responsibility, encouraging them to make thoughtful choices that benefit the planet and its people. Through their initiatives, Baubles + Soles strives to be a catalyst for positive change in the children’s footwear industry and beyond.
Why Sustainability Matters
Sustainability is not just a trend; it is a necessity. The fashion industry, including children’s footwear, has traditionally been associated with harmful environmental practices and unfair labor conditions. Baubles + Soles is dedicated to changing that narrative. By using sustainable materials and supporting ethical manufacturing processes, they are paving the way for a more responsible and conscious industry.
The Power of Social Responsibility
Social responsibility is at the core of Baubles + Soles’ values. They believe that businesses have the power to create positive change and uplift communities. Through their donations to the Heart + Soles fund, they are addressing vital social issues and making a tangible difference in the lives of those in need.
|Use of sustainable materials
|Reduces environmental impact and promotes responsible sourcing
|Manufacturing in the USA
|Supports local communities and reduces carbon footprint
|Donations to the Heart + Soles fund
|Supports women and children vulnerable to trafficking
|Raises awareness about sustainability and social responsibility
Customer Reviews and Feedback
Baubles + Soles has garnered rave reviews and positive feedback from its satisfied customers. Parents are particularly impressed with the versatility and durability of the shoes, along with the ease of customization using different baubles. The ability to switch baubles to match different outfits or occasions adds to the appeal of these stylish shoes.
Customers also appreciate the sustainable and eco-friendly aspects of Baubles + Soles. The shoes are made from a proprietary bio-based material that is 45% soy by weight, making them comfortable, slip-resistant, and machine washable. Moreover, the shoes are 100% recyclable, aligning with the growing demand for eco-conscious products.
“I love how my kids can express their individuality with Baubles + Soles shoes. The interchangeable baubles add a fun and unique touch to their outfits. Plus, the shoes are durable and easy to clean, which is a huge bonus for busy parents like me!” – Sarah M.
In addition to the product features, customers value Baubles + Soles’ commitment to social responsibility. The company donates a portion of its proceeds to support women and children vulnerable to trafficking through the Heart + Soles fund. This philanthropic initiative resonates with customers who appreciate brands that make a positive impact in the world.
The overall customer satisfaction with Baubles + Soles is evident in the glowing testimonials and repeat purchases. The company’s dedication to quality, innovation, and sustainability has resulted in a loyal customer base that trusts and recommends their products.
Baubles + Soles Future Plans
Baubles + Soles has set its sights on a future of expansion and growth. As a company, their primary goal is to expand their distribution and make their unique children’s shoes available in national children’s stores across the country. By placing their products in prominent retail locations, Baubles + Soles aims to reach a wider customer base and increase brand recognition.
In addition to expanding their distribution, Baubles + Soles plans to continue innovating and developing new designs for their shoes and baubles. By regularly introducing fresh and appealing styles, the company aims to stay ahead of market trends and meet the evolving fashion preferences of their customers. Baubles + Soles understands the importance of keeping their product line exciting and relevant to maintain customer engagement and loyalty.
Beyond their immediate goals of expansion and design innovation, Baubles + Soles is committed to making a lasting impact in the children’s footwear industry. The company envisions achieving significant milestones in terms of market presence, customer satisfaction, and social responsibility. By prioritizing sustainable practices and using environmentally friendly materials, Baubles + Soles ensures that future generations can enjoy stylish and durable footwear.
Through their continued dedication to growth, innovation, and sustainability, Baubles + Soles is poised to become a leading brand in the children’s footwear market. With a clear vision for the future and a commitment to achieving their goals, Baubles + Soles is well-equipped to carve a path of success and make a positive impact on the industry.
Media Coverage of Baubles + Soles
Baubles + Soles has garnered significant media coverage and press attention since their appearance on Shark Tank and the success of their unique children’s shoes. Their innovative concept and commitment to sustainability have piqued the interest of various media outlets, resulting in numerous articles, interviews, and features that have contributed to their increased visibility and reputation in the industry.
One notable platform that has highlighted Baubles + Soles is the Shark Tank Blog, which provides updates and follow-ups on entrepreneurs who have appeared on the show. Baubles + Soles’ journey and progress have been chronicled on the blog, amplifying their story and successes to a wide audience.
Additionally, Baubles + Soles has been the subject of several articles and interviews across different media channels. These pieces have explored the brand’s unique selling points, their impact on the children’s footwear market, and the overall journey of the company. Through these publications, Baubles + Soles has been able to generate even more interest and establish themselves as a noteworthy player in the industry.
The media coverage and press attention garnered by Baubles + Soles serve as a testament to their innovative approach, sustainable practices, and commitment to providing practical yet stylish children’s shoes. With the continued support and recognition from the media, Baubles + Soles is poised to solidify their position as a leading brand in the market.
|Shark Tank Blog
|Baubles + Soles: A Unique Take on Children’s Shoes
|Kids’ Style Magazine
|Customizable and Sustainable: Baubles + Soles Revolutionizes Children’s Footwear
|Baubles + Soles: Innovating the Way We Dress Our Children’s Feet
Conclusion and Final Thoughts
Baubles + Soles has established itself as a successful and innovative children’s shoe company, showcasing their unique concept and unwavering dedication to sustainability and social responsibility. Their appearance on Shark Tank and subsequent partnership with Daymond John have significantly contributed to their growth and triumph. By offering versatile and customizable shoes, Baubles + Soles has addressed a crucial market need, providing parents with a practical and stylish solution for their children’s footwear needs.
As Baubles + Soles continues to expand and enhance their product line, they are positioned to become a prominent leader in the children’s footwear industry. The company’s commitment to using sustainable materials and manufacturing processes sets them apart, attracting environmentally conscious consumers. Furthermore, their ongoing support for women and children vulnerable to trafficking through the Heart + Soles fund exemplifies their dedication to making a positive impact.
With favorable customer reviews, Baubles + Soles has garnered recognition for their quality and innovative designs. Parents appreciate the shoes’ durability, customization options, and eco-friendly attributes. The company’s visibility and reputation have grown significantly through media coverage and press attention, further solidifying their position in the market.
In conclusion, Baubles + Soles has demonstrated their ability to excel in the children’s shoe industry, combining innovation, sustainability, and social responsibility. As they continue their journey, we can expect Baubles + Soles to thrive, shaping the future of children’s footwear with their forward-thinking approach and commitment to providing practical and stylish options for young ones.
Q: How did Baubles + Soles fare on Shark Tank?
A: Baubles + Soles appeared on Shark Tank in episode 1109 and secured a deal with Daymond John.
Q: What is the concept behind Baubles + Soles?
A: Baubles + Soles creates customizable children’s shoes with interchangeable “baubles” to suit different occasions.
Q: How much do Baubles + Soles shoes cost?
A: Baubles + Soles shoes are priced at .95, including one bauble set.
Q: Can additional baubles be purchased?
A: Yes, customers can purchase additional baubles for .95 each.
Q: Where can I buy Baubles + Soles shoes?
A: Baubles + Soles shoes can be purchased directly from their website or through their Amazon store.
Q: Are Baubles + Soles shoes sustainable?
A: Yes, Baubles + Soles shoes are made from a proprietary bio-based material that is 45% soy by weight and are 100% recyclable.
Q: Can Baubles + Soles shoes be washed?
A: Yes, Baubles + Soles shoes are machine washable.
Q: What impact does Baubles + Soles have?
A: Baubles + Soles donates a portion of their proceeds to support women and children vulnerable to trafficking through their Heart + Soles fund.
Q: Are Baubles + Soles shoes durable?
A: Yes, Baubles + Soles shoes are designed to be durable and able to withstand the wear and tear of active children.
Q: Do Baubles + Soles shoes have positive reviews?
A: Yes, Baubles + Soles has received positive reviews from customers who appreciate the versatility, durability, and eco-friendly aspects of the shoes.
Q: What are Baubles + Soles’ future plans?
A: Baubles + Soles aims to expand their distribution and get their shoes into national children’s stores while continuously developing new designs.