Kevin calls it an expensive foam mat and he goes out too. Mark says she’s driven, but she doesn’t need a partner, he’s out too. Elizabeth thinks she needs retail to get into baby gift registries.ĭaymond thinks people won’t pay the high price, so he goes out. Robert and Kevin don’t like the idea of retail as the product takes up too much space. They also have concerns with the price point versus the “standard” mats. The Sharks get into discussion about the differences between Little Nomad and the competition. Mark says with those margins, she should sell direct online. Each unit costs her $16.39 and she sells them for $139. She explains how the Kickstarter went viral in online “mom groups.” In the future, she wants to see the product in retail stores that sell baby products. She tells the Sharks she’s pre-sold $114,000 worth of mats through her Kickstarter in just three and a half months in business. She then sends Talia off with her hubby for “nap time” and hands out sample tiles to the Sharks. She hands Talia off to Kevin and peels off the bright foam mat to reveal her stylish Little Nomad mat. They have a bright foam mat on the floor as they explain why these are practical for kids. She enters with her husband and toddler, Talia. Will a Shark want to invest? Little Nomad Shark Tank RecapĮlizabeth enters seeking $80,000 for 15% of the business. She’s been selling them ever since! Elizabeth likely wants a Shark’s help getting into mass retailers. The company completed a successful Kickstarter campaign in June, 2016 and delivered her products in November of the same year. They also double as exercise mats for mom and dad. Little Nomad mats look like “real” rugs, so they can stay out when baby goes to bed. She set out to create interconnecting foam mats that looked elegant and chic in her home.įoam mats are great play surfaces for toddlers on hard surface floors, but most of them come in bold, loud colors. Granados liked the functionality of foam mats for kid’s play or exercise, but she didn’t like the look of most mats. Elizabeth Granados hopes the Sharks get off the mat and invest in Little Nomad, her decorative foam mat business, in Shark Tank episode 814.
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