Drain Wig on Shark Tank: 5 Things You Need to Know

Drain Wig: The Pitch

Drain Wig, a revolutionary hair catcher, made its debut on Shark Tank in Season 13. The founder, Jacqueline Ros, wowed the sharks with her innovative solution to a common problem. Drain Wig is a disposable, biodegradable hair trap that fits over any drain, effectively preventing hair from clogging pipes.

The Sharks' Reaction

The sharks were impressed by Drain Wig's simplicity, functionality, and potential. Lori Greiner, known for investing in practical products, made an offer of $100,000 for a 25% stake in the company. Ros negotiated and accepted an offer of $100,000 for a 20% stake, valuing Drain Wig at $500,000.

The Market for Drain Wigs

The drain cleaning industry is estimated to be worth over $10 billion globally. Clogged drains caused by hair accumulation are a major problem, costing homeowners and businesses billions of dollars in repairs and maintenance. Drain Wig addresses this issue by providing a simple, cost-effective solution.

Drain Wig's Features and Benefits

Drain Wig offers several key features and benefits:

• Disposable and biodegradable: Drain Wig is made from cellulose fibers, making it environmentally friendly and easy to dispose of.
• Fits any drain: Drain Wig's unique design ensures it fits securely over any standard drain size, including sink, shower, and tub drains.
• Effective hair trapping: Drain Wig's ultra-fine mesh captures even the finest hair particles, preventing them from clogging pipes.
• Easy to use: Simply place Drain Wig over the drain and replace it when it's full.

New Applications for Drain Wig

The potential applications for Drain Wig extend beyond hair clogs. Its innovative design and effective hair trapping capabilities make it suitable for various uses, including:

• Pet hair removal: Drain Wig can be used to catch pet hair in sinks and bathtubs, preventing it from clogging drains and creating unpleasant odors.
• Industrial drainage: Drain Wig can be utilized in industrial settings to capture hair or other debris from drains, reducing maintenance costs and improving efficiency.
• Eco-friendly alternative: Drain Wig serves as an eco-friendly alternative to traditional chemical drain cleaners, which can harm the environment and pose health risks.

Tables

Table 1: Drain Wig Features

Table 2: Drain Wig Benefits

Table 3: Market for Drain Wigs

Table 4: Potential Applications for Drain Wig

Common Mistakes to Avoid

When using Drain Wig, there are a few common mistakes to avoid:

• Overfilling: Avoid overfilling Drain Wig, as it may cause water to overflow or splash.
• Untimely disposal: Dispose of Drain Wig promptly once it's full to prevent hair buildup and odors.
• Ignoring small clogs: While Drain Wig prevents major clogs, smaller clogs may still occur. Regularly inspect drains and clean them as needed.

Pros and Cons

Pros:

• Effective hair trapping
• Prevents clogged drains
• Easy to use and dispose of
• Biodegradable and eco-friendly

Cons:

• Disposable nature may contribute to waste
• May require frequent replacement in high-use drains
• Not a permanent solution for all drain clogging issues