Nail Pak Shark Tank Update | What Happened to Nail Pak after Shark Tank?
What is Nail Pak?
Nail Pak is a compact, portable product that combines nail polish, filing pads, and nail polish remover for easy nail care.
Created by Barbara Lampugnale, a busy mother of six from West Hartford, Connecticut, Nail Pak has proven to be a popular and successful product since its launch.
The product design includes a regular-looking nail polish bottle with a removable bottom that reveals a file and pre-soaked pads for removing polish.
Who is the founder of Nail Pak?
Barbara Lampugnale founded Duality Cosmetics, the company behind the game-changing product Nail Pak, which later was renamed Grace Nail.
The inspiration for the product came to her while she and her six children were applying nail polish and found it difficult to remove.
The idea of a three-in-one product that included nail polish, a file, and pre-soaked removal wipes in the size of a standard nail polish bottle resonated with her and her children, who believed it could be a million-dollar idea.
What Happened to Nail Pak at Shark Tank pitch?
In episode 314 of Shark Tank, Barbara Lampugnale, a businesswoman and mother of six, pitches the Sharks on her three-in-one nail polish product called Nail Pak.
She is seeking a Shark to help her grow and market the product and is willing to give up 20% of her company for $50,000.
The Sharks are impressed by the fact that Nail Pak only costs $3 to make but sells for $14.99.
Robert is not interested due to lack of experience in cosmetics, Mark declines due to the time commitment required to bring the product to market.
Lori is excited about the product and offers $50,000 for 51% of the company, and Kevin offers $50,000 for 40% stake in the company.
Lori agrees to accept 40% stake in the company if she can join Barbara at one of her manicure parties. Barbara agrees and the pitch ends with a deal.
What Happened to Nail Pak after Shark Tank?
In Shark Tank episode 314, Lori Greiner closed a deal with Barbara Lampugnale for her product, Nail Pak. The product was made available on QVC the following Saturday and sold out quickly.
In season 4, episode 410, an update on Nail Pak’s success was shown. Lori helped increase the product’s availability by getting it in over 500 Ultra Beauty stores nationwide, in addition to its success on QVC.
As of January 2022, the company is still in operation and is considered one of Lori’s most successful Shark Tank investments.
Competitors of Nail Pak
Nail Pak main competitors are Star Nails, Nail Envy, Nail Artz and Mega Nails.
Net Worth of Nail Pak
The company’s value was $250,000 at the time of the pitch, but after Lori Greiner invested, it decreased to $125,000. As of January 2022, the company’s net worth had increased to $850,000.
Nail Pak FAQs
What is Nail Pak?
Nail Pak is a three-in-one package that contains nail paints, pads, and nail polish remover to effectively remove nail polish.
Who is the founder?
Barbara Lampugnale founded Duality Cosmetics, which manufactured Nail Pak. This company created a game-changing product, but the consequences were sad. Barbara had the idea for one day as she and her six kids were applying nail paint.
After wearing it for a while, they found how tough it was to remove. Barbara submitted the concept to her children, who felt making a three-in-one item would be a million-dollar idea.
How much was seeking on Shark Tank?
Barbara Lampugnale entered Shark Tank asking $50,000 for 20% stake in her Nail Pak, which worth $250,000.
Did she have the deal?
Yes, she did with Lori Greiner.
How much was the deal?
Lori Greiner offered $50,000 for 40% ownership of the company, worth $125,000.
Is Nail Pak still in business?
Yes, it is still in business.
Why Nail Pak is called a three-in-one item?
The product contains nail polish remover, nail polish and nail brush. This product is definitely a revolutionary idea.
Where does Nail Pak come from?
Duality Cosmetics (Duality Cosmetics) is located in Boston, Massachusetts and manufactures this product/service.
What are the ingredients in Nail Pak?
The products contain: Nail polish remover, acetone, and distilled water. The nail polish remover (or nail cleanser) is a thick liquid that contains no formaldehyde, formaldehyde resin (FRFORM), dibutyl phthalate and dibutyl adipate.
What is the Nail Pak process?
The bottom unscrews to expose a circular file and pre-soaked nail paint remover pads.
How to use Nail Pak?
Apply the desired color of paint with the brush provided in the box. Use the circular file before applying a Polish as this helps to ensure that your nails are as smooth as possible for application purposes.
Is Nail Pak shipping outside?
Yes, it is shipping outside.
What is the shipping cost?
Nail Pak is shipping free with any purchase.
How to contact Nail Pak?
Customers can contact them on website at http://www.DualityCosmetics.com/
Or email at [email protected].
Where can I find Nail Pak?
Customers can purchase the product from QVC and Ultra Beauty stores across the United States. Customers may also be able to find it in various department stores and beauty supply shops.
Are the nail polish remover pads wearable?
The Nail polish remover pads are not intended to be worn as clothing items; however, they can be worn if desired as a fun fashion accessory.
How do I pay Nail Pak?
People can pay using bank and credit card.
Is the Nail Pak vegan?
No, it isn´t.
Will Nail Pak chip my nails off?
No, this product doesn´t chip nails off.
Are Nail Pak washes and polishes animal-free?
Yes, they are washable.
How does Nail Pak make money?
Nail Pak makes money by selling the product.
What is the Nail Pak return?
People can return any unused products within 30 days of purchase.
Is the Nail Pak for sale online?
Yes, they are for sale online on QVC and Ultra Beauty website.
What does Nail Pak sell?
It sells three-in-one package which contains nail paints, pads, and nail polish remover.
Does Nail Pak expire?
Yes, the products will expire in three years.
What is the net worth of Barbara Lampugnale?
Barbara Lampugnale has an estimate net worth of $2 Million.